The tobacco alternative gums market size has grown strongly in recent years. It will grow from $2.69 billion in 2023 to $2.89 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth observed in the historic period can be attributed to several factors, including heightened awareness of health risks associated with smoking, stringent government regulations, initiatives aimed at smoking cessation, advancements in gum technology, expansion of the smoking cessation market, and increasing consumer demand for alternative products.
The tobacco alternative gums market size is expected to see strong growth in the next few years. It will grow to $3.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be attributed to increasing health awareness, innovations in product formulations, expanding market for smoking cessation products, changing consumer preferences, and evolving regulatory environments. Key trends expected during this period include enhanced delivery systems through technological advancements, integration with digital tools and applications, a wider variety of flavors and natural ingredients, growing market size for smoking cessation products, supportive regulatory frameworks, and government policies.
The tobacco alternative gums market is poised for growth due to increasing awareness of the dangers of smoking. Smoking dangers encompass harmful health effects from inhaling tobacco smoke, and heightened awareness results from extensive public health campaigns, scientific research advancements, and stringent policy changes. These efforts collectively educate the public and reduce smoking rates. Tobacco alternative gums offer a nicotine-free substitute that helps mitigate cravings and withdrawal symptoms without the harmful effects of tobacco smoke. For instance, major tobacco producers reported an 8.8% reduction in cigarette sales in 2022 compared to 2021, according to the Federal Trade Commission, highlighting the trend driving growth in the tobacco alternative gums market.
Leading companies in the tobacco alternative gums market are pursuing strategic partnerships to enhance product innovation and expand market reach. Strategic partnerships involve collaborative relationships where organizations pool resources, expertise, and efforts to achieve shared goals. For example, Ryze, a nicotine gum brand by Fertin Pharma, partnered with 100Days.co, a digital commerce specialist in India, in May 2024 to launch and grow its presence in India. Ryze aims to promote healthier lifestyles by offering nicotine gums in flavors tailored to the Indian market, including mint, fruit, saunf, pudina, and paan, supporting smokers in quitting and improving their well-being.
In September 2021, Philip Morris International Inc., a Switzerland-based provider of tobacco and nicotine products, acquired Fertin Pharma for $820 million. This acquisition enhances PMI's capabilities in developing advanced nicotine and pharmaceutical delivery systems, expands its product portfolio with innovative smoke-free alternatives, and strengthens its position in the reduced-risk products market. Fertin Pharma, based in Denmark, specializes in manufacturing nicotine chewing gum as a tobacco alternative.
Major companies operating in the tobacco alternative gums market are CVS Health Corporation, The Kroger Co., Walgreens Boots Alliance Inc., Pfizer Inc., Johnson & Johnson, Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Philip Morris International Inc, Rite Aid Corporation, Meijer Inc, Reynolds American Incorporated, Perrigo Company plc, Perfetti Van Melle, Dr Reddy's Laboratories Ltd, Cipla Inc, Cambrex Corporation, Fertin Pharma A/S, Alchem International Pvt Ltd, CBD Chewing Gum UK, Jakes Mint Chew, Lucy Goods, Per Os Biosciences LLC, Smokey Mountain Chew Inc, Just Chew LLC.
North America was the largest region in the tobacco alternative gums market in 2023. The regions covered in the tobacco alternative gums market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the tobacco alternative gums market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tobacco alternative gums are chewing gums designed to serve as substitutes for traditional tobacco products such as cigarettes and smokeless tobacco. These gums typically incorporate nicotine or other active ingredients aimed at mitigating the urge to smoke or chew tobacco. Their primary purpose is to aid in smoking cessation efforts or offer a less harmful option compared to tobacco use.
The main varieties of tobacco alternative gums include 2 mg, 4 mg, and others. Gums with 2 mg nicotine content contain 2 milligrams of nicotine per piece and are intended to assist light smokers in reducing or quitting smoking by managing withdrawal symptoms and cravings. These gums are available in various deployment types such as nicotine gums, herbal gums, and others, and are distributed through pharmacies, chemist outlets, supermarkets, hypermarkets, convenience stores, and online retailers.
The tobacco alternative gums market research report is one of a series of new reports that provides tobacco alternative gums market statistics, including tobacco alternative gums industry global market size, regional shares, competitors with an tobacco alternative gums market share, detailed tobacco alternative gums market segments, market trends and opportunities, and any further data you may need to thrive in the tobacco alternative gums industry. This tobacco alternative gums market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The tobacco alternative gums market also includes sales of caffeine gum, xylitol gum, ginseng gum, vitamin-infused gum, mint-flavored gum, green tea gum, and licorice gum. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The tobacco alternative gums market size is expected to see strong growth in the next few years. It will grow to $3.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be attributed to increasing health awareness, innovations in product formulations, expanding market for smoking cessation products, changing consumer preferences, and evolving regulatory environments. Key trends expected during this period include enhanced delivery systems through technological advancements, integration with digital tools and applications, a wider variety of flavors and natural ingredients, growing market size for smoking cessation products, supportive regulatory frameworks, and government policies.
The tobacco alternative gums market is poised for growth due to increasing awareness of the dangers of smoking. Smoking dangers encompass harmful health effects from inhaling tobacco smoke, and heightened awareness results from extensive public health campaigns, scientific research advancements, and stringent policy changes. These efforts collectively educate the public and reduce smoking rates. Tobacco alternative gums offer a nicotine-free substitute that helps mitigate cravings and withdrawal symptoms without the harmful effects of tobacco smoke. For instance, major tobacco producers reported an 8.8% reduction in cigarette sales in 2022 compared to 2021, according to the Federal Trade Commission, highlighting the trend driving growth in the tobacco alternative gums market.
