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0 -0.00101559232929097 -0.000776629428281232 0.00017922217575722 0.00280781408686301 0.00197144393332926 0.000776629428281232 0.00125455523030037
Stock impact report

Tobacco Alternative Gums Market Strategic Business Report 2024: Introduction of Sugar-Free and Low-Calorie Options [Yahoo! Finance]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Yahoo! Finance
The global market for Tobacco Alternative Gums was estimated at US$2.9 Billion in 2023, and is projected to reach US$4.3 Billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030. Key Market Trends & Drivers: Rising Health Awareness and Anti-Smoking Campaigns Increasing Regulatory Restrictions on Tobacco Products Innovations in Flavor and Product Formulations Growing Popularity of Nicotine Replacement Therapies (NRTs) Expansion in Retail Distribution Channels Demand for Over-the-Counter Smoking Cessation Aids Technological Advancements in Gum Manufacturing Influence of Social Media and Digital Marketing Introduction of Sugar-Free and Low-Calorie Options Growing Adoption in Emerging Markets Key Insights: Market Growth: Understand the significant growth trajectory of the 2 mg Nicotine Content Gums segment, which is expected to reach US$3.5 Billion by 2030 with a CAGR of a 6.4%. The 4 mg Nicotine Content Gums segment is also set to grow at 4.5% CAGR over the Show less Read more
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