Smoking Cessation and Nicotine De-Addiction Market Demand, Key Players, Size, Share

The rise in the number of people trying to quit smoking across the globe acts as one of the major factors driving the growth of smoking cessation and nicotine de-addiction market. Government is emphasizing strict regulations to control the nicotine and cigarette addiction due to its toxic effects on cardiac and respiratory systems, and high taxes on tobacco products accelerate the market growth. The increase in the government policies in relation to smoking cessation include smoking prohibition in public places and growth in awareness regarding ill effects of smoking among population further influence the market. Additionally, high adoption of ill lifestyle options, rapid urbanization and surge in disposable income positively affect the smoking cessation and nicotine de-addiction market. Furthermore, government initiatives to promote awareness extend profitable opportunities to the market players in the forecast period of 2021 to 2028.