The global alternative tobacco and smoking cessation market size was USD 26.30 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.4% during the forecast period. Increasing prevalence of respiratory lung diseases, such as chronic bronchitis, rising investments and funding towards production of such devices, and rapid technological advancements are key factors driving market revenue growth.

The latest research report by Emergen Research, named ‘Global Alternative Tobacco and Smoking Cessation Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Alternative Tobacco and Smoking Cessation Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Alternative Tobacco and Smoking Cessation Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Alternative Tobacco and Smoking Cessation Market  

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Alternative Tobacco and Smoking Cessation market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Pfizer Inc., GSK plc., NJOY, VMR Products, LLC, McNeil AB, Takeda Pharmaceutical Company Ltd., NOVARTIS AG, JOHNSON JOHNSON, Imperial Brands PLC., and Perrigo Company plc

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Emergen Research has segmented the global Alternative Tobacco and Smoking Cessation market on the basis of type, application, end-use, and region:

• Product Type Outlook (Revenue, USD Billion; 2019-2032)

  • Nicotine Replacement Therapy (NRT)
    1. NRT Gums
    2. NRT Lozenges
    3. NRT Inhalers
    4. NRT Patches
    5. NRT Nasal Spray
  • Smokeless Tobacco
  • Electronic Cigarettes (e-cigarettes)
  • Heated Tobacco Products (HTPs)
  • Prescription Medications
  • Others

• End-use Outlook (Revenue, USD Billion; 2019-2032)

  • Hospital Pharmacies
  • Online Pharmacies
  • Retail Pharmacies

• Regional Outlook (Revenue, USD Billion; 2019-2032)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. UK
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of Middle East Africa

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Alternative Tobacco and Smoking Cessation Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Alternative Tobacco and Smoking Cessation Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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