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Nicotine Pouches Market Analysis

  • Report ID: GMI8604
  • Published Date: Mar 2024
  • Report Format: PDF

Nicotine Pouches Market Analysis

Based on the type, the market is segmented into flavored and non-flavored. In 2023, the flavored segment accounted for revenue of around USD 4.8 Billion in the year 2023 and is expected to reach USD 20.3 billion by 2032. Flavored nicotine pouches are particularly popular among younger demographics who are drawn to novel and trendy flavor options. Fruity and sweet flavors may attract younger consumers who are less interested in the taste of traditional tobacco. Companies are introducing new and unique flavor combinations to capture consumer interest and stay competitive in the market. For instance, the company ZYN's (Swedish Match) Cool Mint flavor was announced in October 2022 and is available in all of ZYN's nicotine pouch strengths, from Mellow to Extra Strong.
 

Nicotine Pouches Market Revenue Share, By Consumer Group, (2023)

Based on consumer group the nicotine pouches market is segmented into men and women. In 2023, the men segment emerged as the dominant, commanding a market share of around 67% and expected to reach 68% by 2032. Men concerned about the health risks associated with smoking may turn to nicotine pouches as a smoke-free alternative. Nicotine pouches can be easily carried and used on the go without the need for smoking paraphernalia, which in turn anticipates market expansion.
 

North America Nicotine Pouches Market Size, 2021 – 2032, (USD Billion)

The North America region currently holds the largest market share of 37% and expected to reach 39% by 2032. Nicotine pouches are often marketed as a safer alternative to traditional tobacco products like cigarettes because they do not involve combustion or the inhalation of smoke, which is a significant source of harm in tobacco use. The availability of flavors such as fruit, mint, and herbal attract younger consumers who are interested in the taste of traditional tobacco products and more drawn to novel and trendy options, which is driving business landscape.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Nicotine pouches market size was USD 6.6 billion in 2023 and is expected to register 17.5% CAGR from 2024-2032 owing to the increasing awareness of the health risks of smoking traditional tobacco products among consumers worldwide.

The flavored segment reached USD 4.8 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to being particularly popular among younger demographics who are drawn to novel and trendy flavor options.

North America nicotine pouches industry recorded 37% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to being marketed as a safer alternative to traditional tobacco products like cigarettes in the region.

Kretek International – Dryft, NGP Empire – Killa, Philip Morris International, R. J. Reynolds – Velo, Redwood – ZERO, Rogue – Rogue, Skoal – VELO, Swedish Match - On!, Swedish Match – ZYN, and Turning Point Brands – UPROAR, are some of the major nicotine pouches companies worldwide.

Nicotine Pouches Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 380
  • Countries covered: 23
  • Pages: 320
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