Europe Modern Oral Nicotine Products Market Size & Outlook
The modern oral nicotine products market in Europe is expected to reach a projected revenue of US$ 5,014.0 million by 2030. A compound annual growth rate of 25.5% is expected of Europe modern oral nicotine products market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,023.5
Forecast, 2030 (US$M)
$5,014.0
CAGR, 2024 - 2030
25.5%
Report Coverage
Europe
Europe modern oral nicotine products market, 2018-2030 (US$M)
Europe modern oral nicotine products market highlights
- The Europe modern oral nicotine products market generated a revenue of USD 1,023.5 million in 2023.
- The market is expected to grow at a CAGR of 25.5% from 2024 to 2030.
- In terms of segment, nicotine pouches was the largest revenue generating product in 2023.
- Nicotine Pouches is the most lucrative product segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 1,023.5 million |
| Market revenue in 2030 | USD 5,014.0 million |
| Growth rate | 25.5% (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, Europe region accounted for 18.8% of the global modern oral nicotine products market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 177.0 million by 2030.
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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 |
|---|
Europe modern oral nicotine products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modern oral nicotine products market will help companies and investors design strategic landscapes.
Nicotine pouches was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe modern oral nicotine products market based on nicotine pouches covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Modern Oral Nicotine Products Product Outlook (Revenue, USD Million, 2018-2030)
- Nicotine Pouches
- Nicotine Gums
- Nicotine Lozenges
- Nicotine Patches
- Others
- Europe Modern Oral Nicotine Products Strenght Outlook (Revenue, USD Million, 2018-2030)
- Light
- Normal
- Strong
- Extra Strong
- Europe Modern Oral Nicotine Products Flavor Outlook (Revenue, USD Million, 2018-2030)
- Original/Unflavored
- Flavored
- Europe Modern Oral Nicotine Products Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
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Our clientele includes a mix of modern oral nicotine products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe modern oral nicotine products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe modern oral nicotine products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe modern oral nicotine products market
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