Brazil Hangover Cure Products Market Size & Outlook
Brazil hangover cure products market, 2016-2030 (US$M)
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Brazil hangover cure products market highlights
- The Brazil hangover cure products market generated a revenue of USD 70.4 million in 2022 and is expected to reach USD 195.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 13.6% from 2023 to 2030.
- In terms of segment, tablet/capsule was the largest revenue generating product in 2022.
- Patches is the most lucrative product segment registering the fastest growth during the forecast period.
Hangover cure products market data book summary
| Market revenue in 2022 | USD 70.4 million |
| Market revenue in 2030 | USD 195.2 million |
| Growth rate | 13.6% (CAGR from 2022 to 2030) |
| Largest segment | Tablet/capsule |
| Fastest growing segment | Patches |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Tablet/Capsule, Powder, Patches |
| Key market players worldwide | Abbott Laboratories, Bayer AG, Unilever PLC, More Labs, The Himalaya Drug Company, Rally Labs, Drinkwel, Cheers, Dotshot, AfterDrink, Purple Tree Labs, No Days Wasted, LES Labs, EZ Lifestyle, DrinkAde, Bytox Hangover Patch, Party Patch |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.4% of the global hangover cure products market in 2022.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil hangover cure products market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 195.2 million by 2030.
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Hangover Cure Products Market Scope
Hangover Cure Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil hangover cure products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hangover cure products market will help companies and investors design strategic landscapes.
Tablet/capsule was the largest segment with a revenue share of 59.38% in 2022. Horizon Databook has segmented the Brazil hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
According to Brazil’s Association for Soft Drinks and Non-Alcoholic Beverages (ABIR), recent modifications in the regulatory framework for supplements, dietary supplements, regulated isotonic drinks, and functional beverages will drive the demand for hangover cure products in the coming years.
Consumers in Brazil, especially millennials, are following the global trend of health and wellness to ensure effective functioning of the body. Moreover, the hangover cure products market in Brazil is mainly driven by rising consumer preferences for hangover cure products that are organic, gluten-free, and animal cruelty free.
Furthermore, consumers in Brazil are seeking affordable products from high-end brands. Hangover cure products in the form of patches and powder are likely to gain traction during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil hangover cure products market , including forecasts for subscribers. This country databook contains high-level insights into Brazil hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil hangover cure products market size, by product, 2016-2030 (US$M)
Brazil Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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