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The global ketone market is driven by the rising consumer inclination towards plant-based products owing to rising awareness and inflating purchasing power. Raspberry ketones are gradually gaining popularity to their fat-burning and weight loss properties, making them ideal in a ketogenic diet, thereby promoting market growth. The demand for natural and nature identical products in cosmetic and personal care products is further invigorating the utility of raspberry ketones. Raspberry ketones are considered to be globally acceptable biodegradable and multifunctional additives that act as a preservative that protects a cosmetic product against spoilage. In addition to this, its strong antioxidant properties make it ideal for skincare products. These factors are thus pushing the growth of the market.
According to a recent study published in The Journal of Physiology in October 2021, ketone supplements may be a novel strategy for protecting and improving brain health in people with obesity. As people with obesity are known to be at a higher risk of developing cognitive damage and neurodegenerative diseases, the study has found that ketone consumption improves blood flow to the brain and enhances aspects of cognitive function such as working memory and processing speed. Thus, robust research and development (R&D) aimed at evaluating the potential benefits of ketone on human health are furthering the overall growth of the market.
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The major players in the global ketone market are Perfect Keto, KetoLogic, Ketoneaid Inc, Ion Labs Inc., and Ketond LLC., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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