Press release
Smoking Cessation and Nicotine De-addiction Market by Distribution Channel, Product and Geography - Forecast and Analysis 2023-2027
The smoking cessation and nicotine de-addiction market size is estimated to grow by USD 24529.75 million during 2023-2027. However, the growth momentum will be progressing at a CAGR of 12.59% during the forecast period. The market is segmented by Distribution Channel (Drug stores and retailers, Hospital pharmacies, and Online retail), Product (E-cigarette, NRT, and Drug therapy), and Geography (North America, Europe, Asia, and Rest of World (ROW)). The smoking cessation and nicotine de-addiction market share growth by the drug stores and retailers segment will be significant during the forecast period. The growth of this segment is primarily attributed to the increasing adoption of smoking cessation and nicotine de-addiction products, which is driven by an increase in the global demand for the smoking cessation and nicotine de-addiction industry.Information Services Market Insights -
Vendors: 15+, Including Alchem International Pvt. Ltd., Alkalon AS, Alvogen, Axcentria Pharmaceuticals, British American Tobacco Plc, Cambrex Corp., CHEMNOVATIC Sp. z o.o. Sp. k, Cipla Ltd., Dr Reddys Laboratories Ltd., Enorama Pharma AB, Imperial Brands Plc, Japan Tobacco Inc., Johnson and Johnson, Lil Drug Store Products Inc., Perrigo Co. Plc, Pfizer Inc., Philip Morris International, Qnovia, Tvape, Walgreen Co., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Distribution Channel (Drug stores and retailers, Hospital pharmacies, and Online retail), Product (E-cigarette, NRT, and Drug therapy), and Geography (North America, Europe, Asia, and Rest of World (ROW))
To understand more about the information services market, request a Free sample report
In 2017, the smoking cessation and nicotine de-addiction market was valued at USD 19410.65 million. From a regional perspective, North America held the largest market share, valued at 32%. The smoking cessation and nicotine de-addiction market size is estimated to grow by USD 24529.75 million from 2023 to 2027 at a CAGR of 12.59% according to Technavio.
Smoking cessation and nicotine de-addiction market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines -
Key purchase criteria
Adoption rates
Adoption lifecycle
Drivers of price sensitivity
For highlights on customer landscape analysis, download a sample!
Global Smoking Cessation and Nicotine De-addiction Market - Vendor Insights
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -
Alchem International Pvt. Ltd.
Alkalon AS
Alvogen
Axcentria Pharmaceuticals
British American Tobacco Plc
Cambrex Corp.
CHEMNOVATIC Sp. z o.o. Sp. k
Cipla Ltd.
Dr. Reddys Laboratories Ltd.
Enorama Pharma AB
Imperial Brands Plc
Japan Tobacco Inc.
Johnson & Johnson
Lil Drug Store Products Inc.
Global Smoking Cessation And Nicotine De-addiction Market - Market Dynamics
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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