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Nicotine Gum Market Size, Share & Trends Analysis Report By Type (2 mg and 4 mg), By Distribution Channel (Pharmacies, Supermarkets & Hypermarkets, and Online Stores. By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 228 Pages
  • June 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5988742
The Global Nicotine Gum Market size is expected to reach $2.3 billion by 2031, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2023, the market attained a volume of 40.16 million units (100pcs. Per pack) experiencing a growth of 2.2% (2020-2023).

Several governments in the Asia Pacific are putting stronger tobacco control laws and regulations into effect to lower smoking rates. Policies supporting smoking cessation programs and endorsing NRTs like nicotine gum further drive demand for these products among smokers looking to quit. Therefore, the Asia pacific region would acquire nearly 23% of the total market share by 2031. Also, the China market would consume 2.59 million units of these gums by 2031.



As people become more aware of the severe health risks linked to smoking, including cancer, heart disease, respiratory issues, and other chronic conditions, they are more motivated to quit. In addition, healthcare providers frequently recommend this gum as part of smoking cessation programs. In conclusion, increasing awareness of health risks drives the market's growth. Additionally, Due expanding distribution channels, this becomes more accessible to a broader population of smokers seeking cessation aids. Due expanding distribution channels, this gum becomes more accessible to a broader population of smokers seeking cessation aids. In conclusion, expanding the distribution channels is driving the market's growth.

However, Heavy smokers typically have a higher level of nicotine dependence, which means they require a larger amount of nicotine to satisfy their cravings and avoid withdrawal symptoms. In addition, to compensate for the lower nicotine dose, heavy smokers may need to use nicotine gum more frequently. Thus, limited effectiveness for heavy smokers is hindering the growth of the market.

Driving and Restraining Factors

Drivers
  • Increasing awareness of health risks from smoking
  • Expansion of the distribution channels
  • Increasing prevalence of illness related smoking
Restraints
  • Limited effectiveness for heavy smokers
  • Side effects and tolerability issues
Opportunities
  • Consumer preference for non-invasive therapies
  • Increasing government initiatives and regulations
Challenges
  • Alternative smoking cessation aids
  • Variability in nicotine absorption

Distribution Channel Outlook

On the basis of distribution channel, the market is segmented into supermarkets & hypermarkets, pharmacies, and online stores. In 2023, the supermarkets and hypermarkets segment attained 32% revenue share in the nicotine gum market. Supermarkets and hypermarkets typically stock diverse nicotine gum brands, flavors, and strengths, catering to various consumer preferences and smoking cessation needs. This variety allows consumers to compare products and choose options that best suit their nicotine dependence level and taste preferences.



Type Outlook

Based on type, the market is divided into 2mg and 4mg. The 4mg segment attained 44% significant revenue share in the nicotine gum market in 2023. The segment recorded a volume of 16.66 million units in 2023. Individuals who smoke heavily or are highly dependent on nicotine often require higher doses to manage cravings and withdrawal symptoms effectively.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed 42% revenue share in the nicotine gum market in 2023. Historically, North America has had relatively high smoking rates compared to other regions. The prevalence of smoking has led to a significant market for smoking cessation products like nicotine gum, which helps individuals manage nicotine cravings and reduce tobacco consumption.

List of Key Companies Profiled

  • Johnson & Johnson
  • Novartis AG
  • ITC Limited
  • Cipla Limited
  • Perrigo Company PLC
  • Philip Morris International, Inc.
  • ALCHEM INTERNATIONAL PVT. LTD.
  • Alkalon A/S

