The global Hangover Cure Products market size is expected to be worth around US$ 8.67 billion by 2030, according to a new report by Vision Research Reports.
The global Hangover Cure Products market size was valued at US$ 2.56 billion in 2020 and is anticipated to grow at a CAGR of 20.6% during forecast period 2021 to 2030.
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Growth Factors
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.
With the growing consumer preference for herbal-based products, companies operating in the market are increasingly launching products containing herbal ingredients, such as milk thistle and other plant extracts, which help in protecting the liver, metabolizing acetaldehyde, and removing toxins from the body. Increasing penetration of cure products, along with the growing awareness about anti-hangover products worldwide, is likely to fuel the market growth during the forecast period. Companies operating in the market are increasingly expanding their reach by adopting various distribution channels.
Report Highlights
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. The robust demand for herbal hangover cure solutions is supported by numerous product launches, which is expected to favor the segment growth.
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. Several FMCG companies and pharmaceuticals are merging and collaborating with third-party aggregators, such as CVS Health, Amazon.com, Walmart, Walgreen Co., and Chemist Warehouse, to expand their consumer base. Such factors are likely to have a positive impact on segment growth.
Asia Pacific held the largest share of over 50.0% in 2020.The demand for hangover cure products is expected to increase in Asia Pacific in the coming years owing to the growing awareness about the benefits of alcohol detox products. These products include tonics for hangover prevention, which provide liver support, restore essential nutrients, help improve metabolism, reduce nausea caused due to excessive alcohol consumption, help rehydrate, and boost energy.
Key Players
| Report Coverage | Details |
| Market Size | US$ 8.67 billion by 2030 |
| Growth Rate | CAGR of 20.6% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Distribution Channel |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | 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; 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 |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Hangover Cure Products Market, By Product
7.1. Hangover Cure Products Market, by Product, 2021-2030
7.1.1. Solutions
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Tablets/Capsules
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Powder
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Patches
7.1.4.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Hangover Cure Products Market, By Distribution Channel
8.1. Hangover Cure Products Market, by Distribution Channel, 2021-2030
8.1.1. Online
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Offline
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Hangover Cure Products Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2030)
9.1.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2030)
9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2030)
9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2030)
9.2.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2030)
9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2030)
9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2030)
9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2030)
9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2030)
9.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2030)
9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2030)
9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2030)
9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2030)
9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2030)
9.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2030)
9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2030)
9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2030)
9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2030)
9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2030)
9.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2030)
9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2030)
9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
Chapter 10. Company Profiles
10.1. Abbott
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Bayer AG
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. More Labs
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. The Himalaya Drug Company
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Rally Labs LLC (Blowfish)
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Flyby
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Drinkwel, LLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Cheers Health
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Liquid I.V., Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. DOTSHOT
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. AfterDrink Ltd.
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. Toniiq
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives
10.13. Purple Tree Labs
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent Initiatives
10.14. No Days Wasted
10.14.1. Company Overview
10.14.2. Product Offerings
10.14.3. Financial Performance
10.14.4. Recent Initiatives
10.15. LES Labs (Detoxx)
10.15.1. Company Overview
10.15.2. Product Offerings
10.15.3. Financial Performance
10.15.4. Recent Initiatives
10.16. EZ Lifestyle (Over EZ)
10.16.1. Company Overview
10.16.2. Product Offerings
10.16.3. Financial Performance
10.16.4. Recent Initiatives
10.17. DrinkAde
10.17.1. Company Overview
10.17.2. Product Offerings
10.17.3. Financial Performance
10.17.4. Recent Initiatives
10.18. Kaplan Laboratory, LLC (H-PROOF)
10.18.1. Company Overview
10.18.2. Product Offerings
10.18.3. Financial Performance
10.18.4. Recent Initiatives
10.19. Bytox
10.19.1. Company Overview
10.19.2. Product Offerings
10.19.3. Financial Performance
10.19.4. Recent Initiatives
10.20. Liquid I.V., Inc.
10.20.1. Company Overview
10.20.2. Product Offerings
10.20.3. Financial Performance
10.20.4. Recent Initiatives
10.21. Cheal Hangover Patch
10.21.1. Company Overview
10.21.2. Product Offerings
10.21.3. Financial Performance
10.21.4. Recent Initiatives
10.22. Party Patch
10.22.1. Company Overview
10.22.2. Product Offerings
10.22.3. Financial Performance
10.22.4. Recent Initiatives
10.23. Rebound Hangover Patch
10.23.1. Company Overview
10.23.2. Product Offerings
10.23.3. Financial Performance
10.23.4. Recent Initiatives
10.24. TRIO Patch
10.24.1. Company Overview
10.24.2. Product Offerings
10.24.3. Financial Performance
10.24.4. Recent Initiatives
10.25. SmartPatches
10.25.1. Company Overview
10.25.2. Product Offerings
10.25.3. Financial Performance
10.25.4. Recent Initiatives
10.26. D-Tox Hangover Patches
10.26.1. Company Overview
10.26.2. Product Offerings
10.26.3. Financial Performance
10.26.4. Recent Initiatives
10.27. La Mend, Inc. (The Good Patch)
10.27.1. Company Overview
10.27.2. Product Offerings
10.27.3. Financial Performance
10.27.4. Recent Initiatives
10.28. RallyPatch, LLC
10.28.1. Company Overview
10.28.2. Product Offerings
10.28.3. Financial Performance
10.28.4. Recent Initiatives
10.29. Ozmo Patch
10.29.1. Company Overview
10.29.2. Product Offerings
10.29.3. Financial Performance
10.29.4. Recent Initiatives
10.30. Wet Buffalo Patch
10.30.1. Company Overview
10.30.2. Product Offerings
10.30.3. Financial Performance
10.30.4. Recent Initiatives
10.31. LiveToShine
10.31.1. Company Overview
10.31.2. Product Offerings
10.31.3. Financial Performance
10.31.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
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