openPR Logo
Press release

Smoking Cessation and Nicotine De-Addiction Products Market to Surpass US$ 46.0 Billion by 2024

10-11-2017 04:41 PM CET | Health & Medicine

Press release from: Pharmaceutical Report By CMI

Smoking Cessation and Nicotine De-Addiction Products Market

As the name suggests, smoking cessation and nicotine de-addiction products help smokers and other tobacco users overcome their addiction. Smoking cessation products and nicotine de-addiction products work in the form of gap fillers or as urge controllers to the actual nicotine and tobacco, which does relatively less harm to the body and helps diminish the powerful urge for smoking or consuming other tobacco products. Such products are in the form of chewable gums, lozenges, patches and e-cigarettes. E-cigarettes are the latest innovation, which can potentially replace cigarettes and favor the growth in smoking cessation and nicotine de-addiction products market over the forecast period (2016–2024). According to Centers for Disease Control and Prevention National Center for Chronic Disease Prevention and Health Promotion Office on Smoking and Health, in 2016, the use of e-cigarette grew by around 900% from 2011 to 2015 among high school students. E-cigarettes are commonly used product form of tobacco among youth in the U.S., surpassing conventional tobacco products such as cigarettes, chewing tobacco, cigars, and hookahs.

Request a sample copy of this report: http://bit.ly/2yazz1b

Rise in depression and anxiety among the population globally is one of the major factors expected to favor market growth for smoking cessation and nicotine de-addiction products. Rising trend among teenagers for taking up smoking products and e-cigarettes due to increasing peer pressure are further favoring growth of the global smoking cessation and nicotine de-addiction products market. The market is estimated to witness considerable revenue traction over the forecast period, due to increasing lifestyle changes and government initiatives promoting smoking cessation and nicotine de-addiction products in Asia and European countries is in turn expected to support growth of the smoking cessation and nicotine de-addiction products market in the near future. According to Ministry of Health & Family Welfare (MoHFW), Government of India, every March 9, is celebrated as national no-smoking day, which in turn is expected to favor increase in awareness about smoking cessation and nicotine de-addiction products among the population. This is expected to favor growth of the smoking cessation and nicotine de-addiction products market over the forecast period

E-cigarettes: An emerging segment in the smoking cessation and nicotine de-addiction products market

E-cigarette is an electronic nicotine delivery system (ENDS) that is regulated by FDA. E-cigarettes are effective in reducing tobacco related health conditions, while NRTs work best for smoking cessation. E-cigarettes are a potential threat to tobacco based cigarettes, at the same time an opportunity for tobacco manufacturers to enter the new emerging segment catering to the smoking population. Companies such as BAT, Lorillard, Japan Tobacco International, and Philip Morris International (PMI) collaborated with/acquired smaller firms who developed e-cigarettes. This provides major companies in the cigarettes market to compensate for their on-going downward sales of cigarettes. This would give a major boost to the overall smoking cessation and nicotine de-addiction products market. Furthermore, the consideration that e-cigarettes are less harmful than regular cigarettes, no smoke and thus no risk of passive smoking, allowed to use even in no-smoking places, varying nicotine levels and availability in various flavors are some of the major driving factors for e-cigarettes market.

High smoking rates and nicotine addiction

According to the World Health Organization (WHO), tobacco results in one premature death every six seconds globally. Moreover, in 2015, over 1.1 billion people smoked tobacco globally, with the rate increasing in Africa and Mediterranean Region. Also, tobacco smoking prevalence is the highest in Asia. Therefore, this could be a potential market for the manufacturers in the global smoking cessation and nicotine de-addiction products market. Nicotine being a major addictive component, is harmful to active and passive smokers. Furthermore, concerns regarding the uptake of e-cigarettes by non-smokers considering it as safe for smoking is deterring growth of e-cigarettes in unregulated markets such as India.

Click here to know more about this publish report: http://bit.ly/2yaRZkQ

Creating awareness about health impacts related to smoking to aid the growth of smoking cessation and nicotine de-addiction products market

Around 7 out of 10 of smokers in the U.S. reported the desire to quit smoking in 2015, as per results of a study by the Centers for Disease Control and Prevention (CDC). However, lack of motivation, support, and also proper therapy guidance is hindering uptake of smoking cessation and nicotine de-addiction products. Furthermore, use of e-cigarettes in unregulated markets such as India and Africa is under surveillance by regulatory authorities. The WHO has expressed concern over the sale of e-cigarettes in India openly through online marketplace and has advised companies to include health warnings when marketing the product, unless substantial evidences confirming its safety are found.

