Smoking Cessation Product Market
Smoking Cessation Product Market Study by Chewing Gum, Patches, Inhalers, Lozenges, and Nasal Sprays Sold at Hospital Pharmacies, Drug Stores, Retail Stores, and Online Stores from 2024 to 2034
Analysis of Smoking Cessation Product Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Smoking Cessation Product Market Outlook (2024 to 2034)
Advancing at a compound annual growth rate (CAGR) of 9.2% on the back of more people looking to quit smoking than ever before, the global smoking cessation product market is estimated at US$ 28.9 billion in 2024 and has been analyzed to reach US$ 69.8 billion by the end of 2034, as revealed in a recently published research analysis by Fact.MR.
Increasing count of individuals trying to quit smoking around the world is set to act as one of the prominent factors contributing to the smoking cessation product market growth. Various governments around the world are emphasizing stringent regulations for controlling the addiction to cigarettes and nicotine owing to their toxic effects on respiratory and cardiac systems. In addition, the imposition of higher taxes on tobacco products is also anticipated to contribute to the rising demand for alternative safe options, which are further helping in the expansion of the smoking cessation product market size.
Several government policies have been implemented regarding smoking, such as the prohibition on smoking in public areas. Further, rising awareness about the adverse effects of smoking among people is set to positively impact market growth.
- Global demand for nicotine replacement therapy (NRT) is projected to accelerate at a CAGR of 9.5% and reach a market valuation of US$ 25.4 billion by 2034-end.
- East Asia is anticipated to account for 23.1% of the smoking cessation product market share by 2034.
- Sales of smoking cessation products in Japan are forecasted to rise at 9.7% CAGR from 2024 to 2034.
In recent years, the hectic lifestyle of more people is contributing to stress and unhealthy habits, such as smoking, etc., which is resulting in the generation of health issues. COPD (chronic obstructive pulmonary disease) is one of the life-threatening diseases, caused due to excessive smoking. Therefore, increased emphasis has been given to quitting such habits, which is forecasted to contribute to the rising sales of smoking cessation products in the coming 10 years. The trend of quitting smoking is more common among lactating and pregnant women due to its adverse impacts on the mother as well as the child. These factors are set to positively impact market growth.
Report Attributes | Details |
---|---|
Smoking Cessation Product Market Size (2024E) | US$ 28.9 Billion |
Forecasted Market Value (2034F) | US$ 69.8 Billion |
Global Market Growth Rate (2024 to 2034) | 9.2% CAGR |
Market Share of Chewing Gum (2034F) | 23.8% |
South Korea Market Growth Rate (2024 to 2034) | 10% CAGR |
North America Market Share (2034F) | 24.3% |
Key Companies Profiled | Johnson & Johnson Inc.; The Harvard Drug Group; GlaxoSmithKline plc; Smoke Away; Pfizer Inc.; British American Tobacco PLC; Perrigo Company plc; Novartis; Cipla Ltd.; Nicotek LLC; ITC Limited; Fontem Ventures; Alkalon A/S; Reynolds American Inc.; Fertin Pharma; Imperial Tobacco Ltd.; VMR Products LLC |
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What is Responsible for High Demand Growth for Smoking Cessation Products?
“Rising Cases of COPD Diseases Increasing Demand for Smoking Cessation Solutions”
Smoking tobacco is one of the prominent causes of COPD (chronic obstructive pulmonary disease). There are various people around the world, who are suffering from COPD. This disease is anticipated to be one of the most prominent causes of death by the end of 2034. This life-threatening disease does not have a cure. Therefore, more people are becoming aware of the adverse effects of smoking, which is subsequently generating demand for smoking cessation products as one of the ways to quit smoking.
“Escalating Count of Tobacco-related Deaths”
As per the WHO (World Health Organization), consumption of tobacco is resulting in increasing deaths around the world. Rising awareness related to the hazards of the consumption of tobacco is expected to stimulate individuals to quit smoking. This quit-smoking trend is more prevalent among lactating and pregnant women, as adverse impacts are caused on mothers and children.
Why are Sales of Smoking Cessation Products Lower Than Expectations?
