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Nicotine Gum Market Research Report-Forecast till 2028
Market Report I 2023-01-02 I 100 Pages I Market Research Future
Nicotine Gum Market Forecast to 2028
Market Overview
As per the MRFR analysis, the market for nicotine gum is expected to grow at a notable 4.6% CAGR to surpass USD 1,810.5 million by the end of 2028. A nicotine replacement therapy (NRT) product called nicotine gum aids in reducing the amount of nicotine consumed, primarily through cigarettes. A method for stopping smoking and smokeless tobacco is nicotine replacement treatment. Smoking is profoundly unsafe, and around 90% of all cellular breakdowns in the lungs passings are seen in people because of smoking. Smoking likewise expands the gamble for stroke, coronary illness, and different sorts of diseases. This has brought about more popularity for Nicotine gum items.
Growing health concerns about smoking are the main factors fueling the growth of the global nicotine gum market during the review period. The key drivers supporting the development of the global Nicotine gum market are the worries because of smoking, rising well-being mindfulness, and government drives towards sponsoring NRT item costs. Be that as it may, rigid guidelines on the assembling and retail of Nicotine discontinuance items and the results of Nicotine gums are set to check the development of the global Nicotine gum market. Additionally, the development of the coordinated retail area in non-industrial countries and web-based entertainment advancements, and big-name supports are supposed to create lucrative growth for the key players working in the global Nicotine gum market during the forecast period. Besides, the interest in creative items has been a moving region for producers around the world.
Segment Overview
The global Nicotine Gum Market is segmented in terms of product type, category, and distribution channel. Based on product type, the market is bifurcated into 2 mg and 4 mg.
In terms of category, the global nicotine gum market has been segmented into plain and flavored. In terms of distribution channels, the global market is divided into store-based and non-store-based.
Regional Analysis
Geographically, the global nicotine gum market has been partitioned into North America, Europe, Asia-Pacific, South America, and the Center East and Africa. North America represented the biggest market portion of 45.21% in 2020, the market is supposed to enlist a CAGR of 4.78% during the review period. Asia-Pacific was the second-biggest market in 2020, and it is projected to develop at a significant CAGR of 4.86%.
The US holds the biggest offer in the regional market. Most of nicotine gum use is in metropolitan regions contrasted with rustic regions of the US. This distinction is credited to the socio-social and financial elements connected to living in metropolitan regions.
Major Players
Prominent players in the global nicotine gum market include British American Tabacco (UK), Glenmark Pharmaceuticals Limited (India), Johnson & Johnson Inc. (UK), Pfizer Inc. (US), ITC Limited (India), Perrigo Company Plc (Ireland), GlaxoSmithKline Plc (UK), Fertin Pharma A/S (Denmark), Cipla Inc. (India), Enorama Pharma Ab (Sweden).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 11
1.1 MARKET ATTRACTIVENESS ANALYSIS 12
1.1.1 GLOBAL NICOTINE GUMS MARKET, BY PRODUCT TYPE 13
1.1.2 GLOBAL NICOTINE GUMS MARKET, CATEGORY 14
1.1.3 GLOBAL NICOTINE GUMS MARKET, DISTRIBUTION CHANNEL 15
1.1.4 GLOBAL NICOTINE GUMS MARKET, BY REGION 16
2 MARKET INTRODUCTION 17
2.1 DEFINITION 17
2.2 SCOPE OF THE STUDY 17
2.3 RESEARCH OBJECTIVE 17
2.4 MARKET STRUCTURE 18
2.5 KEY BUYING CRITERIA 18
3 RESEARCH METHODOLOGY 19
3.1 RESEARCH PROCESS 19
3.2 PRIMARY RESEARCH 20
3.3 SECONDARY RESEARCH 21
3.4 MARKET SIZE ESTIMATION 22
3.5 FORECAST MODEL 23
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 24
4 MARKET DYNAMICS 25
4.1 OVERVIEW 25
4.2 DRIVERS 26
4.2.1 CONCERNS DUE TO SMOKING & RISING HEALTH AWARENESS 26
4.2.2 GOVERNMENT INITIATIVES TOWARDS SUBSIDIZING NRT PRODUCT COSTS 26
4.3 RESTRAINTS 27
4.3.1 STRINGENT REGULATIONS ON MANUFACTURING & RETAIL OF NICOTINE CESSATION PRODUCTS 27
4.3.2 SIDE EFFECTS OF NICOTINE GUM 27
4.4 OPPORTUNITIES 28
4.4.1 GROWTH OF THE ORGANIZED RETAIL SECTOR IN DEVELOPING NATIONS 28
4.4.2 SOCIAL MEDIA PROMOTIONS & CELEBRITY ENDORSEMENTS 29
4.5 TRENDS 29
4.5.1 DEMAND FOR INNOVATIVE PRODUCTS 29
5 MARKET FACTOR ANALYSIS 30
5.1 VALUE CHAIN ANALYSIS 30
5.1.1 RAW MATERIAL PROCUREMENT 31
5.1.2 PROCESSING 32
5.1.3 PACKAGING 32
5.2 SUPPLY CHAIN ANALYSIS 33
5.3 PORTER'S FIVE FORCES MODEL 34
5.3.1 THREAT OF NEW ENTRANTS 34
5.3.2 BARGAINING POWER OF SUPPLIERS 34
5.3.3 THREAT OF SUBSTITUTES 35
5.3.4 BARGAINING POWER OF BUYERS 35
5.3.5 INTENSITY OF RIVALRY 35
6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL NICOTINE GUM MARKET 36
6.1.1 IMPACT ON PRODUCTION 36