Leading companies in the tobacco alternative gums market are pursuing strategic partnerships to enhance product innovation and expand market reach. Strategic partnerships involve collaborative relationships where organizations pool resources, expertise, and efforts to achieve shared goals. For example, Ryze, a nicotine gum brand by Fertin Pharma, partnered with 100Days.co, a digital commerce specialist in India, in May 2024 to launch and grow its presence in India. Ryze aims to promote healthier lifestyles by offering nicotine gums in flavors tailored to the Indian market, including mint, fruit, saunf, pudina, and paan, supporting smokers in quitting and improving their well-being.
In September 2021, Philip Morris International Inc., a Switzerland-based provider of tobacco and nicotine products, acquired Fertin Pharma for $820 million. This acquisition enhances PMI's capabilities in developing advanced nicotine and pharmaceutical delivery systems, expands its product portfolio with innovative smoke-free alternatives, and strengthens its position in the reduced-risk products market. Fertin Pharma, based in Denmark, specializes in manufacturing nicotine chewing gum as a tobacco alternative.
Major companies operating in the tobacco alternative gums market are CVS Health Corporation, The Kroger Co., Walgreens Boots Alliance Inc., Pfizer Inc., Johnson & Johnson, Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Philip Morris International Inc, Rite Aid Corporation, Meijer Inc, Reynolds American Incorporated, Perrigo Company plc, Perfetti Van Melle, Dr Reddy's Laboratories Ltd, Cipla Inc, Cambrex Corporation, Fertin Pharma A/S, Alchem International Pvt Ltd, CBD Chewing Gum UK, Jakes Mint Chew, Lucy Goods, Per Os Biosciences LLC, Smokey Mountain Chew Inc, Just Chew LLC.
North America was the largest region in the tobacco alternative gums market in 2023. The regions covered in the tobacco alternative gums market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the tobacco alternative gums market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tobacco alternative gums are chewing gums designed to serve as substitutes for traditional tobacco products such as cigarettes and smokeless tobacco. These gums typically incorporate nicotine or other active ingredients aimed at mitigating the urge to smoke or chew tobacco. Their primary purpose is to aid in smoking cessation efforts or offer a less harmful option compared to tobacco use.
The main varieties of tobacco alternative gums include 2 mg, 4 mg, and others. Gums with 2 mg nicotine content contain 2 milligrams of nicotine per piece and are intended to assist light smokers in reducing or quitting smoking by managing withdrawal symptoms and cravings. These gums are available in various deployment types such as nicotine gums, herbal gums, and others, and are distributed through pharmacies, chemist outlets, supermarkets, hypermarkets, convenience stores, and online retailers.
The tobacco alternative gums market research report is one of a series of new reports that provides tobacco alternative gums market statistics, including tobacco alternative gums industry global market size, regional shares, competitors with an tobacco alternative gums market share, detailed tobacco alternative gums market segments, market trends and opportunities, and any further data you may need to thrive in the tobacco alternative gums industry. This tobacco alternative gums market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The tobacco alternative gums market also includes sales of caffeine gum, xylitol gum, ginseng gum, vitamin-infused gum, mint-flavored gum, green tea gum, and licorice gum. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Tobacco Alternative Gums Market Characteristics3. Tobacco Alternative Gums Market Trends and Strategies2 Mg32. Global Tobacco Alternative Gums Market Competitive Benchmarking33. Global Tobacco Alternative Gums Market Competitive Dashboard34. Key Mergers and Acquisitions in the Tobacco Alternative Gums Market
4. Tobacco Alternative Gums Market - Macro Economic Scenario
5. Global Tobacco Alternative Gums Market Size and Growth
6. Tobacco Alternative Gums Market Segmentation
4 Mg
7. Tobacco Alternative Gums Market Regional and Country Analysis
8. Asia-Pacific Tobacco Alternative Gums Market
9. China Tobacco Alternative Gums Market
10. India Tobacco Alternative Gums Market
11. Japan Tobacco Alternative Gums Market
12. Australia Tobacco Alternative Gums Market
13. Indonesia Tobacco Alternative Gums Market
14. South Korea Tobacco Alternative Gums Market
15. Western Europe Tobacco Alternative Gums Market
16. UK Tobacco Alternative Gums Market
17. Germany Tobacco Alternative Gums Market
18. France Tobacco Alternative Gums Market
19. Italy Tobacco Alternative Gums Market
20. Spain Tobacco Alternative Gums Market
21. Eastern Europe Tobacco Alternative Gums Market
22. Russia Tobacco Alternative Gums Market
23. North America Tobacco Alternative Gums Market
24. USA Tobacco Alternative Gums Market
25. Canada Tobacco Alternative Gums Market
26. South America Tobacco Alternative Gums Market
27. Brazil Tobacco Alternative Gums Market
28. Middle East Tobacco Alternative Gums Market
29. Africa Tobacco Alternative Gums Market
30. Tobacco Alternative Gums Market Competitive Landscape and Company Profiles
31. Tobacco Alternative Gums Market Other Major and Innovative Companies
35. Tobacco Alternative Gums Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Tobacco Alternative Gums Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on tobacco alternative gums market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for tobacco alternative gums ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The tobacco alternative gums market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: 2 Mg; 4 Mg; Other Types2) By Deployment: Nicotine Gums; Herbal Gums; Other Deployments
3) By Application: Pharmacies And Chemist Outlets; Supermarkets And Hypermarkets; Convenience Stores; Online Retailers
Key Companies Mentioned: CVS Health Corporation; The Kroger Co.; Walgreens Boots Alliance Inc.; Pfizer Inc.; Johnson & Johnson
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.89 Billion |
Forecasted Market Value ( USD | $ 3.87 Billion |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |