Hangover Cure Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently published an in-depth analysis of the global Hangover Cure Market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the Hangover Cure Market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The projected growth rate for the global hangover cure market stands at a CAGR of 8.9%, leading to a rise from US$2.3 billion in 2023 to US$4.2 billion by 2030's conclusion.

Key Insights:

Hangover Cure Market Size (2023E): US$2.3 Bn
Projected Market Value (2030F): US$4.2 Bn
Global Market Growth Rate (CAGR 2023 to 2030): 8.9%
Historical Market Growth Rate (CAGR 2018 to 2022): 8.3%

Hangover Cure Market- Report Scope:

Hangover cure supplements are utilized to alleviate the adverse effects of excessive alcohol consumption, including nausea, headaches, dehydration, and fatigue. These products, containing electrolytes, vitamins, and additives, aim to rehydrate the body, support liver function, and alleviate lethargy. The market is also witnessing the emergence of preventative products aimed at averting hangover symptoms before drinking alcohol. The market's growth is driven by increased alcohol consumption globally, facilitated by the accessibility of alcoholic beverages through online and offline channels. Additionally, heightened awareness among drinkers about the negative effects of alcohol and the availability of remedies contribute to market expansion.

Market Growth Drivers:

Increased acceptance and awareness of alcohol consumption have driven market growth. Factors such as improved living standards, societal acceptance, and easy access to alcohol contribute to rising consumption. Additionally, heightened awareness of alcohol's negative effects, driven by government initiatives and social media campaigns, has increased demand for remedies and preventive measures. Initiatives like the Global Information System on Alcohol and Health (GISAH) by WHO further support market growth and innovation in hangover cures.

Market Restraints:

The hangover cure market faces challenges from the growing preference for healthier, non-alcoholic beverages, reducing the need for hangover remedies. Additionally, doubts regarding the effectiveness of some products due to limited scientific evidence and regulatory restrictions on ingredients pose constraints on market growth.

Market Opportunities:

The consumer shift towards healthier drinks presents an opportunity for hangover cure manufacturers to develop products that offer holistic benefits, beyond just alleviating alcohol-related symptoms. Incorporating natural herbal ingredients and innovative blends can enhance product appeal and increase market penetration.

Key Questions Answered in the Report:

What are the key factors driving the growth of the Hangover Cure Market?
Which industry verticals are driving the demand for Hangover Cure?
How are technological advancements reshaping the competitive landscape of the Hangover Cure Market?
Who are the leading players in the global Hangover Cure Market?
What are the emerging trends and future prospects in the global Hangover Cure Market?

Competitive Intelligence and Business Strategy:

Key players in the hangover cure market, including Abbott, Bayer AG, and Rally Labs LLC, leverage their technological expertise and industry experience to offer innovative solutions. They focus on R&D, strategic partnerships, and enhancing user experience. Investments in new ingredients and collaborations with influencers and retailers like CVS and Walmart drive sales. To stay competitive, companies innovate with herbal additives like ginseng, prickly pear, turmeric, and milk thistle to meet consumer demand for health benefits and regulatory requirements.

Key Companies Profiled:

Abbott
Bayer AG
More Labs
The Himalaya Drug Company
Rally Labs LLC (Blowfish)
Flyby
Drinkwel, LLC
Cheers Health
Liquid I.V., Inc.
DOTSHOT
AfterDrink Ltd.
Toniiq

Hangover Cure Market Segmentation:

By Product:

Tablets/Capsule
Solution
Powder
Patches

By Type:

Hangover remedies
Hangover prevention

By Distribution Channel:

Online
Offline

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33931

1. Executive Summary

1.1. Global Hangover Cure Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Lifecycle Analysis
2.4. Hangover Cure Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Hangover Cure Market Outlook: Product
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
  - 3.3.3.1. Solutions
  - 3.3.3.2. Tablets/Capsules
  - 3.3.3.3. Powder
  - 3.3.3.4. Patches
3.4. Market Attractiveness Analysis: Product
3.5. Global Hangover Cure Market Outlook: Types
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Types, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
  - 3.5.3.1. Hangover Prevention
  - 3.5.3.2. Hangover Remedies
3.6. Market Attractiveness Analysis: Types
3.7. Global Hangover Cure Market Outlook: Distribution Channels
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Distribution Channels, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
  - 3.7.3.1. Online
  - 3.7.3.2. Offline
3.8. Market Attractiveness Analysis: Distribution Channels

4. Global Hangover Cure Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Product
- 5.3.3. By Types
- 5.3.4. By Distribution Channels
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 5.5.1. Solutions
- 5.5.2. Tablets/Capsules
- 5.5.3. Powder
- 5.5.4. Patches
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
- 5.6.1. Hangover Prevention
- 5.6.2. Hangover Remedies
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
- 5.7.1. Online
- 5.7.2. Offline

6. Europe Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Product
- 6.3.3. By Types
- 6.3.4. By Distribution Channels
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 6.5.1. Solutions
- 6.5.2. Tablets/Capsules
- 6.5.3. Powder
- 6.5.4. Patches
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
- 6.6.1. Hangover Prevention
- 6.6.2. Hangover Remedies
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
- 6.7.1. Online
- 6.7.2. Offline

7. East Asia Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Product
- 7.3.3. By Types
- 7.3.4. By Distribution Channels
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 7.5.1. Solutions
- 7.5.2. Tablets/Capsules
- 7.5.3. Powder
- 7.5.4. Patches
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
- 7.6.1. Hangover Prevention
- 7.6.2. Hangover Remedies
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
- 7.7.1. Online
- 7.7.2. Offline

8. South Asia & Oceania Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Product
- 8.3.3. By Types
- 8.3.4. By Distribution Channels
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 8.5.1. Solutions
- 8.5.2. Tablets/Capsules
- 8.5.3. Powder
- 8.5.4. Patches
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
- 8.6.1. Hangover Prevention
- 8.6.2. Hangover Remedies
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
- 8.7.1. Online
- 8.7.2. Offline

9. Latin America Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Product
- 9.3.3. By Types
- 9.3.4. By Distribution Channels
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 9.5.1. Solutions
- 9.5.2. Tablets/Capsules
- 9.5.3. Powder
- 9.5.4. Patches
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
- 9.6.1. Hangover Prevention
- 9.6.2. Hangover Remedies
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
- 9.7.1. Online
- 9.7.2. Offline

10. Middle East & Africa Hangover Cure Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Product
- 10.3.3. By Types
- 10.3.4. By Distribution Channels
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 10.5.1. Solutions
- 10.5.2. Tablets/Capsules
- 10.5.3. Powder
- 10.5.4. Patches
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Types, 2023 - 2030
- 10.6.1. Hangover Prevention
- 10.6.2. Hangover Remedies
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channels, 2023 - 2030
- 10.7.1. Online
- 10.7.2. Offline

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Tablets/Capsules
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Abbott
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Bayer AG
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. More Labs
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. The Himalaya Drug Company
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Rally Labs LLC (Blowfish)
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Flyby
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Drinkwel, LLC
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Cheers Health
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Liquid I.V., Inc.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. DOTSHOT
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. AfterDrink Ltd.
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Product
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy
- 11.3.12. Toniiq
  - 11.3.12.1. Overview
  - 11.3.12.2. Segments and Product
  - 11.3.12.3. Key Financials
  - 11.3.12.4. Market Developments
  - 11.3.12.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations