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Hangover Cure Products Market Size, Share & Trends Analysis Report by Product (Solutions, Tablets/Capsules, Powder, Patches), by Distribution Channel (Online, Offline), by Region, and Segment Forecasts, 2021-2028

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    Report

  • 111 Pages
  • September 2021
  • Region: Global
  • Grand View Research
  • ID: 5440527
The global hangover cure products market size is expected to reach USD 4.67 billion by 2028, according to a new report by the publisher. 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.

Over the past few years, consumers over the world are becoming more enthusiastic about functional foods and drinks. Therefore, ingredients that boost energy, mental clarity, and mood and reduce stress are expected to appeal to consumers in the upcoming years. This trend of functional foods and drinks is likely to create opportunities for hangover cure products manufacturers.

Furthermore, with the growing demand for the products, an increasing number of investors are showing interest in the market. For instance, in April 2018, 82Labs, a U.S.-based start-up that produces hangover rehydration drinks, raised USD 8 million in funding from investors such as Altos Ventures, Thunder Road Capital, Strong Ventures, and Slow Ventures. Similarly, in 2019, Cheers Health Inc., a Texas-based company, raised an amount of USD 2.1 million in seed funding for building its brand and upgrading products. Such fundraisings will help companies develop new and innovative products and expand their reach.

Nutritional profile and the presence of natural ingredients are other important factors influencing the buying decisions of consumers. Various herbs and botanicals are gaining traction among consumers. Product promotion also influences consumers’ buying decisions in both countries. Hangover cure products have been gaining immense popularity due to the buzz created on social media platforms.

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. Owing to the growing preference for herbal products, market players in Asia Pacific are focusing on using herbal ingredients in their supplements. For instance, in February 2019, Baidyanath Group introduced Armr, a herbal anti-hangover product, and Shunya, a herb-infused vitamin drink, in India. Such initiatives are likely to fuel the market growth over the forecast period.

Hangover Cure Products Market Report Highlights

  • By product, the solutions segment accounted for the largest share of over 35.0% in 2020. The demand for herbal hangover cure solutions is increasing on account of the numerous product launches
  • The online distribution channel segment is expected to witness the fastest growth over the forecast period. The growth of the segment is attributed to the emergence and rapid development of e-commerce and the high adoption of online shopping
  • Asia Pacific held the largest share of over 50.0% in 2020. The growing awareness about the benefits of alcohol detox products is expected to increase the demand for hangover cure products in the Asia Pacific in the coming years. Europe is expected to expand at the fastest CAGR of 15.4% over the forecast period
Frequently Asked Questions about the Global Hangover Cure Products Market

What is the estimated value of the Global Hangover Cure Products Market?

The Global Hangover Cure Products Market was estimated to be valued at $1.56 Billion in 2020.

What is the growth rate of the Global Hangover Cure Products Market?

The growth rate of the Global Hangover Cure Products Market is 14.7%, with an estimated value of $4.67 Billion by 2028.

What is the forecasted size of the Global Hangover Cure Products Market?

The Global Hangover Cure Products Market is estimated to be worth $4.67 Billion by 2028.

Who are the key companies in the Global Hangover Cure Products Market?

Key companies in the Global Hangover Cure Products Market include Abbott, Bayer AG, More Labs, Flyby Ventures LLC, Cheers Health Inc., Himalaya Wellness, Rally Labs LLC, Drinkwel, LLC and DOTSHOT.

