Global “Hangover Rehydration Supplements Market” report offers an overview of the market size, share, trends, drivers, and barriers with respect to the Hangover Rehydration Supplements Industry. Latest report on the global Hangover Rehydration Supplements market is a compilation of key market insights and discusses key market dynamics such as drivers, restraints, and opportunities at length. It also provides a comprehensive overview of the market of different regions across North America, Europe, Asia Pacific, South America, Africa and Others.
The Hangover Rehydration Supplements Market report discusses the primary industry growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. It also talks about the market size of different segments and their growth aspects along with key leading countries in Americas, Asia-Pacific, Europe, the Middle East, and Africa regions.
Significant Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Hangover Rehydration Supplements Market
- Changing market dynamics of the Hangover Rehydration Supplements industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Competitive landscape of Hangover Rehydration Supplements Market
- Strategies of key players and product offerings
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The global hangover rehydration supplements market size is projected to reach USD 3.0 billion by 2025 and expected to grow at a CAGR of 15.0% during the forecast period, according to Million Insights, from 2019 to 2025. Increasing consumption of alcohol among the young generation has majorly driven the market growth. In addition, increasing awareness about the adverse effects of alcoholic drinks is expected to further drive the detox products demand. Moreover, increasing consumption of alcohol in several countries such as China, Japan, and India is expected to witness healthy growth over the forecast period.
The solution segment held the largest market share of more than 65.0%, in 2018 and expected to retain its dominance through the forecast period due to detox product visibility at medical stores. The tablet/capsules held significant market share owing to the increasing product development in the U.S., U.K. and India, and high product visibility.
In 2018, the offline segment accounted for the largest market share of over 85.0% and expected to lead during the forecast period. This growth is attributed to the rising availability of these detox products at several retail channels. However, the online channel is expected to gain significant market share and projected to grow with the fastest CAGR from 2019 to 2025. The small players such as Cheesy Health and More Labs are concentrating on online channels to expand their business.
In 2018, Asia Pacific accounted for the largest market share of over 45.0% of the global revenue. Japan & South Korea contributed a significant market share of more than 55.0% in this regional market, by the end of 2018. High alcohol detox products visibility along with increasing awareness about the health benefits of products among the young population is the key factor to drive the growth of this market. Europe is anticipated to grow with the highest CAGR of more than 15.0% from 2019 to 2025. Germany and the U.K. are the prominent markets owing to the availability of detox products such as Berocca, and Blowfish, Alka Seltzer coupled with increasing awareness of these products among consumers.
Some of the companies for Hangover Rehydration Supplements market are:
Himalaya Wellness; More Labs; Drinkwel, LLC; Flyby Ventures LLC; The IV Doc Inc.; Rally Labs LLC; DOT SHOT; and Cheers Health, Inc
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The global hangover rehydration supplements market size is anticipated to reach USD 3.0 billion by 2025, according to a new report by Radiant Insights, Inc., expanding at a CAGR of 15.0% over the forecast period.
Increasing product visibility at pharmacy stores is a main factor driving demand for hangover rehydration supplements.
In addition, growing awareness related to harmful effects of alcoholic drinks among people will boost demand for detox products in the coming years.
The tablets/capsules segment held a major share in the market.
Higher product visibility, coupled with increasing launch of tablets/capsules in U.S., India, and U.K., is anticipated to drive the segment over the forecast period.
Download Free Sample Report @ https://www.radiantinsights.com/research/hangover-rehydration-supplements-market/request-sample The offline segment accounted for the largest share of more than 85.0% in 2018.
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