Ketogenic Diet Food Market Share, Trends, Industry Key Players
One of the main factors fueling the market expansion is the rising incidence of a number of diseases, including obesity, cardiovascular disorders (CVD), and metabolic syndromes., Rising public knowledge of the keto diet as a viable weight-loss method is also boosting market expansion. In addition, the rising popularity of ketogenic beverages and different ready-to-eat foods, like iced tea, bulletproof coffee, and keto hot chocolate, is positively impacting the market expansion.
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𝐌𝐚𝐣𝐨𝐫 𝐊𝐞𝐲 Players In This Market
The major players operating in the ketogenic diet food industry focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the ketogenic diet market include, Ample Foods, Danone SA, Nestle SA, Prüvit Venture, Keto and company, Zenwise Health, Perfect Keto, Know Brainer Foods, Bulletproof 360 Inc., and Ancient Nutrition.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:
According to the ketogenic diet food market opportunities, region-wise, Asia-Pacific garnered the significant ketogenic diet food market share in 2021 and growing at a CAGR of 7.0% from 2022 to 2031, the Asia-Pacific area is predicted to have the fastest growth rate. The long-term potential for the ketogenic diet food sector is presented by the rising prevalence of overweight people in a number of Asia-Pacific nations, including China and India. These market developments are expected to increase interest in the ketogenic diet.
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The ketogenic diet is an extreme weight loss strategy with detrimental effects on human health and high production costs are likely to act as a market barrier for the development of ketogenic diet foods during the forecast period. Recalls of specific products are expected to provide the greatest impediment to the ketogenic diet food market size expansion.
Key finding of the study
By type, the snacks segment was the significant revenue contributor to the market with $1,282.0 million in 2021, and is estimated to reach $2,691.0 million by 2031, with a CAGR of 7.8%.
By distribution channel, the offline segment was the highest revenue contributor to the market, with $6,841.5 million in 2021, and is estimated to reach $11,594.3 million by 2031, with a CAGR of 5.6%.
Region-wise, North America was the highest revenue contributor, accounting for $3,562.3 million in 2021, and is estimated to reach $6,105.7 million by 2031, with a CAGR of 5.7%.
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