Nicotine Gum Market Size, Share, Growth Analysis, By Type (2mg, and 4mg), By Distribution Channel (Supermarkets/hypermarkets, Convenience stores), By Region - Industry Forecast 2024-2031

Global Nicotine Gum Market size was valued at USD 1.30 billion in 2022 and is poised to grow from USD 1.37 billion in 2023 to USD 2.12 billion by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031).

Nicotine gum is an FDA-approved medication that can help individuals give up smoking habits. When combined with a nicotine patch, it can be used every 2 hours to prevent withdrawal symptoms or as needed for stronger cravings. Furthermore, the product belongs to a class of medications known as smoking cessation aids. It is a type of flavoured chewing gum that produces nicotine, which is then released into the smoker's bloodstream via the mouth lining, suppressing the craving for nicotine in a smoker. Previously, it was affected by COVID-19 due to impose of continuous lockdowns. To overcome COVID-19 infection, health organisations such as the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) have recommended smokers to stop smoking as a precautionary measure. The major reason driving product demand is an increase in the number of people attempting to give up smoking as a result of increasing awareness about the health risks that come with smoking.

US Nicotine Gum Market is poised to grow at a sustainable CAGR for the next forecast year.