• The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.”

    List of Key Players Profiled in the Nicotine Gum Market Report

    GlaxoSmithKline plc (U.K.)
    Johnson & Johnson (U.S.)
    Novartis Consumer Health (Germany)
    ITC Limited (India)
    Cipla Health Limited (India)
    Perrigo Company Plc (Ireland)
    Fertin Pharma (Denmark)
    Alchem International (India)
    Revolymer (U.K.)
    Driving Factors

    Anti-Smoking Campaign Promotions to Facilitate Market Progress

    Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth.

    However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years.

    Regional Insights

    Rising Number of Health Conscious Consumers to Propel Market Growth in North America

    North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally.

    In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand.

    In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth.

    Competitive Landscape

    Major Players Launch Novel Products to Reinforce Brand Presence

    The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position.

    Key Industry Development

    July 2021: Philip Morris International acquired Fertin Pharma, a developer and producer of well-being and pharmaceutical products based on intra-oral and oral delivery systems.

    Browse Summary of This Research Report:

    https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.” List of Key Players Profiled in the Nicotine Gum Market Report GlaxoSmithKline plc (U.K.) Johnson & Johnson (U.S.) Novartis Consumer Health (Germany) ITC Limited (India) Cipla Health Limited (India) Perrigo Company Plc (Ireland) Fertin Pharma (Denmark) Alchem International (India) Revolymer (U.K.) Driving Factors Anti-Smoking Campaign Promotions to Facilitate Market Progress Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth. However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years. Regional Insights Rising Number of Health Conscious Consumers to Propel Market Growth in North America North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally. In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand. In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth. Competitive Landscape Major Players Launch Novel Products to Reinforce Brand Presence The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position. Key Industry Development July 2021: Philip Morris International acquired Fertin Pharma, a developer and producer of well-being and pharmaceutical products based on intra-oral and oral delivery systems. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    Nicotine Gum Market Size, Share, Growth | Global Report [2029]
    The global nicotine gum market is projected to grow from $1.56 billion in 2022 to $2.17 billion by 2029, at a CAGR of 4.8% in forecast period, 2022-2029
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    Families In The UK Seek Access To A Breakthrough Medicine That Slows Brain Cancers Because "These Patients Do Not Have Time.” Two years ago, Shay Emerton was having a fantastic time while playing football for an old students’ school squad on a beautiful spring day. There were only ten minutes left in the game when his life was forever altered. Read More: https://thelifesciencesmagazine.com/breakthrough-brain-tumour-medicine/ #braincancer #cancer #braintumor #childhoodcancer #braincancerawareness #morethan #fuckcancer #gogold #kidsgetcancertoo #childhoodcancerawareness
    THELIFESCIENCESMAGAZINE.COM
    Families In The UK Seek Access To A Breakthrough Medicine That Slows Brain Cancers Because “These Patients Do Not Have Time.”
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    THELIFESCIENCESMAGAZINE.COM
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    Oncotame, formulated by Sino Vedic Cancer Research Centre, helps to control growth and spread of cancer in locally advanced and metastatic cancers without side effects.
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    After adjusting for lifestyle characteristics, researchers discovered that evening 'chronotype,' or staying up late and getting up late, was linked to a 19% higher risk of diabetes.

    Read More: https://thelifesciencesmagazine.com/night-owls-more-likely-to-get-diabetes/

    #diabetes #type #t #health #diabetic #diabetestype #diabetesawareness #stroke #diabetestipo #d #cancer #insulin #asamurat
    Are Night Owls More Likely To Get Diabetes? After adjusting for lifestyle characteristics, researchers discovered that evening 'chronotype,' or staying up late and getting up late, was linked to a 19% higher risk of diabetes. Read More: https://thelifesciencesmagazine.com/night-owls-more-likely-to-get-diabetes/ #diabetes #type #t #health #diabetic #diabetestype #diabetesawareness #stroke #diabetestipo #d #cancer #insulin #asamurat
    THELIFESCIENCESMAGAZINE.COM
    Are Night Owls More Likely To Get Diabetes?
    After adjusting for lifestyle characteristics, researchers discovered that evening 'chronotype,' or staying up late and getting up late, was linked to a 19% higher risk of diabetes.
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  • Zenonco.io provides the best cancer treatment in India by assisting patients navigate through their cancer journey, connecting them with verified cancer coaches, experienced cancer care experts and doctors. Our team at Zenonco.io is committed to increasing the chances of cure, manage side effects and symptoms by delivering the best quality products and services at your convenience.

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  • Breast Cancer Market Opportunity Statistics Assessment Till 2032
    The breast cancer market is segmented by product, diagnosis, treatment, and region. The product segment is further segmented into drugs, devices, and diagnostics. The drugs segment is the largest segment of the market, accounting for over 50% of the market share in 2021. This is due to the high demand for targeted therapies and hormonal therapies for the treatment of breast cancer.

    Global Breast Cancer Market size is expected to be worth around USD 49.2 Bn by 2032 from USD 19.8 Bn in 2022, growing at a CAGR of 9.8% during the forecast period from 2022 to 2032.
    https://market.us/report/breast-cancer-market/
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    MARKET.US
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    Global Breast Cancer Market size is expected to be worth around USD 49.2 Bn by 2032 at a CAGR of 9.8% For forecast from 2022 to 2032.
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