Nicotine Gums and Lozenges Market Size, Status and Business Scenario – Novartis, Perrigo Company, Pharmacia, Fertin Pharma, Revolymer, Johnson & Johnson

This report discusses many vital industry facets that influence Global Nicotine Gums and Lozenges  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Novartis, Perrigo Company, Pharmacia, Fertin Pharma, Revolymer, Johnson & Johnson, Alchem International, Cambrex Corporation, GlaxoSmithKline, Reynolds American, Dr. Reddy's Laboratories

Nicotine Gums and Lozenges Market Is Projected to Reach USD 3.92 Billion by 2028, Exhibiting a CAGR of 4.3%

News and Updates

Nicorette introduces new nicotine lozenges in bid to woo customers away from vaping- The brand is launching its first major new product in 10 years, a coated ice mint lozenge. The coating helps deliver a punch of minty flavor with a smoother texture than other nicotine lozenges that can sometimes be chalky.

JB Chemicals launches medicated nicotine lozenges and AI-enabled Chatbot to help quit smoking-- NOSMOK prescription medicated nicotine lozenges will be available as 2mg and 4mg lozenges in sugar-free and sugar-based variants while AI-enabled Chatbot, ‘Dr Will’ is a digital program to support doctors in counselling smokers in their tobacco cessation journey

Market Overview

Nicotine gum and lozenges are both popular and convenient forms of nicotine replacement therapy. These are smoking cessation products that help smokers to gradually overcome nicotine addiction. Nicotine is released by chewing the gum or lozenge and it is absorbed into the bloodstream through the lining of the mouth, which gradually reduces smokers’ desire for nicotine.

Nicotine replacement therapy is a treatment that involves administering the smoking addicts with nicotine in the form of patches, inhalers, gums, sprays, and lozenges that does not contain harmful chemicals compared to tobacco. Often consumption of tobacco leads to nicotine dependency and its withdrawal can result in unpleasant situations for the smoker. NRT mainly focuses on the psychological aspect of quitting, while helping to relieve the physical withdrawal symptoms of the smokers.

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7

2 mg/piece

4 mg/piece

Other

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8

Withdrawal Clinics

Medical Practice

Individual Smokers

Others

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Nicotine Gums and Lozenges market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

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Nicotine Gums and Lozenges Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Nicotine Gums and Lozenges market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Nicotine Gums and Lozenges market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Nicotine Gums and Lozenges Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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