Hangover Cure Products Market Share, Strategies and Forecasts, Analysis and Overview 2028

Hangover Cure Products Industry Overview

The global hangover cure products market size is expected to reach USD 4.67 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.6% from 2021 to 2028. Consumers are becoming increasingly aware of the benefits associated with the consumption of hangover cure products, which help improve metabolism, reduce nausea caused due to excessive alcohol consumption, and hydrate the body.

North America hangover cure products market size, by product, 2018 - 2028 (USD Million)

Hangover Cure Products Market Segmentation

Grand View Research has segmented the global hangover cure products market on the basis of product, distribution channel, and region:

Based on the Products Insights, the market is segmented into Solutions, Tablets/Capsules, Powder, Patches.

  • The solutions segment dominated the market with a revenue share of over 35.0% in 2020. Owing to the increasing consumer preference for herbal and plant-based products, players operating in the market are using ingredients, such as ginseng, turmeric, and milk thistle, to manufacture hangover cure products. Moreover, with the growing awareness regarding the mild effects associated with the consumption of allopathic products, more consumers, especially millennials, are shifting toward traditional medicines, resulting in the increased demand for herbal solutions.

Based on the Distribution Channel Insights, the market is segmented into Online and Offline.

  • The offline channel segment accounted for the largest share of over 55.0% in 2020. Offline distribution channels such as pharmacies and health and wellness centers along with some supermarkets, hypermarkets, and departmental stores are the major distributors of hangover cure products. Most pharmacies, in order to expand their consumer base, are also offering delivery services.
  • The online channel segment is expected to witness the fastest growth over the forecast period. Online channels are the major platform for the sale of such products. With the emergence and rapid development of e-commerce and the high adoption of online shopping, hangover-cure product companies have been focusing on selling their products online, either through their own portals or e-commerce websites

Hangover Cure Products Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Central and South America
  • Middle East & Africa

Key Companies Profile & Market Share Insights

The market has been characterized by the presence of a few well-established players and a large number of small-sized players, including the unorganized sector in the industry.

Some of the prominent players operating in the global hangover cure products market include,

  • Abbott
  • Bayer AG
  • More Labs
  • The Himalaya Drug Company
  • Rally Labs LLC (Blowfish)
  • Flyby
  • Drinkwel, LLC
  • Cheers Health
  • Liquid I.V., Inc.
  • AfterDrink Ltd.
  • Toniiq
  • Purple Tree Labs
  • No Days Wasted
  • LES Labs (Detoxx)
  • EZ Lifestyle (Over EZ)
  • DrinkAde
  • Kaplan Laboratory, LLC (H-PROOF)
  • Bytox
  • Cheal Hangover Patch
  • Party Patch
  • Rebound Hangover Patch
  • TRIO Patch
  • SmartPatches
  • D-Tox Hangover Patches
  • La Mend, Inc. (The Good Patch)
  • RallyPatch, LLC
  • Ozmo Patch
  • Wet Buffalo Patch
  • LiveToShine

Order a free sample PDF of the Hangover Cure Products Market Intelligence Study, published by Grand View Research.

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