"NRT Smoking Cessation Aids in Canada" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Apr 03 2015

NRT smoking cessation aids posted slow growth of 2% in 2014 to reach C$151 million in current value terms. Similar to the previous year, the decrease in prevalence of tobacco use and rising desire of smokers to quit facilitated by a wide range of programs in Canada was one of the drivers for growth. NRT smoking cessation aids plays an important role in many of these programs. However, it is also facing challenges to alternatives like prescription smoking cessation product and e-cigarettes.

Competitive Landscape

NRT smoking cessation aids in Canada is highly concentrated and more regulated. McNeil Consumer Healthcare held the dominant value share of 86% in NRT smoking cessation aids. Novartis Consumer Health Canada held 11% share as the second largest player.

Industry Prospects

NRT smoking cessation aids is predicted to expand only marginally with a value CAGR of 1% at constant 2014 prices over the forecast period to reach C$158 million in 2019. The factors favouring further growth include the wider adoption of NRT products as well as federal and provincial programs using these products; while those which might limit growth include the continued decrease in the smoker base and competition from alternative solutions such as prescription and e-cigarettes. Meanwhile, the debate over the efficiency and cost/benefits analysis of using these products remains ongoing.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the NRT Smoking Cessation Aids industry in Canada with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the NRT Smoking Cessation Aids industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.

The NRT Smoking Cessation Aids in Canada market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Production, imports by origin, exports by destination
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of NRT Smoking Cessation Aids in Canada?
* What are the major brands in Canada?
* How have tobacco bans affected the sales of NRT Smoking Cessation Aids?

Reasons to Get this Report

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