Lucintel Forecasts The Global Tobacco Alternative Gum Market To Reach $3 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global tobacco alternative gum market looks promising with opportunities in the pharmacies and chemist outlets, supermarkets and hypermarkets, and convenience stores markets. The global tobacco alternative gum market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2024 at a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are rising awareness of health risks associated with traditional tobacco and growing demand for smoking cessation products.
A more than 150-page report to understand trends, opportunity and forecast in global tobacco alternative gum market to 2030 by type (2-mg, 4-mg, and others), application (pharmacies & chemist outlets, supermarkets & hypermarkets, and convenience stores), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, 2-mg is expected to witness a higher growth over the forecast period.
Within the application category, pharmacies and chemist outlets is expected to witness the highest growth.
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In terms of regions, North America will remain the largest region over the forecast period due to growing awareness towards the adverse effects of the smoking in the region.
GlaxoSmithKline, Johnson & Johnson, Novartis, Impulse, Reynolds are the major suppliers in the tobacco alternative gum market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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