North America Hangover Cure Products Market Size & Outlook
North America hangover cure products market, 2016-2030 (US$M)
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North America hangover cure products market highlights
- The North America hangover cure products market generated a revenue of USD 482.5 million in 2022.
- The market is expected to grow at a CAGR of 14.5% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 482.5 million |
| Market revenue in 2030 | USD 1,423.2 million |
| Growth rate | 14.5% (CAGR from 2022 to 2030) |
| Largest segment | Tablet/capsule |
| Fastest growing segment | Patches |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 23.6% of the global hangover cure products market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 952.1 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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North America 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 57.53% in 2022. Horizon Databook has segmented the North America hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
The growing prevalence of hangover cure products due to their potential use to mitigate the negative impacts of excessive alcohol intake such as nausea, fatigue, and headache is likely to boost the product demand in the region.
These products offer additional benefits for the liver and hydration support to ensure effective functioning of the body after excessive alcohol consumption. Moreover, the cure products contain ingredients such as sodium, potassium, vitamins, minerals, and glucose, which act as a natural addition to the body’s recovery efforts.
This, in turn, drives the products’ demand among the consumers. Furthermore, the shift in consumer inclination for supplements that offer benefits like rehydration, boosting antioxidant levels in the body, treating hangovers, and neutralizing alcohol by-products by alcohol intake are expected to further drive this market’s growth in North America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America hangover cure products market , including forecasts for subscribers. This continent databook contains high-level insights into North America hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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North America hangover cure products market size, by country, 2016-2030 (US$M)
North America Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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