Low carb

Ketogenic diet market worth $15.78 billion by 2030

Ketogenic diet market worth $15.78 billion by 2030

New York, U.S., May 25, 2022 (GLOBE NEWSWIRE) — Ketogenic Diet Market Overview:

According to a comprehensive research report by Market Research Future (MRFR), “Ketogenic diet market Information by product type, distribution channel and region – Forecast to 2030the market is expected to acquire a size of over $15.78 billion by the end of 2030. The report further forecasts that the market will flourish at a healthy CAGR of over 5.65% during the period. of examination.

Market summary

The ketogenic diet is gaining popularity due to its potential weight loss and blood sugar control benefits. According to preliminary research, this low-carb, high-fat diet may also help treat cancer, Alzheimer’s disease, and other illnesses. Still, more research is needed to confirm the long-term usefulness and safety of the keto diet. Obesity contributes to several chronic conditions, including cardiovascular disease, diabetes, and high blood pressure, so the ketogenic diet has become an effective weight loss strategy. Obesity rates have risen dramatically in recent years, fueling the desire for an effective weight loss regimen. During the forecast period, these health-related issues are expected to drive the ketogenic diet market. The ketogenic diet has grown in popularity in recent years due to its positive benefits for people of all ages; it is a high-fat, low-carb diet.

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Report Scope:

Report attribute Details
Market size 2030 $15.78 billion
CAGR 5.65% (2022-2030)
base year 2021
Forecast period 2022-2030
Historical data 2020
Forecast units Value (USD billion)
Report cover Revenue forecasts, competitive landscape, growth factors and trends
Segments Covered By product type, distribution channel and region
Geographical areas covered North America, Europe, Asia-Pacific and Rest of the World (RoW)
Key Market Drivers Raising health and fitness awareness during the COVID 19 situation
Increased demand for ready-to-eat foods or shakes

Market Competitive Landscape:

Distinguished Companies in the Ketogenic Diet Market are:

  • Diet Darzee (India)
  • Prosperous Market (USA)
  • Keto and Company (USA)
  • Pruvit Ventures, Inc. (USA)
  • Nutricia (United States)
  • Lovegoodfats (UK)
  • Perfect Keto (USA)
  • Keto Fridge (US)
  • Nestlé (Switzerland)
  • Ample Diets (US)

Covered USP market:

Market factors:

The high-fat, low-carb drinks are designed to provide sustained energy and accelerate the metabolic state of ketosis, allowing the body to burn fat more efficiently. As a result, this aspect propels the ketogenic drinks market and the ketogenic food market. Various variables influence the global ketogenic diet market. The development of unhealthy lives in cities and an increased risk of obesity are driving the demand from the global market. Additionally, compared to artificial weight loss procedures such as weight loss drugs or a gastrectomy, the keto diet reduces body fat faster and more organically, leaving less risk of adverse effects.

The heightened awareness of fitness and health during the COVID-19 circumstance is also increasing the demand for the global market. The global demand for ketogenic diets is increasing. Intensive research and development in the keto diet industry will create numerous growth opportunities in the global market throughout the forecasted period. Additionally, growth in the market for ready-to-eat foods or beverages that can be used as meal replacements opens up several new growth potentials in the global industry. Widespread adoption of the bottled meal model also offers potential for expansion.

Market constraints:

Although the ketogenic diet industry is multiplying, various limitations limit its global expansion. The high cost of this diet makes it unaffordable for most people, which limits the overall market growth. Additionally, many people are changing their lifestyles and opting for vegan products, which is limiting the growth of the keto diet market.

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COVID 19 analysis

COVID 19 is a global pandemic that has affected many members of society. Due to the global pandemic, most individuals have lost their jobs. The growth and dynamics of several industries have been affected. Due to a vaccine shortage, everyone is worried about their immunity and practicing social distancing. People are more health conscious with escalating waves of a global COVID 19 outbreak. They are boosting their immunity by adopting healthy practices. Demand for ready-to-drink shakes as a lunch replacement is growing as social distancing and contactless activities expand. The global COVID 19 pandemic has had a beneficial impact on the global market share of the ketogenic diet market.

The market share of ketogenic diets is expected to increase further over the forecast period. Additionally, the COVID-19 outbreak has wreaked havoc on the retail sector of the ketogenic food industry. More and more people have started to shop online, ranging from click-and-collect to delivery services, which has led to a tremendous growth in online distribution channels.

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Market segmentation

By product type

The fruit and vegetable segment is estimated to account for a major share of the ketogenic diet market. Some of the most popular keto beverages, such as bulletproof coffee, iced tea, and keto hot chocolate, are driving demand for beverages.

By distribution channel

The supermarket/hypermarket segment holds the largest market share, which is expected to maintain over the projected period. Major manufacturers use offline retail stores such as hypermarkets and supermarkets to promote their products. Additionally, many organizations are expanding their customer base by setting up new physical stores around the world. Additionally, the growing number of offline companies in the ketogenic diet market is expanding the scope of this distribution channel.

Regional outlook

The North American area holds the highest market share in the global industry, owing to growing awareness of health and fitness and intensifying disposal income, which is driving market expansion. The European region holds the second largest market share in the global ketogenic diet market. As a result, the proportion of overweight men and women in Europe and around the world is steadily increasing, driving up the demand for keto foods and drinks. The market is growing due to changing lifestyles and increased awareness of health and fitness. The Asia-Pacific region holds the third largest market share in the global industry, owing to its rapid growth. Due to the greater population density in this region, this type of food is in greater demand.

Also, a large portion of the population in this region is obese, and since the keto diet helps in losing and managing weight, the demand in this region will increase over the forecast period. In addition, the intensification of personal discretionary income in emerging markets opens up a wealth of new economic potential. The growth in demand is accelerated by a rapid change in preference for a healthy lifestyle.

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