The global nicotine gum market size is expected to reach USD 2.0 billion by 2030, registering a CAGR of 5.6% from 2023 to 2030. The market expansion is anticipated to be fueled by the increasing awareness of the health risks associated with smoking and the increasing availability and acceptance of nicotine replacement therapy. In addition, over the coming years, increased consumer awareness of the importance of nicotine replacement therapies is anticipated to drive demand.
People are looking towards nicotine replacement therapy (NRT), including nicotine gums, as a way to quit smoking as it has been an effective tool for managing nicotine cravings and reducing withdrawal symptoms. NRT works by providing the body with a small dose of nicotine, which helps to alleviate the physical symptoms of withdrawal that often occur when a person stops smoking.
Additionally, many people are aware of the social stigma associated with smoking and want to quit in order to improve their health and well-being. Quitting smoking can lead to numerous health benefits, including a reduced risk of heart disease, lung cancer, and other health problems.
In recent years, there has been a significant shift in public attitudes toward smoking. Smoking is no longer seen as a socially acceptable habit, and many workplaces and public spaces have implemented smoking bans. As a result, many people are feeling more motivated than ever to quit smoking and are turning to NRT products like nicotine gum to help them achieve their goals.
People are looking towards nicotine replacement therapy (NRT), including nicotine gums, as a way to quit smoking as it has been an effective tool for managing nicotine cravings and reducing withdrawal symptoms. NRT works by providing the body with a small dose of nicotine, which helps to alleviate the physical symptoms of withdrawal that often occur when a person stops smoking.
Additionally, many people are aware of the social stigma associated with smoking and want to quit in order to improve their health and well-being. Quitting smoking can lead to numerous health benefits, including a reduced risk of heart disease, lung cancer, and other health problems.
In recent years, there has been a significant shift in public attitudes toward smoking. Smoking is no longer seen as a socially acceptable habit, and many workplaces and public spaces have implemented smoking bans. As a result, many people are feeling more motivated than ever to quit smoking and are turning to NRT products like nicotine gum to help them achieve their goals.
Nicotine Gum Market Report Highlights
- The 2mg segment held the largest share of 55.9% in 2022. 2mg nicotine gums are an effective solution for managing nicotine cravings and reducing withdrawal symptoms. They work by providing the body with a small dose of nicotine, which helps to alleviate the physical symptoms of withdrawal that often occur when a person stops smoking
- However, the 4mg segment is expected to grow at the fastest CAGR of 6.0% over the forecast period owing to increasing depression and anxiety among the young population which is resulting in an increased number of heavy smokers
- The pharmacy segment held a significant share of 38.4% in 2022. Buying nicotine gum from a pharmacy provides a certain level of confidentiality for those who are trying to quit smoking or manage their nicotine cravings and require some input from the pharmacists with regard to the variety of products available and their benefits over others
- The online segment is expected to grow at the highest CAGR of 6.9% during the forecast period. Shopping for nicotine gum through online distribution channel allows consumers to easily compare prices, features, and reviews of different products. This helps them make an informed decision about which product to buy, ensuring that they get the best value for their money
- North America held the highest market share of 29.9% in 2022. The presence of various leading market players in the region is a major factor contributing to the market growth. Also, a rise in health-conscious consumers due to government initiatives and campaigns promoting healthy lifestyles is further driving the market growth in the region. According to the Centers for Disease Control and Prevention (CDC), the smoking rate in the U.S. is approximately 14% as of 2021, which is a significant decline from the 20.9% reported in 2005
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information analysis
1.3.2. Market formulation & data visualization
1.3.3. Data validation & publishing
1.4. Research Scope and Assumption
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Nicotine Gum Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw material outlook
3.2.2. Manufacturing & technology trends
3.3. Price Trend Analysis, 2018 - 2030
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1 Increasing availability and acceptance of nicotine replacement therapy
3.4.1.2 Increasing awareness of the health risks associated with smoking
3.4.2. Market Restraint Analysis
3.4.2.1 Availability of alternative smoking cessation products
3.4.3. Industry challenges
3.4.4. Industry opportunities
3.5. Impact of COVID-19 Pandemic
3.6. Industry Analysis Tools Porter’s
3.6.1. Porter’s Five Forces analysis
3.6.2. Macroeconomic analysis
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Frequency of Purchase
4.3. Consumer Trends and Preferences
4.4. Factors Affecting Buying Decision
4.5. Consumer Product Adoption
4.6. Observations & Recommendations
Chapter 5. Nicotine Gum Market: Type Analysis & Estimates
5.1. Type Movement Analysis & Market Share, 2022 & 2030
5.2. 2mg
5.2.1. 2mg market estimates and forecast, 2017 - 2030 (USD Million)
5.3. 4mg
5.3.1. 4mg products market estimates and forecast, 2017 - 2030 (USD Million)
Chapter 6. Nicotine Gum Market: Distribution Channel Analysis & Estimates
6.1. Distribution Channel Analysis & Market Share, 2022 & 2030
6.2. Supermarkets/Hypermarkets
6.2.1. Supermarkets/ Hypermarkets nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
6.3. Convenience Stores
6.3.1. Convenience stores nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
6.4. Pharmacies
6.4.1. Pharmacies nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
6.5. Online
6.5.1. Online nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
Chapter 7. Nicotine Gum Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2022 & 2030
7.2. North America
7.2.1. North America nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.2.2. North America nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.2.3. North America nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.2.4. U.S.
