Global Nicotine Supply, Demand and Key Producers, 2023-2029

Global Nicotine Supply, Demand and Key Producers, 2023-2029

The global Nicotine market size is expected to reach $ 706.1 million by 2029, rising at a market growth of 4.2% CAGR during the forecast period (2023-2029).

Nicotine is classified into 95%, 99, and other types, and 99% purity nicotine was more popular in the market, with a market share of 88%. In terms of its application, e-liquid is its top application area, accounting for 78% market share; followed by pharmaceutical industry and biopesticides.There are several key players in the global nicotine market, they are Contraf Nicotex Tobacco (CNT), Alchem, Hong Kong and China Biotechnology, etc. Contraf Nicotex Tobacco (CNT) holds the largest market share with 24%. The top three global nicotine producers together account for about 40% of the market. Global origins are mainly located in North America, Europe, China, Japan, India, etc., with Europe holding the largest market share with 45%.

Nicotine(C10H14N2), with molecular weight of 162.24, specific gravity of 1.0097 and boiling point of 247℃(745 mmHg), is a colourless or slightly yellow oily liquid, which has rich hygroscopicity and is soluble in water, alcohols, ethers, chloroform and oils. The products must be packaged and stored under the protection of inert gas and light-avoiding environment, for nicotine is easy to become brown and oxidized in air or under light. Nicotine’s water solution is alkaline, which can form a salt with any kind of acid with 10.2 PH value of 0.05 mol.

This report studies the global Nicotine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Nicotine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Nicotine that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Nicotine total production and demand, 2018-2029, (MT)

Global Nicotine total production value, 2018-2029, (USD Million)

Global Nicotine production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (MT)

Global Nicotine consumption by region & country, CAGR, 2018-2029 & (MT)

U.S. VS China: Nicotine domestic production, consumption, key domestic manufacturers and share

Global Nicotine production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (MT)

Global Nicotine production by Type, production, value, CAGR, 2018-2029, (USD Million) & (MT)

Global Nicotine production by Application production, value, CAGR, 2018-2029, (USD Million) & (MT)

This reports profiles key players in the global Nicotine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Contraf Nicotex Tobacco (CNT), Alchem, BGP Health Care, AmeriNic, Nicobrand, Chemnovatic, Golden Leaf, Shanxi Ganghua and Xi'an Yunzhi Biological, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Nicotine market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (US$/Kg) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Nicotine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Nicotine Market, Segmentation by Type
95% Nicotine
99% Nicotine
Others

Global Nicotine Market, Segmentation by Application
E-Liquid
Pharmaceutical Industry
Biopesticide
Others

Companies Profiled:
Contraf Nicotex Tobacco (CNT)
Alchem
BGP Health Care
AmeriNic
Nicobrand
Chemnovatic
Golden Leaf
Shanxi Ganghua
Xi'an Yunzhi Biological
Hubei Heno Bilogical
Porton Pharma Solutions

Key Questions Answered

1. How big is the global Nicotine market?

2. What is the demand of the global Nicotine market?

3. What is the year over year growth of the global Nicotine market?

4. What is the production and production value of the global Nicotine market?

5. Who are the key producers in the global Nicotine market?

6. What are the growth factors driving the market demand?