“Potential Side Effects Associated with Smoking Cessation Products”
Smoking cessation products are marketed to help individuals quit smoking. However, several side effects of these products are leading to discomfort. Certain products, including nasal sprays, patches, etc., are anticipated to cause irritation to the nose, skin, throat, or eyes. Even some behavioral changes are also noticed among consumers. There are a few smoking cessation products, which lead to diarrhea and insomnia as side-effects with their consumption. Therefore, growing awareness among consumers about the health risks associated with these products is expected to adversely influence smoking cessation product market trends.
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What Market Trends are New Companies Capitalizing On?
“Investments in Production of Personalized Smoking Cessation Products”
New entrants trying to enter this marketplace are investing at an increased rate for the production of customized smoking cessation products. These newly developed products are estimated to help COPD patients, therefore leading to their growing sales.
Country-wise Insights
North America is forecast to account for 24.3% share of global market revenue by 2034. The presence of some prominent players, well-developed healthcare infrastructure, and increasing government initiatives for public awareness about the adverse impacts of smoking are contributing to the rising demand for smoking cessation products.
Why is the United States a Key Market in This Landscape?
“Higher Awareness about Adverse Impacts of Smoking on Health”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 3.1 Billion |
Growth Rate (2024 to 2034) | 9.6% CAGR |
Projected Value (2034F) | US$ 7.7 Billion |
The United States is set to hold a 45.6% share of the North American market by the end of 2034. Tobacco smoking is anticipated to reach new heights in the United States owing to the alarming adoption of several types of tobacco products among the adult population and youth. However, certain individuals are inclined to quit smoking with rising health awareness and increasing health disorders, which is projected to positively impact demand for smoking cessation products in the United States.
Why are Manufacturers of Smoking Cessation Products Lining up in China?
“Presence of Larger Base of Smokers Leading to Several Health Issues”
Attribute | China |
---|---|
Market Value (2024E) | US$ 3.2 Billion |
Growth Rate (2024 to 2034) | 9.2% CAGR |
Projected Value (2034F) | US$ 7.7 Billion |
China is anticipated to account for 47.5% share of the market in East Asia by the end of 2034. Increasing awareness about the availability and effectiveness of smoking cessation products among a larger consumer base is anticipated to widen opportunities for players. With a significant presence of smokers in China an increase in the demand for smoking cessation products has been encountered with rising health issues and awareness about the adverse health impacts of smoking.
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Category-wise Insights
The study published by Fact.MR, a market research and competitive intelligence provider, states that increasing demand for chewing gum is attributed to its help in reducing harm, which is otherwise caused by several high-risk products, including combustible cigarettes. In addition, it also helps in minimizing cravings for nicotine consumption.
Why is Chewing Gum Popular as a Smoking Cessation Product?
“Rising Use of Chewing Gum to Control Nicotine Cravings”
Attribute | Chewing Gum |
---|---|
Segment Value (2024E) | US$ 7.1 Billion |
Growth Rate (2024 to 2034) | 8.8% CAGR |
Projected Value (2034F) | US$ 16.6 Billion |
Chewing gum is projected to contribute 23.8% share of the global market by 2034, as mentioned in the research report published by Fact.MR. The rising demand for chewing gum as a smoking cessation product is owing to its ability to control sudden cravings for nicotine and withdrawal symptoms. In addition, it is anticipated to be used in combination with other smoking cessation products, which will further widen opportunities for players.
Will Reliance of Nicotine Replacement Therapy (NRT) Increase as Expected?
“Increased Effectiveness of NRT Therapy in Quitting Smoking”
Attribute | Nicotine Replacement Therapy (NRT) |
---|---|
Segment Value (2024E) | US$ 10.2 Billion |
Growth Rate (2024 to 2034) | 9.5% CAGR |
Projected Value (2034F) | US$ 25.4 Billion |
Nicotine replacement therapy is forecast to account for a 36.4% share of global market revenue by 2034 because of its effectiveness in quitting smoking. In this therapy, a low dose of nicotine is used along with the products without any toxins. Further, this therapy is anticipated to help in cutting down on cravings for nicotine. Different forms of products, such as transdermal patches, inhalers, gum, etc., are used in NRT therapy to increase the chances of quitting smoking.
Competitive Landscape
Leading manufacturers of smoking cessation products are involved in the production of innovative solutions. In addition, players are also investing to maintain product quality, new product development, management of supply chain systems, etc., to get a competitive edge in the global market.
