Ketogenic Diet Food Market Size Will Gain A Significant Value Of $14.5 Billion By 2031

(MENAFN- EIN Presswire)

WILMINGTON, DE, UNITED STATES, December 12, 2024 /EINPresswire / -- The global ketogenic diet food market size was valued at $8.4 billion in 2021, and is estimated to reach $14.5 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.

The expansion of the ketogenic diet market is being driven by the rising prevalence of overweight and obesity problems among the younger generation, millennials, and working-class population. The market for foods for the ketogenic diet is also anticipated to develop as consumers adopt healthier lifestyles and increase their expenditure on weight control foods.

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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. The expansion of online retail channels that offer a wide range of product options, rise in consumer spending power, and manufacture of plant-based protein snacks and beverages for the vegetarian and vegan community are all expected to further fuel the ketogenic diet food market growth.

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.

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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.
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.

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