Global Nicotine Gum Market report from Global Insight Services is the single authoritative source of intelligence on Nicotine Gum Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Nicotine gum is a stop-smoking aid that contains nicotine. It is used to help people quit smoking by reducing cravings for cigarettes. Nicotine gum comes in different strengths, depending on how much nicotine you want to take in. It is available over the counter and by prescription.
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Key Trends
The key trends in nicotine gum technology are the development of new formulations that improve the delivery of nicotine and the development of new products that offer alternative dosing regimens.
New formulations of nicotine gum that improve the delivery of nicotine include those that are designed to dissolve more slowly and those that contain higher concentrations of nicotine. These new formulations are designed to provide a more steady and consistent release of nicotine, which can help to reduce cravings and withdrawal symptoms.
New products that offer alternative dosing regimens include patches, lozenges, and inhalers. These products provide a different way to deliver nicotine to the body and can be used to tailor the dose of nicotine to the individual’s needs.
Key Drivers
The key drivers of the nicotine gum market are the rising number of smokers globally and the need for a smoking cessation aid. Nicotine gum is a popular choice for people trying to quit smoking, as it provides a small dose of nicotine to help ease withdrawal symptoms. Nicotine gum is available over the counter and does not require a prescription.
Restraints & Challenges
The key restraints and challenges in the nicotine gum market are the lack of awareness about the product, the high cost of the product, and the stringent regulations regarding the sale and marketing of tobacco products.
Key Market Segments
The nicotine gum market bifurcated on the basis of dosage type, application, distribution channel and region. On the basis of dosage type, it is segmented into 2 mg, 4 mg, 6 mg, and others. On the basis of application, it is segmented into withdrawal clinics, medical practice, individual smokers, and others. By distribution channel, it is analyzed across hypermarkets & supermarkets, specialty stores, convenience stores, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The nicotine gum market report includes players such as British American Tobacco, GlaxoSmithKline plc, ITC Limited, Johnson & Johnson, Perrigo Company plc, Takeda Consumer Healthcare Company Limited, Fertin Pharma, Alchem International Pvt. Limited, Cipla Health Limited, and Dr Reddy’s Laboratories
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