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Global Ketone Market to Grow at a CAGR of 6.4% During the Forecast Period of 2022-2027, Aided by the Rising Popularity of Raspberry Ketones in Cosmetic and Personal Care Products

Ketone Market

Global Ketone Market: By Application: Supplements, Food and Beverages, Cosmetics and Personal Care Products; By Supplement Type: Ketone Salts, Ketone Esters, Ketone Oils, Raspberry Ketones; By Form; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Ketone Market Outlook

The global ketone market attained a value of about USD 479.3 million in 2021. The market is further expected to grow at a CAGR of 6.4% during the forecast period of 2023-2028 to reach nearly USD 695.5 million by 2027.

 

Health Benefits Associated with Ketone Consumption to Drive the Growth of the Market

The global market for ketone is being driven by the shifting consumer preference towards healthy food items. The growing popularity of ketogenic diet to reduce weight and gain strength is a primary factor augmenting the demand for ketones from the nutraceutical and food and beverage industry for applications in supplements, food products, and certain beverages. This has been bolstering the growth of the market. Furthermore, certain exogenous ketone supplements are widely demanded by sports enthusiasts instead of caffeinated energy drinks, which may have a certain negative impact on the body, thereby pushing the growth of the market.

 

Global Ketone Market

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Ketones are most commonly found in fruits like kiwis, grapes, apples, and berries, among others, owing to which they represent a rich source of nutrients like Vitamin E and Vitamin C, which is beneficial for a healthy body. As a result of this, the shifting consumer inclination towards plant-based products as opposed to synthetic products in personal care and food products is positively influencing the growth of the market. Apart from this, inflating disposable incomes, rising purchasing power, and inclination towards clean-label products are some of the factors collectively augmenting the growth of the market.

 

Ketone: Market Segmentation

Ketones is a functional group made up of a variety of carbon-containing substituents. In medicinal terms, a ketone is a chemical substance that the body makes when it does not have enough insulin in the blood.

 

Global Ketone Market

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On the basis of application, the market can be categorised into:

  • Supplements
  • Food and Beverages
  • Cosmetics and Personal Care Products

Based on supplement type, the market can be segmented into:

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

The market, based on form, can be divided into:

  • Solid
  • Liquid and Semi-Liquid

The EMR report looks into the regional markets of ketone like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Development of Ketone Rich Supplements and Food Products to Stimulate the Growth of the Market

The growth in the global market for ketones is being driven by the robust popularity of ketogenic diets to treat a number of neurodegenerative disorders, particularly epilepsy. In addition to this, a keto diet is popularly undertaken with an aim at reducing the body weight. As a result, ketones are widely gaining consumer attention, thereby generating robust opportunities for manufacturers to introduce keto products that deliver high fat and low carb keto formula.

 

Global Ketone Market

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Owing to the rising popularity of convenience goods due to busy lifestyles, the development of easy-to-use products that do not take up much time has made ketogenic products more accessible, thereby providing impetus to the market. In addition to this, the introduction of various nutraceutical and pharmaceutical supplements rich in ketones that offer several benefits, such as cancer prevention, cognitive improvement, and have anti-inflammatory properties, among other benefits, are some of the factors encouraging the growth of the market.

 

Key Industry Players in the Global Ketone Market

The report presents a detailed analysis of the following key players in the global ketone market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

  • Perfect Keto
  • KetoLogic
  • Ketoneaid Inc
  • Ion Labs Inc.
  • Ketond LLC.
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

Key Highlights of the Report:

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Supplement Type, Form, Region
Breakup by Application Supplements, Food and Beverages, Cosmetics and Personal Care Products
Breakup by Supplement Type Ketone Salts, Ketone Esters, Ketone Oils, Raspberry Ketones
Breakup by Form Solid, Liquid and Semi-Liquid
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Perfect Keto, KetoLogic, Ketoneaid Inc, Ion Labs Inc., Ketond LLC., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Ketone Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Ketone Historical Market (2018-2022) 
    8.3    Global Ketone Market Forecast (2023-2028)
    8.4    Global Ketone Market by Application
        8.4.1    Supplements
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Food and Beverages
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Cosmetics and Personal Care Products
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
    8.5    Global Ketone Market by Supplement Type
        8.5.1    Ketone Salts
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Ketone Esters
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Ketone Oils
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Raspberry Ketones
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
    8.6    Global Ketone Market by Form
        8.6.1    Solid
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Liquid and Semi-Liquid
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
    8.7    Global Ketone Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022) 
            8.7.5.2    Forecast Trend (2023-2028) 
9    North America Ketone Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Ketone Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Ketone Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Ketone Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Ketone Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Perfect Keto
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    KetoLogic
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Ketoneaid Inc
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Ion Labs Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Ketond LLC.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Ketone Market: Key Industry Highlights, 2018 and 2028
2.    Global Ketone Historical Market: Breakup by Application (USD Million), 2018-2022
3.    Global Ketone Market Forecast: Breakup by Application (USD Million), 2023-2028
4.    Global Ketone Historical Market: Breakup by Supplement Type (USD Million), 2018-2022
5.    Global Ketone Market Forecast: Breakup by Supplement Type (USD Million), 2023-2028
6.    Global Ketone Historical Market: Breakup by Form (USD Million), 2018-2022
7.    Global Ketone Market Forecast: Breakup by Form (USD Million), 2023-2028
8.    Global Ketone Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Ketone Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Ketone Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Ketone Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Ketone Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Ketone Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Ketone Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Ketone Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Ketone Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Ketone Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Ketone Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Ketone Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Ketone Market Structure

Key Questions Answered in the Report

What was the global ketone market size in 2021?

The global ketone market attained a value of nearly USD 479.3 million in 2021.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 6.4% in the forecast period of 2023-2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 695.5 million by 2027.

What are the major industry drivers of the market?

The market is being driven by the rising awareness regarding the health benefits of ketone and the subsequent consumer inclination towards clean-label personal care and food products.

What are the key industry trends of the global ketone market?

The development of convenient ketone products is expected to determine the growth of the market in the coming years.

What are the major regional markets of ketone, according to the EMR report?

The major regional markets for ketone are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

What are the various applications of ketone?

The various applications of ketone include supplements, food and beverages, and cosmetics and personal care products.

What are the different supplement types of ketone?

The different supplement types of ketone are ketone salts, ketone esters, ketone oils, and raspberry ketones.

What are the significant forms of ketone?

The significant forms of ketone are solid, liquid and semi liquid.

Who are the key industry players, according to the report?

The major players in the industry are Perfect Keto, KetoLogic, Ketoneaid Inc, Ion Labs Inc., and Ketond LLC., among others.

Analyst Review

The global ketone market attained a value of about USD 479.3 million in 2021, driven by the many health benefits of ketones. Aided by the popularity of ketogenic diet, the market is expected to grow at a CAGR of 6.4% in the forecast period of 2023-2028 to reach nearly USD 695.5 million by 2027.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on application, the market can be classified into supplements, food and beverages, and cosmetics and personal care products. The market, based on supplement type, can be segmented into ketone salts, ketone esters, ketone oils, and raspberry ketones. On the basis of form, the market can be divided into solid, liquid and semi liquid. The major regional markets for ketone are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the above industry are Perfect Keto, KetoLogic, Ketoneaid Inc, Ion Labs Inc., and Ketond LLC., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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