Global Value of Smoking Cessation Products Market Is Estimated To Be Worth over USD 24 Bn In 2022
The market
for smoking cessation products is expected to reach USD 24 billion in 2022 and
USD 57 billion by 2032, growing at a CAGR of 9.2% between 2022 and 2032.
In 2022, the
market
for smoking cessation products will represent 3% of the overall smoking
market. During the assessment period of 2022–2032, the market for products to
help smokers quit is predicted to have an absolute dollar opportunity of USD 33
billion.
The report
predicts that developing countries will continue to have lower nicotine and
smoking cessation product demand than developed countries. According to the
study, developed nations were more willing to spend money on nicotine
replacement therapy and smoking cessation aids than developing nations.
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Report Attributes
Details
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