October 2023 | Report Format: Electronic (PDF)
U.S. Hangover Cure Products Market Growth & Trends
The U.S. hangover cure products market size is expected to reach USD 1.14 billion by 2030, registering a CAGR of 14.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the hangover cure products market in the U.S. is expected to be fueled by the increasing adoption and awareness of hangover cure solutions. The rising demand for hangover cure products is attributed to the growing awareness of their benefits and the desire to alleviate the negative effects of alcohol consumption.
The increasing alcohol consumption in the U.S. drives the demand for hangover cure products. As alcohol consumption rises, the likelihood of experiencing hangover symptoms increases, creating a greater need for effective remedies. The growing social and cultural acceptance of alcohol consumption and the prevalence of social events and gatherings contribute to higher alcohol intake in the U.S.
As individuals indulge in drinking, the aftermath of a hangover becomes a common concern. This has led to a heightened interest in hangover cure products that promise relief from symptoms such as headaches, nausea, fatigue, and dehydration. People are becoming more proactive about their well-being and actively looking for ways to enjoy socializing without fearing a debilitating hangover the next day. This shift in consumer behavior fosters a strong demand for hangover cure products that provide quick and effective relief
Based on the 2021 National Survey on Drug Use and Health (NSDUH), approximately 60 million individuals, constituting roughly 21.5% of the U.S. population aged 12 and above, acknowledged engaging in binge drinking within the previous month of the survey. The survey indicated that approximately 49.3% of full-time college students within the 18 to 22 age group reported alcohol consumption in the month before the survey. During the same timeframe, around 27.4% of these students participated in binge drinking. These habits and patterns drive the adoption of hangover cure products in the country.
Many consumers prefer herbal-based hangover cure products. Market players are actively addressing this trend by launching products that integrate herbal components, such as milk thistle and various plant extracts. These natural elements play a crucial role in facilitating the elimination of toxins from the body, safeguarding the health of the liver, and aiding in the breakdown of acetaldehyde, a substance produced when alcohol is metabolized.
By capitalizing on the potential benefits of these herbal ingredients, manufacturers aim to provide hangover cure products that not only alleviate symptoms but also promote overall well-being and detoxification. With the growing popularity of herbal supplements, companies are focusing on adding other herbal extracts, including aloe vera, green tea extract, and gotu kola, to their products for improved blood circulation and are advertising these products as sugar- and gluten-free. Thus, the demand for hangover cure products is expected to increase in the coming years, owing to the growing awareness about the benefits of alcohol detox products.
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U.S. Hangover Cure Products Market Report Highlights
Based on product, the hangover cure tablets/capsules segment dominated the market with a share of 55.0% in 2022. The U.S. market witnessed a surge in demand for these products, driven by their increasing popularity and numerous new launches. The precise dosage control they offer ensures consistent intake of active ingredients, contributing to the growth
Based on type, the hangover remedies segment accounted for a revenue share of 75.0% in 2022. Hangover remedies offer quick relief from symptoms like headaches, nausea, and fatigue, aligning with consumers' desire for immediate solutions. This is expected to contribute to the growth of the segment
Based on distribution channel, the sales of hangover cure products through online channels accounted for a 63.3% share in 2022, owing to the convenience and accessibility they offer to consumers. Online channels provide easy access to a wide range of products, reviews, and information, making it a preferred choice for many shoppers seeking effective hangover remedies
The Southeast region led the U.S. market for hangover cure products with the largest revenue share of around 24.7% in 2022
U.S. Hangover Cure Products Market Segmentation
Grand View Research has segmented the U.S. hangover cure products market based on product, type, distribution channel, and region:
U.S. Hangover Cure Product Outlook (Revenue, USD Million, 2017 - 2030)
Solution/ Drinks
Tablets/ Capsules
Powder
Patches
U.S. Hangover Cure Products Type Outlook (Revenue, USD Million, 2017 - 2030)
Hangover Prevention
Hangover Remedies
U.S. Hangover Cure Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)
Offline
Hypermarkets & Supermarkets
Convenience Stores
Pharmacy & Drug Stores
Airport Retail Stores
Others
Online
U.S. Hangover Cure Products Regional Outlook (Revenue, USD Million, 2017 - 2030)
Southeast
Southwest
Northeast
West
Midwest
List of Key Players in the U.S. Hangover Cure Products Market
Bayer AG
More Labs
Flyby Ventures LLC
Cheers Health, Inc.
Himalaya Wellness
No Days Wasted
RallyPatch, LLC
drinkwel, LLC
