Ketones Market | Scope, Size, Share and Market Forecast

 

Ketones Market

Ketones Market is anticipated to grow at a faster CAGR over the forecast period, owing to the growing consumption of convenience food and increasing health awareness.

Ketones are simpler compounds that include a carbonyl group and are used in ketone oils and esters. Changing lifestyle of consumers and the growing use of ketones across the beverage industry by leading producers will fuel the ketones market. Increasing drift toward a healthy lifestyle and consumption of functional food is further projected to propel market growth. However, ketone supplements are very costly, and increasing concern about the risk of ketones might hamper the Ketones Market Size.

By application, the supplements application is anticipated to witness a faster CAGR over the forecast period, owing to their increasing use among sportspersons and athletes. Moreover, as per the Ketones Market forecast, accelerating per capita income and a rising geriatric population will bolster the market growth. However, the Food & Beverage application is predicted to expand at a higher CAGR during the forecast period owing to the rising health awareness among consumers.

By supplement type, the Ketone Salts segment is forecast to lead the market growth over the forecast period. They are mostly used in dietary supplements and help increase the level of ketones in the blood. The Ketone Oils segment is anticipated to grow at a faster CAGR over the forecast period owing to their increasing application in the food & beverages application.

By form, the solid form segment is predicted to grow at the highest rate over the forecast period. The solid form of ketones raises the shelf life of products in comparison to the liquid and semi-liquid forms. Also, it is a more favored alternative among consumers as it is easy to carry than the liquid and semi-liquid form.

By region, the North American region is expected to expand at a faster CAGR over the forecast period due to the accelerating incidences of diseases. Moreover, ketone supplements and food & beverage alternatives have gained immense prominence for several weight loss programs, which will augment the ketones market growth.

Key Developments:

In 2018, HVMN Inc. introduced a drink composed of pure ketone ester to enhance the athletic energy, ability, and health of consumers.

In 2018, Life Sense International LLC innovated a domestically produced formulation of BHB exogenous ketones salts to raise energy and emphasize sports and daily activities of consumers.

Ketones Market Segmentation:

Ketones Market by Application  

• Supplements
• Food & Beverage
• Cosmetics & Personal Care

Ketones Market by Form

• Solid
• Liquid & Semi-Liquid

Ketones Market by Supplement Type

• Ketone Salts
• Ketone Esters
• Ketone Oils
• Raspberry Ketones

Ketones Market by Region:

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

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