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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.
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.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global ketone market attained a value of nearly USD 542.61 million in 2023.
The market is projected to grow at a CAGR of 6.4% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 948.43 million by 2032.
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.
The development of convenient ketone products is expected to determine the growth of the market in the coming years.
The major regional markets for ketone are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The various applications of ketone include supplements, food and beverages, and cosmetics and personal care products.
The different supplement types of ketone are ketone salts, ketone esters, ketone oils, and raspberry ketones.
The significant forms of ketone are solid, liquid and semi liquid.
The major players in the industry are Perfect Keto, KetoLogic, Ketoneaid Inc, Ion Labs Inc., and Ketond LLC., among others.
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