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PUBLISHER: Grand View Research | PRODUCT CODE: 1321430
PUBLISHER: Grand View Research | PRODUCT CODE: 1321430
Hangover Cure Products Market Size, Share & Trends Analysis Report By Product (Solutions, Patches), By Distribution Channel (Online, Offline), By Type, By Region, And Segment Forecasts, 2023 - 2030
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Hangover Cure Products Market Growth & Trends
The global hangover cure products market size is estimated to reach USD 6.18 billion by 2030, and grow at a CAGR of 14.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Over the past few years, the sales of hangover cure products have skyrocketed in the country. This increased availability has soared product adoption among Generation Z and millennials in the U.S. Increasing penetration of tablets/capsules worldwide is anticipated to have a positive impact on the market growth.
The market is poised for growth during the forecast period due to the increasing adoption of cure products and the growing awareness about anti-hangover products globally. Market players are expanding their presence by utilizing various distribution channels to reach a wider audience. In recent years, there has been a notable rise in consumer interest in functional foods and drinks worldwide. Therefore, ingredients that enhance energy, mental clarity, and mood, and reduce stress are expected to gain traction among consumers in the coming years. This trend towards functional foods and drinks presents opportunities for manufacturers of hangover cure products.
In addition, the widespread adoption of e-commerce has facilitated easy online distribution of hangover cure products globally. This development is anticipated to provide further opportunities for market players. The introduction of innovative hangover cure products through various distribution channels will play a vital role in driving market growth in the future.
Hangover Cure Products Market Report Highlights
- In terms of product, hangover cure tablets/capsules held a market share of 36.7% in 2022. Hangover cure tablets containing dihydromyricetin are majorly consumed worldwide. Nuun, a hydration solutions company, offers functional effervescent tablets to enhance energy levels and provides optimum hydration benefits. Such initiatives by market players will have a positive impact on segment growth over the forecast period
- Based on remedies, the shift in consumer inclination for remedies that offer benefits like rehydration, boosting antioxidant levels in the body, treating hangovers, and neutralizing alcohol by-products are expected to further drive the market's growth. The hangover remedies market is expected to hold a 64.8% market share by 2030
- The online channel is the leading platform for the sale of hangover cure products, with a global share of 57.7% in 2022. To expand their reach and customer base, FMCG companies and pharmaceutical firms are increasingly forging partnerships with third-party aggregators like CVS Health and Amazon.com to positively influence the segment's growth
- Market players are actively promoting their products as effective solutions for hangover prevention, which has contributed to the increased adoption of these products. In June 2022, a Swedish company, Myrkl, introduced a "pre-drinking pill" in the UK, claiming that it breaks down alcohol before it reaches the liver, thereby preventing the formation of toxic acetaldehyde
Product Code: GVR-4-68038-333-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Regional Outlook
Chapter 3. Hangover Cure Products Market Variables & Trends
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Suppliers Outlook
- 3.2.2. Technology Trends
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier Power
- 3.4.1.2. Buyer Power
- 3.4.1.3. Substitution Threat
- 3.4.1.4. Threat from New Entrant
- 3.4.1.5. Competitive Rivalry
- 3.4.1. Industry Analysis - Porter's
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Service Provider Adoption
- 4.5. Observations & Recommendations
Chapter 5. Hangover Cure Products Market: Product Analysis & Estimates
- 5.1. Product Movement Analysis & Market Share, 2022 & 2030
- 5.1.1. Solutions
- 5.1.1.1. Hangover cure solution market estimates and forecast, 2017 - 2030 (USD Million)
- 5.1.2. Tablets/Capsules
- 5.1.2.1. Hangover cure tablets/Capsules market estimates and forecast, 2017 - 2030 (USD Million)
- 5.1.3. Powder
- 5.1.3.1. Hangover cure powder market estimates and forecast, 2017 - 2030 (USD Million)
- 5.1.4. Patches
- 5.1.4.1. Hangover cure patches market estimates and forecast, 2017 - 2030 (USD Million)
- 5.1.1. Solutions
Chapter 6. Hangover Cure Products Market: Type Analysis & Estimates
- 6.1. Type Movement Analysis & Market Share, 2022 & 2030
- 6.1.1. Hangover prevention
- 6.1.1.1. Hangover prevention market estimates and forecast, 2017 - 2030 (USD Million)
- 6.1.2. Hangover remedies
- 6.1.2.1. Hangover remedies market estimates and forecast, 2017 - 2030 (USD Million)
- 6.1.1. Hangover prevention
Chapter 7. Hangover Cure Products Market: Distribution Channel Analysis & Estimates
- 7.1. Distribution Channel Movement Analysis & Market Share, 2022 & 2030
- 7.1.1. Online
- 7.1.1.1. Hangover cure products market, through online distribution, estimates, and forecast, 2017 - 2030 (USD Million)
- 7.1.2. Offline
- 7.1.2.1. Hangover cure products market, through offline distribution, market estimates and forecast, 2017 - 2030 (USD Million)
- 7.1.1. Online
Chapter 8. Hangover Cure Products Market: Regional Estimates & Trend Analysis
- 8.1. Hangover Cure Products Market: Regional Outlook
- 8.2. North America
- 8.2.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.2.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.2.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.2.4. U.S.