Key players in the smoking cessation product industry are Johnson & Johnson Inc., The Harvard Drug Group, GlaxoSmithKline plc, Smoke Away, Pfizer Inc., British American Tobacco PLC, Perrigo Company plc, Novartis, Cipla Ltd., Nicotek LLC, ITC Limited, Fontem Ventures, Alkalon A/S, Reynolds American Inc., Fertin Pharma, Imperial Tobacco Ltd., and VMR Products LLC.
Segmentation of Smoking Cessation Product Market Research
-
By Product Type :
- Chewing Gum
- Patches
- Inhalers
- Lozenges
- Nasal Sprays
-
By Therapy :
- Nicotine Replacement Therapy (NRT)
- Non-NRT Therapy
- E-Cigarettes
-
By Sales Channel :
- Hospital Pharmacies
- Drug Stores
- Retail Stores
- Online Stores
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Value Chain Analysis
- 6. Supply Chain Analysis
- 7. Global Demand for Market - Pricing Analysis
- 8. Global Demand for Market 2019 to 2023 and Forecast 2024 to 2034, By Product Type
- 8.1. Chewing Gum
- 8.2. Patches
- 8.3. Inhalers
- 8.4. Lozenges
- 8.5. Nasal Sprays
- 9. Global Demand for Market 2019 to 2023 and Forecast 2024 to 2034, By Therapy
- 9.1. Nicotine Replacement Therapy (NRT)s
- 9.2. Non-NRT Therapy
- 9.3. E-Cigarettes
- 10. Global Demand for Market 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
- 10.1. Hospital Pharmacies
- 10.2. Drug Stores
- 10.3. Retail Stores
- 10.4. Online Stores
- 11. Global Demand for Market 2019 to 2023 and Forecast 2024 to 2034, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 13. Latin America Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 14. Europe Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 15. East Asia Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 16. South Asia Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 17. Oceania Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Demand for Market 2019 to 2023 and Forecast 2024 to 2034
- 19. Key Countries Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Johnson & Johnson Inc.
- 21.2. GlaxoSmithKline plc
- 21.3. Pfizer Inc.
- 21.4. Perrigo Company plc
- 21.5. Cipla Ltd.
- 21.6. ITC Limited
- 21.7. Reynolds American Inc.
- 21.8. Imperial Tobacco Ltd.
- 21.9. Fertin Pharma
- 21.10. Alkalon A/S
- 21.11. Fontem Ventures
- 21.12. Nicotek LLC
- 21.13. Novartis
- 21.14. British American Tobacco PLC
- 21.15. Smoke Away
- 21.16. The Harvard Drug Group
- 21.17. VMR Products LLC
- 22. Assumptions & Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Value (USD Billion) and Forecast by Region, 2019 to 2023
Table 02: Global Market Value (USD Billion) and Forecast by Region, 2024 to 2034
Table 03: Global Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 04: Global Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 05: Global Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 06: Global Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 07: Global Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 08: Global Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 09: North America Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 10: North America Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 11: North America Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 12: North America Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 13: North America Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 14: North America Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 15: North America Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 16: North America Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 17: Latin America Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 18: Latin America Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 19: Latin America Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 20: Latin America Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 21: Latin America Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 22: Latin America Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 23: Latin America Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 24: Latin America Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 25: Europe Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 26: Europe Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 27: Europe Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 28: Europe Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 29: Europe Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 30: Europe Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 31: Europe Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 32: Europe Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 33: East Asia Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 34: East Asia Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 35: East Asia Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 36: East Asia Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 37: East Asia Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 38: East Asia Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 39: East Asia Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 40: East Asia Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 41: South Asia Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 42: South Asia Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 43: South Asia Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 44: South Asia Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 45: South Asia Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 46: South Asia Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 47: South Asia Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 48: South Asia Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 49: Oceania Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 50: Oceania Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 51: Oceania Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 52: Oceania Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 53: Oceania Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 54: Oceania Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 55: Oceania Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 56: Oceania Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
Table 57: MEA Market Value (USD Billion) and Forecast by Country, 2019 to 2023
Table 58: MEA Market Value (USD Billion) and Forecast by Country, 2024 to 2034
Table 59: MEA Market Value (USD Billion) and Forecast by Product Type, 2019 to 2023
Table 60: MEA Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034
Table 61: MEA Market Value (USD Billion) and Forecast by Therapy, 2019 to 2023
Table 62: MEA Market Value (USD Billion) and Forecast by Therapy, 2024 to 2034
Table 63: MEA Market Value (USD Billion) and Forecast by Sales Channel, 2019 to 2023
Table 64: MEA Market Value (USD Billion) and Forecast by Sales Channel, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (USD Billion) Forecast, 2024 to 2034
Figure 02: Global Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 03: Global Market Value (USD Billion) by Region, 2024 & 2034
Figure 04: Global Market Y-o-Y Growth Rate by Region, 2024 to 2034
Figure 05: Global Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 07: Global Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 08: Global Market Y-o-Y Growth Rate by Therapy, 202 to 2032
