UK Hangover Cure Products Market Size & Outlook, 2022-2030
UK hangover cure products market, 2016-2030 (US$M)
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UK hangover cure products market highlights
- The UK hangover cure products market generated a revenue of USD 69.8 million in 2022 and is expected to reach USD 215.2 million by 2030.
- The UK market is expected to grow at a CAGR of 15.1% 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 69.8 million |
| Market revenue in 2030 | USD 215.2 million |
| Growth rate | 15.1% (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, UK accounted for 3.4% 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 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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UK 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 39.4% in 2022. Horizon Databook has segmented the UK hangover cure products market based on solution, tablet/capsule, powder, patches covering the revenue growth of each sub-segment from 2016 to 2030.
The hangover cure products market in the U.K. is largely driven by increasing awareness of the harmful effects of alcohol, which, in turn, is expected to fuel the demand for alcohol detox products over the forecast period.
Such factors are contributing to the overall growth opportunities for hangover cure product manufacturers in developed economies such as the U.K. Some of the major players in the country produce multivitamin, mineral, amino acid, and herbal extract food supplements.
For instance, AfterDrink offers products that help in maintaining normal liver function, support mental performance, and reduce tiredness. Furthermore, the growing popularity of beer and wine among the young population is contributing to the increasing consumption of alcohol in the country. Such factors are creating great opportunities for hangover cure products in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK hangover cure products market , including forecasts for subscribers. This country databook contains high-level insights into UK hangover cure products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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UK hangover cure products market size, by product, 2016-2030 (US$M)
UK Hangover Cure Products Market Outlook Share, 2022 & 2030 (US$M)
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