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Nicotine Gum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 139 pages | ID: NC1456FEF11FEN
IMARC Group

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Market Overview:

The global nicotine gum market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Nicotine gum is an over the counter (OTC) smoking cessation product. It aims to assist individuals suffering from tobacco dependence in minimizing their consumption of cigarettes and eventually quit smoking. Nicotine is released when the gum is chewed and is absorbed into the bloodstream through the lining of the mouth. This aids in gradually curbing nicotine cravings and reducing the withdrawal symptoms and urge to smoke. It is commonly available in three variants: 2mg, 4mg and 6mg based on the nicotine content and is used by the individuals based on the number of cigarettes consumed by them on a daily basis.

The rising instances of lung cancer and other respiratory disorders is one of the key factors driving the growth of the market. Smoking is known to cause various chronic diseases, such as coronary heart disease (CHD), stroke, oropharyngeal cancer, esophageal cancer, tuberculosis, rheumatoid arthritis and various immunity-related ailments. The rising awareness regarding these ailments, along with the increasing health consciousness, is contributing to the market growth. Additionally, widespread adoption of smoking cessation therapies is acting as another growth-inducing factor. Various government and non-government organizations (NGOs) across both the developed and emerging nations are promoting the usage of smoking cessation products, such as nicotine gums, to assist individuals, especially the youth, with tobacco addiction. Other factors, including various product innovations such as the development of nicotine lozenges, rapid urbanization and extensive research and development activities, are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global nicotine gum market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and distribution channel.

Breakup by Type:

2 Mg Nicotine Gum
4 Mg Nicotine Gum
6 Mg Nicotine Gum

Breakup by Application:

Withdrawal Clinics
Medical Practice
Individual Smokers
Others

Breakup by Distribution Channel:

Retail Pharmacies
Specialty Stores
Online Stores
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being British American Tobacco, Cambrex Corporation, GlaxoSmithKline, ITC Limited, Johnson & Johnson Services, Novartis, Perrigo, Pfizer, Takeda Pharmaceutical Company, etc.

Key Questions Answered in This Report:
How has the global nicotine gum market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global nicotine gum market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global nicotine gum market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5GLOBAL NICOTINE GUM MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast

6 MARKET BREAKUP BY TYPE

6.12 Mg Nicotine Gum
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.24 Mg Nicotine Gum
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.36 Mg Nicotine Gum
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1Withdrawal Clinics
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2Medical Practice
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3Individual Smokers
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.3Others
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY DISTRIBUTION CHANNEL

8.1Retail Pharmacies
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2Specialty Stores
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3Online Stores
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2Asia Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
  14.3.1British American Tobacco
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2Cambrex Corporation
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
  14.3.3GlaxoSmithKline
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4ITC Limited
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5Novartis
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6Johnson & Johnson Services
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7Perrigo
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8Pfizer
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9Takeda Pharmaceutical Company
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Nicotine Gum Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Nicotine Gum Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Nicotine Gum Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Nicotine Gum Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Nicotine Gum Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Nicotine Gum Market: Competitive Structure
Table 7: Global: Nicotine Gum Market: Key Players

LIST OF FIGURES

Figure 1: Global: Nicotine Gum Market: Major Drivers and Challenges
Figure 2: Global: Nicotine Gum Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Nicotine Gum Market: Breakup by Type (in %), 2022
Figure 4: Global: Nicotine Gum Market: Breakup by Application (in %), 2022
Figure 5: Global: Nicotine Gum Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Nicotine Gum Market: Breakup by Region (in %), 2022
Figure 7: Global: Nicotine Gum Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Nicotine Gum (2 Mg Nicotine Gum) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Nicotine Gum (2 Mg Nicotine Gum) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Nicotine Gum (4 Mg Nicotine Gum) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Nicotine Gum (4 Mg Nicotine Gum) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Nicotine Gum (6 Mg Nicotine Gum) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Nicotine Gum (6 Mg Nicotine Gum) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Nicotine Gum (Withdrawal Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Nicotine Gum (Withdrawal Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Nicotine Gum (Medical Practice) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Nicotine Gum (Medical Practice) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Nicotine Gum (Individual Smokers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Nicotine Gum (Individual Smokers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Nicotine Gum (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Nicotine Gum (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Nicotine Gum Market: Sales through Retail Pharmacies (in Million US$), 2017 & 2022
Figure 23: Global: Nicotine Gum Market Forecast: Sales through Retail Pharmacies (in Million US$), 2023-2028
Figure 24: Global: Nicotine Gum Market: Sales through Specialty Stores (in Million US$), 2017 & 2022
Figure 25: Global: Nicotine Gum Market Forecast: Sales through Specialty Stores (in Million US$), 2023-2028
Figure 26: Global: Nicotine Gum Market: Sales through Online Stores (in Million US$), 2017 & 2022
Figure 27: Global: Nicotine Gum Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
Figure 28: Global: Nicotine Gum Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
Figure 29: Global: Nicotine Gum Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
Figure 30: North America: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia Pacific: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia Pacific: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Nicotine Gum Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Nicotine Gum Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Nicotine Gum Industry: SWOT Analysis
Figure 79: Global: Nicotine Gum Industry: Value Chain Analysis
Figure 80: Global: Nicotine Gum Industry: Porter’s Five Forces Analysis


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