Thriving NRT Products will help Smoking Cessation and Nicotine De-addiction Products Market Reach US$16.02 Billion by 2019 - Transparency Market Research

The global smoking cessation and nicotine de-addiction products market was estimated to be worth US$5.1 billion in 2012 and is further expected to rise at a CAGR of 8.7% during the forecast period 2013-2019. At this rate, the market is expected to reach a value of US$16.02 billion by the end of 2019.

This report studies the global smoking cessation and nicotine de-addiction products market from the outlook of several product types available in the global market. Smoking cessation products typically include drug therapy, e-cigarettes, and nicotine replacement therapy (NRT) products. The NRT products market is further segmented into transdermal patches, nicotine containing gums, sublingual tablets, lozenges, sprays, and nasal inhalers.   Among these products, NRT products supply low doses of nicotine directly into the users’ bloodstream by the means of mouth sprays, flavored inhalers, patches, nicotine gums, lozenges, and tablets. These forms are quite popular on the market and highly effective during consumption. Especially, the market for nicotine gums had a value of US$995.5 million in 2012. 

Lozenges and nicotine patches are often used in smoking cessation therapies as some of the commonly available therapies obtainable without the need of a physician’s prescription. On the other hand, nicotine sprays and inhalers are less popular in the global market due to their high cost. The report also provides names of some prominent brands such as Chantix/Champix and Zyban, which are used for smoking cessation. According to the study, Nicorette is the most popular brand in the NRT segment of the smoking cessation and nicotine de-addiction market. Some of the other major players in the NRT product market are Novartis, Cipla, Glaxo Smith Klien (GSK), and Johnson and Johnson. 

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Browse Full Smoking Cessation and Nicotine De-addiction Products Market (Nicotine Gums, Patches, Lozenges, Inhalers, Sprays, Sublingual Tablets, Zyban, Chantix/Champix, E-cigarettes) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Research Report With Full TOC @ http://www.transparencymarketresearch.com/smoking-cessation-nicotine-de-addiction-products.html

The report provides information on each of these market players based on parameters such as product portfolio, business strategies, company overview, financial overview, and recent developments.

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