Latest Regulatory Trends Impacting the Ketones Market

The report "Ketones Market by Application (Supplements, Food & Beverage, Cosmetics & Personal Care), Supplement Type (Ketone Salts, Ketone Esters, Ketone Oils, Raspberry Ketones), Form and Region – Global Forecast to 2025 ", is estimated to be valued at USD 443 million in 2019 and is projected to reach a value of USD 640 million by 2025, growing at a CAGR of 6.3% during the forecast period. The rise in functional food & beverage consumption, the multifunctionalities of ketones, and increased consumer awareness on healthy food products among consumers are factors that are projected to drive the growth of the global ketones market.

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By application, the supplement segment is projected to dominate the ketone market during the forecast period.

Ketone supplement is the most common type of ketone. The increase in the use of ketone supplements among sportspersons and athletes is one of the major factors that is projected to drive the growth of the supplement segment. In addition, the increase in per capita income and the rise in the geriatric population have led the people to invest in the healthcare sector. Consumers are becoming more health-conscious and increasingly aware of the healthcare sector. These factors are projected to drive the growth of the ketones market during the forecast period.

By form, the solid segment is projected to dominate the ketone market during the forecast period.

The solid form of ketones is readily available for use and is convenient to carry as compared to the liquid or semi-liquid form. In addition, it has enhanced shelf life as compared to the liquid and semi-liquid forms. Many times, a blender is required to mix liquid ketone supplements. However, these blenders are not required in the case of solid ketones, which makes it easy to use. There are cases of gastrointestinal disorders while using the liquid ketones for the initial days but there is no such complication with solid form. Due to these factors, the solid form remains a more preferred alternative among consumers.

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The demand for ketones has created opportunities for ketone manufacturers in the emerging markets

Developing countries, namely, China and India, are projected to witness a surge in demand for ketones. This demand is projected to be driven by an increase in the production of processed and convenience food products. Key manufacturers prefer expanding in the Asia Pacific region, as it provides cost-effective benefits during production and processing. The high demand for ketones and low-cost of production are the major factors that are projected to encourage ketone suppliers and manufacturers to invest in this market. In addition, Asia Pacific provides the highest growth potential due to factors such as high economic growth and the increasing disposable income of individuals in the region. The high population growth and increase in FDI are factors that have driven the growth of the ketone market.

This report includes a study on the marketing and development strategies, as well as the product portfolios of the leading companies operating in the ketone market. It includes the profiles of leading companies, such as Perfect Keto (US), HVMN Inc. (US), BPI Sports (US), Ketologic (US), Pruvit (US), Ketone Aid Inc (US), Compound Solution Inc. (US), Sapien Body (US), Zhou Nutrition (US), Know Brainer Foods (US), Finaflex (US), Ion Labs (US), Keto & Company (US), Boli Naturals (US), Volken Chemicals (India), Union Pharmpro Company Ltd. (China), Nutrex Research (US), Ancient Nutrition (US), Zenwise Health (US), and Ketond Nutrition LLC (US).

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