Germany Hangover Cure Products Market Size & Outlook
Germany hangover cure products market, 2016-2030 (US$M)
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Germany hangover cure products market highlights
- The Germany hangover cure products market generated a revenue of USD 55.5 million in 2022 and is expected to reach USD 184.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 16.2% from 2023 to 2030.
- In terms of segment, powder 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 55.5 million |
| Market revenue in 2030 | USD 184.7 million |
| Growth rate | 16.2% (CAGR from 2022 to 2030) |
| Largest segment | Powder |
| 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, Germany accounted for 2.7% 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 Europe, UK hangover cure products market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 184.7 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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Germany 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.
Powder was the largest segment with a revenue share of 49.37% in 2022. Horizon Databook has segmented the Germany hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
The dominance of the German market can be attributed to the growing awareness backed by high product visibility. Moreover, shifting consumer preference from traditional drinks and remedies toward modern yet natural products is a major factor driving the sales of hangover cure products in the country.
Thus, to cater to the growing demand for such products, key players in the hangover cure products market are launching innovative herbal hangover cure supplements and drinks, thereby, providing growth opportunities for the market in Germany over the forecast period.
Furthermore, the outbreak of the COVID‑19 pandemic and the resultant government measures to limit mobility in the country have impacted alcohol consumption patterns and places. The pandemic’s uncertainty and stress have boosted alcohol consumption at home.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany hangover cure products market , including forecasts for subscribers. This country databook contains high-level insights into Germany hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Germany hangover cure products market size, by product, 2016-2030 (US$M)
Germany Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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