Smoking Cessation Products Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Smoking Cessation Products Market must now include a warning that reads, "Smoking is Harmful to Your Health," and some countries have used even more graphic images of smoking victims. However, this has done very little to urge people to quit smoking. We only see campaigns to stop smoking within the smoking community because of the awareness produced by NGOs and global healthcare groups. Furthermore, the development of numerous alternative therapies in the worldwide smoking cessation and nicotine de-addiction products market has resulted from companies introducing therapies for smoking cessation. Nicotex, Nicogum, Smokefree, and KwikNic are some of the most popular nicotine replacement therapy (NRT) brands on the market for quitting smoking and overcoming nicotine addiction.
MARKET DYNAMICS
Smoking Cessation Products Market are electronic nicotine delivery systems (ENDS) that are regulated by the Food and Drug Administration in the United States. Smoking Cessation are effective in lowering tobacco-related health problems, but nicotine replacement therapy (NRT) is optimal for quitting smoking. E-cigarettes are a possible danger to tobacco-based cigarettes while also providing a chance for tobacco companies to penetrate the emerging smoking demographic segment. BAT, Lorillard, Japan Tobacco International, and Philip Morris International (PMI) all worked with or bought smaller e-cigarette companies.
MARKET SCOPE
The "Global Smoking Cessation Products Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the smoking cessation products market with detailed market segmentation by type and distribution channel. The global smoking cessation products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smoking cessation products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global smoking cessation products market is segmented into type and distribution channel. By type, the smoking cessation products market is classified into Chewing Gum, Patches, Inhalers, Lozenges, Nasal Sprays. By distribution channel, the smoking cessation products market is classified into Supermarkets and Hypermarkets, Specialty Stores, Online Retail and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global smoking cessation products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The smoking cessation products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the smoking cessation products market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the smoking cessation products market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global smoking cessation products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The smoking cessation products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the smoking cessation products market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the smoking cessation products market in these regions.
MARKET PLAYERS
The report covers vital developments in the smoking cessation products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the smoking cessation products market are anticipated to witness lucrative growth opportunities in the future with the rising demand smoking cessation products in the global market. Below mentioned is the list of few companies engaged in the smoking cessation products market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the smoking cessation products market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Johnson & Johnson Inc.
- GlaxoSmithKline plc
- Pfizer Inc.
- Perrigo Company plc
- Cipla Ltd
- ITC Limited
- Reynolds American Inc.
- Imperial Tobacco Ltd.
- Imperial Tobacco Ltd.
- Fertin Pharma
- Alkalon A/S
- Fontem Ventures
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smoking Cessation Products Market - By Type
1.3.2 Smoking Cessation Products Market - By Distribution Channel
1.3.3 Smoking Cessation Products Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMOKING CESSATION PRODUCTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SMOKING CESSATION PRODUCTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SMOKING CESSATION PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1. SMOKING CESSATION PRODUCTS - GLOBAL MARKET OVERVIEW
6.2. SMOKING CESSATION PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SMOKING CESSATION PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CHEWING GUM
7.3.1. Overview
7.3.2. Chewing Gum Market Forecast and Analysis
7.4. PATCHES
7.4.1. Overview
7.4.2. Patches Market Forecast and Analysis
7.5. INHALERS
7.5.1. Overview
7.5.2. Inhalers Market Forecast and Analysis
7.6. LOZENGES
7.6.1. Overview
7.6.2. Lozenges Market Forecast and Analysis
7.7. NASAL SPRAYS
7.7.1. Overview
7.7.2. Nasal Sprays Market Forecast and Analysis
8. SMOKING CESSATION PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SMOKING CESSATION PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Smoking Cessation Products Market Overview
9.1.2 North America Smoking Cessation Products Market Forecasts and Analysis
9.1.3 North America Smoking Cessation Products Market Forecasts and Analysis - By Type
9.1.4 North America Smoking Cessation Products Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Smoking Cessation Products Market Forecasts and Analysis - By Countries
9.1.5.1 United States Smoking Cessation Products Market
9.1.5.1.1 United States Smoking Cessation Products Market by Type
9.1.5.1.2 United States Smoking Cessation Products Market by Distribution Channel
9.1.5.2 Canada Smoking Cessation Products Market
9.1.5.2.1 Canada Smoking Cessation Products Market by Type
9.1.5.2.2 Canada Smoking Cessation Products Market by Distribution Channel
9.1.5.3 Mexico Smoking Cessation Products Market
9.1.5.3.1 Mexico Smoking Cessation Products Market by Type
9.1.5.3.2 Mexico Smoking Cessation Products Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Smoking Cessation Products Market Overview
9.2.2 Europe Smoking Cessation Products Market Forecasts and Analysis
9.2.3 Europe Smoking Cessation Products Market Forecasts and Analysis - By Type
9.2.4 Europe Smoking Cessation Products Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Smoking Cessation Products Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Smoking Cessation Products Market
