Ketone Supplements Market Growth, Trends, Revenue, Share and Demands Research Report 2029
Posted on Feb 6 2023 9:52 AM
"A host of health upsides, such as weight loss and the trend for functional food products, could encourage leading companies to expand their penetration."
The ketone supplements market size will observe an appreciable gain on the back of the need for a convenient and healthy dietary option. A host of health upsides, such as weight loss and the trend for functional food products, could encourage leading companies to expand their penetration. Bullish demand for ketone-rich supplements will fare well for leading companies boosting their market presence.
Fortune Business Insights™ has delved into these inputs in an upcoming research report, titled, “Ketone Supplements Market, 2022-2029.”
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COVID-19 Impact-
Robust Demand for Nutritional Supplements Fostered Industry Growth
The onset of the COVID-19 pandemic led to a supply chain disruption, with manufacturing plants witnessing a temporary shutdown. Meanwhile, soaring demand for nutritional supplements to combat the pandemic prompted ketone supplement manufacturers to boost production. The inclusion of the supplement as ketone shakes, RTD and powders will augur well for the industry growth. The food & beverage industry could be the major recipient of the supplements over the next few years.
Segments-
In terms of type, the industry is segregated into gummies, liquids, tablets & capsules and powders. With respect to application, the market is segmented into cosmetics, foods & beverages and personal care products. From the geographical perspective, the market is classified into Europe, North America, Asia Pacific, the Middle East & Africa and South America.
Report Coverage-
The research report offers insights into industry dynamics redefining the global landscape. The report delves into drivers, opportunities, restraints and trends to provide a holistic market view. The report is prepared through primary sources, including interviews with directors and executives and qualitative and quantitative analyses. The report also provides secondary resources, such as press releases, annual reports, white papers and journals. The report also deep dives into pre-COVID and post-COVID outlooks and offers a holistic view of the global market.
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Drivers and Restraints-
Expanding Food & Beverage and Personal Care Industries to Boost Growth Prospect
The demand for ketone-based food & beverage options is expected to propel ketone supplements market growth. Restaurants and eateries are expected to bank on the trend for a healthy lifestyle and strong demand from sportspersons. Besides, a notable surge in the geriatric population, along with a rise in health conscious consumers, will bode well for the industry growth. Stakeholders have also cashed in on the prominence of ketone drinks and shakes with advanced formulations. That said, the likelihood of keto flu, including dizziness, nausea, fatigue and vomiting, could hamper the industry forecast over the next few years.
Regional Insights
North America to Gain Prominence with Strong Demand from Sportspersons
Stakeholders expect North America market to provide promising growth opportunities during the assessment period. The growth is mainly attributed to the strong demand from sportspeople and athletes across the U.S., Canada and Mexico. The adoption of a healthy lifestyle and the presence of leading companies will boost the regional market.
Europe ketone supplements market share will witness an upward trajectory on the back of rising investments in personal care products and the food and beverage sector. Moreover, tablets and powder forms of ketone supplements will be highly sought-after across the U.K., France, Germany and Italy, among others. Europe is likely to offer a host of promising opportunities for manufacturers gearing to boost their presence across the region.
Competitive Landscape-
Industry Players Invest in Product Launches to Tap into Markets
Leading players could inject funds into R&D activities, product launches, innovations, and collaboration to boost their competitive edge in the global market. Besides, the infusion of funds into technological advancements will help stakeholders expand their penetration across untapped areas.
- April 2022: Evolve Supplements rolled out keto drops in its keto product portfolio to boost weight reduction.
Some of the Leading Companies Profiled in the Market:
- BPI Sports (U.S.)
- Perfect Keto (U.S.)
- Zhou Nutrition LLC (U.S.)
- Nutrex Research (U.S.)
- Ketoneaid Inc (U.S.)
- Ketologic (U.S.)
- Sapien Body (U.S.)
- Finaflex (U.S.)
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