India Hangover Cure Products Market Size & Outlook
India hangover cure products market, 2016-2030 (US$M)
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India hangover cure products market highlights
- The India hangover cure products market generated a revenue of USD 43.8 million in 2022 and is expected to reach USD 130.6 million by 2030.
- The India market is expected to grow at a CAGR of 14.6% from 2023 to 2030.
- In terms of segment, solution was the largest revenue generating product in 2022.
- Tablet/Capsule 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 43.8 million |
| Market revenue in 2030 | USD 130.6 million |
| Growth rate | 14.6% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Tablet/Capsule |
| 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, India accounted for 2.1% 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 Asia Pacific, Japan hangover cure products market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 43.2 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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India 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.
Solution was the largest segment with a revenue share of 54.34% in 2022. Horizon Databook has segmented the India hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
The high alcohol consumption among millennials in India makes them the key target audience of hangover cure products. Male consumers are more likely to consume these hangover cure products as the alcohol consumption rate is higher among men as compared to women in India.
The Western culture has been prevailing in India, mainly in first-tier cities such Delhi, Mumbai, Bangalore, and Hyderabad. These cities would offer huge potential for the products in the upcoming years.
Moreover, the growing awareness regarding the use of hangover cure products owing to the use of social media, access to online websites that offer such products, and premiumization of products by manufacturers, are driving the demand for these products.
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Horizon Databook provides a detailed overview of country-level data and insights on the India hangover cure products market , including forecasts for subscribers. This country databook contains high-level insights into India hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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India hangover cure products market size, by product, 2016-2030 (US$M)
India Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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