Report ID: SQMIG30F2038
Report ID:
SQMIG30F2038 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
63 |
Figures:
70
Global Hangover Cure Products Market size was valued at USD 2.05 billion in 2022 and is poised to grow from USD 2.35 billion in 2023 to USD 7.10 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).
The rising global consumption of alcohol is a prominent driving factor behind the surge in demand for hangover cure products in the foreseeable future. Countries such as the U.S., China, India, Spain, Italy, South Africa, and Canada are witnessing a steady increase in alcohol consumption, contributing to the growing market demand for hangover remedies. The adoption of these products is expected to rise, especially in developed nations like the U.S., the UK, and Germany, as awareness regarding anti-hangover solutions continues to spread. These remedies, including hangover prevention tonics, focus on liver support, nutrient replenishment, hydration, and increased energy levels. Manufacturers are catering to the consumer preference for herbal-based options, incorporating ingredients like milk thistle and plant extracts that aid liver health, acetaldehyde metabolism, and detoxification.
The global hangover cure products market is on a trajectory of expansion, propelled by the global shift towards health consciousness. Manufacturers are poised to capitalize on this trend by innovating their hangover remedy offerings. Embracing natural and herbal formulations is a prevailing strategy, aligning with the increased preference for healthier alternatives among consumers. Hangover cure products are recognized for their benefits such as improved metabolism, relief from alcohol-induced nausea, and hydration promotion. Notably, products containing ginger are particularly effective in alleviating stomach discomfort and reducing nausea associated with hangovers.
US Hangover Cure Products Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30F2038