North America Could Possibly Emerge as the Market Leader for Billion Dollar Detox Drinks Industry

FinancialNewsMedia.com News Commentary 

PALM BEACH, Fla., April 18, 2023 /PRNewswire/ -- Alcohol consumption and drug abuse have become public health concerns worldwide. Governments are working on ways to detect any symptoms of alcohol consumption or drug abuse. These initiatives will most likely enhance the demand for detox products in subsequent years.  Detoxification is a health measure that is rapidly being adopted by consumers who desire to boost their body functions and eliminate toxins such as alcohol. The rising interest in boosting digestion, immune system, and the functions of the organs among people has favored the sales of detox drinks in recent years. The alarming rise in cases of alcohol & drug abuse and addiction, especially among the youth has led to a greater demand for detox drinks and can be a lucrative opportunity for the leading vendors. The mounting popularity of these drinks in view of the rising health consciousness among people in the Middle East, Africa, and the Asia Pacific can also emerge as a huge opportunity for international companies in the following years.  Manufacturers primarily focus on boosting their product sales by expanding their offerings or by building new manufacturing plants across regions. Intensifying competition and the resultant increase in the number of product launches can be favorable for the global market over the next few years.  Active companies in the markets this week include:  GBB Drink Lab, FSD Pharma Inc. (NASDAQ:HUGE), Celsius Holdings, Inc., (NASDAQ: CELH), Omeros Corporation (NASDAQ:OMER), Merck (NYSE:MRK), Prometheus Biosciences, Inc. (NASDAQ:RXDX).