North America Nicotine Pouches Market Size & Outlook
North America nicotine pouches market, 2018-2030 (US$M)
Related Markets
North America nicotine pouches market highlights
- The North America nicotine pouches market generated a revenue of USD 2,423.9 million in 2023.
- The market is expected to grow at a CAGR of 32.8% from 2024 to 2030.
- In terms of segment, tobacco derived was the largest revenue generating product in 2023.
- Synthetic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,423.9 million |
| Market revenue in 2030 | USD 17,665.4 million |
| Growth rate | 32.8% (CAGR from 2023 to 2030) |
| Largest segment | Tobacco derived |
| Fastest growing segment | Synthetic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tobacco derived, Synthetic |
| Key market players worldwide | Swedish Match, Altria Group Inc, British American Tobacco, Japan Tobacco Inc, Philip Morris International Inc, Skruf Snus |
Other key industry trends
- In terms of revenue, North America region accounted for 80.7% of the global nicotine pouches market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 158.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nicotine Pouches Market Scope
Nicotine Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America nicotine pouches 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 pouches market will help companies and investors design strategic landscapes.
Tobacco derived was the largest segment with a revenue share of 96.24% in 2023. Horizon Databook has segmented the North America nicotine pouches market based on tobacco derived, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The North American market is anticipated to grow at a significant rate during the forecast period due to increasing investments in the development of alternative products for tobacco, coupled with shifting consumer preference toward tobacco-free substitutes such as nicotine patches, gums, and lozenges.
The use of nicotine pouches is also prevalent among lower annual income groups and younger populations. Consumers believe that nicotine patches are less harmful compared to other forms, which increases its demand in the region.
A recent research conducted from December 2021 to May 2022 by the National Institutes of Health (NIH) examined the patterns of oral nicotine pouch use among U.S. adolescents and young adults. The findings revealed that 16% of participants aged 15-24 had used nicotine pouches, with 12% currently using the product.
Reasons to subscribe to North America nicotine pouches market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America nicotine pouches market databook
-
Our clientele includes a mix of nicotine pouches 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 North America nicotine pouches market , including forecasts for subscribers. This continent databook contains high-level insights into North America nicotine pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America nicotine pouches market size, by country, 2018-2030 (US$M)
North America Nicotine Pouches Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
