Global Nicotine Gum Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Distribution Channel Coverage, By Geographic Coverage and By Company)
Published Date: Sep 2023 |
Format:
| No. of Pages: 220
Nicotine gum is a smoking cessation product designed to help individuals quit smoking. It contains a controlled amount of nicotine, which is released gradually when the gum is chewed. Nicotine gum effectively helps reduce withdrawal symptoms associated with quitting smoking, such as cravings and irritability. It is considered safe when used as directed by a healthcare professional or following the recommended instructions on the product packaging.
The global market for nicotine gum is all set for a healthy rise in revenue at a CAGR of 6% between 2023 and 2030, reaching an estimated valuation of US$2 billion.
Nicotine gum can have side effects. Common side effects include nausea, throat irritation, hiccups, and jaw discomfort. These side effects are often mild and temporary. It's crucial to follow the dosing instructions carefully and consult a healthcare provider if side effects persist or worsen.
During the projected period, North America is expected to dominate the global market for nicotine gum. The CAGR for the Asia Pacific area will increase at the fastest rate during the projection period.
Apart from British American Tobacco plc, Novartis AG, and Johnson & Johnson, some of the prominent names in the market for nicotine gum include ITC Limited, Cipla Health Limited, Teva Canada, and Philip Morris International, Inc.