7.2.4.1. U.S. nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.2.4.2. U.S. nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.2.4.3. U.S. nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.2.5. Canada
7.2.5.1. Canada nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.2.5.2. Canada nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.2.5.3. Canada. nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.3.2. Europe nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.3. U.K.
7.3.3.1. U.K. nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.3.3.2. U.K. nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.3.3.3. U.K. nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.4. Germany
7.3.4.1. Germany nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.3.4.2. Germany nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.3.4.3. Germany nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.5. France
7.3.5.1. France nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.3.5.2. France nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.3.5.3. France nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.6. Italy
7.3.6.1. Italy nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.3.6.2. Italy nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.3.6.3. Italy nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.7. Spain
7.3.7.1. Spain nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.3.7.2. Spain nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.3.7.3. Spain nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.4.2. Asia Pacific nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.4.3. Asia Pacific nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.4. China
7.4.4.1. China nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.4.4.2. China nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.4.4.3. China nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.5. India
7.4.5.1. India nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.4.5.2. India nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.4.5.3. India nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.6. Japan
7.4.6.1. Japan nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.4.6.2. Japan nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.4.6.3. Japan nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.7. South Korea
7.4.7.1. South Korea nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.4.7.2. South Korea nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.4.7.3. South Korea nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.5.2. Latin America nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.5.3. Latin America nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.5.4. Brazil
7.5.4.1. Brazil nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.5.4.2. Brazil nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.5.4.3. Brazil nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.5.5. Mexico
7.5.5.1. Mexico nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.5.5.2. Mexico nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.5.5.3. Mexico nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.5.6. Argentina
7.5.6.1. Argentina nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.5.6.2. Argentina nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.5.6.3. Argentina nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Middle East & Africa nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.6.2. Middle East & Africa nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.6.3. Middle East & Africa nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.6.4. UAE
7.6.4.1. UAE nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.6.4.2. UAE nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.6.4.3. UAE nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.6.5. South Africa
7.6.5.1. South Africa nicotine gum market estimates and forecast, 2017 - 2030 (USD Million)
7.6.5.2. South Africa nicotine gum market estimates and forecast, by type, 2017 - 2030 (USD Million)
7.6.5.3. South Africa nicotine gum market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Chapter 8. Nicotine Gum Market- Competitive Landscape
8.1. Recent developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2022
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.8.1. Acquisition
List of Tables
1. Global nicotine gum market revenue estimates and forecast, by type, 2018 - 2030 (USD Million)
2. Global nicotine gum market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Million)
3. Recent developments & impact analysis, by key market participants
4. Company market share, 2022
List of Figures
1. Nicotine gum market segmentation
2. Information procurement
3. Data analysis models
4. Market formulation and validation
5. Data validating & publishing
6. Market snapshot
7. Segment snapshot
8. Competitive landscape snapshot
9. Nicotine gum market - Value chain analysis
10. Nicotine gum market dynamics
11. Prevalence of skin diseases across the globe, 2022 (%)
12. Nicotine gum market: Porter’s analysis
13. Nicotine gum market: PESTEL analysis
14. Nicotine gum market: Type share (%) analysis, 2023 & 2030
15. Nicotine gum market: Distribution channel share (%) analysis, 2023 & 2030
16. Nicotine gum market: Regional share (%) analysis, 2023 & 2030
Companies Mentioned
- Johnson & Johnson
- Novartis AG
- ITC Limited
- Cipla Health Limited
- Perrigo Company Plc.
- Teva Canada
- Philip Morris
- British American Tobacco PLC
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 110 |
| Published | March 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.3 Billion |
| Forecasted Market Value ( USD | $ 2 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
