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Global Ketone Oil Market – Industry Trends and Forecast to 2029

Food & Beverage

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Global Ketone Oil Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Ketone Oil Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 2.57 Billion
Diagram Market Size (Forecast Year) USD 4.13 Billion
Diagram CAGR %

Global Ketone Oil Market, By Application (Food & Beverages and Cosmetics & Personal Care Products), Supplement (Ketone Salts, Ketone Esters, Ketone Oils and Raspberry Ketones), Form (Solid and Liquid and Semi-Liquid) – Industry Trends and Forecast to 2029.

Ketone Oil Market

Ketone Oil Market Analysis and Size

The liver naturally produces ketones in the human body during gluconeogenesis, a process that produces glucose during fasting and starvation. Ketone supplements have numerous advantages. These include improved athletic performance, faster weight loss, cancer prevention, cognitive enhancement, anti-inflammatory properties, and even healthier skin.

Data Bridge Market Research analyses that the ketone oil market which was valued at USD 2.57 billion in 2021 is expected to reach the value of USD 4.13 billion by 2029, at a CAGR of 6.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Ketone Oil Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Application (Food & Beverages and Cosmetics & Personal Care Products), Supplement (Ketone Salts, Ketone Esters, Ketone Oils and Raspberry Ketones), Form (Solid and Liquid and Semi-Liquid)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Perfect Keto (U.S.), HVMN Inc. (U.S.), BPI Sports (U.S.), Ketologic (U.S.), Pruvit (U.S.), Ketone Aid Inc (U.S.), Compound Solution Inc. (U.S.), Sapien Body (U.S.), Zhou Nutrition (U.S.), Know Brainer Foods (U.S.), Finaflex (U.S.), Ion Labs (U.S.), Keto & Company (U.S.), Boli Naturals (U.S.), Volken Chemicals (India), Union Pharmpro Company Ltd. (China), Nutrex Research (U.S.), Ancient Nutrition (U.S.), Zenwise Health (U.S.), and Ketond Nutrition LLC (U.S.)

Opportunities

  • Consumer spending on natural-ingredient products has increased significantly
  • Rapid urbanization, population growth, the availability of a wide range of products
  • Rising sales of natural beauty products, as well as consumer preference for avocado ingredients in cosmetics

Market Definition

Ketones are common carbonyl group compounds, generally because they exclude reactive groups such as -Cl or -O.H., which are usually simple carbonyl group compounds. In world-class educational laboratories, several techniques for processing ketones have been introduced.

Global Ketone Oil Market Dynamics

Drivers

  • Various health benefits associated to ketones is augmenting market growth

The growing popularity of convenience food products due to busy lifestyles and the development of quick-to-use products has made ketogenic products more accessible, providing a boost to the market. Furthermore, the introduction of numerous nutraceutical and pharmaceutical supplements rich in ketones that provide a variety of benefits such as cancer prevention, cognitive improvement, and anti-inflammatory properties is one of the drivers propelling the market forward.

  • Technological advancements to improve product nutritional profile

Manufacturers are implementing cutting-edge technology solutions to improve the nutritional quality of processed foods, which is expected to drive up demand. Furthermore, the expansion of the global retail sector, combined with an increase in consumer disposable income, is expected to positively impact ketone oil production and distribution worldwide. The growing global population's exponentially increasing demand for processed food is expected to drive the growth of the global ketone oil market in the near future.

Opportunities

The increased demand for ketone has attracted many key players in the market and domestic players such as retailers, wholesalers, suppliers, and others. Consumer awareness of the health benefits of low sodium levels in food products is expected to drive growth in the ketone market in the processed food industry. Ketone consumption lowers the risk of heart attack and contains a lot of antioxidants. Ketone is used to treat gout and arrhythmia in patients with low blood potassium levels. With all of the additional benefits of ketone, there is a good opportunity for the market's key players to increase their market share.

Restraints

However, rising ketone supplement prices and side effects and risks associated with ketones consumption are major factors acting as restraints and will further challenge the ketone oil market during the forecast period.

This ketone oil market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ketone oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Ketone Oil Market

Due to the strict imposition of lockdown following the introduction of COVID-19, most customers around the world have been following a strict fitness and diet plan from the comfort of their homes. As a result, many social media platforms and online health training websites have promoted the consumption of nutritious foods, which also help with weight loss. As a result, the growth of keto-based food and beverage consumption has accelerated, and this trend is expected to continue in the future. Furthermore, obesity can reduce lung capacity and complicate COVID-19 patients' ventilation. The aforementioned factors suggest that products that improve health and immunity will be in high demand in the coming years, positively impacting the market share of ketones.

Global Ketone Oil Market Scope

The ketone oil market is segmented on the basis of application, supplement and form. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

  • Solid
  • Liquid
  • Non-liquid

Application

  • Food and Beverages
  • Personal Care and cosmetics
  • Supplements

Supplement

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

Ketone Oil Market Regional Analysis/Insights

The ketone oil market is analysed and market size insights and trends are provided by country, application, supplement and form as referenced above.

The countries covered in the ketone oil market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the ketone oil market due to the growing popularity of ketone supplements, increased consumer demand, and food and beverage alternatives for weight loss.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Ketone Oil Market Share Analysis

The ketone oil market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ketone oil market.

Some of the major players operating in the ketone oil market are:

  • Perfect Keto (U.S.)
  • HVMN Inc. (U.S.)
  • BPI Sports (U.S.)
  • Ketologic (U.S.)
  • Pruvit (U.S.)
  • Ketone Aid Inc (U.S.)
  • Compound Solution Inc. (U.S.)
  • Sapien Body (U.S.)
  • Zhou Nutrition (U.S.)
  • Know Brainer Foods (U.S.)
  • Finaflex (U.S.)
  • Ion Labs (U.S.)
  • Keto & Company (U.S.)
  • Boli Naturals (U.S.)
  • Volken Chemicals (India)
  • Union Pharmpro Company Ltd. (China)
  • Nutrex Research (U.S.)
  • Ancient Nutrition (U.S.)
  • Zenwise Health (U.S.)
  • Ketond Nutrition LLC (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The current value of the market is USD 2.57 billion in 2021.
The growing rate of the market in forecast period of 2022-2029 is 6.10%.
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