Shrink Sleeve Labels Market 2016 market Share, Regional Analysis and Nicotine Gum Market 2016 to 2022 – Production, Mar

Nicotine Gum Market– Production, Market Analysis, Growth, Trends and Forecasts Market Research Future published a Cooked Research Report (CRR) on Global Nicotine Gum Market which is estimated to grow more than 3.01% after 2022 Market Overview Global Market for Nicotine Gum 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. 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. 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. Market Forecast 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. According tobacco Australia, NRT helps in long-term quitting by 50–70%. Some studies reveal that use of nicotine gum or inhaler can help smokers to reduce the number of cigarettes they smoke and their intake of carbon monoxide. The nicotine gum market, based on type, is segmented into 2 mg, 4 mg, and 6 mg dosage forms. The 2 mg segment of Nicotine Gum had the largest market share in the year 2015, and is projected to grow at a CAGR of 3.35% during the forecast period. The 2 mg market segment has been targeted for those who smoke fewer than 25 cigarettes a day. The second dosage segment inclusive of 1 mg, 6 mg and other dosage forms witnessed an increased market growth during the period, 2011-2015. Tel: [phone] [email protected]