ketogenic Diet Market Demand, Size, Share, Industry, Forecast | MRFR
Market Scenario
The ketogenic diet market industry is projected to grow from USD 11.093 Billion in 2023 to USD 17.2192 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.65% during the forecast period (2023 - 2032).
Market Highlights
As well as the sedentary lifestyles in urban cities, the growing prevalence of obesity propels the adoption of ketogenic diets. In comparison, following a ketogenic diet essentially tends to eliminate obesity and hence has reduced risk of side effects compared with alternative approaches such as weight loss drugs and gastrectomy. The the demand for ready-to-eat healthy foods and increased health awareness are expected to fuel growth in the global ketogenic diet market over the forecast period. The ketogenic diet market outlook is poised for sustained growth as consumer demand for low-carb, high-fat dietary options continues to rise.
Segmental Analysis
The global ketogenic diet market has been segmented based on product type, distribution channel, and region.
By product type, the market has been segmented into beverages, fruits and vegetables, nuts and seeds, meat, poultry, and eggs, seafood, and others. Due to the existence of polyunsaturated fatty acids ( PUFA), good protein levels, and very low carbohydrate content in such foods, the seeds and nuts and seafood segments are projected to account for substantial market shares during the forecast period. Due to the ease of availability and comparatively low cost compared with other product categories, the beef, poultry, and egg segment is projected to hold the largest market share during the forecast period. The category of fruit and vegetables is expected to account for a relatively limited market share but is expected to expand significantly over the forecast period.
The global ketogenic diet market was divided into store-related and non-store-depending, related on the delivery channel. During the projection era the store-based segment is projected to be smaller. The online retail market, however, is expected to report the higher growth rate during the forecast period mainly because of the channel 's favourable pricing and purchasing convenience.
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Regional Overview
The global ketogenic diet market has also been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The growth of the ketogenic diet market is higher in North America and Europe as compared to Asia-Pacific and the rest of the world due to increased health awareness and higher per-capita disposable incomes.
During the prognosis period, North America is expected to account for the highest market share. Also expected to result in a substantial market share and a fast growth rate is the presence of many ketogenic product vendors in the region. The growth of the North American ketogenic diet industry is largely due to increasing public perception of health problems such as weight gain and obesity. U.S. and Canadian customers are heading towards a healthier lifestyle, and they favour goods that offer health benefits. In North America, ketogenic diet food producers are also constantly expanding their product range to satisfy the demands of customers.
During the projected timeframe the European ketogenic diet market is predicted to be the second highest. High per capita disposable incomes, particularly in Western Europe, and widespread health awareness in the region are the key drivers for consumer growth in Europe. The Asia-Pacific ketogenic diet market is young, and is expected to expand steadily over the projected period. Owing to the region 's growing expatriate population the Middle East industry is projected to experience substantial demand growth in the future. It is predicted that South Africa will account for a large share of the African market as ketogenic diet items are gaining popularity in the region.
The ketogenic diet market insight continues to grow as consumers seek low-carb, high-fat solutions for weight management and improved health.
Competitive Dashboard
Some of the key players in the global ketogenic diet market are Diet Darzee (India), Thrive Market (US), Nutricia (US), Lovegoodfats (UK), Perfect Keto (US), Keto Fridge (US), Keto and Company (US), Pruvit Ventures, Inc. (US), Nestle (Switzerland), and Ample Diets (US).
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