Europe Smoking Cessation and Nicotine De-Addiction Market is forecasted to grow at 25.3% with factors such as growing adoption of e-cigarettes is expected to fuel the growth of the market.
Europe smoking cessation and nicotine de-addiction market has shown an exceptional penetration in countries such as U.K, Germany and France with rise in awareness among population owing to increasing diseases from smoking. In countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the Europe smoking cessation and nicotine de-addiction market.
Europe Smoking Cessation and Nicotine De-Addiction Market Scenario
According to Data Bridge Market Research, the market for smoking cessation and nicotine de-addiction in the U.K. has the highest market share followed by Germany and France. Market leader is Imperial Brands which accounts an estimated market share of approximately 45% to 50% in the Europe smoking cessation and nicotine de-addiction market. The company has gained outstanding sale through innovative smoking cessation and nicotine de-addiction products for several industries.
- In September 2019, Dr. Reddy Laboratories Ltd. launched hydrochloride extended-release tablets, a therapeutically equivalent generic version of Zyban, in the U.S. market. It will help the company to increase its customer base.
Trends Impacting the Market
Now the question is which other regions Imperial Brands, Pfizer Inc. and Dr. Reddy Laboratories Ltd are targeting? Data Bridge Market Research has forecasted a large growth in U.K. smoking cessation and nicotine de-addiction market and the market leaders targeting Germany and France to be their next revenue pockets for 2021.
Europe smoking cessation and nicotine de-addiction market is becoming more competitive every year with companies such as Imperial Brands, Pfizer Inc. and Dr. Reddy Laboratories Ltd as they are the market leaders for Europe smoking cessation and nicotine de-addiction market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Europe smoking cessation and nicotine de-addiction market.
For more analysis on the Europe smoking cessation and nicotine de-addiction market request a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-smoking-cessation-and-nicotine-de-addictions-market
Europe Smoking Cessation and Nicotine De-Addiction Market Development
- In August 2019, British American Tobacco had announced that it had received approval from the South African Competition Commission to acquire Twisp, a leading South African vaping products company. Twisp is South Africa's biggest multi-chain vapour vending dealer. It is the number one choice for adult customers who try future lower-rises in South African countries and has approximately 70 dedicated outlets at prime regional sites, major supermarkets, and international e-commerce channels. This will help increase in revenue for British American Tobacco.
Scope of the Smoking Cessation and Nicotine De-Addiction Market
Europe smoking cessation and nicotine de-addiction market is segmented on the basis of countries into the Germany, U.K., Italy, France, Spain, Switzerland, Russia, Turkey, Belgium, Netherlands, and Rest of Europe.
- All country based analysis of Europe smoking cessation and nicotine de-addiction market is further analyzed based on further segmentation. On the basis of product type, the smoking cessation and nicotine de-addiction market is segmented into with nicotine and without nicotine. On the basis of treatment type, the smoking cessation and nicotine de-addiction market is segmented into pharmacological, therapies and others. On the basis of distribution channel, the smoking cessation and nicotine de-addiction market is segmented into online and offline. On the basis of end-user, the smoking cessation and nicotine de-addiction market is segmented into generation Z, millennials, generation X and silent generation
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Key Pointers Covered in Smoking Cessation and Nicotine De-Addiction Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Cipla Inc.
- Johnson & Johnson Services, Inc.
- Takeda Consumer Healthcare Company Limited
- Alkalon A/S
- 22nd Century Group, Inc.
- GlaxoSmithKline plc.
- Imperial Brands
- Japan Tobacco Inc.
- British American Tobacco,
- Perrigo Company plc,
- Fertin Pharma,
- Cambrex Corporation,
- Dr. Reddy’s Laboratories Ltd.,
- Pfizer Inc.
- Strides Pharma Science Limited
Above are the key players covered in the report, to know about more and exhaustive list of smoking cessation and nicotine de-addiction companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=europe-smoking-cessation-and-nicotine-de-addictions-market
Research Methodology: Europe Smoking Cessation and Nicotine De-Addiction Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Generation Z, Millennials, Generation X and Silent Generation
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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