Nicotine Gum Market Trend, Research Analysis and Forecast to 2022
Market Overview Global Nicotine Gum Market for has witnessed continued demand during the last few years and is projected to reach USD 5,986 Million by 2022, at a CAGR of 3.01%, in terms of. Increase in demand for Nicotine Replacement Therapy (NRT) and its products, will drive the demand higher for nicotine gum in the decade. Increase in health awareness and higher availability of nicotine gum globally will support the market growth in the coming years. Increase in awareness on the benefits of NRT products in terms of both efficacy and effectiveness has resulted in higher demand for nicotine replacement therapy (NRT) products including nicotine gums. The prime objective of innovation in nicotine gum products and processes include achieving reductions in cigarette consumption by offering various product forms, flavors, and packaging styles. According tobacco Australia, NRT helps in long-term quitting by 50–70%. Some studies reveal that use of nicotine gum or inhaler can help smok...