Ketones Market To Expand Industry Growth At USD 30.25 Billion By 2030


 San Francisco, 15 March 2023: The Report Ketones Market Size, Share & Trends Analysis Report By Type (Ketone Salts, Ketone Oil), By Application (Dietary Supplements, Food & Beverages), By Region, And Segment Forecasts, 2022 - 2030

The global ketones market size is anticipated to reach USD 30.25 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.6% from 2022 to 2030. The market is driven by the growing awareness regarding keto diets in dietary supplements, food and beverage, and personal care and cosmetics across the globe.

The growing interest in weight management and healthy lifestyles among the general public and the increasing demand for ketone supplements are a few of the main factors fueling market revenue growth. Along with it, the rising use of natural ingredients is also a major factor facilitating market growth.

Chronic diseases such as cancer, cardiovascular problems, diabetes, and obesity are becoming more common due to lifestyle modifications and poor eating practices. One of the main causes of death is obesity as those who are obese are more likely to contract numerous illnesses and health problems. People all around the world are focusing on modifying their food habits and moving toward healthy lifestyles to maintain healthy living. The demand for the product is rising as a result of factors such as rising convenience food consumption, rising disposable income, and rising adoption of healthier lifestyles. To meet growing consumer demand, a number of large companies are manufacturing improved products.

The dietary supplements application segment accounted for the largest revenue share in 2021. Higher prevalence of various chronic diseases, knowledge of the advantages of ketone supplements, weight loss, rising interest in leading healthy lifestyles, and rising use of these supplements among athletes and sportspeople are some of the factors contributing to this segment growth.

The majority of the industry participants are inclined towards differentiating themselves from other players as the market is fragmented and competitive. Manufacturers of dietary supplements, personal care products, and cosmetics based on ketones are continuously engaged in research and development and introducing new products with new flavors in order to attract customers.

Access Research Report of Ketones Market @ https://www.grandviewresearch.com/industry-analysis/ketone-market

Ketones Market Report Highlights

  • The dietary supplements application segment is expected to register the fastest CAGR over the forecast period. This is attributed to the rising consumption of the keto diet among health enthusiasts and rising awareness regarding ketones in dietary supplements
  • The ketone salts segment is expected to expand at the fastest revenue-based CAGR of 4.2% over the forecast period owing to the capability of these salts to increase ketone levels in blood without a keto diet just like ketosis and provide energy
  • Ketone oil held the largest revenue share of over 50.0% in 2021. This is attributed to its antioxidant, anti-microbial, and anti-inflammatory capabilities. Moreover, it is used as a carrier for active ingredients and viscosity regulator and as an emollient in cosmetics and personal care products
  • Europe is expected to expand at the fastest revenue-based CAGR of 4.1% over the forecast period owing to the production of customized cosmetics and personal care products and growing consumer awareness regarding the use of natural ingredients
  • Key companies are involved in rapid research and development and they dominate the global market with their extensive presence throughout the value chain

List of Key Players in Ketones Market

  • HVMN Inc.
  • Ketone Aid Inc.
  • Pruvit
  • Caldic B.V.
  • Ketologic
  • Genomatica, Inc.
  • Keto & Company
  • Ancient Nutrition
  • Ketone Aid Inc.
  • Compound Solution Inc.
  • BPI Sports
  • Zhou Nutrition
  • Boli Naturals

Access Press Release of Ketones Market @ https://www.grandviewresearch.com/press-release/global-ketones-market

 

Comments

Post a Comment

Popular posts from this blog

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein ...
Read more

Gas Detection Equipment Market Anticipated To Expand At A CAGR 9.7% From 2021 To 2028

  San Francisco, 5 May 2021:   The Report  Gas Detection Equipment Market  Size, Share & Trends Analysis Report By Product, By Technology (Infrared, Catalytic, PID), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth. Many companies are focused on introducing drone-based gas detection equipment, which is expected to create new opportunities for market growth in...
Read more