The e-cigarette industry is expected to significantly use synthetic nicotine instead of natural nicotine
Electronic cigarette manufacturers turn their attention to Synthetic Nicotine. PMTA’s high application fee and technical threshold make small and medium-sized e-cigarette enterprises in trouble, so it turns its attention to Synthetic Nicotine.
At present, FDA mainly regulates the extraction of nicotine, while Synthetic Nicotine is in a regulatory vacuum. FDA defines tobacco products as any product made from or extracted from tobacco for human consumption, including any components, parts or accessories of tobacco products.
Therefore, more and more manufacturers use Synthetic Nicotine as a means to bypass FDA regulations. Due to the strong price advantage and large production scale of Synthetic Nicotine, the downstream e-cigarette industry is expected to greatly apply Synthetic Nicotine to replace natural nicotine in the future.
At the same time, the e-cigarette industry is not sensitive to the price of nicotine contained therein, giving Synthetic Nicotine a fertile land for substantial profit. The compound growth rate of synthetic nicotine market is expected to be about 30% in the future.
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