Market Report Segmentation

By Type (Volume, thousand units (100pcs. Per pack), USD Billion, 2020-2031)
  • 2 mg
  • 4 mg
By Distribution Channel (Volume, thousand units (100pcs. Per pack), USD Billion, 2020-2031)
  • Pharmacies
  • Supermarkets & Hypermarkets
  • Online Stores
By Geography (Volume, thousand units (100pcs. Per pack), USD Billion, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Nicotine Gum Market, by Type
1.4.2 Global Nicotine Gum Market, by Distribution Channel
1.4.3 Global Nicotine Gum Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Nicotine Gum Market by Type
4.1 Global 2 mg Market by Region
4.2 Global 4 mg Market by Region
Chapter 5. Global Nicotine Gum Market by Distribution Channel
5.1 Global Pharmacies Market by Region
5.2 Global Supermarkets & Hypermarkets Market by Region
5.3 Global Online Stores Market by Region
Chapter 6. Global Nicotine Gum Market by Region
6.1 North America Nicotine Gum Market
6.1.1 North America Nicotine Gum Market by Type
6.1.1.1 North America 2 mg Market by Country
6.1.1.2 North America 4 mg Market by Country
6.1.2 North America Nicotine Gum Market by Distribution Channel
6.1.2.1 North America Pharmacies Market by Country
6.1.2.2 North America Supermarkets & Hypermarkets Market by Country
6.1.2.3 North America Online Stores Market by Country
6.1.3 North America Nicotine Gum Market by Country
6.1.3.1 US Nicotine Gum Market
6.1.3.1.1 US Nicotine Gum Market by Type
6.1.3.1.2 US Nicotine Gum Market by Distribution Channel
6.1.3.2 Canada Nicotine Gum Market
6.1.3.2.1 Canada Nicotine Gum Market by Type
6.1.3.2.2 Canada Nicotine Gum Market by Distribution Channel
6.1.3.3 Mexico Nicotine Gum Market
6.1.3.3.1 Mexico Nicotine Gum Market by Type
6.1.3.3.2 Mexico Nicotine Gum Market by Distribution Channel
6.1.3.4 Rest of North America Nicotine Gum Market
6.1.3.4.1 Rest of North America Nicotine Gum Market by Type
6.1.3.4.2 Rest of North America Nicotine Gum Market by Distribution Channel
6.2 Europe Nicotine Gum Market
6.2.1 Europe Nicotine Gum Market by Type
6.2.1.1 Europe 2 mg Market by Country
6.2.1.2 Europe 4 mg Market by Country
6.2.2 Europe Nicotine Gum Market by Distribution Channel
6.2.2.1 Europe Pharmacies Market by Country
6.2.2.2 Europe Supermarkets & Hypermarkets Market by Country
6.2.2.3 Europe Online Stores Market by Country
6.2.3 Europe Nicotine Gum Market by Country
6.2.3.1 Germany Nicotine Gum Market
6.2.3.1.1 Germany Nicotine Gum Market by Type
6.2.3.1.2 Germany Nicotine Gum Market by Distribution Channel
6.2.3.2 UK Nicotine Gum Market
6.2.3.2.1 UK Nicotine Gum Market by Type
6.2.3.2.2 UK Nicotine Gum Market by Distribution Channel
6.2.3.3 France Nicotine Gum Market
6.2.3.3.1 France Nicotine Gum Market by Type
6.2.3.3.2 France Nicotine Gum Market by Distribution Channel
6.2.3.4 Russia Nicotine Gum Market
6.2.3.4.1 Russia Nicotine Gum Market by Type
6.2.3.4.2 Russia Nicotine Gum Market by Distribution Channel
6.2.3.5 Spain Nicotine Gum Market
6.2.3.5.1 Spain Nicotine Gum Market by Type
6.2.3.5.2 Spain Nicotine Gum Market by Distribution Channel
6.2.3.6 Italy Nicotine Gum Market
6.2.3.6.1 Italy Nicotine Gum Market by Type
6.2.3.6.2 Italy Nicotine Gum Market by Distribution Channel
6.2.3.7 Rest of Europe Nicotine Gum Market
6.2.3.7.1 Rest of Europe Nicotine Gum Market by Type
6.2.3.7.2 Rest of Europe Nicotine Gum Market by Distribution Channel
6.3 Asia Pacific Nicotine Gum Market
6.3.1 Asia Pacific Nicotine Gum Market by Type
6.3.1.1 Asia Pacific 2 mg Market by Country
6.3.1.2 Asia Pacific 4 mg Market by Country
6.3.2 Asia Pacific Nicotine Gum Market by Distribution Channel
