Nicotine is an important component of tobacco alkaloids and is widely used in electronic cigarettes and/or recreational applications. Usually nicotine is extracted from tobacco, but it usually contains many compounds that are unhealthy to the human system. This has given birth to the development of synthetic high-purity nicotine. Currently, only Next Generation Labs can produce synthetic nicotine.
This report contains market size and forecasts of Synthetic Nicotine in global, including the following market information:
Global Synthetic Nicotine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Synthetic Nicotine Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Synthetic Nicotine companies in 2021 (%)
The global Synthetic Nicotine market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Purity: >99% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Synthetic Nicotine include Next Generation Labs, Chemnovatic and Jincheng Pharmaceutical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Synthetic Nicotine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Nicotine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Synthetic Nicotine Market Segment Percentages, by Type, 2021 (%)
Purity: >99%
Purity: >99.5%
Global Synthetic Nicotine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Synthetic Nicotine Market Segment Percentages, by Application, 2021 (%)
E-Cigarette
Drugs
Other
Global Synthetic Nicotine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Synthetic Nicotine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Nicotine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Synthetic Nicotine revenues share in global market, 2021 (%)
Key companies Synthetic Nicotine sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Synthetic Nicotine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Next Generation Labs
Chemnovatic
Jincheng Pharmaceutical