But before it can get to the CO2 and water stage, alcohol is broken down by the liver into a number of different substances, including the compound acetaldehyde. Dr Niall Campbell, consultant psychiatrist at Priory’s Roehampton Hospital, explains that as we age, our ability to metabolise acetaldehyde is reduced.
Article source: https://www.huffingtonpost.co.uk/entry/yes-your-hangovers-do-get-worse-with-age_uk_63f7915ee4b04ff5b4889417