Global Nicotine Gum Market Size & Outlook, 2023-2030
Global nicotine gum market, 2017-2030 (US$M)
Related Markets
Global nicotine gum market highlights
- The global nicotine gum market generated a revenue of USD 1,365.7 million in 2023 and is expected to reach USD 2,003.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
- In terms of segment, 2 mg accounted for a revenue of USD 761.7 million in 2023.
- 4 mg 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,365.7 million |
| Market revenue in 2030 | USD 2,003.4 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | 2 mg |
| Fastest growing segment | 4 mg |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2 mg, 4 mg |
Other key industry trends
- In terms of revenue, the North America accounted for 29.8% of the global nicotine gum market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 307.0 million by 2030.
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Nicotine Gum Market Scope
Nicotine Gum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global nicotine gum 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 nicotine gum market will help companies and investors design strategic landscapes.
2 mg was the largest segment with a revenue share of 55.77% in 2023. Horizon Databook has segmented the Global nicotine gum market based on 2 mg, 4 mg covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Nicotine Gum Product Outlook (Revenue, USD Million, 2017-2030)
- 2 mg
- 4 mg
- Global Nicotine Gum Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Supermarkets/Hypermarkets
- Convenience Stores
- Pharmacies
- Online
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Target buyers of Global nicotine gum market databook
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Our clientele includes a mix of nicotine gum market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global nicotine gum market , including forecasts for subscribers. This global databook contains high-level insights into Global nicotine gum market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global nicotine gum market size, by regions, 2017-2030 (US$M)
Top 10 countries: Nicotine gum market size, 2023 (US$M)
Global nicotine gum market share, by product, 2023 & 2030 (%, US$M)
Nicotine gum market: Opportunity assessment by country
Global nicotine gum market, by region, 2023 (US$M)
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