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Global Nicotine Gum Market Insights<br>Nicotine Gum Market size was valued at USD 1.49 billion in 2021 and is poised to grow from USD 1.56 billion in 2022 to USD 2.17 billion by 2030, growing at a CAGR of 4.8% in the forecast period (2023-2030).<br>Nicotine gum is an FDA-approved medication that can help individuals give up smoking habits. When combined with a nicotine patch, it can be used every 2 hours to prevent withdrawal symptoms or as needed for stronger cravings. Furthermore, the product belongs to a class of medications known as smoking cessation aids. It is a type of flavoured chewing gum
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Global Nicotine Gum Market Size, Share, Growth Analysis, By Type by Distribution channel - Industry Forecast 2023-2030 Global Nicotine Gum Market Insights Nicotine Gum Market size was valued at USD 1.49 billion in 2021 and is poised to grow from USD 1.56 billion in 2022 to USD 2.17 billion by 2030, growing at a CAGR of 4.8% in the forecast period (2023-2030). Nicotine gum is an FDA-approved medication that can help individuals give up smoking habits. When combined with a nicotine patch, it can be used every 2 hours to prevent withdrawal symptoms or as needed for stronger cravings. Furthermore, the product belongs to a class of medications known as smoking cessation aids. It is a type of flavoured chewing gum that produces nicotine, which is then released into the smoker's bloodstream via the mouth lining, suppressing the craving for nicotine in a smoker. Previously,
it was affected by COVID-19 due to impose of continuous lockdowns. To overcome COVID-19 infection, health organisations such as the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) have recommended smokers to stop smoking as a precautionary measure. The major reason driving product demand is an increase in the number of people attempting to give up smoking as a result of increasing awareness about the health risks that come with smoking. Global Nicotine Gum Market Segmental Analysis Global nicotine gum market is segmented based on the type, distribution channel, and region. Based on type, global market is segmented into 2 mg, 4 mg, 6 mg. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, pharmacies, and online stores. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA. Nicotine Gum Market Analysis by Type Based on type, global nicotine gum market is segmented into 2 mg, 4 mg, 6 mg. The 2mg segment has a sizable market share because it is beneficial to light smokers who smoke below 25 cigarettes per day. The easy accessibility of 2mg nicotine gums in a variety of flavours continues to attract potential users, which seems permitted to accelerate growth over the forecast period. Nicorette 2mg gum diminishes and controls tobacco cravings and nicotine withdrawal symptoms. It is recommended to assist people who smoke who attempt to quit or reduce their risk of quitting, to help smokers who are unwilling or unable to quit, and to serve as a relatively safe substitute for smoking for smokers and those around them. Get the best overview of Nicotine gum market.
https://www.skyquestt.com/report/nicotine-gum-market Nicotine Gum Market Top Player's Company Profiles •GlaxoSmithKline •Johnson & Johnson •Perrigo Company plc •Pfizer Inc. •Novartis AG •Revolymer PLC •Cambrex Corporation •Fertin Pharma A/S •Alchem International Ltd. •Dr. Reddy's Laboratories Ltd. •ConfiDent AB •MCNEIL-PPC, Inc. •Tendex Holdings Limited •Parnell Pharmaceuticals Inc. •Takeda Pharmaceutical Company Limited •LEO Pharma A/S •Sun Pharmaceutical Industries Ltd. •Perrigo UK FINCO Limited •Pharmacia Corporation •Procter & Gamble Co. About Us: Sky Quest Technology is leading growth consulting firm providing market intelligence, commercialization, and technology services. It has 450+ happy clients globally.
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