The global nicotine pouches market size is estimated to reach USD 22.84 billion in 2030 and is anticipated to grow at a CAGR of 34.0% over the forecast period, according to a new report. The surge in the consumption of nicotine products has led to a significant shift in the market dynamics, driving the demand for nicotine pouches. Several factors contribute to this trend. Firstly, the evolving perception of nicotine consumption, particularly among younger demographics, has driven the demand for alternative, convenient, and discreet delivery methods. Nicotine pouches offer a smoke-free, odorless, and socially acceptable way to satisfy nicotine cravings, appealing to individuals seeking a less conspicuous form of consumption.
Furthermore, increased health consciousness and regulatory measures surrounding traditional tobacco products have steered consumers toward safer alternatives. Nicotine pouches, devoid of tobacco and combustion-related toxins, present a perceived reduced risk compared to conventional smoking methods. As health concerns continue to drive lifestyle choices, the market for nicotine pouches stands to benefit from this growing preference for harm reduction. Apart from this, growing consumer awareness about the risks associated with smoking has compelled many smokers to switch to nicotine pouches.
The tobacco-derived nicotine pouches held the higher share of the market in 2023 and is expected to register a considerable CAGR over the forecast period. Nicotine pouches are marketed as a safer alternative to smoking, as they do not involve combustion, which produces harmful tar and chemicals. In addition, increasing awareness about the health risks associated with smoking and tobacco use is pushing consumers towards less harmful alternatives like nicotine pouches. Many users enjoy the satisfaction of nicotine but also understand the negative health consequences of using chewing tobacco, including oral cancer. This is why chewing tobacco alternatives, like Fully Loaded Chew and Smokey Mountain, have increased in popularity in recent years.
Extra strong nicotine pouches held a high share of the market. These products have a nicotine content more than 8 mg per pouch, they are therefore reserved for informed users or people who have significant needs for nicotine during their smoking cessation. People often purchase extra strong (more than 8 mg/pouch) nicotine pouches for reasons like nicotine dependence, where individuals reliant on nicotine may seek higher concentrations to manage cravings effectively. Long-term users may develop tolerance, necessitating stronger pouches to achieve desired effects.
North America accounted for the largest share of the market and is estimated to grow at a significant CAGR over the forecast period. Government regulatory bodies in North America are taking several initiatives to encourage smokers to quit tobacco products. Their supportive measures for tobacco-free products in the U.S. will likely support the adoption of oral tobacco-free products like nicotine pouches and gums. For instance, in October 2021, the U.S. Food and Drug Administration (FDA) announced approval for the marketing of the four latest oral tobacco products manufactured by U.S. Smokeless Tobacco Company LLC under the brand name Verve.
Various steps are adopted by major global companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain more share of the market.
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Furthermore, increased health consciousness and regulatory measures surrounding traditional tobacco products have steered consumers toward safer alternatives. Nicotine pouches, devoid of tobacco and combustion-related toxins, present a perceived reduced risk compared to conventional smoking methods. As health concerns continue to drive lifestyle choices, the market for nicotine pouches stands to benefit from this growing preference for harm reduction. Apart from this, growing consumer awareness about the risks associated with smoking has compelled many smokers to switch to nicotine pouches.
The tobacco-derived nicotine pouches held the higher share of the market in 2023 and is expected to register a considerable CAGR over the forecast period. Nicotine pouches are marketed as a safer alternative to smoking, as they do not involve combustion, which produces harmful tar and chemicals. In addition, increasing awareness about the health risks associated with smoking and tobacco use is pushing consumers towards less harmful alternatives like nicotine pouches. Many users enjoy the satisfaction of nicotine but also understand the negative health consequences of using chewing tobacco, including oral cancer. This is why chewing tobacco alternatives, like Fully Loaded Chew and Smokey Mountain, have increased in popularity in recent years.
Extra strong nicotine pouches held a high share of the market. These products have a nicotine content more than 8 mg per pouch, they are therefore reserved for informed users or people who have significant needs for nicotine during their smoking cessation. People often purchase extra strong (more than 8 mg/pouch) nicotine pouches for reasons like nicotine dependence, where individuals reliant on nicotine may seek higher concentrations to manage cravings effectively. Long-term users may develop tolerance, necessitating stronger pouches to achieve desired effects.
North America accounted for the largest share of the market and is estimated to grow at a significant CAGR over the forecast period. Government regulatory bodies in North America are taking several initiatives to encourage smokers to quit tobacco products. Their supportive measures for tobacco-free products in the U.S. will likely support the adoption of oral tobacco-free products like nicotine pouches and gums. For instance, in October 2021, the U.S. Food and Drug Administration (FDA) announced approval for the marketing of the four latest oral tobacco products manufactured by U.S. Smokeless Tobacco Company LLC under the brand name Verve.
Various steps are adopted by major global companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain more share of the market.
Nicotine Pouches Market Report Highlights
- Asia Pacific is expected to grow at the fastest CAGR over the forecast period from 2024 to 2030. An increasing number of product launches in the synthetic segment is expected to drive industry growth in Asia Pacific.
- Synthetic nicotine pouches are estimated to grow at the fastest CAGR over the forecast period. An increasing number of product launches in the synthetic segment is expected to drive industry growth.
- Original/Unflavored nicotine pouches are expected to grow at a faster CAGR over the forecast period from 2024 to 2030. High demand for original flavor in nicotine pouches is encouraging key players to introduce new products.
- Nicotine pouches of normal strength is expected to grow at the fastest CAGR over the forecast period from 2024 to 2030. Normal level of strength provides a balanced experience, satisfying cravings without overwhelming effects. Individuals may opt for this strength for social or recreational use, enjoying the moderate nicotine content during social gatherings or relaxation thus driving the segment growth.
- Sales of nicotine pouches through online channel is expected to grow at the fastest CAGR over the forecast period from 2024 to 2030. The wide selection available online, encompassing various brands and flavors, appeals to consumers seeking diverse options. Competitive pricing and potential discounts further incentivize online purchases, potentially making them more economical than buying from traditional outlets.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Nicotine Pouches Market Variables, Trends & Scope
Chapter 4. Nicotine Pouches Market: Consumer Behavior Analysis
Chapter 5. Nicotine Pouches Market: Product Type Estimates & Trend Analysis
Chapter 6. Nicotine Pouches Market: Flavor Estimates & Trend Analysis
Chapter 7. Nicotine Pouches Market: Strength Estimates & Trend Analysis
Chapter 8. Nicotine Pouches Market: Distribution Channel Estimates & Trend Analysis
Chapter 9. Nicotine Pouches Market: Regional Estimates & Trend Analysis
Chapter 10. Competitive Analysis
List of Tables
List of Figures
Companies Mentioned
- British American Tobacco PLCO
- Altria Group, Inc.
- NIQO co.(Swedish Match AB)
- Nicopods ehf.
- SnusCentral
- Japan Tobacco International
- Swisher
- GN Tobacco Sweden AB
- Skruf Snus AB
- Tobacco Concept Factory
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 134 |
Published | July 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 3011.4 Million |
Forecasted Market Value ( USD | $ 22840 Million |
Compound Annual Growth Rate | 34.0% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |