Smoking cessation and nicotine de addiction products market
Smoking Cessation and Nicotine De-addiction Products Market, by Product Type (Nicotine Replacement Therapy (Over-the-Counter and Prescription), Drugs (Varenicline and Zyban), and E-cigarettes (Modular, Disposable, and Rechargeable)), by Distribution Channel (Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast 2019 - 2027
- Sep 2019
- CMI134
- 358 Pages
- Excel & Pdf
- Pharmaceutical
Smoking Cessation and Nicotine De-addiction Products Market – Insights
Cigarette packs have been mandatorily carrying a warning stating that ‘Smoking is injurious to Health’, while some countries have resorted to even more graphic visuals of victims of smoking. However, this has done precious little to encourage smoking cessation. It is only through awareness created by NGOs and global healthcare organizations that we observe initiatives to stop smoking among the smoking population. Moreover, companies are introducing therapies for smoking cessation has led to development of various alternative therapies in the global smoking cessation and nicotine de-addiction products market. Nicotex, Nicogum, Smokefree, and KwikNic are some of the major nicotine replacement therapy (NRT) brands available in the smoking cessation and nicotine de-addiction products market. Nicotine addiction is in fact a major contributing factor for higher sales of cigarettes. Therefore, nicotine de-addiction products such as nicotine gums and patches are commercialized in the market.
Nicotine replacement therapies (NRTs) were the first U.S Food and Drug Administration (FDA) approved products for smoking cessation treatment. Buproprion (Zyban) and Varenicline (Chantix) are the two non-nicotine U.S. FDA approved products intended for smoking cessation. E-cigarettes are other emerging products aiding in nicotine de-addiction, e-cigarettes can be nicotine-based or non-nicotine based.
The global smoking cessation and nicotine de-addiction products market size was valued at US$ 17,396.6 million in 2018, and is expected to witness a CAGR of 17.8% over the forecast period (2019 – 2027).
Global Smoking Cessation and Nicotine De-addiction Products Market Share (%) Analysis, By Product Type, 2019 vs 2027
Source: Coherent Market Insights Analysis (2019)
Increasing Demand Of E-Cigarettes and Nicotine De-Addiction Products is Expected to Drive Growth of The Smoking Cessation and Nicotine De-Addiction Products Market
E-cigarette is an electronic nicotine delivery system (ENDS) that is regulated by the U.S. FDA. E-cigarettes are effective in reducing tobacco related health conditions, while NRTs work best for smoking cessation. E-cigarettes are a potential threat to tobacco-based cigarettes, at the same time an opportunity for tobacco manufacturers to enter the emerging segment catering to the smoking population. Companies such as BAT, Lorillard, Japan Tobacco International, and Philip Morris International (PMI) collaborated with/acquired smaller firms that developed e-cigarettes. For instance, in April 2015, Japan Tobacco International announced the group has completed the acquisition of Logic Technology Development LLC ("Logic"), one of the leading U.S. e-cigarette brands.
This provides major companies in the cigarettes market to compensate for their on-going downward sales of cigarettes. This would give a major boost to the overall smoking cessation and nicotine de-addiction products market. Furthermore, the consideration that e-cigarettes are less harmful than regular cigarettes, varying nicotine levels and availability in various flavors are some of the major driving factors for e-cigarettes market.
Smoking Cessation and Nicotine De-addiction Products Market - Restraints
Major challenges in the smoking cessation and nicotine de-addiction products market include, product recalls by the manufacturer and companies, owing to increasing technical faults, health hazards associated with devices, and others. For instance, in June 2019, Sainsbury’s Argos (a chain of supermarkets in the U.K.) initiated a product recall of eight e-cigarettes as the external batteries supplied with the product were not compatible with the e-cigarettes and could overheat if used, potentially resulting in a fire or burn injury.
Furthermore, in April 2018, R.J. Reynolds Vapor Co. issued a nationwide safety recall in the U.S. of all Vuse Vibe power units for 2.6 million e-cigarettes after consumer reports that batteries malfunctioned and caused the units to overheat and create a fire risk. Moreover, increasing health hazards such as seizures and abnormal brain activities are other key factors that may hamper growth of the smoking cessation and nicotine de-addiction products market.