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. 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. Product Outlook
2.3. Distribution Channel Outlook
2.4. Regional Outlook
2.5. Competitive Insights
Chapter 3. Hangover Cure Products Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trend
3.3.2. Manufacturing & Technology Trends
3.3.3. Sales Channel Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Hangover Cure Products Market
3.8. Market Entry Strategies
3.9. Impact of COVID-19 on the Hangover Cure Products Market
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Hangover Cure Products Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2020 & 2028
5.2. Solutions
5.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.3. Tablets/Capsules
5.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.4. Powder
5.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.5. Patches
5.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 6. Hangover Cure Products Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2020 & 2028
6.2. Offline
6.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.3. Online
6.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 7. Hangover Cure Products Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2020 & 2028
7.2. North America
7.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.2.1.1. Market estimates and forecast, by product,2016 - 2028 (USD Million)
7.2.1.2. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.2.2. U.S.
7.2.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.2.2.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.2.2.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.3.1.1. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.3.1.2. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.3.2. U.K.
7.3.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.3.2.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.3.2.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.3.3. Germany
7.3.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.3.3.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.3.3.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.4.1.1. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.4.1.2. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.4.2. China
7.4.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.4.2.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.4.2.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.4.3. India
7.4.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.4.3.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.4.3.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.4.4. Japan
7.4.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.4.4.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.4.4.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.4.5. Australia
7.4.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.4.5.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.4.5.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.5. Central and South America
7.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.5.1.1. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.5.1.2. Market estimates and forecast, by demography, 2016 - 2028 (USD Million)
7.5.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.5.2. Brazil
7.5.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.5.2.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.5.2.3. Market estimates and forecast, by demography, 2016 - 2028 (USD Million)
7.5.2.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.6. Middle East and Africa
7.6.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.6.1.1. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.6.1.2. Market estimates and forecast, by demography, 2016 - 2028 (USD Million)
7.6.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
7.6.2. South Africa
7.6.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.6.2.2. Market estimates and forecast, by product, 2016 - 2028 (USD Million)
7.6.2.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2020
Chapter 9. Company Profiles
9.1. Abbott
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Bayer AG
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. More Labs
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Type Benchmarking
9.3.4. Strategic Initiatives
9.4. Flyby Ventures LLC
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Cheers Health Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Himalaya Wellness
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Rally Labs LLC
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Drinkwel, LLC
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Liquid I.V., Inc.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. DOTSHOT
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. Toniiq
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. NoDaysWasted
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Strategic Initiatives
9.13. Purple TreeLabs
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Strategic Initiatives
9.14. LES Labs
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Strategic Initiatives
9.15. EZ Lifestyle (Over EZ)
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Strategic Initiatives
9.16. DrinkAde
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Strategic Initiatives
9.17. Kaplan Laboratory LLC (H-PROOF)
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. Product Benchmarking
9.17.4. Strategic Initiatives
9.18. Bytox
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. Product Benchmarking
9.18.4. Strategic Initiatives
9.19. Cheal Hangover Patch
9.19.1. Company Overview
9.19.2. Financial Performance
9.19.3. Product Benchmarking
9.19.4. Strategic Initiatives
9.20. Party Patch
9.20.1. Company Overview
9.20.2. Financial Performance
9.20.3. Product Benchmarking
9.20.4. Strategic Initiatives
9.21. Rebound Hangover Fix
9.21.1. Company Overview
9.21.2. Financial Performance
9.21.3. Product Benchmarking
9.21.4. Strategic Initiatives
9.22. TRIO Patch
9.22.1. Company Overview
9.22.2. Financial Performance
9.22.3. Product Benchmarking
9.22.4. Strategic Initiatives
9.23. SmartPatches
9.23.1. Company Overview
9.23.2. Financial Performance
9.23.3. Product Benchmarking
9.23.4. Strategic Initiatives
9.24. DTOX Hangover Patch
9.24.1. Company Overview
9.24.2. Financial Performance
9.24.3. Product Benchmarking
9.24.4. Strategic Initiatives
9.25. La Mend, Inc. (The Good Patch)
9.25.1. Company Overview
9.25.2. Financial Performance
