Hangover Rehydration Supplements Market Size Worth USD 2.78 Billion By 2025 | CAGR: 12.8%
The global Hangover Rehydration Supplements market is expected to grow at growth rate of 12.8% to reach USD 2.78 billion by 2025.
A hangover is constellation of unpleasant mental and physical symptoms bout of heavy alcohol drinking. Over-consumption of alcohol is directly contributing to this state in several ways including improper dehydration and electrolyte balance, lowering blood sugar level, through disturbance in GIT activity and biological rhythms. The research on hangover cure is considered to be the novel area of consumer health. People have been taking analgesics such as caffeine, ibuprofen, aspirin and antacid supplements to combat the individual side effects. Several past launches have attracted significant consumer and media coverage. However, it is noticed that the industry is cluttered with myriad small and efficaciously questionable dietary supplement brands.
The research report on Hangover Rehydration Supplements Market analyses the entire market and provides data for different geographies. On the other hand, the report also provides the data related to price, cost, value, and profit margin of the market in different fields. The report provides a comprehensive view of the global Hangover Rehydration Supplements market and detailed value chain analysis to help players to closely understand important changes in business activities observed across the industry.
Key Takeaways
- In terms of product types, the market is categorized as Anti-Hangover Drinks, Anti-Hangover Pills, NSAIDs, and others (Pepto Bismol, Activated Charcol etc.)
- Anti-hangover pills accounted for the significant revenue share. Ibuprofen (Motrin IB, Advil), Aspirin (Excedrin, Bayer) and Naproxen (Aleve) are some of the examples of NSAIDs commercially available for hangover cures.
- Online and offline are considered to be one of the two important channel identified. Online channels accounted for highest revenue share with some success at liquor stores.
- Regionally, Asia Pacific region accounted for the highest revenue share. In this regions, South Korea and Japan dominated the regional growth, together recorded over 50% share.
- Key players such as More Labs, Bayer AG, Abbott Laboratories, Drinkwel, Rally Labs LLC, Himalaya Wellness, Cheers Health, Inc., Flyby Ventures, The IV Doc Incorporation and DOTSHOT are profiled in detail.
- Among which, Bayer AG and Abbott Laboratories captured a significant revenue share in the worldwide market.
KEY BENEFITS OF THE REPORT:
- The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
- A thorough analysis of relevant statistical data to estimate the market paradigms
- Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, and growth specific to the countries.
- Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments
The scope of this report covers the market by its major segments, which include as follows:
Market Segmentation
MARKET, BY PRODUCT TYPES
- Anti-Hangover Pills
- Anti-Hangover Drinks
- NSAIDs
- Others (Pepto Bismol, Activated Charcol etc.)
MARKET, BY DISTRIBUTION CHANNEL
- Online
- Offline
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America