You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN, May 11, 2020 /PRNewswire/ -- The "Nicotine Gum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. The global nicotine gum market is currently witnessing a healthy growth. Looking forward, the market is projected to grow at a CAGR of around 4% during 2020-2025.The rising instances of lung cancer and other respiratory disorders is one of the key factors driving the growth of the market. Smoking is known to cause various chronic diseases, such as coronary heart disease (CHD), stroke, oropharyngeal cancer, esophageal cancer, tuberculosis, rheumatoid arthritis and various immunity-related ailments. The rising awareness regarding these ailments, along with the increasing health consciousness, is contributing to the market growth.Additionally, widespread adoption of smoking cessation therapies is acting as another growth-inducing factor. Various government and non-government organizations (NGOs) across both the developed and emerging nations are promoting the usage of smoking cessation products, such as nicotine gums, to assist individuals, especially the youth, with tobacco addiction.Other factors, including various product innovations such as the development of nicotine lozenges, rapid urbanization and extensive research and development activities, are projected to drive the market further.The competitive landscape of the industry has also been examined with some of the key players being British American Tobacco, Cambrex Corporation, GlaxoSmithKline, ITC Limited, Johnson & Johnson Services, Novartis, Perrigo, Pfizer, Takeda Pharmaceutical Company, etc.Key Questions Answered How has the global nicotine gum market performed so far and how will it perform in the coming years? What are the key regional markets? What is the breakup of the market based on the type? What is the breakup of the market based on the application? What is the breakup of the market based on the distribution channel? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global nicotine gum market and who are the key players? What is the degree of competition in the industry? Key Topics Covered 1 Preface2 Scope and Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Nicotine Gum Market5.1 Market Overview5.2 Market Performance5.3 Market Forecast6 Market Breakup by Type6.1 2 Mg Nicotine Gum6.2 4 Mg Nicotine Gum6.3 6 Mg Nicotine Gum7 Market Breakup by Application7.1 Withdrawal Clinics7.2 Medical Practice7.3 Individual Smokers7.3 Others8 Market Breakup by Distribution Channel8.1 Retail Pharmacies8.2 Specialty Stores8.3 Online Stores8.4 Others9 Market Breakup by Region9.1 North America9.2 Asia-Pacific9.3 Europe9.4 Latin America9.5 Middle East & Africa10 SWOT Analysis10.1 Overview10.2 Strengths10.3 Weaknesses10.4 Opportunities10.5 Threats11 Value Chain Analysis12 Porters Five Forces Analysis12.1 Overview12.2 Bargaining Power of Buyers12.3 Bargaining Power of Suppliers12.4 Degree of Competition12.5 Threat of New Entrants12.6 Threat of Substitutes13 Price Analysis14 Competitive Landscape14.1 Market Structure14.2 Key Players14.3 Profiles of Key Players British American Tobacco Cambrex Corporation GlaxoSmithKline ITC Limited Johnson & Johnson Services Novartis Perrigo Pfizer Takeda Pharmaceutical Company For more information about this report visit https://www.researchandmarkets.com/r/h68v49 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Nicotine Gum Industry, 2025