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.
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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.
Key Companies:
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.
Key findings of the study
- By type, the snacks segment was the significant revenue contributor to the market with $1,282.0 million in 2021, and is estimated to reach $2,691.0 million by 2031, with a CAGR of 7.8%.
- By distribution channel, the offline segment was the highest revenue contributor to the market, with $6,841.5 million in 2021, and is estimated to reach $11,594.3 million by 2031, with a CAGR of 5.6%.
- Region-wise, North America was the highest revenue contributor, accounting for $3,562.3 million in 2021, and is estimated to reach $6,105.7 million by 2031, with a CAGR of 5.7%.
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