Nicotine Gum Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.53 Billion |
| Market Size (2029) | USD 1.86 Billion |
| CAGR (2024 - 2029) | 4.11 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Nicotine Gum Market Analysis
The Nicotine Gum Market size is estimated at USD 1.53 billion in 2024, and is expected to reach USD 1.86 billion by 2029, growing at a CAGR of 4.11% during the forecast period (2024-2029).
Nicotine gum, an FDA-approved medication containing nicotine polacrilex as its active ingredient, is utilized to aid individuals in quitting smoking. The market for nicotine gum is influenced by several factors, such as the increasing preference for smoking cessation aids, government efforts to regulate tobacco consumption, and the growing number of smoking-related deaths. For instance, the UK government's goal to achieve a smoke-free status by 2030 has resulted in substantial investments in stop-smoking services and other initiatives designed to assist individuals in quitting smoking.
The global demand for nicotine replacement therapy (NRT) products, like nicotine gum, has been on the rise in recent years as more individuals seek ways to quit smoking and minimize their contact with the harmful substances present in tobacco smoke. Current trends in the global NRT market involve the creation of more user-friendly and efficient NRT products, such as extended-release gums, and the increasing preference for flavored choices. Additionally, the significant number of deaths attributed to smoking has driven manufacturers to create new products that minimize tobacco-related harm, thereby propelling market expansion. According to the World Health Organization (WHO), the projected number of tobacco smokers across the African, American, European, and South East Asian regions will be 62 million, 118 million, 168 million, and 418 million, respectively, by 2025. Such factors drive the demand for nicotine gums globally.
Nicotine Gum Market Trends
Trend of Innovative Formulations in 2 mg Nicotine Gum Driving People to Quit Smoking
A notable trend in the 2 mg nicotine gums segment has been the development of innovative formulations aimed at individuals who wish to quit smoking. Companies are investing in research and development to create nicotine gums with improved formulations. This involves exploring new methods of nicotine delivery to enhance effectiveness. Moreover, efforts are being made to enhance the taste and texture of nicotine gums, addressing one of the most common complaints of users. According to an article published by Keck School of Medicine of USC in 2022, flavored nicotine gums rank second among nicotine products used by US teens.
Furthermore, by incorporating new flavors, sweeteners, and coating technologies, manufacturers aim to make 2 mg nicotine gums more palatable and enjoyable to use, thus increasing compliance and success rates among users. Perrigo Nicotine Polacrilex Gum 2 mg is a stop-smoking aid that contains nicotine polacrilex, which is equal to 2 mg of nicotine. It is used as part of Nicotine Replacement Therapy (NRT) to help people quit smoking by reducing withdrawal symptoms like nicotine cravings. These advancements focus on improving the delivery of nicotine, making it more consistent and long-lasting to better aid in nicotine withdrawal. This trend also involves exploring additional ingredients, such as herbal extracts or vitamins, to provide supplementary benefits beyond nicotine replacement, thus contributing to more effective smoking cessation efforts. Additionally, the availability of various flavors has contributed to the success of nicotine gum. Nicotine gum comes in a wide range of flavors, including mint, fruit, and cinnamon, to make quitting smoking easier without sacrificing flavor. Because of this, the popularity of nicotine gum has risen among smokers, driving market growth.
North America Holds a Significant Share in the Market
In the United States, tobacco use is the leading cause of preventable disease, disability, and death. Cigarettes are the most commonly used tobacco products, with a 12.5% share, followed by e-cigarettes (3.7%). Due to this, there has been a surge in the percentage of health-conscious consumers supported by government initiatives and campaigns driving market growth in the region. Government bodies across the country endorse comprehensive approaches to decrease tobacco usage, encompassing various tactics such as prohibiting cigarette promotion and advertising. For instance, the United States Food and Drug Administration has approved seven smoking-cessation medications, including nicotine replacement therapy (gum, patch, or lozenge) in recent years. By implementing measures to combat smuggling and gradually increasing tobacco taxes, it is possible to curb smoking in workplaces and other public spaces. Additionally, the implementation of impactful health warnings on tobacco products, adherence to tobacco regulations and standards, provision of smoking cessation assistance, and the promotion of anti-smoking campaigns are all examples of such measures that have prompted consumers to actively seek alternatives to reduce their tobacco consumption, thereby fueling the growth of the market.
The growing awareness regarding health hazards associated with smoking has resulted in a rise in the number of people trying to quit smoking across North America. According to Health Canada (Canadian Tobacco and Nicotine Survey), the percentage of Canadians who used select methods to quit or attempt to quit smoking using nicotine replacement products in the last 12 months as of 2022 was 26.3%. Such factors drive the demand for nicotine gums in the market. Moreover, the region has major brands focusing on product innovations to cater to the growing demand and achieve a competitive advantage in the market. Such factors are anticipated to drive market growth during the study period.