9.2.5.1.1 Germany Smoking Cessation Products Market by Type
9.2.5.1.2 Germany Smoking Cessation Products Market by Distribution Channel
9.2.5.2 France Smoking Cessation Products Market
9.2.5.2.1 France Smoking Cessation Products Market by Type
9.2.5.2.2 France Smoking Cessation Products Market by Distribution Channel
9.2.5.3 Italy Smoking Cessation Products Market
9.2.5.3.1 Italy Smoking Cessation Products Market by Type
9.2.5.3.2 Italy Smoking Cessation Products Market by Distribution Channel
9.2.5.4 United Kingdom Smoking Cessation Products Market
9.2.5.4.1 United Kingdom Smoking Cessation Products Market by Type
9.2.5.4.2 United Kingdom Smoking Cessation Products Market by Distribution Channel
9.2.5.5 Russia Smoking Cessation Products Market
9.2.5.5.1 Russia Smoking Cessation Products Market by Type
9.2.5.5.2 Russia Smoking Cessation Products Market by Distribution Channel
9.2.5.6 Rest of Europe Smoking Cessation Products Market
9.2.5.6.1 Rest of Europe Smoking Cessation Products Market by Type
9.2.5.6.2 Rest of Europe Smoking Cessation Products Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Smoking Cessation Products Market Overview
9.3.2 Asia-Pacific Smoking Cessation Products Market Forecasts and Analysis
9.3.3 Asia-Pacific Smoking Cessation Products Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Smoking Cessation Products Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Smoking Cessation Products Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Smoking Cessation Products Market
9.3.5.1.1 Australia Smoking Cessation Products Market by Type
9.3.5.1.2 Australia Smoking Cessation Products Market by Distribution Channel
9.3.5.2 China Smoking Cessation Products Market
9.3.5.2.1 China Smoking Cessation Products Market by Type
9.3.5.2.2 China Smoking Cessation Products Market by Distribution Channel
9.3.5.3 India Smoking Cessation Products Market
9.3.5.3.1 India Smoking Cessation Products Market by Type
9.3.5.3.2 India Smoking Cessation Products Market by Distribution Channel
9.3.5.4 Japan Smoking Cessation Products Market
9.3.5.4.1 Japan Smoking Cessation Products Market by Type
9.3.5.4.2 Japan Smoking Cessation Products Market by Distribution Channel
9.3.5.5 South Korea Smoking Cessation Products Market
9.3.5.5.1 South Korea Smoking Cessation Products Market by Type
9.3.5.5.2 South Korea Smoking Cessation Products Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Smoking Cessation Products Market
9.3.5.6.1 Rest of Asia-Pacific Smoking Cessation Products Market by Type
9.3.5.6.2 Rest of Asia-Pacific Smoking Cessation Products Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Smoking Cessation Products Market Overview
9.4.2 Middle East and Africa Smoking Cessation Products Market Forecasts and Analysis
9.4.3 Middle East and Africa Smoking Cessation Products Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Smoking Cessation Products Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Smoking Cessation Products Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Smoking Cessation Products Market
9.4.5.1.1 South Africa Smoking Cessation Products Market by Type
9.4.5.1.2 South Africa Smoking Cessation Products Market by Distribution Channel
9.4.5.2 Saudi Arabia Smoking Cessation Products Market
9.4.5.2.1 Saudi Arabia Smoking Cessation Products Market by Type
9.4.5.2.2 Saudi Arabia Smoking Cessation Products Market by Distribution Channel
9.4.5.3 U.A.E Smoking Cessation Products Market
9.4.5.3.1 U.A.E Smoking Cessation Products Market by Type
9.4.5.3.2 U.A.E Smoking Cessation Products Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Smoking Cessation Products Market
9.4.5.4.1 Rest of Middle East and Africa Smoking Cessation Products Market by Type
9.4.5.4.2 Rest of Middle East and Africa Smoking Cessation Products Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Smoking Cessation Products Market Overview
9.5.2 South and Central America Smoking Cessation Products Market Forecasts and Analysis
9.5.3 South and Central America Smoking Cessation Products Market Forecasts and Analysis - By Type
9.5.4 South and Central America Smoking Cessation Products Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Smoking Cessation Products Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Smoking Cessation Products Market
9.5.5.1.1 Brazil Smoking Cessation Products Market by Type
9.5.5.1.2 Brazil Smoking Cessation Products Market by Distribution Channel
9.5.5.2 Argentina Smoking Cessation Products Market
9.5.5.2.1 Argentina Smoking Cessation Products Market by Type
9.5.5.2.2 Argentina Smoking Cessation Products Market by Distribution Channel
9.5.5.3 Rest of South and Central America Smoking Cessation Products Market
9.5.5.3.1 Rest of South and Central America Smoking Cessation Products Market by Type
9.5.5.3.2 Rest of South and Central America Smoking Cessation Products Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SMOKING CESSATION PRODUCTS MARKET, KEY COMPANY PROFILES
11.1. JOHNSON AND JOHNSON INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GLAXOSMITHKLINE PLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. PFIZER INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PERRIGO COMPANY PLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CIPLA LTD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ITC LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. REYNOLDS AMERICAN INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. IMPERIAL TOBACCO LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. IMPERIAL TOBACCO LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. FERTIN PHARMA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. ALKALON A/S
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
11.12. FONTEM VENTURES
11.12.1. Key Facts
11.12.2. Business Description
11.12.3. Products and Services
11.12.4. Financial Overview
11.12.5. SWOT Analysis
11.12.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Johnson and Johnson Inc.
2.GlaxoSmithKline plc
3.Pfizer Inc.
4.Perrigo Company plc
5.Cipla Ltd
6.ITC Limited
7.Reynolds American Inc.
8.Imperial Tobacco Ltd.
9.Imperial Tobacco Ltd.
10.Fertin Pharma
11.Alkalon A/S
12.Fontem Ventures
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.