Nicotine gum is a smoking cessation product that contains nicotine to help reduce cravings and withdrawal symptoms experienced when trying to quit smoking. Nicotine gum works by releasing nicotine into the bloodstream through the lining of the mouth when chewed. This provides smokers with nicotine satisfaction without smoke inhalation. Nicotine gum offers a safer alternative to cigarettes and helps smokers adapt to not smoking. Key product features include various nicotine strengths to gradually wean smokers off nicotine dependence as they quit smoking.

Global Nicotine Gum Market is estimated to be valued at USD 1.90 Bn in 2024 and is expected to reach USD 3.10 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

Key Takeaways

Key players operating in the nicotine gum market are GlaxoSmithKline plc, Johnson & Johnson, Novartis Consumer Health, ITC Limited, Cipla Health Limited, Perrigo Company Plc, Fertin Pharma, Alchem International, Revolymer, British American Tobacco Plc, Philips Morris International Inc

Nicotine Gum Market Demand has been growing significantly owing to the rising awareness about health risks of smoking and benefits of nicotine replacement therapy products in quitting smoking. Furthermore, initiatives by governments and health organizations to promote smoking cessation have also contributed to market growth.

Geographically, North America dominated the global nicotine gum market due to stringent regulations on tobacco. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by positive government initiatives and improving healthcare infrastructure in populous countries such as India and China.

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