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smoking Cessation and Nicotine De-Addiction Products Market to Surpass US$ 46.0 Billion by 2024 here

News-ID: 768617 • Views: 584

More Releases from Pharmaceutical Report By CMI

Rising prevalence of diabetes is a major factor driving growth of the diabetic f …
Diabetic foot ulcers is a common condition in diabetic patients. It is a disabling disorder, which might lead to amputation of the leg. Mortality due to diabetic foot ulcers is high and chances of recurrence of cured foot ulcers is also high and this in turn leads to increasing demand for proper treatment of diabetic foot ulcers. Diabetic foot ulcer is caused due to neuropathic and vascular changes in the
Glucagon-Like Peptide-1 (Glp-1) Analogs Market Global Industry Insights, Trends, …
Glucagon-like peptide-1 (GLP-1) analogs also known as incretin mimetics are class of drugs indicated for type-2 diabetes mellitus to lower the blood sugar level. GLP-1 analogs prevents the breakdown of GLP-1, thereby enhancing the glucose depended insulin release, suppresses the glucagon release (which reduces hepatic glucose output), and reduces gastric emptying rate (resulting in weight loss from reduced appetite). GLP-1 analogs do not cause hypoglycemia like other class of anti-diabetic
Multiple Sclerosis Therapeutics Market to Surpass US$ 24.4 Billion by 2025
Increasing prevalence of multiple sclerosis to augment market growth Multiple sclerosis is a widespread disabling neurological condition, mostly diagnosed in people in the age group 20–50 years. According to the Multiple Sclerosis Foundation, 2017, this autoimmune condition affects 2.5 million people with the global incidence of around 7 cases per 100,000 people per year. The study also states that prevalence rates varies between ethnic and geographical latitudes, ranging from 50 to
Diabetic Foot Ulcers Treatment Market to Surpass US$ 9.49 Billion Threshold by 2 …
Diabetic foot ulcers is a common condition in diabetic patients. It is a disabling disorder, which might lead to amputation of the leg. Mortality due to diabetic foot ulcers is high and chances of recurrence of cured foot ulcers is also high and this in turn leads to increasing demand for proper treatment of diabetic foot ulcers. Diabetic foot ulcer is caused due to neuropathic and vascular changes in the

All 5 Releases


More Releases for Smoking

2018 Smoking Tobacco Analysis in France
ResearchMoz presents Professional and In-depth Study of "Smoking Tobacco in France, 2018" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' That Provides Extensive And Highly Detailed current and future market trends in the French market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects and forecasts
Stop Smoking
Quit smoking suggestions like these to assist you stop smoking have already been about for years. Some of the ideas you will read beneath will connect with you - other people may not. And that's fine. Take a scan by means of them - if some thing clicks give it a try. This is just one of several articles to come, containing tricks to help you quit smoking so come back
American Smoking Tobacco Market: 2017-2025
ReportsWeb.com published “Smoking Tobacco” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. "Smoking Tobacco in the US, 2017" is an analytical report by Publisher that provides extensive and highly detailed current and future market trends in the American tobacco market. It covers market size and structure along with
Smoking Tobacco in Sweden, 2016
ReportsWorldwide has announced the addition of a new report title Smoking Tobacco in Sweden, 2016 to its growing collection of premium market research reports. "Smoking Tobacco in Sweden, 2016" is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Swedish market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing,
Another smoking drawback .... it harms pets too
Pet owners who love a puff are putting their animals at significant risk due to the effects of passive smoke, according to vetshopaustralia. VetshopAustralia.com.au managing director, Mark Perissinotto, said second hand smoke was as dangerous for cats and dogs as it was for humans, providing an even greater incentive to stamp out the habit. “Research by institutions including Tuft College of Veterinary Medicine and Oklahoma State University have shown that
Morningside Pharmacy Supports National No Smoking Day
Leicester, United Kingdom (Month XX, 2011) - Morningside Pharmacy, a registered UK pharmacy providing medical and cosmetic products, encourage their customers to give up smoking on National No Smoking Day on the 9th March 2011. Morningside Pharmacy is an online chemist that can provide customers with a range of private or NHS medical prescriptions and cosmetic products. Due to their dedication to customer service, Morningside Pharmacy aim to provide their customers