U.S. Nicotine Gum Market Size & Outlook, 2023-2030
U.S. nicotine gum market, 2017-2030 (US$M)
Related Markets
U.S. nicotine gum market highlights
- The U.S. nicotine gum market generated a revenue of USD 225.4 million in 2023 and is expected to reach USD 307.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.5% 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.
Nicotine gum market data book summary
| Market revenue in 2023 | USD 225.4 million |
| Market revenue in 2030 | USD 307.0 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | 2 mg |
| Fastest growing segment | 4 mg |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2 mg, 4 mg |
| Key market players worldwide | Johnson & 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, U.S. accounted for 16.5% of the global nicotine gum market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. nicotine gum market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 267.9 million by 2030.
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Nicotine Gum Market Scope
Nicotine Gum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 55.41% in 2023. Horizon Databook has segmented the U.S. nicotine gum market based on 2 mg, 4 mg covering the revenue growth of each sub-segment from 2017 to 2030.
- U.S. Nicotine Gum Product Outlook (Revenue, USD Million, 2017-2030)
- 2 mg
- 4 mg
- U.S. Nicotine Gum Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Supermarkets/Hypermarkets
- Convenience Stores
- Pharmacies
- Online
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Target buyers of U.S. 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 country-level data and insights on the U.S. nicotine gum market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nicotine gum market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. nicotine gum market size, by product, 2017-2030 (US$M)
U.S. Nicotine Gum Market Outlook Share, 2023 & 2030 (US$M)
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