Keto Diet Market Massive Growth Expected for Market During Forecast Period 2032

Explore the Report Ocean publication titled ‘Keto Diet Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032’.

Analysis and Growth Projection for the Global Keto Diet Market:

Global Keto Diet Market is valued at approximately USD 13.92 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5 % over the forecast period 2022-2029. Keto Diet also known as ketogenic diet is a low carbohydrate, high fat diet. In keto diet, more calories are obtained from protein and fats and less from carbohydrates.

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Moreover, this diet is used for weight management & also for the management of certain medical conditions like cancer, epilepsy, and acne among others. Different low-carb food products are consumed in keto diet including fish and seafood, meat and poultry, and non-starchy vegetables such as bell peppers, broccoli, and zucchini, avocados, berries, nuts and seeds, eggs, high-fat dairy products. The increasing prevalence of overweight & obesity and growing number of health-conscious individuals are key factors driving the market growth.

The rising prevalence of obesity & overweight due to sedentary lifestyles is contributing to the growth of the Global Keto Diet Market. For instance, according to World Obesity Federation’s – e World Obesity Atlas 2022, globally 1 in 5 women and 1 in 7 men would be living with obesity by 2030. In addition, more than 1 billion people globally would be living with obesity by 2030. Moreover, as per the National Health Service (NHS), UK – as of 2020, 63% of UK adults aged 18 and more are affected by overweight or obesity and approximately 11,117 hospital admissions in UK were due to obesity. Also, increasing number of product innovations from market players and rising emergence of online distribution channels would create a lucrative growth prospectus for the market over the forecast period. However, high costs associated with keto diet and downsides associated with ketogenic diets such as hepatic steatosis, kidney stones, hypoproteinemia, vitamin deficiency, etc. stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Keto Diet Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing number of individuals opting for ketogenic diet in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising number of obese and overweight individuals and increasing penetration of leading market players in the region.

Major market players included in this report are:

• Ample Foods Private Limited
• Ancient Brands LLC
• Danone S.A
• Keto And Company
• Know Brainer Foods LLC
• Love Good Fats
• Nestle S.A
• Perfect Keto
• Pruvit Ventures, Inc.
• Zenwise Health

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Recent Developments in the Market:

In September 2020, General Mills launched first-ever keto-friendly product line, called Ratio. The company launched yogurt cultured dairy snacks and crunchy bars.

In March 2021, PepsiCo under its keto-friendly snacks brand named Hilo Life launched almond flour-based chips. The company introduced three snack flavor profiles, Nacho Cheese, Ranch and Spicy Salsa.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product Type

• Supplements
• Beverages
• Snacks
• Dairy

By Distributional channel

• Online
• Hypermarket and Supermarket
• Specialty Stores
• Convenience Stores

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE (Rest of Europe)
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC (Rest of Asia Pacific)
• Latin America
  • Brazil
  • Mexico
• Rest of the World

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Highlighting Key Aspects in Keto Diet Market Report:

Business Overview: In-depth exploration of the company’s operations and business divisions.

Corporate Strategy: Concise summary of the company’s strategic approach to business.

SWOT Analysis: Comprehensive examination of the company’s strengths, weaknesses, opportunities, and threats.

Company History: Chronological account of significant events shaping the company’s trajectory.

Key Products and Services: Catalog of prominent products, services, and brand offerings by the company.

Competitive Landscape: Identification of major competitors in the industry.

Strategic Locations and Subsidiaries: Inventory and contact details of pivotal locations and subsidiaries.

Financial Performance Analysis: Comprehensive financial ratios from the company’s annual financial statements, spanning the last five years.

Why Invest in This Report?

– Accelerate your decision-making process with rapid and time-critical insights.

– Uncover pivotal growth and investment prospects within the Keto Diet market.

– Make informed decisions supported by robust historical and forecast data for the Keto Diet market.

– Strategically position yourself to harness the industry’s maximum growth potential.

– Pinpoint crucial partners and avenues for business development.

– Gain a comprehensive understanding of your competitors’ business landscape, strategies, and future prospects.

Frequently Asked Questions:

➟ What primarily fuels the expansion of the Keto Diet market?

➟ What factors impede the market’s progress?

➟ Who stands out as the pivotal players in the market?

➟ Which geographical area commands the largest market share?

➟ What recent developments characterize the trends in the Keto Diet market?

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