Growing public awareness of the health risks of smoking, such as lung cancer, heart disease, and other respiratory disorders, has compelled the global market. Government-supported initiatives to raise awareness about the harmful effects of smoking through the use of information brochures, warning labels, discouraging imagery on cigarette packages, television ads and newspapers are also propelling the global smoking cessation and nicotine de-addiction market.
Global Smoking Cessation and Nicotine De Addiction Market Overview:
The Global Smoking Cessation and Nicotine De Addiction Market Research Report has conducted a thorough assessment of the present state, which includes definitions, classifications, applications, and the intricate structure of the industrial chain within the targeted sector. This study gives insights into the current market state, historical market performance, production and consumption rates, demand-supply dynamics, and revenue estimates for the projected term, all with unbiased and expert analysis. Notably, the report includes strategic aims and growth methods used by prominent players in this area. Mergers and acquisitions, business transactions, partnerships, collaborations, joint ventures, brand marketing, and product introductions are all part of this study. In conclusion, this study provides a thorough view of the sector's national and regional landscape.
Key Insights:
Global Smoking Cessation and Nicotine De Addiction Market Size is expected to grow at a CAGR of 18.90% during the forecast period. Global Smoking Cessation and Nicotine DeAddiction Market is expected to reach USD 51.80 Bn by 2029.
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COVID-19 Impact on Global Smoking Cessation and Nicotine De Addiction market:
The Global Smoking Cessation and Nicotine De Addiction industry has bore the brunt of the COVID-19 pandemic, with far-reaching consequences. Production facilities were halted due to disruptions and manpower shortages. This issue resulted in a severe and protracted decrease in production utilisation, which was exacerbated by travel restrictions and facility closures that kept employees away from their workplaces, slowing the Global Smoking Cessation and Nicotine De Addiction market in 2020. The negative impacts of COVID-19 on this market, however, are predicted to be ephemeral, with a rapid comeback forecast by early 2021, driven by increased demand for Global Smoking Cessation and Nicotine De Addiction .
Global Smoking Cessation and Nicotine De Addiction Market Drivers:
There are also non-governmental organisations that aid and educate individuals about quitting smoking and are frequently involved in reducing the number of clients. This will allow the market for smoking cessation and nicotine de-addiction to grow in the future. Furthermore, the availability of a diverse range of nicotine replacement therapy (NRT) products via retail and online selling platforms is boosting growth. Nonetheless, less awareness of smoking cessation solutions in emerging economies is impeding the worldwide smoking cessation and nicotine de-addiction market's growth.
Global Smoking Cessation and Nicotine De Addiction Market Segmentation:
by Product Type
•Products (with Nicotine)
o OTC Products
o E-cigarettes
o Nicotine Gums (NRT)
o Nicotine Patches (NRT)
o Nicotine Lozenges (NRT)
o Nicotine Tablets (NRT)
o Prescription Products
o Nicotine Sprays (NRT)
o Nicotine Inhalers (NRT)
• Products (without Nicotine)
o Prescription Products
o Zyban
o Chantix
by Distribution Channel
• Online
• Offline
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Key Players:
This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of...
• Pfizer Inc.
• GlaxoSmithKline plc (GSK)
• Cipla Ltd.
• Johnson & Johnson (J&J)
• ITC Ltd.
• Takeda Pharmaceutical Company Ltd.
• Alkalon A/S
• 22nd Century Group, Inc.
• Strides Pharma Science Ltd.
• JUUL Labs, Inc.
• Imperial Brands
• Japan Tobacco Inc.
• British American Tobacco
• Perrigo Company plc
• Fertin Pharma
Regional Analysis:
The region section of the research also includes important market influencing factors and changes in market regulation that impact the market's current and future trends. Some of the primary variables utilised to assess the market scenario for various locales are new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. Furthermore, when offering forecast analysis of national data, the existence and availability of brands, as well as the challenges they face as a result of strong or weak competition from local and domestic brands, as well as the influence of sales channels, are considered.
Table Of Content:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Smoking Cessation and Nicotine De-Addiction Market, by Market Value (US$ Bn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
Key Questions Answered in the Global Smoking Cessation and Nicotine De Addiction Market Report are:
- Which segment emerged as the leading segment in the Global Smoking Cessation and Nicotine De Addiction market?
- Which are the key players in the Global Smoking Cessation and Nicotine De Addiction market?
- What trends are likely to emerge in the Global Smoking Cessation and Nicotine De Addiction market in the coming years?
- What will be the Global Smoking Cessation and Nicotine De Addiction market size by 2027?
- Which company held the largest share in the Global Smoking Cessation and Nicotine De Addiction market in 2020?
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