Title: Global Smoking Cessation and Nicotine De-addiction Products Market - Global Industry Insights, 2016–2024
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2Global Smoking Cessation and Nicotine
De-addiction Products Market Overview Are
E-cigarettes the E-asy Way Out of
Smoking? Cigarette packs have been mandatorily
carrying a warning stating 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,
focus on 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 FDA
approved products for smoking cessation
treatment. Besides, Buproprion (Zyban) and
Varenicline (Chantix) are the two non-nicotine
FDA approved products intended for smoking
cessation. Electronic nicotine delivery systems
(ENDS) are other emerging products aiding in
nicotine de-addiction. E-cigarettes can be
nicotine-based on non-nicotine based. The global
smoking cessation and nicotine de-addiction
products market was valued at US 11,285.7
million in 2015 and is expected to witness a
moderate CAGR of 17.3 during the forecast period
(2016 2024).
3REPORT DESCRIPTION
- Global Smoking Cessation and Nicotine
De-addiction Products Market Taxonomy - Global Smoking Cessation and Nicotine
De-addiction Products Market, By Product Type - Nicotine Replacement Therapy
- Drugs
- E-Cigarettes
- Global Smoking Cessation and Nicotine
De-addiction Products Market, By Distribution
Channel - Hospital Pharmacies
- Online Channel
- Retail Pharmacies
- Others
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4REPORT DESCRIPTION
- Global Smoking Cessation and Nicotine
De-addiction Products Market Taxonomy - Global Smoking Cessation and Nicotine
De-addiction Products Market, By Geography - North America
- Europe
- Asia-Pacific
- Rise in depression and anxiety among the
population globally is one of the major factors
expected to favor market growth for smoking
cessation and nicotine de-addiction products.
Rising trend among teenagers for taking up
smoking products and e-cigarettes due to
increasing peer pressure are further favoring
growth of the global smoking cessation and
nicotine de-addiction products market. The market
is estimated to witness considerable revenue
traction over the forecast period, due to
increasing lifestyle changes and government
initiatives promoting smoking cessation and
nicotine de-addiction products in Asia and
European countries is in turn expected to support
growth of the smoking cessation and nicotine
de-addiction products market in the near future. - Click here to know more about this report
https//www.coherentmarketinsights.com/market-insi
ght/smoking-cessation-and-nicotine-de-addiction-pr
oducts-market-134
5REPORT DESCRIPTION
- Global Smoking Cessation and Nicotine
De-addiction Products Market Key Players - Major players involved in the global smoking
cessation and nicotine de-addiction products
market include - Johnson Johnson Limited
- GlaxoSmithKline plc
- Novartis International AG
- Pfizer, Inc.
- Cipla Ltd.
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