Global Nicotine Gum Market Research Report 2020
Nicotine gum is a smoking cessation product that helps smokers to slowly overcome nicotine addiction. Usually, it has two scales, such as 2 mg/piece of gum dosage and 4 mg/piece of gum dosage. 2 mg/piece of gum dosage is more usual than 4 mg/piece of gum dosage. In 2015, 2 mg/piece of gum dosage production took about 61.34% of global production.
With the improvement of people's awareness of smoking cessation, demand for nicotine gum is increasing. In 2011, global nicotine gum production was 5143.1 Million Pieces. While in 2015, it increased to 6425.1 Million Pieces with an average increase rate of 5.72% during 2011-2015.
Nicotine gum manufacturers are mainly concentrated in North America, EU and Asia. In 2015, North America nicotine gum production was about 2867.5 Million Pieces, which took about 44.63% of global production. EU and Asia separately took about 42.48% and 6.32% in 2015.
There are many manufacturers all over the world, such as Novartis, Perrigo Company, Pharmacia, Fertin Pharma, Revolymer, Johnson & Johnson, Alchem International, Cambrex Corporation, GlaxoSmithKline, Reynolds American and Dr. Reddy's Laboratories, etc. Most of them are famous medical company.
In the future, we predict that global nicotine gum production will increase. Threatened by E-cigarette, nicotine gum production growth rate will not be high. We suspect that global nicotine gum production will be 8062.9 Million Pieces by 2022, with an average increase rate of 3.30% from 2016 to 2022.
The global Nicotine Gum market is valued at 1390 million US$ in 2020 is expected to reach 1621.5 million US$ by the end of 2026, growing at a CAGR of 2.2% during 2021-2026.
This report focuses on Nicotine Gum volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Nicotine Gum market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Nicotine Gum market is segmented into
2 mg/piece of gum dosage
4 mg/piece of gum dosage
Segment by Application
Global Nicotine Gum Market: Regional Analysis
The Nicotine Gum market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Nicotine Gum market report are:
Middle East & Africa
Global Nicotine Gum Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Nicotine Gum market include:
Johnson & Johnson
Dr. Reddy's Laboratories
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.