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Nicotine Gum

Nicotine gum is a type of chewing gum that delivers nicotine to the body. It is used as an aid in nicotine replacement therapy (NRT), a process for smoking cessation and quitting smokeless tobacco. The nicotine is delivered to the bloodstream via absorption by the tissues of the mouth. The mechanism in Nicotine gums involves the release of nicotine which is absorbed by the body and binds with the nicotine receptors, reducing nicotine craving and withdrawal symptoms associated with smoking cessation. Despite high benefits, there are side-effects that include an increased heart rate, increased blood pressure, oral irritation, dental pain, hiccups, heartburn, nausea and indigestion, which has limited the nicotine gum potential demand. The Global Market for Nicotine Gum has witnessed continued demand during the last few years and is projected to reach USD 5,986 Million by 2022, at a CAGR of 3.01%. Rise in demand for Nicotine Replacement Therapy (NRT) and its products, will drive the demand higher for nicotine gum in the decade. Increase in health awareness and higher availability of nicotine gum globally will support the market growth in the coming years. The nicotine gum market, based on type, is segmented into 2 mg, 4 mg, and 6 mg dosage forms. The 2 mg segment dominated with a market share of more than 50% and is projected to grow at the highest CAGR of 3.35% during the forecast period. The global nicotine gum market is at the maturity stage of its life cycle. To tap the consumer market, various flavors of nicotine gums including lemon, cinnamon, fruit, mint and others, have been introduced. The unique features of the product including rapid alleviation of nicotine withdrawal symptoms, capability of protecting oral mucosa, fluid-engendering, and throat-moistening have contributed to the innovation in the nicotine gum market. The prime objective of innovation in the nicotine gum products and processes are that of achieving reductions in cigarette consumption by offering various product forms, flavors, and packaging styles.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: 1.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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