PUBLISHER: Grand View Research | PRODUCT CODE: 1678741
PUBLISHER: Grand View Research | PRODUCT CODE: 1678741
The U.S. ketones market size is estimated to reach USD 2.96 billion in 2030 and is expected to grow at a CAGR of 5.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing consumption of convenience food and rising health consciousness among consumers.
In addition, the presence of a large number of restaurants and eateries in the country providing ketone-based food & beverages is expected to have a positive impact on the market growth. Ketones are manufactured using organisms, the most common method to produce the product involves oxidation of hydrocarbon with air. Some other methods of production include geminal halide hydrolysis, oxidation of amines with iron chloride, decarboxylation of carboxylic anhydride, and others.
Key players focus on new product launches coupled with mergers & acquisitions. Multinational companies like BASF SE have a strong presence throughout the value chain. The U.S.-based e-commerce platform named Sephora USA, Inc. saw an increase in revenue by 30% and it is expected to increase over the forecast period due to the popular trend of online shopping due to convenience and affordable product prices.