6.1.2 IMPACT ON SUPPLY CHAIN 36
6.1.3 IMPACT ON PRICING 37
6.1.4 IMPACT ON CONSUMER BUYING BEHAVIOR 37
6.1.5 IMPACT ON RETAIL SALES 37
7 GLOBAL NICOTINE GUMS MARKET, BY PRODUCT TYPE 38
7.1 OVERVIEW 38
7.1.1 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2021-2028 39
7.2 2 MG 39
7.2.1 2 MG: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 39
7.3 4 MG 40
7.3.1 4 MG: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 40
8 GLOBAL NICOTINE GUMS MARKET, BY CATEGORY 41
8.1 OVERVIEW 41
8.1.1 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2021-2028 42
8.2 FLAVORED 42
8.2.1 FLAVORED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 42
8.3 PLAIN 43
8.3.1 PLAIN: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 43
9 GLOBAL NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL 44
9.1 OVERVIEW 44
9.1.1 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2021-2028 45
9.2 STORE-BASED 46
9.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 46
9.3 NON-STORE-BASED 47
9.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 47
10 GLOBAL NICOTINE GUMS MARKET, BY REGION 48
10.1 OVERVIEW 48
10.2 NORTH AMERICA 50
10.2.1 US 52
10.2.2 CANADA 53
10.2.3 MEXICO 54
10.3 EUROPE 55
10.3.1 UK 58
10.3.2 GERMANY 60
10.3.3 ITALY 61
10.3.4 SPAIN 62
10.3.5 SWEDEN 63
10.3.6 DENMARK 64
10.3.7 REST OF EUROPE 65
10.4 ASIA-PACIFIC 67
10.4.1 CHINA 69
10.4.2 INDIA 70
10.4.3 JAPAN 71
10.4.4 AUSTRALIA & NEW ZEALAND 72
10.4.5 REST OF ASIA-PACIFIC 73
10.5 REST OF THE WORLD 76
10.5.1 SOUTH AMERICA 78
10.5.2 MIDDLE EAST 79
10.5.3 AFRICA 80
11 REFERENCES 82
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LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 23
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 27
TABLE 3 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 42
TABLE 4 2 MG: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 42
TABLE 5 4 MG: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 43
TABLE 6 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2021-2028 (USD MILLION) 45
TABLE 7 FLAVORED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 45
TABLE 8 PLAIN: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 46
TABLE 9 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 48
TABLE 10 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 49
TABLE 11 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 50
TABLE 12 GLOBAL NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 52
TABLE 13 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028 (USD MILLION) 53
TABLE 14 NORTH AMERICA: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 54
TABLE 15 NORTH AMERICA: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 54
TABLE 16 NORTH AMERICA: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 54
TABLE 17 US: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 55
TABLE 18 US: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 55
TABLE 19 US: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 55
TABLE 20 CANADA: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 56
TABLE 21 CANADA: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 56
TABLE 22 CANADA: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 56
TABLE 23 MEXICO: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 57
TABLE 24 MEXICO: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 57
TABLE 25 MEXICO: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 58
TABLE 26 EUROPE: NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028 (USD MILLION) 60
TABLE 27 EUROPE: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 60
TABLE 28 EUROPE: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 60
TABLE 29 EUROPE: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 61
TABLE 30 UK: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 61
TABLE 31 UK: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 62
TABLE 32 UK: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 62
TABLE 33 GERMANY: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 63
TABLE 34 GERMANY: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 63
TABLE 35 GERMANY: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 63
TABLE 36 ITALY: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 64
TABLE 37 ITALY: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 64
TABLE 38 ITALY: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 64
TABLE 39 SPAIN: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 65
TABLE 40 SPAIN: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 65
TABLE 41 SPAIN: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 66
TABLE 42 SWEDEN: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 66
TABLE 43 SWEDEN: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 66
TABLE 44 SWEDEN: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 67
TABLE 45 DENMARK: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 67
