Market Overview:
The global nicotine market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for smoking cessation products and rising awareness about the health hazards of smoking. By type, the nicotine gum segment is expected to account for the largest share of the market in 2018. This can be attributed to its easy availability and low cost as compared to other forms of nicotine delivery such as lozenges and sprays. By application, smoking cessation is expected to account for the majority share of the market in 2018.
Product Definition:
Nicotine is a colorless, oily liquid that is a natural product of tobacco plants. It is used in cigarettes, cigars, and other tobacco products.
Nicotine Gum:
Nicotine Gum, also known as Nicotine Polacrilex, is a nicotine-containing oral chewing gum. It was developed as an alternative to cigarettes and other smokeless tobacco products by the American Tobacco Company in 1955. The product gained popularity among adults seeking to quit smoking and became one of the most popular types of chewing gums in the world.
Lozenge:
Lozenges are small pieces of candy that are used as an oral fixation device. They can be consumed in groups or alone and they provide a cooling sensation when placed in the mouth. The nicotine lozenge is a small square piece of gum, which contains around 5 milligrams of nicotine, which is enough to help people get through the day without having too much nicotine withdrawal symptoms.
Application Insights:
The smoking cessation segment dominated the global nicotine market in 2017, owing to rising awareness about the harmful effects of tobacco smoke on health. According to WHO, around 1 in 5 deaths worldwide is caused by smoking and this number is increasing with time. Moreover, according to a study published in NCBI, it was found that passive smoking leads to increased risk of heart diseases among non-smokers as compared to smokers. These factors are expected drive demand for nicotine replacement therapy products such as gum and patches over the forecast period.
Other applications include use during pregnancy (nicotine patch), use for weight loss/obesity treatment (gum) or as an aid for quitting another drug (patch). However, few studies suggest that using nicotine patches during pregnancy may lead fetus towards birth with low birth weight which may have long term effects on children's health; thus should be taken into consideration before usage outside clinical trials.
Regional Analysis:
North America dominated the global market in 2017 owing to high smoking prevalence and easy availability of products. The region is expected to maintain its dominance over the forecast period due to increasing demand for cessation products coupled with growing awareness about them. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising product consumption in Japan, China, India, and Australia (JIA). Moreover, government initiatives are encouraging manufacturers/importers in these countries as well as other Southeast Asian nations such as Indonesia and Malaysia where smoking prevalence rate is comparatively lower than that of China or Japan. For instance, Imperial Brands invested USD X million for acquiring a 24% stake in Australian based Nicoventures Limited which owns nicotine company Bloomsbury Pharmaceuticals Limited; thus strengthening its position against British American Tobacco who also has a strong presence in this region through their subsidiary Brown & Williamson Inc.
Growth Factors:
- Increasing awareness about the health risks associated with smoking tobacco cigarettes is likely to drive demand for nicotine-based products as a safer alternative.
- Growing popularity of vaping among young adults is expected to boost the market growth over the forecast period.
- Rising disposable income of consumers in developing countries is anticipated to create new opportunities for market players.
- Technological advancements in nicotine delivery systems are likely to provide a fillip to the market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nicotine Market Research Report
By Type
Nicotine Gum, Lozenge, Spray, Other
By Application
Smoking Cessation, Other
By Companies
Alchem International, Siegfried, CAMBREX CHARLES CITY, FERTIN PHARMA, JOHNSON AND JOHNSON CONSUMER INC, Laboratorios Haymann, Mallinckrodt Pharmaceuticals, PORTON FINE CHEMICALS, SIEGFRIED, Veer-Chemie & Aromatics, NJOY
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Nicotine Market Report Segments:
The global Nicotine market is segmented on the basis of:
Types
Nicotine Gum, Lozenge, Spray, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smoking Cessation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alchem International
- Siegfried
- CAMBREX CHARLES CITY
- FERTIN PHARMA
- JOHNSON AND JOHNSON CONSUMER INC
- Laboratorios Haymann
- Mallinckrodt Pharmaceuticals
- PORTON FINE CHEMICALS
- SIEGFRIED
- Veer-Chemie & Aromatics
- NJOY
Highlights of The Nicotine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nicotine Gum
- Lozenge
- Spray
- Other
- By Application:
- Smoking Cessation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nicotine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nicotine is a chemical found in tobacco and other plants. It is the main psychoactive ingredient in cigarettes, cigars, and other smoking products. Nicotine also occurs naturally in some foods.
Some of the major companies in the nicotine market are Alchem International, Siegfried, CAMBREX CHARLES CITY, FERTIN PHARMA, JOHNSON AND JOHNSON CONSUMER INC, Laboratorios Haymann, Mallinckrodt Pharmaceuticals, PORTON FINE CHEMICALS, SIEGFRIED, Veer-Chemie & Aromatics, NJOY.
The nicotine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nicotine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Nicotine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nicotine Market - Supply Chain
4.5. Global Nicotine Market Forecast
4.5.1. Nicotine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nicotine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nicotine Market Absolute $ Opportunity
5. Global Nicotine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Nicotine Market Size and Volume Forecast by Type
5.3.1. Nicotine Gum
5.3.2. Lozenge
5.3.3. Spray
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nicotine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Nicotine Market Size and Volume Forecast by Application
6.3.1. Smoking Cessation
6.3.2. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nicotine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Nicotine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Nicotine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Nicotine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Nicotine Demand Share Forecast, 2019-2026
9. North America Nicotine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Nicotine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Nicotine Market Size and Volume Forecast by Application
9.4.1. Smoking Cessation
9.4.2. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nicotine Market Size and Volume Forecast by Type
9.7.1. Nicotine Gum
9.7.2. Lozenge
9.7.3. Spray
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Nicotine Demand Share Forecast, 2019-2026
10. Latin America Nicotine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Nicotine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Nicotine Market Size and Volume Forecast by Application
10.4.1. Smoking Cessation
10.4.2. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nicotine Market Size and Volume Forecast by Type
10.7.1. Nicotine Gum
10.7.2. Lozenge
10.7.3. Spray
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Nicotine Demand Share Forecast, 2019-2026
11. Europe Nicotine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Nicotine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Nicotine Market Size and Volume Forecast by Application
11.4.1. Smoking Cessation
11.4.2. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nicotine Market Size and Volume Forecast by Type
11.7.1. Nicotine Gum
11.7.2. Lozenge
11.7.3. Spray
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Appliction
11.10.4. By Sales Channel
11.11. Europe Nicotine Demand Share, 2019-2026
12. Asia Pacific Nicotine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Nicotine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Nicotine Market Size and Volume Forecast by Application
12.4.1. Smoking Cessation
12.4.2. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nicotine Market Size and Volume Forecast by Type
12.7.1. Nicotine Gum
12.7.2. Lozenge
12.7.3. Spray
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Nicotine Demand Share, 2019-2026
13. Middle East & Africa Nicotine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Nicotine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Nicotine Market Size and Volume Forecast by Application
13.4.1. Smoking Cessation
13.4.2. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nicotine Market Size and Volume Forecast by Type
13.7.1. Nicotine Gum
13.7.2. Lozenge
13.7.3. Spray
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Nicotine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nicotine Market: Market Share Analysis
14.2. Nicotine Distributors and Customers
14.3. Nicotine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alchem International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siegfried
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CAMBREX CHARLES CITY
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FERTIN PHARMA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JOHNSON AND JOHNSON CONSUMER INC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Laboratorios Haymann
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mallinckrodt Pharmaceuticals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PORTON FINE CHEMICALS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SIEGFRIED
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Veer-Chemie & Aromatics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NJOY
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
