Japan Hangover Cure Products Market Size & Outlook
Japan hangover cure products market, 2016-2030 (US$M)
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Japan hangover cure products market highlights
- The Japan hangover cure products market generated a revenue of USD 397.7 million in 2022 and is expected to reach USD 1,156.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 14.3% 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 397.7 million |
| Market revenue in 2030 | USD 1,156.7 million |
| Growth rate | 14.3% (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, Japan accounted for 19.4% 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 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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Japan 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 52.33% in 2022. Horizon Databook has segmented the Japan hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
Strong alcoholic drinks have integrated into the culture and are a part of both formal and informal gatherings. Consumers, especially millennials, no longer prefer over-the-counter medications such as aspirin to treat a hangover owing to the long-term side effects of these medications, thereby driving the demand for hangover cure products.
Furthermore, the acceptance of alcoholic drinks is fairly strong and therefore, people in the country are often seen drinking in public places, including beaches, public parks, and trains. There are no social norms that discourage the consumption of alcohol in Japan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan hangover cure products market , including forecasts for subscribers. This country databook contains high-level insights into Japan hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Japan hangover cure products market size, by product, 2016-2030 (US$M)
Japan Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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