6.3.2.1 Asia Pacific Pharmacies Market by Country
6.3.2.2 Asia Pacific Supermarkets & Hypermarkets Market by Country
6.3.2.3 Asia Pacific Online Stores Market by Country
6.3.3 Asia Pacific Nicotine Gum Market by Country
6.3.3.1 China Nicotine Gum Market
6.3.3.1.1 China Nicotine Gum Market by Type
6.3.3.1.2 China Nicotine Gum Market by Distribution Channel
6.3.3.2 Japan Nicotine Gum Market
6.3.3.2.1 Japan Nicotine Gum Market by Type
6.3.3.2.2 Japan Nicotine Gum Market by Distribution Channel
6.3.3.3 India Nicotine Gum Market
6.3.3.3.1 India Nicotine Gum Market by Type
6.3.3.3.2 India Nicotine Gum Market by Distribution Channel
6.3.3.4 South Korea Nicotine Gum Market
6.3.3.4.1 South Korea Nicotine Gum Market by Type
6.3.3.4.2 South Korea Nicotine Gum Market by Distribution Channel
6.3.3.5 Singapore Nicotine Gum Market
6.3.3.5.1 Singapore Nicotine Gum Market by Type
6.3.3.5.2 Singapore Nicotine Gum Market by Distribution Channel
6.3.3.6 Malaysia Nicotine Gum Market
6.3.3.6.1 Malaysia Nicotine Gum Market by Type
6.3.3.6.2 Malaysia Nicotine Gum Market by Distribution Channel
6.3.3.7 Rest of Asia Pacific Nicotine Gum Market
6.3.3.7.1 Rest of Asia Pacific Nicotine Gum Market by Type
6.3.3.7.2 Rest of Asia Pacific Nicotine Gum Market by Distribution Channel
6.4 LAMEA Nicotine Gum Market
6.4.1 LAMEA Nicotine Gum Market by Type
6.4.1.1 LAMEA 2 mg Market by Country
6.4.1.2 LAMEA 4 mg Market by Country
6.4.2 LAMEA Nicotine Gum Market by Distribution Channel
6.4.2.1 LAMEA Pharmacies Market by Country
6.4.2.2 LAMEA Supermarkets & Hypermarkets Market by Country
6.4.2.3 LAMEA Online Stores Market by Country
6.4.3 LAMEA Nicotine Gum Market by Country
6.4.3.1 Brazil Nicotine Gum Market
6.4.3.1.1 Brazil Nicotine Gum Market by Type
6.4.3.1.2 Brazil Nicotine Gum Market by Distribution Channel
6.4.3.2 Argentina Nicotine Gum Market
6.4.3.2.1 Argentina Nicotine Gum Market by Type
6.4.3.2.2 Argentina Nicotine Gum Market by Distribution Channel
6.4.3.3 UAE Nicotine Gum Market
6.4.3.3.1 UAE Nicotine Gum Market by Type
6.4.3.3.2 UAE Nicotine Gum Market by Distribution Channel
6.4.3.4 Saudi Arabia Nicotine Gum Market
6.4.3.4.1 Saudi Arabia Nicotine Gum Market by Type
6.4.3.4.2 Saudi Arabia Nicotine Gum Market by Distribution Channel
6.4.3.5 South Africa Nicotine Gum Market
6.4.3.5.1 South Africa Nicotine Gum Market by Type
6.4.3.5.2 South Africa Nicotine Gum Market by Distribution Channel
6.4.3.6 Nigeria Nicotine Gum Market
6.4.3.6.1 Nigeria Nicotine Gum Market by Type
6.4.3.6.2 Nigeria Nicotine Gum Market by Distribution Channel
6.4.3.7 Rest of LAMEA Nicotine Gum Market
6.4.3.7.1 Rest of LAMEA Nicotine Gum Market by Type
6.4.3.7.2 Rest of LAMEA Nicotine Gum Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Alkalon A/S
7.1.1 Company Overview
7.2 Alchem International Pvt. Ltd.
7.2.1 Company Overview
7.3 Johnson & Johnson
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental & Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Novartis AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 ITC Limited
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Cipla Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 SWOT Analysis
7.7 Perrigo Company PLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Philip Morris International Inc.
7.8.1 Company Overview
Chapter 8. Winning Imperatives for Nicotine Gum Market

Companies Mentioned

  • Johnson & Johnson
  • Novartis AG
  • ITC Limited
  • Cipla Limited
  • Perrigo Company PLC
  • Philip Morris International, Inc.
  • ALCHEM INTERNATIONAL PVT. LTD.
  • Alkalon A/S

Methodology

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