Smoking Cessation and Nicotine De Addiction Products Market Insights Video

According to Cognitive Market Research, the global Smoking Cessation and Nicotine De-Addiction Products market size was USD 20614.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.80% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 8245.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6184.26 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4741.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 1030.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 412.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
• The gum held the highest Smoking Cessation and Nicotine De-Addiction Products market revenue share in 2024.