According to TechSci Research report, “Global Ketones Market By Form (Solid, Liquid & Semi-liquid), By Application (Supplements, Food & Beverages, Cosmetics & Personal Care Products), By Supplement Type (Ketone Salts, Ketone Esters, Ketone Oil, Raspberry Ketones), By Region, Forecast & Opportunities, 2025”, the global ketones market is expected to grow at a significant rate during the forecast period on account of increasing trend of adopting healthy lifestyle, consumption of convenience foods and widening application base of ketones in automotive, electronics & electric and industrial processes. Additionally, ketone also behaves as an excellent solvent for certain types of plastics and synthetic fibers, hence finds application in different sectors such as pharmaceutical, food, fragrance, cosmetics because of its chemical properties. Ketones are often used in perfumes and paints in order to stabilize the ingredients to avoid degradation. However, high price of ketones along with availability of multiple substitutes with similar properties can hamper the market growth.
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The global ketones market is segmented based on form, application, supplement type, company and region. Based on application, the global market for ketones is segmented into supplements, food & beverages and cosmetics & personal care products. Among them, supplement type accounted for the largest share in 2019 owing to factors such as growing use of ketone supplements among sportsmen and increased health awareness among people in general.
Globally, Asia-Pacific held the leading market share in the global ketones market in 2019. The region is expected to further observe high growth during the forecast years because of favorable economic factors such as industrialization in developing economies like India and China. These developing economies are also witnessing developments in chemical industry infrastructure, which is positively impacting the global ketones market.
HVMN Inc., Perfect Keto LLC, BPI Sports Holdings, LLC, Disruptive Enterprises, LLC (KetoLogic), Pruvit Ventures Inc, Ketone Aid Inc, Compound Solution Inc., Union Pharmpro Company Ltd., Ketond Nutrition LLC and Volken Chemicals Pvt Ltd. are some of the leading players operating in global ketones market. The leading market players are undertaking different strategies to improve their market position and exercise their competitive advantage.
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“Based on form, the solid form of ketones witnessed high demand in 2019 compared to liquid or semi-liquid forms. Solid form is readily available for use and is convenient to carry. Also, relative to liquid and semi-liquid types, it has improved shelf life and does not need any sort of blender unlike the liquid form. These factors make the solid form of ketones a more preferred alternative among consumers.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Ketones Market By Form (Solid, Liquid & Semi-liquid), By Application (Supplements, Food & Beverages, Cosmetics & Personal Care Products), By Supplement Type (Ketone Salts, Ketone Esters, Ketone Oil, Raspberry Ketones), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global ketones market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global ketones market.
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