Smoking Cessation and Nicotine De-addiction Products Market - Regional Insights
On the basis of region, the global smoking cessation and nicotine de-addiction products market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global smoking cessation and nicotine de-addiction products market during the forecast period, owing to high demand of e-cigarette products. For instance, according to the U.S.FDA, among middle and high school students, 3.62 million were current users of e-cigarettes in 2018. Moreover, e-cigarette use, from 2017 to 2018, increased 78% among high school students (11.7% to 20.8%) and 48% among middle school students (3.3% to 4.9%).
Moreover, World Health Organization reported in 2015, over 1.1 billion people smoked tobacco worldwide, with the number increasing in Africa and in certain countries of Europe. Therefore, this could be a potential market for the manufacturers in the global smoking cessation and nicotine de-addiction products market.
Global Smoking Cessation and Nicotine De-addiction Products Market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027
Source: Coherent Market Insights Analysis (2019)
Smoking Cessation and Nicotine De-addiction Products Market - Competitive Landscape
Key players operating in the global smoking cessation and nicotine de-addiction products market include, Pfizer, Inc., GlaxoSmithKline Plc., Johnson & Johnson Limited, Cipla Limited, Perrigo Company Plc, Dr. Reddy’s Laboratories Limited, Imperial Brands Plc., NJOY, Inc., British American Tobacco P.L.C, and Japan Tobacco Inc.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Regulatory Landscape
- Epidemiology Analysis
- Technology Overview
- Promotion Initiatives
- Products in Research
- PEST Analysis
- Porter’s Five Forces Model
- Market Dynamics
- Global Smoking Cessation and Nicotine De-addiction Products Market, By Product Type, 2019 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Nicotine Replacement Therapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Over-the-Counter Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Nicotine Transdermal Patches
- Nicotine Gum
- Nicotine Lozenges
- Prescription Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Nicotine Inhalers
- Nicotine Spray
- Nicotine Sublingual Tablets
- Over-the-Counter Products
- Drugs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Varenicline
- Zyban (Bupropion)
- E-cigarettes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Modular
- Disposable
- Rechargeable
- Introduction
- Global Smoking Cessation and Nicotine De-addiction Products Market, By Distribution Channel, 2019 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
- Introduction
- Global Smoking Cessation and Nicotine De-addiction Products Market, By Region, 2019 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, By Regions, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, By Region, 2017 – 2027
- Regional Trends
- North America
- Market Size and Forecast, By Product Type, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
- U.S.
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Canada
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- U.S.
- Europe
- Market Size and Forecast, By Product Type, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
- U.K.
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Germany
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Italy
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- France
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Spain
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Russia
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- U.K.
- Asia Pacific
- Market Size and Forecast, By Product Type, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
- China
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Japan
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- India
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- ASEAN
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Australia
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- South Korea
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- China
- Latin America
- Market Size and Forecast, By Product Type, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
- Brazil
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Mexico
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Argentina
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Brazil
- Africa
- Market Size and Forecast, By Product Type, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Country/Region, 2019 – 2027, (US$ Million)
- North Africa
- Country/Region Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Central Africa
- Country/Region Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- South Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- North Africa
- Middle East
- Market Size and Forecast, By Product Type, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 – 2027, (US$ Million)
- Market Size and Forecast, By Country, 2019 – 2027, (US$ Million)
- GCC Countries
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Israel
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- Rest of Middle East
- Country Trends
- Market Size and Forecast, By Product Type, 2019 - 2027 (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2019 - 2027 (US$ Million)
- GCC Countries
- Introduction
- Competitive Landscape
- Company Profiles
- Pfizer, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- GlaxoSmithKline Plc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Johnson & Johnson Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Cipla Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Perrigo Company Plc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Reddy’s Laboratories Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Imperial Brands Plc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- NJOY, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- British American Tobacco PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Japan Tobacco Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Pfizer, Inc.
- Analyst Views
- Company Profiles
- Section
- References
- Research Methodology
- About Us and Sales Contact
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