According to the report, the global ketogenic diet food industry generatedย $8.4 billionย in 2021, and is estimated to reachย $14.5 billionย by 2031, witnessing a CAGR of 5.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-sample/17262
Rise in prevalence of overweight and obesity issues among the younger generation, millennials, and the working-class population, growing number of health-conscious people, rise in consumer awareness of the advantages offered by keto diet, and increase in consumer preference toward natural and clean-label products are expected to fuel the growth of the global ketogenic diet food market. However, high production costs of ketogenic diet foods and their detrimental effects on human health hinder the growth of the market. On the other hand, the quick growth of e-commerce and increase in R&D investments by manufacturers to broaden their portfolio and expand their reach due to the ongoing consumer shift toward organic and healthy diet present new opportunities in the market in the future.
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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, Prรผvit Venture, Keto and company, Zenwise Health, Perfect Keto, Know Brainer Foods, Bulletproof 360 Inc., and Ancient Nutrition.
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According to the distribution channel, the online segment was the significant contributor to the market in 2021 and is estimated to reach $2,943.0 million by 2030, at a CAGR of 7.0% during the forecast period. The online sales channel is widely accepted by consumers in the developed countries of North America and Europe, due to the rise in the adoption of mobile phones and the rise in penetration of the internet. Ketogenic diet food can be conveniently sold through online sales channels. Rigorous online marketing supplemented with huge options, availability of detailed information, discount & free home delivery offered by various e-commerce platforms has increased the popularity of cat food products through this sales channel in recent years. Thus above factors are likely to increase the ketogenic diet food market demand during the forecast period.
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.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐:ย https://www.alliedmarketresearch.com/request-for-customization/17262
Asia Pacific to achieve the fastest growth by 2031
Based on region,ย Asia-Pacificย is anticipated to manifest the fastest CAGR of 7.0% during the forecast period, 2022-2031. Increase in urbanization and rise in the number of middle class consumers have encouraged the adoption of convenience-oriented lifestyles, making ketogenic diet food more desirable for all age group people in the region. However,ย North Americaย held the largest market share in 2021, accounting for more than two-fifths of the global ketogenic diet food market, and is likely to lead the trail throughout the forecast period. Demand for ketogenic diet foods in this region is expected to rise throughout the forecast period. This is due to rising obesity rates and strong awareness of the importance of eating a healthy diet among millennial.
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