Skip to main content

Tobacco Alternative Gums Market will Exhibit Negative Impact During 2020-2024 | Growing Demand for Nicotine Gum in Smoking Cessation Therapy to Improve the Market Growth | Technavio

Technavio has been monitoring the tobacco alternative gums market, operating under the industrials. The latest report on tobacco alternative gums market, 2020-2024 estimates it to register an incremental growth of USD 660.60 million, at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201019005438/en/

Technavio has announced its latest market research report titled Global Tobacco Alternative Gums Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Tobacco Alternative Gums Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download Latest Free Sample Report on COVID-19 Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Alchem International Pvt. Ltd., Cambrex Corp., Cipla Inc., Dr. Reddys Laboratories Ltd., GlaxoSmithKline Plc, ITC Ltd., Johnson & Johnson, Novartis AG, Perrigo Co. Plc, and Takeda Pharmaceutical Co. Ltd. are among some of the major market participants.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Demand for nicotine gum in smoking cessation therapy has been instrumental in driving the growth of the market. However, the lack of efficient chewing gum disposable techniques might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Tobacco Alternative Gums Market 2020-2024: Segmentation

Tobacco Alternative Gums Market is segmented as below:

  • Type
    • 2-mg Nicotine Gum
    • 4-mg Nicotine Gum
  • Geographic Landscape
    • North America
    • Europe
    • APAC
    • MEA
    • South America

Based on geographic segmentation, over 42% of the market growth originated from North America during the forecast period. In addition, 2-mg nicotine gums led the growth under the type segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Tobacco Alternative Gums Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The tobacco alternative gums market report covers the following areas:

  • Tobacco Alternative Gums Market Size
  • Tobacco Alternative Gums Market Trends
  • Tobacco Alternative Gums Market Industry Analysis

This study identifies the rising prices of cigarettes as one of the prime reasons driving the Tobacco Alternative Gums Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Tobacco Alternative Gums Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist tobacco alternative gums market growth during the next five years
  • Estimation of the tobacco alternative gums market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the tobacco alternative gums market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of tobacco alternative gums market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • 2-mg nicotine gum - Market size and forecast 2019-2024
  • 4-mg nicotine gum - Market size and forecast 2019-2024
  • Market opportunity by Type

Market Segmentation by Distribution Channel

  • Offline
  • Online

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alchem International Pvt. Ltd.
  • Cambrex Corp.
  • Cipla Inc.
  • Dr. Reddys Laboratories Ltd.
  • GlaxoSmithKline Plc
  • ITC Ltd.
  • Johnson & Johnson
  • Novartis AG
  • Perrigo Co. Plc
  • Takeda Pharmaceutical Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

Contacts:

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/

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.