Global Modern Oral Nicotine Products Market Size & Outlook
The modern oral nicotine products industry worldwide is expected to reach a projected revenue of US$ 26,417.3 million by 2030. A compound annual growth rate of 25.3% is expected of the worldwide modern oral nicotine products industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,450.8
Forecast, 2030 (US$M)
$26,417.3
CAGR, 2024 - 2030
25.3%
Report Coverage
Worldwide
Global modern oral nicotine products market, 2018-2030 (US$M)
Global modern oral nicotine products market highlights
- The global modern oral nicotine products market generated a revenue of USD 5,450.8 million in 2023 and is expected to reach USD 26,417.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 25.3% by 2030.
- In terms of segment, nicotine pouches accounted for a revenue of USD 5,450.8 million in 2023.
- Nicotine Pouches is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,450.8 million |
| Market revenue in 2030 | USD 26,417.3 million |
| Growth rate | 25.3% (CAGR from 2023 to 2030) |
| Largest segment | Nicotine pouches |
| Fastest growing segment | Nicotine Pouches |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nicotine Pouches |
Other key industry trends
- In terms of revenue, the North America accounted for 80.2% of the global modern oral nicotine products market in 2023.
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Modern Oral Nicotine Products Market Scope
Modern oral nicotine products market segmentation & scope
Strenght
Light
Normal
Strong
Extra Strong
Flavor
Original/Unflavored
Flavored
Distribution Channel
Offline
Online
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Modern Oral Nicotine Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global modern oral nicotine products market size, by regions, 2018-2030 (US$M)
Related regional statistics
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