- 8.2.4.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.2.4.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.2.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.2.5. Canada
- 8.2.5.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.2.5.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.2.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.2.6. Mexico
- 8.2.6.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.2.6.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.2.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.3.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.3.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.4. U.K.
- 8.3.4.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.3.4.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.3.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.5. Germany
- 8.3.5.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.3.5.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.3.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.6. France
- 8.3.6.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.3.6.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.3.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.7. Spain
- 8.3.7.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.3.7.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.3.7.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.3.8. Russia
- 8.3.8.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.3.8.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.3.8.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.4.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.4. China
- 8.4.4.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.4.4.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.4.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.5. India
- 8.4.5.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.4.5.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.4.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.6. Japan
- 8.4.6.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.4.6.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.4.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.7. South Korea
- 8.4.7.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.4.7.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.4.7.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.8. Australia
- 8.4.8.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.4.8.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.4.8.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.5.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.4. Brazil
- 8.5.4.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.5.4.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.5.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.5. Argentina
- 8.5.5.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.5.5.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.5.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.6.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.6.4.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.6.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.5. Turkey
- 8.6.5.1. Market estimates and forecast, by product, 2017- 2030 (USD Million)
- 8.6.5.2. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
- 8.6.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Chapter 9. Hangover Cure Products Market: Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Service Provider Benchmarking
- 9.6. Company Market Share Analysis, 2022 (Value % Share)
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.8.1. Partnerships
- 9.8.2. Service Provider Launches
- 9.9. List of key companies analyzed in this section includes:
- 9.9.1. Abbott
- 9.9.2. Bayer AG
- 9.9.3. More Labs
- 9.9.4. The Himalaya Drug Company
- 9.9.5. Rally Labs LLC (Blowfish)
- 9.9.6. Flyby
- 9.9.7. Drinkwel, LLC
- 9.9.8. Cheers Health
- 9.9.9. Liquid I.V., Inc.
- 9.9.10. DOTSHOT
- 9.9.11. AfterDrink Ltd.
- 9.9.12. Toniiq
- 9.9.13. Purple Tree Labs
- 9.9.14. No Days Wasted
- 9.9.15. LES Labs (Detoxx)
- 9.9.16. EZ Lifestyle (Over EZ)
- 9.9.17. DrinkAde
- 9.9.18. Kaplan Laboratory, LLC (H-PROOF)
- 9.9.19. Bytox
- 9.9.20. Cheal Hangover Patch
- 9.9.21. Party Patch
- 9.9.22. Rebound Hangover Patch
- 9.9.23. TRIO Patch
- 9.9.24. SmartPatches
- 9.9.25. D-Tox Hangover Patches
- 9.9.26. La Mend, Inc. (The Good Patch)
- 9.9.27. RallyPatch, LLC
- 9.9.28. Ozmo Patch
- 9.9.29. Wet Buffalo Patch
- 9.9.30. LiveToShine
- 9.9.31. AWKN
Product Code: GVR-4-68038-333-1
List of Tables
- Table 1 Hangover cure products market - Driving factor market analysis
- Table 2 Hangover cure products market - Restraint factor market analysis
- Table 3 Hangover cure solutions market estimates and forecast, 2017 - 2030 (USD Million)
- Table 4 Hangover cure tablets/ capsules market estimates and forecast, 2017 - 2030 (USD Million)
- Table 5 Hangover cure powder market estimates and forecast, 2017 - 2030 (USD Million)
- Table 6 Hangover cure patches market estimates and forecast, 2017 - 2030 (USD Million)
- Table 7 Hangover prevention market estimates and forecast, 2017 - 2030 (USD Million)
- Table 8 Hangover cure solutions market estimates and forecast, 2017 - 2030 (USD Million)
- Table 9 Hangover remedies market estimates and forecast through online distribution, 2017 - 2030 (USD Million)
- Table 10 Hangover cure products market estimates and forecast through offline distribution, 2017 - 2030 (USD Million)
- Table 11 North America hangover cure products market estimates and forecast, 2017 - 2030 (USD Million)
- Table 12 Europe hangover cure products market estimates and forecast, 2017 - 2030 (USD Million)
- Table 13 Asia Pacific hangover cure products market estimates and forecast, 2017 - 2030 (USD Million)
- Table 14 Central and South America hangover cure products market estimates and forecast, 2017 - 2030 (USD Million)
- Table 15 Middle East & Africa hangover cure products market estimates and forecast, 2017 - 2030 (USD Million)
- Table 16 Company categorization
List of Figures
- Fig. 1 Hangover Cure Products Market Snapshot
- Fig. 2 Hangover Cure Products Market Segmentation & Scope
- Fig. 3 Hangover Cure Products Market Penetration & Growth Prospect Mapping
- Fig. 4 Hangover Cure Products Market Value Chain Analysis
- Fig. 5 Hangover Cure Products Market Dynamics
- Fig. 6 Hangover Cure Products Market Porter's Analysis
- Fig. 7 Hangover Cure Products Market: Product Movement Analysis
- Fig. 8 Hangover Cure Products Market: Type Movement Analysis
- Fig. 9 Hangover Cure Products Market: Distribution Channel Movement Analysis
- Fig. 10 Hangover Cure Products Market: Regional Movement Analysis
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