Nicotine Gum Industry Overview
The market for nicotine gum is highly competitive, with numerous global, regional, and private-label companies vying for a significant market share. Key players in the market include British American Tobacco PLC, Haleon Group of Companies, Johnson & Johnson, Perrigo Company PLC, Novartis AG, GlaxoSmithKline PLC, ITC Limited, Cipla Health Limited, Alchem International Pvt. Limited, and Philip Morris International Inc. Key market players are focused on expanding their product portfolios and offering unique products, such as sugar-free gums, to differentiate themselves from the competition and meet the increasing demand for nicotine gum. Manufacturers are also attempting to improve nicotine gum's taste, flavors, and functionality and are promoting their products through various marketing campaigns to gain a competitive edge.
Nicotine Gum Market Leaders
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Johnson & Johnson
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Perrigo Company plc
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Philip Morris International Inc.
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British American Tobacco p.l.c.
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Novartis AG
*Disclaimer: Major Players sorted in no particular order
Nicotine Gum Market News
- April 2024: Philip Morris International launched Zyn, an oral pouch containing nicotine powder and flavorings like mint, coffee, and citrus. PMI's vision is to eventually replace cigarettes with smoke-free products like Zyn.
- March 2024: Philip Morris International Inc. announced the launch of IQOS ILUMA i, the latest and most innovative addition to its growing portfolio of smoke-free products for adults who would otherwise continue to smoke or use nicotine products.
- May 2023: Perrigo Company PLC, a leading provider of Consumer Self-Care Products, announced that it had received final approval from the US Food and Drug Administration for Nicotine Coated Mint Lozenges to be sold as 2 mg and 4 mg over-the-counter (OTC).
- March 2022: Johnson & Johnson's Nicorette and NicoDerm launched a digital ecosystem, a website to offer support for smokers on their quitting journey. The website has been equipped with various resources and tools, including education, motivation, and support, to make quitting smoking easier. The company designed this new strategy as part of a portfolio of nicotine replacement therapy (NRT) solutions to combine various options to help smokers quit.
Nicotine Gum Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Growing Awareness of the Harms of Smoking Driving NRT (Nicotine Replacement Therapy)
4.1.2 Innovation in Nicotine Formulations Drive Growth
4.2 Market Restraints
4.2.1 Regulatory Concerns on Nicotine Consumption Restricting Growth
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 2 mg Nicotine Gum
5.1.2 4 mg Nicotine Gum
5.2 Distribution Channels
5.2.1 Supermarkets/Hypermarkets
5.2.2 Convenience Stores/Tobacco Stores
5.2.3 Online Retail Stores
5.2.4 Other Distribution Channels
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Spain
5.3.2.2 United Kingdom
5.3.2.3 Germany
5.3.2.4 France
5.3.2.5 Italy
5.3.2.6 Russia
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 South Africa
5.3.5.2 United Arab Emirates
5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 British American Tobacco
6.3.2 Haleon Group of Companies
6.3.3 ITC Limited
6.3.4 Johnson & Johnson
6.3.5 Perrigo Company PLC
6.3.6 Philip Morris International Inc.
6.3.7 Alchem International Pvt. Limited
6.3.8 Cipla Limited
6.3.9 GlaxoSmithKline PLC
6.3.10 Novartis AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Nicotine Gum Industry Segmentation
Nicotine gum is a chewing gum that contains nicotine and is used to help people stop smoking. The Nicotine gum market is segmented by type, distribution channel, and geography. By type, the market is segmented into 2 mg nicotine gum and 4 mg nicotine gum. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores/tobacco stores, online retail stores, and other distribution channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (USD).
| Type | |
| 2 mg Nicotine Gum | |
| 4 mg Nicotine Gum |
| Distribution Channels | |
| Supermarkets/Hypermarkets | |
| Convenience Stores/Tobacco Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| Geography | |||||||||
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Nicotine Gum Market Research FAQs
How big is the Nicotine Gum Market?
The Nicotine Gum Market size is expected to reach USD 1.53 billion in 2024 and grow at a CAGR of 4.11% to reach USD 1.86 billion by 2029.
What is the current Nicotine Gum Market size?
In 2024, the Nicotine Gum Market size is expected to reach USD 1.53 billion.
Who are the key players in Nicotine Gum Market?
Johnson & Johnson, Perrigo Company plc, Philip Morris International Inc., British American Tobacco p.l.c. and Novartis AG are the major companies operating in the Nicotine Gum Market.
Which is the fastest growing region in Nicotine Gum Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Nicotine Gum Market?
In 2024, the Asia Pacific accounts for the largest market share in Nicotine Gum Market.
What years does this Nicotine Gum Market cover, and what was the market size in 2023?
In 2023, the Nicotine Gum Market size was estimated at USD 1.47 billion. The report covers the Nicotine Gum Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nicotine Gum Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Nicotine Gum Industry Report
Statistics for the 2024 Nicotine Gum market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Nicotine Gum analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
