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Nicotine Pouches Market Share

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

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Nicotine Pouches Market Share

Global Company Market Share Analysis (2023)

The nicotine pouches industry is moderately fragmented with several regional players across the globe. In 2023, dominant market players, including Swedish Match – ZYN, British American Tobacco (BAT) – Lyft, Philip Morris International, Swedish Match - On! Japan Tobacco International (JTI) - Nordic Spirit. These companies often leverage their existing distribution networks and resources to penetrate the market. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence.

Nicotine Pouches Market Companies

Major players operating in the nicotine pouches industry are:

22nd Century Group - Moxy
Black Buffalo Inc. - Black Buffalo
British American Tobacco (BAT) - Lyft
GN Tobacco - White Fox
Japan Tobacco International (JTI) - Nordic Spirit
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
Turning Point Brands - UPROAR

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.