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Odd Lots

Zyns, Vapes and the Very Weird Market for New Nicotine Products

Jul 29, 2024
In this discussion, John Coogan, co-founder of Lucy Goods, delves into the booming market for nicotine products like Zyn and vapes. He shares insights on the regulatory maze new products must navigate and reveals the dramatic changes in consumer preferences. Coogan addresses the rise of nicotine pouches amid the decline of traditional cigarettes and the fallout of the Juul controversy. He also discusses the environmental challenges posed by disposable vapes and how branding strategies are adapting in this rapidly evolving landscape.
57:25

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The rising popularity of nicotine alternatives like Zyn and vapes reflects a growing shift away from traditional cigarettes among diverse consumer demographics.
  • Navigating complex FDA regulations significantly impacts the approval and market integration of new nicotine products, affecting competition and innovation in the sector.

Deep dives

The Rise of Nicotine Alternatives

Nicotine alternatives, such as Zinn and various other nicotine pouches, have significantly increased in popularity and usage in recent years. These products offer a tobacco-free means of nicotine delivery, catering to a market that is shifting away from traditional cigarettes. The podcast discusses the surge in sales and the establishment of a new culture around these products, particularly among younger consumers. This new wave of nicotine users has driven demand, leading to noticeable shortages in stores as supply struggles to keep up with the rising interest.

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