9.25.3. Product Benchmarking
9.25.4. Strategic Initiatives
9.26. RallyPatch
9.26.1. Company Overview
9.26.2. Financial Performance
9.26.3. Product Benchmarking
9.26.4. Strategic Initiatives
9.27. Ozmo Patch
9.27.1. Company Overview
9.27.2. Financial Performance
9.27.3. Product Benchmarking
9.27.4. Strategic Initiatives
9.28. Wet Buffalo Patch
9.28.1. Company Overview
9.28.2. Financial Performance
9.28.3. Product Benchmarking
9.28.4. Strategic Initiatives
9.29. LiveToShine
9.29.1. Company Overview
9.29.2. Financial Performance
9.29.3. Product Benchmarking
9.29.4. Strategic Initiatives
List of Tables
1. Hangover cure products market - Driving factor market analysis
2. Hangover cure products market - Restraint factor market analysis
3. Hangover cure solutions market estimates and forecasts, 2016 - 2028 (USD Million)
4. Hangover cure Tablets/capsules market estimates and forecasts, 2016 - 2028 (USD Million)
5. Hangover cure powder market estimates and forecasts, 2016 - 2028 (USD Million)
6. Hangover cure patches market estimates and forecasts, 2016 - 2028 (USD Million)
7. Hangover cure products market estimates and forecast through offline distribution channel, 2016 - 2028 (USD Million)
8. Hangover cure products market estimates and forecast through online distribution channel, 2016 - 2028 (USD Million)
9. North America hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
10. North America hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
11. North America hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
12. U.S. hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
13. U.S. hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
14. U.S. hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
15. Europe hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
16. Europe hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
17. Europe hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
18. U.K. hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
19. U.K. hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
20. U.K. hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
21. Germany hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
22. Germany hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
23. Germany hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
24. Asia Pacific hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
25. Asia Pacific hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
26. Asia Pacific hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
27. Japan hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
28. Japan hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
29. Japan hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
30. China hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
31. China hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
32. China hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
33. India hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
34. India hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
35. India hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
36. Australia hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
37. Australia hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
38. Australia hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
39. Central & South America hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
40. Central & South America hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
41. Central & South America hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
42. Brazil hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
43. Brazil hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
44. Brazil hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
45. Middle East & Africa hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
46. Middle East & Africa hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
47. Middle East & Africa hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
48. South Africa hangover cure products market estimates and forecast, 2016 - 2028 (USD Million)
49. South Africa hangover cure products market estimates and forecast, by product, 2016 - 2028 (USD Million)
50. South Africa hangover cure products market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
51. Company categorization
List of Figures
1. Hangover cure products market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Hangover cure products market - Product growth
7. Hangover cure products market - Value chain analysis
8. Hangover cure products market - Retail chain analysis
9. Percentage of females aged 18 and over who had at least 1 heavy drinking day in the past year, U.S., 2006 - 2018
10. U.S. alcohol consumption by alcohol type, 2020
11. Per capita alcohol consumption in China (Liters of pure alcohol)
12. Hangover cure products market: Porter’s Five Forces Analysis
13. Roadmap of hangover cure products Market
14. Global current drinkers, by types of abstainers (in thousands) among the total population (15+ years), 2016
15. Distribution of alcohol-attribuTable burden of disease, 2016
16. % of adults consumed alcohol in the U.S., 2019
17. Annual per capita alcohol consumption in Europe (in liters)
18. Annual per capita alcohol consumption in Asia Pacific (in liters per annum), 2018
19. Annual per capita alcohol consumption in Central & South America (in liters per annum)
20. Annual per capita alcohol consumption in the Middle East & North Africa (in liters per annum)
21. Hangover cure products market, consumers by age group, 2020
22. Hangover cure products market, consumers by gender, 2020
23. Factors affecting buying decisions for hangover cure products
24. Hangover cure products market: Product share (%) analysis, 2020 & 2028
25. Hangover cure products market: Distribution channel share (%) analysis, 2020 & 2028

Companies Mentioned

  • Abbott
  • Bayer AG
  • More Labs
  • Flyby Ventures LLC
  • Cheers Health Inc.
  • Himalaya Wellness
  • Rally Labs LLC
  • Drinkwel, LLC
  • Liquid I.V., Inc.
  • DOTSHOT
  • Toniiq
  • NoDaysWasted
  • Purple TreeLabs
  • LES Labs
  • EZ Lifestyle (Over EZ)
  • DrinkAde
  • Kaplan Laboratory LLC (H-PROOF)
  • Bytox
  • Cheal Hangover Patch
  • Party Patch
  • Rebound Hangover Fix
  • TRIO Patch
  • SmartPatches
  • DTOX Hangover Patch
  • La Mend, Inc. (The Good Patch)
  • RallyPatch
  • Ozmo Patch
  • Wet Buffalo Patch
  • LiveToShine

Methodology

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