Canada Hangover Cure Products Market Size & Outlook
Canada hangover cure products market, 2016-2030 (US$M)
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Canada hangover cure products market highlights
- The Canada hangover cure products market generated a revenue of USD 52.0 million in 2022 and is expected to reach USD 165.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 15.5% 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 52.0 million |
| Market revenue in 2030 | USD 165.1 million |
| Growth rate | 15.5% (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, Canada accounted for 2.5% 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 North America, U.S. hangover cure products market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 165.1 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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Canada 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 59.81% in 2022. Horizon Databook has segmented the Canada hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
Consumers in Canada are exposed to alcohol consumption through corporate parties and social events such as music festivals, watching sports, get-togethers, and relaxing activities, which, in turn, has influenced their drinking patterns.
Thus, consumers are seeking products that eliminate the risk factors associated with alcohol consumption, which has boosted the demand for hangover cure products and wellness remedies in the country.
Alcoholic beverages including beers, wines, spirits, and liqueurs are prevalent in Canada. These drinks contain a significant percentage of alcohol that can lead to hangovers and dizziness, thereby boosting the demand for hangover cure products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hangover cure products market , including forecasts for subscribers. This country databook contains high-level insights into Canada hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Canada hangover cure products market size, by product, 2016-2030 (US$M)
Canada Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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