Market Analysis: Global Smoking Cessation and Nicotine De-Addiction Market
Global Smoking Cessation And Nicotine De-Addiction Market is expected to register a steady CAGR of 4.63% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the various government initiatives to reduce the number of individuals smoking, encouraging the population to adopt alternative methods of nicotine consumption.
The Smoking Cessation and Nicotine De-Addiction market research report investigates the qualities and shortcomings of the key players through SWOT examination and undertakings the Smoking Cessation and Nicotine De-Addiction market development of the key players during the forecasted time frame. The report additionally gives some significant suggestions and fills in as an accommodating manual for new just as existing players in the Smoking Cessation and Nicotine De-Addiction market. It aides the clients by furnishing them with solution and relevant inquiries as for the rising patterns and development openings in this ABC industry. The report utilizes different market tools and methodologies like SWOT analysis to analyze the overall structure of Smoking Cessation and Nicotine De-Addiction market.
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There are effective treatments that support tobacco cessation, including both behavioral therapies and FDA-approved medications. FDA-approved pharmacotherapies include various forms of nicotine replacement therapy as well as bupropion and varenicline. Research indicates that smokers who receive a combination of behavioral treatment and cessation medications quit at higher rates than those who receive minimal intervention.
Market Definition: Global Smoking Cessation and Nicotine De-Addiction Market
Smoking cessation and nicotine de-addiction is the program/process involving the usage of different therapeutic systems and devices inclusive of different drugs, lozenges, patches, e-cigarettes, inhalers, sprays and other varieties to reduce the dependence of an individual on nicotine and smoking. These programs improve the chances of a person quitting their addictive habits by reducing their need for nicotine consumption.
For competitor segment, the report includes global key players of Smoking Cessation and Nicotine De-Addiction Market Nicotex; Johnson & Johnson AG; GlaxoSmithKline plc; Imperial Brands; Pfizer Inc.; Takeda Consumer Healthcare Company Limited.; Alkalon A/S; 22nd Century Group Inc.; Dr. Reddy’s Laboratories Ltd.; Perrigo Company plc; Cambrex Corporation; Fertin Pharma; Enorama Pharma; Aflofarm and TABEX.NET among others.
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• Growing volume in adoption of e-cigarettes is expected to fuel the growth of the market
• Growing levels of taxation on cigarettes and fines on smoking in public places can also act as a driver for this market
• Long-term negative effects of smoking on individuals and the growth of awareness amongst the population regarding these effects is expected to boost the growth of the market
• Innovation and advancements in products presented by market players is also expected to drive this market growth
• Availability of specialised de-addiction centers and other organizations that rely on behavioural modification therapies is also expected to restrict the growth of the market
Segmentation: Global Smoking Cessation and Nicotine De-Addiction Market
By Product Type
• With Nicotine
o Over-The-Counter (OTC) Products
o Nicotine Gums
o Nicotine Patches
o Nicotine Lozenges
o Regular Lozenges
o Mini Lozenges
o Sublingual Lozenges
o Nicotine Tablets
o Prescription Products
o Nicotine Sprays
o Nicorette Buccal
o Nicotine Inhalers
• Without Nicotine
o Prescription Products
o Zyban (Bupropion)
o Chantix (Varenicline)
By Treatment Type
By Distribution Channel
o De-Addiction Centers
o Hospital Pharmacies
o Retail Pharmacies
o Retail Stores
• North America,
• South America,
• Middle East and Africa
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Key Developments in the Market:
• In May 2019, Nicorette announced the launch of a new variant of nicotine lozenges, coated with mints. “Nicorette Coated Ice Mint Lozenges” has been created in partnership with Dale Earnhardt Jr. to reduce the significant number of individuals smoking throughout the United States. The partnership also includes social media awareness creation along with a number of smokers wanting to reduce their nicotine dependence
• In December 2017, US FDA announced the organization of a smoking cessation awareness program to inform and educate smokers regarding the benefits of reducing their cigarette smoking and helping them quit their nicotine addiction through different motivational techniques. The program branded as “Every Try Counts” will target users of age group between 25-54 and will focus on various marketing channels and target areas such as retail outlets, convenience stores where a number of motivational messages are expected to reduce the prevalence of nicotine dependence
Global smoking cessation and nicotine de-addiction market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smoking cessation and nicotine de-addiction market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
• Competitive analysis of key competitors involved in the market
• Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
• Market drivers and restraints analysis along with the analysis of the market structure
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Table Of Content:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
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Key questions answered in Smoking Cessation and Nicotine De-Addiction Report:
• What will the Smoking Cessation and Nicotine De-Addiction market size and the growth rate be in 2026?
• What are the latest market trends impacting the growth of the Smoking Cessation and Nicotine De-Addiction market?
• Who are the global topmost manufacturers of Smoking Cessation and Nicotine De-Addiction industry: Company Outline, Product Specification and Major Types Analysis, Market Performance, Sales Market, Contact Information?
• What are the types and applications of Smoking Cessation and Nicotine De-Addiction? What is the market share of each type and application?
• What are the upstream raw materials and manufacturing equipment of Smoking Cessation and Nicotine De-Addiction? Up Stream Industries Analysis, Raw Material and Suppliers, Equipment and Suppliers, Manufacturing Analysis, Manufacturing Process, Manufacturing Cost Structure, Manufacturing Plants Distribution Analysis, Industry Chain Structure Analysis
• What is the global (North America, South America, Europe, Africa, Middle East, Asia, China, Japan) production, production value, consumption, consumption value, import and export of Smoking Cessation and Nicotine De-Addiction?
• What are the Smoking Cessation and Nicotine De-Addiction market opportunities and threats faced by the vendors in the global Smoking Cessation and Nicotine De-Addiction Industry?
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