Europe Nicotine Gum Market Size & Outlook, 2023-2030

The nicotine gum market in Europe is expected to reach a projected revenue of US$ 421.5 million by 2030. A compound annual growth rate of 5.9% is expected of Europe nicotine gum market from 2024 to 2030.
Revenue, 2023 (US$M)
$281.5
Forecast, 2030 (US$M)
$421.5
CAGR, 2024 - 2030
5.9%
Report Coverage
Europe

Europe nicotine gum market highlights

  • The Europe nicotine gum market generated a revenue of USD 281.5 million in 2023.
  • The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
  • In terms of segment, 2 mg was the largest revenue generating product in 2023.
  • 4 mg is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 281.5 million
Market revenue in 2030USD 421.5 million
Growth rate5.9% (CAGR from 2023 to 2030)
Largest segment2 mg
Fastest growing segment4 mg
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentation2 mg, 4 mg
Key market players worldwideJohnson & Johnson, Novartis AG ADR, ITC Ltd DR, Cipla Ltd DR, Perrigo Co PLC, Philip Morris International Inc, British American Tobacco

Other key industry trends

  • In terms of revenue, Europe region accounted for 20.6% of the global nicotine gum 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 571.4 million by 2030.

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Nicotine Gum Market Companies

Name Profile # Employees HQ Website

Europe 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 55.63% in 2023. Horizon Databook has segmented the Europe nicotine gum market based on 2 mg, 4 mg covering the revenue growth of each sub-segment from 2017 to 2030.


  • Europe Nicotine Gum Product Outlook (Revenue, USD Million, 2017-2030)
    • 2 mg
    • 4 mg
  • Europe Nicotine Gum Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Pharmacies
    • Online

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Target buyers of Europe nicotine gum market databook

  • Our clientele includes a mix of nicotine gum market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Europe nicotine gum market , including forecasts for subscribers. This continent databook contains high-level insights into Europe nicotine gum market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe nicotine gum market size, by country, 2017-2030 (US$M)

Europe Nicotine Gum Market Outlook Share, 2023 & 2030 (US$M)

Europe nicotine gum market size, by country, 2017-2030 (US$M)

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