Figure 09: Global Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 10: Global Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 11: North America Market Value (USD Billion) Forecast, 2024 to 2034
Figure 12: North America Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 13: North America Market Value (USD Billion) by Country, 2024 & 2034
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 15: North America Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 16: North America Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 17: North America Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 18: North America Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 19: North America Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 20: North America Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 21: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 25: Latin America Market Value (USD Billion) Forecast, 2024 to 2034
Figure 26: Latin America Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 27: Latin America Market Value (USD Billion) by Country, 2024 & 2034
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 29: Latin America Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 30: Latin America Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 31: Latin America Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 33: Latin America Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 34: Latin America Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 35: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 37: Latin America Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 38: Latin America Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 39: Europe Market Value (USD Billion) Forecast, 2024 to 2034
Figure 40: Europe Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 41: Europe Market Value (USD Billion) by Country, 2024 & 2034
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 43: Europe Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 44: Europe Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 45: Europe Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 46: Europe Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 47: Europe Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 48: Europe Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 49: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 50: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 51: Europe Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 52: Europe Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 53: East Asia Market Value (USD Billion) Forecast, 2024 to 2034
Figure 54: East Asia Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 55: East Asia Market Value (USD Billion) by Country, 2024 & 2034
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 57: East Asia Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 58: East Asia Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 59: East Asia Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 60: East Asia Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 61: East Asia Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 62: East Asia Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 63: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 64: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 65: East Asia Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 66: East Asia Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 67: South Asia Market Value (USD Billion) Forecast, 2024 to 2034
Figure 68: South Asia Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 69: South Asia Market Value (USD Billion) by Country, 2024 & 2034
Figure 70: South Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 71: South Asia Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 72: South Asia Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 73: South Asia Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 74: South Asia Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 75: South Asia Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 76: South Asia Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 77: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 78: South Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 79: South Asia Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 80: South Asia Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 81: Oceania Market Value (USD Billion) Forecast, 2024 to 2034
Figure 82: Oceania Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 83: Oceania Market Value (USD Billion) by Country, 2024 & 2034
Figure 84: Oceania Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 85: Oceania Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 86: Oceania Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 87: Oceania Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 88: Oceania Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 89: Oceania Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 90: Oceania Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 91: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 92: Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 93: Oceania Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 94: Oceania Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 95: MEA Market Value (USD Billion) Forecast, 2024 to 2034
Figure 96: MEA Market Absolute $ Opportunity (USD Billion), 2024 to 2034
Figure 97: MEA Market Value (USD Billion) by Country, 2024 & 2034
Figure 98: MEA Market Y-o-Y Growth Rate by Country, 2024 to 2034
Figure 99: MEA Market Value (USD Billion) by Product Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Rate by Product Type, 2024 to 2034
Figure 101: MEA Market Value (USD Billion) by Therapy, 2024 & 2034
Figure 102: MEA Market Y-o-Y Growth Rate by Therapy, 2024 to 2034
Figure 103: MEA Market Value (USD Billion) by Sales Channel, 2024 & 2034
Figure 104: MEA Market Y-o-Y Growth Rate by Sales Channel, 2024 to 2034
Figure 105: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 106: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 107: MEA Market Attractiveness Analysis by Therapy, 2024 to 2034
Figure 108: MEA Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the size of the smoking cessation product market in 2024?
The global smoking cessation product market is estimated at US$ 28.9 billion in 2024.
What is the sales outlook for smoking cessation products by 2034?
Worldwide demand for smoking cessation products is forecasted to reach a market valuation of US$ 69.8 billion by 2034.
What is the projected CAGR for the market from 2024 to 2034?
The market for smoking cessation products is projected to expand at 9.2% CAGR from 2024 to 2034.
How much share of the global market is forecasted to be accounted for by North America?
North America is anticipated to contribute 24.3% share of the global market by the end of 2034.
What is the demand projection for smoking cessation products in Japan?
Sales of smoking cessation products in Japan are set to rise at a CAGR of 9.7% from 2024 to 2034.
What is the contribution of chewing gum to global market revenue?
Chewing gum is forecasted to hold 23.8% share of global market revenue by the end of 2034.