Asia-Pacific Smoking Cessation and Nicotine De-Addictions Market, valued at USD 18,571.05 million in 2022, will reach USD 163,044.86 million by 2030, growing at a CAGR of 31.2 % during the forecast period of 2023 to 2030. National Center for Biotechnology Information, NCBI, states that NRTs increase the rate of quitting tobacco by 50 to 70%, in addition to this, in UK the license for some nicotine replacement therapies has been extended to allow longer term use for those who are not willing or able to quit immediately, thereby helping them to cut down smoking and facilitating the increase in the sales of the cessation products around the globe.
The global smoking cessation and nicotine de-addiction market is fragmented due to the presence of numerous regional and international vendors that compete on price points and product quality. Key vendors are increasing their R&D investments to develop new products and improve their existing products. They have significant geographical coverage and strong relationships with end-users. These vendors are focusing on expanding their businesses internationally and are generating a significant volume of their net sales from their international operations.
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The smoking cessation and nicotine de-addictions market is segmented on the basis of product type, treatment type, distribution channel, forms, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Product Type
• Nicotine Replacement Therapy Products
• Over-the-counter products
• Nicotine Transdermal patches
• Nicotine Lozenges
• Nicotine Gums
• Prescription Products
• Nicotine sprays
• Nicotine sublingual tablets
• Nicotine Inhalers
• Drug Therapy
• Zyban (Bupropion)
• Hospital Pharmacies
• Online Provider
• Drug stores and Retail Pharmacies
• Generation Z
• Generation X
• Silent Generation
Smoking cessation and nicotine de-addiction products play a pivotal role in aiding individuals to quit smoking and overcome nicotine dependence. These products encompass a diverse range, including nicotine patches, gum, lozenges, inhalers, and prescription drugs. By delivering controlled doses of nicotine or other compounds, these solutions mitigate withdrawal symptoms and cravings, thereby facilitating the quitting process.
The escalating prevalence of smoking-linked respiratory disorders, such as lung cancer, chronic obstructive pulmonary disease (COPD), and asthma, has catalyzed public health concerns. As awareness grows and individuals are motivated to quit smoking, the demand for smoking cessation and nicotine de-addiction products is witnessing an upward trajectory.
Highlight of Table of Content:
Chapter 1: Market overview
Chapter 2: Asia-Pacific Smoking Cessation and Nicotine De-Addictions Market Analysis
Chapter 3: Regional analysis of the Asia-Pacific Smoking Cessation and Nicotine De-Addictions Market
Chapter 4: Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the smoking cessation and nicotine de-addictions market are:
• Imperial Brands (U.K.)
• 22nd Century Group, Inc (U.S.)
• Pfizer Inc. (U.S)
• Dr. Reddy's Laboratories Ltd (India)
• GlaxoSmithKline Plc. (U.K.)
• British American Tobacco (U.K.)
• Cambrex Corporation (U.S.)
• Cipla Inc. (U.S.)
• Fertin Pharma (Denmark)
• Johnson and Johnson private limited (U.S.)
• Perrigo Company Plc (Ireland)
• Takeda Pharmaceutical Company Limited (Japan)
• Japan Tobacco Inc. (Japan)
Profound Questions Answered in this Report:
• What is the growth rate of various stages in the value chain of the industry?
• Which region has the highest growth rate and size of the emerging market by value in 2022?
• Who are the competitive players in Asia-Pacific Smoking Cessation and Nicotine De-Addictions Market?
• Which region has the largest share and degree of competition in the industry?
• What is the CAGR of the market during the forecast period 2023 to 2030?
• Which region is expected to hold the highest market share for the market?
• What is the main driver of the Asia-Pacific Smoking Cessation and Nicotine De-Addictions Market?
• What is sales volume, revenue, and price analysis of top players of the market?
• What are the market opportunities and threats faced by the vendors in the industry?
• What has been the impact of COVID-19 on the Asia-Pacific Smoking Cessation and Nicotine De-Addictions Market?
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