TABLE 46 DENMARK: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 68
TABLE 47 DENMARK: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 68
TABLE 48 REST OF EUROPE: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 68
TABLE 49 REST OF EUROPE: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 69
TABLE 50 REST OF EUROPE: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 69
TABLE 51 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028 (USD MILLION) 70
TABLE 52 ASIA-PACIFIC: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 70
TABLE 53 ASIA-PACIFIC: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 71
TABLE 54 ASIA-PACIFIC: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 71
TABLE 55 CHINA: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 72
TABLE 56 CHINA: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 72
TABLE 57 CHINA: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 72
TABLE 58 INDIA: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 73
TABLE 59 INDIA: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 73
TABLE 60 INDIA: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 73
TABLE 61 JAPAN: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 74
TABLE 62 JAPAN: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 74
TABLE 63 JAPAN: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 75
TABLE 64 AUSTRALIA & NEW ZEALAND: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 75
TABLE 65 AUSTRALIA & NEW ZEALAND: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 75
TABLE 66 AUSTRALIA & NEW ZEALAND: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 76
TABLE 67 REST OF ASIA-PACIFIC: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 76
TABLE 68 REST OF ASIA-PACIFIC: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 77
TABLE 69 REST OF ASIA-PACIFIC: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 77
TABLE 70 REST OF THE WORLD: NICOTINE GUMS MARKET ESTIMATES & FORECAST, BY REGION, 2021-2028 (USD MILLION) 79
TABLE 71 REST OF THE WORLD: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 80
TABLE 72 REST OF THE WORLD: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 80
TABLE 73 REST OF THE WORLD: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 80
TABLE 74 SOUTH AMERICA: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 81
TABLE 75 SOUTH AMERICA: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 81
TABLE 76 SOUTH AMERICA: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 81
TABLE 77 MIDDLE EAST: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 82
TABLE 78 MIDDLE EAST: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 82
TABLE 79 MIDDLE EAST: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 82
TABLE 80 AFRICA: NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 83
TABLE 81 AFRICA: NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 83
TABLE 82 AFRICA: NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 84
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LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 15
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL NICOTINE GUMS MARKET, 2021 16
FIGURE 3 GLOBAL NICOTINE GUMS MARKET ANALYSIS, BY PRODUCT TYPE, 2021 17
FIGURE 4 GLOBAL NICOTINE GUMS MARKET ANALYSIS, BY CATEGORY, 2021 18
FIGURE 5 GLOBAL NICOTINE GUMS MARKET ANALYSIS, BY DISTRIBUTION CHANNEL, 2021 19
FIGURE 6 GLOBAL NICOTINE GUMS MARKET ANALYSIS, BY REGION, 2021 20
FIGURE 7 GLOBAL NICOTINE GUMS MARKET: STRUCTURE 22
FIGURE 8 KEY BUYING CRITERIA FOR NICOTINE GUM 22
FIGURE 9 RESEARCH PROCESS 23
FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES 26
FIGURE 11 MARKET DYNAMIC ANALYSIS: GLOBAL NICOTINE GUMS MARKET 29
FIGURE 12 DRIVERS IMPACT ANALYSIS 30
FIGURE 13 RESTRAINTS IMPACT ANALYSIS 32
FIGURE 14 VALUE CHAIN: GLOBAL NICOTINE GUMS MARKET 34
FIGURE 15 GLOBAL NICOTINE GUMS MARKET: SUPPLY CHAIN ANALYSIS 37
FIGURE 17 GLOBAL NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021 (% SHARE) 42
FIGURE 18 GLOBAL NICOTINE GUMS MARKET, BY PRODUCT TYPE, 2021-2028 (USD MILLION) 42
FIGURE 19 GLOBAL NICOTINE GUMS MARKET, BY CATEGORY, 2021 (% SHARE) 45
FIGURE 20 GLOBAL NICOTINE GUMS MARKET, BY CATEGORY, 2021-2028 (USD MILLION) 45
FIGURE 21 GLOBAL NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021 (% SHARE) 48
FIGURE 22 GLOBAL NICOTINE GUMS MARKET, BY DISTRIBUTION CHANNEL, 2021-2028 (USD MILLION) 48
FIGURE 23 GLOBAL NICOTINE GUMS MARKET, BY REGION, 2021-2028 (USD MILLION) 52
FIGURE 24 GLOBAL NICOTINE GUMS MARKET, BY REGION, 2021 (% SHARE) 53
FIGURE 25 NORTH AMERICA: NICOTINE GUMS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 54
FIGURE 26 EUROPE: NICOTINE GUMS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 59
FIGURE 27 ASIA-PACIFIC: NICOTINE GUMS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 71
FIGURE 28 REST OF THE WORLD: NICOTINE GUMS MARKET SHARE, BY REGION, 2021 (% SHARE) 80
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