Press release
Global Nicotine Gum Market to Witness a Pronounce Growth During 2023
Nicotine gum is a smoking cessation product that helps smokers to slowly overcome nicotine addiction. Nicotine is released by chewing the gum and is absorbed into the blood stream through the lining of the mouth, which helps smokers to slowly reduce their craving for nicotine. It is one of nicotine replacement therapies (NRT’s) and it is an over-the-counter medication.
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Global Nicotine Gum Market: Forecast by Type / Application / Region
The nicotine gum is available in various dosages and can be consumed according to the level of addiction.
Nicotine gum downstream is smokers. In recent years, the main consumption areas are US and Europe. There are about 1.3 billion smokers in global. Increasing more and more people quit smoking is expected to drive the demand for the nicotine gum market.
The industry is affected by the economy and policy, so it’s important to put an eye to economy indexes and lesder’s prefer. With the global economic recovery, more and more people pay attention to health, especially in developed regions.
Nicotine gum sales increase in developed markets, like those in Western Europe, where quit smoking rates is increasing and where tobacco company operations are more restricted by government policies, compared to emerging markets.
Over the next five years, LPI(LP Information) projects that Nicotine Gum will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Nicotine Gum Market: Key Players
Pharmacia(Pfizer)
Novartis
Perrigo Company
Fertin Pharma
Revolymer
Johnson & Johnson
Cambrex Corporation
GlaxoSmithKline(GSK )
Reynolds American
Alchem International
Dr. Reddy's Laboratories
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Related Information:
United States Nicotine Gum Market Research Report 2018
Europe Nicotine Gum Market Research Report 2018
North America Nicotine Gum Market Research Report 2018
Asia-Pacific Nicotine Gum Market Research Report 2018
China Nicotine Gum Market Research Report 2018
EMEA Nicotine Gum Market Research Report 2018
Global Nicotine Gum Market Research Report 2018
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