Report ID: SQSG35I2048
Report ID:
SQSG35I2048 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
64 |
Figures:
75
North America is estimated to spearhead the global nicotine gum market forecast in the future. Rising health consciousness among people in this region, presence of key nicotine gum providers, and launch of government initiatives and campaigns to educate people about the ill effects of smoking are helping this region lead the sales of nicotine gum. The United Stares is projected to bring in the most revenue for nicotine gum companies operating in this region. Brand innovation and the launch of innovative marketing campaigns to boost popularity of nicotine gum are also expected to aid the dominance of this region going forward.
Asia Pacific is positioned to emerge as the fastest expanding market for nicotine gum companies in the world. Growing consumer awareness regarding health and wellness, rising availability of smoking cessation aids, and imposition of stringent smoking bans and anti-smoking regulations are providing lucrative opportunities for nicotine gum providers in this region. China, Japan, and India are slated to be at the forefront of nicotine gum consumption in Asia Pacific across the forecast period and beyond. High competition between leading tobacco companies in this region is also slated to create new business scope for nicotine gum suppliers in the long run.
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Report ID: SQSG35I2048