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Ispire partners with Jincheng Pharma to enter fast-growing nicotine pouch market.

Company Fundamentals
12 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Ispire Technology Inc. has formed a joint venture with Shandong Jincheng Pharmaceutical Group to manufacture and sell nicotine pouch products, marking Ispire's entry into the rapidly expanding oral nicotine market. This partnership combines Jincheng's pharmaceutical-grade manufacturing and materials with Ispire's precision dosing and global distribution capabilities. The nicotine pouch market, valued at $7 billion in 2025, is expected to grow nearly 25% annually, potentially exceeding $40 billion by 2033. The joint venture aims to quickly scale production and capitalize on this growth, expanding Ispire's nicotine product portfolio beyond vaping hardware.

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