Ketones Global Market Report 2024

Description

“Ketones Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ketones market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for ketones? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The ketones market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Ketone Salts; Ketone Esters; Ketone Oil; Raspberry Ketone
2) By Form: Liquid; Solid; Semi-Liquid
3) By Distribution Channel: Direct; Indirect
4) By Application: Cosmetics And Personal Care; Food And Beverages; Dietary Supplements; Other Applications
Companies Mentioned: Zhou Nutrition LLC; Pruvit Ventures Inc.; Perfect Keto LLC; KetoneAid Inc.; Ketologic LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Ketones are a class of organic compounds characterized by a carbonyl group, wherein a carbon atom is covalently bonded to oxygen atoms, and the remaining two bonds connect with hydrocarbon radicals. They are present in various sugars and medical compounds, including both natural and synthetic steroid hormones.

The primary classifications of ketones encompass ketone salts, ketone esters, ketone oil, and raspberry ketone. Ketone salts are exogenous ketone bodies bound to minerals such as calcium, sodium, or magnesium, used as dietary supplements to promote weight loss by encouraging the body to utilize fats for energy. Ketones are available in major forms such as liquid, solid, and semi-liquid, distributed through both direct and indirect channels. They find application in diverse sectors such as cosmetics and personal care, food and beverages, dietary supplements, among others.

The ketones market research report is one of a series of new reports from The Business Research Company that provides ketones market statistics, including ketones industry global market size, regional shares, competitors with a ketones market share, detailed ketones market segments, market trends and opportunities, and any further data you may need to thrive in the ketones industry. This ketones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ketones market size has grown strongly in recent years. It will grow from $531.09 billion in 2023 to $569.56 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth observed in the historical period can be attributed to several factors, including the industrial applications of solvents, the expansion of the pharmaceutical and cosmetic industries, the growth of the paints and coatings sector, the adoption of these substances in adhesives and sealants, and advancements in the development of specialty chemicals.

The ketones market size is expected to see strong growth in the next few years. It will grow to $772.88 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The anticipated growth in the forecast period can be linked to various factors, including a shift towards bio-based ketones, an increased demand for high-performance polymers, a growing emphasis on green chemistry, a rising demand for low-VOC coatings, and the sustained growth of the electronics industry. Noteworthy trends expected in the forecast period encompass technological innovations in synthesis processes, advancements in biomedical and therapeutic research, innovations in ketone supplements, the trend towards ketogenic diets, and increased collaborations and development initiatives.

The growth of the Ketones market is significantly fueled by the increasing demand for processed beverages and foods. Processed foods undergo alterations during preparation to enhance their flavor and extend shelf life. Ketones are incorporated into various food and beverage items such as energy drinks, supplements, or energy bars to boost nutritional content. This is particularly popular among professional athletes and fitness enthusiasts engaging in intense workouts, seeking ways to enhance energy and performance, and manage blood sugar levels by reducing the glycemic response. Notably, Europe emerged as the largest market for processed fruit and vegetables globally, representing 45% of global imports in 2020, according to the Center for the Promotion of Imports (CBI).

The Ketones market is experiencing growth due to the expanding reach of e-commerce and online retailing. The convenience of online shopping allows consumers to easily explore and purchase ketones from the comfort of their homes. The availability of diverse product selections, customer reviews, and educational content on e-commerce platforms contributes to informed decision-making. The first quarter of 2021 witnessed a substantial 39.0% increase in US e-commerce sales compared to the same period in 2020, according to the United States Department of Commerce, further emphasizing the impact of online retail on the ketones market.

A key trend driving the Ketones market is product innovations, with major companies focusing on research and development to introduce new and improved products. For instance, EKF Diagnostics, a UK-based healthcare company, introduced the Stat-Site WB handheld analyzer in March 2021. This dual-purpose portable analyzer measures beta-ketones and glucose, providing rapid results without the use of reagents. This innovation supports comprehensive management of diabetic patients by offering quick testing for both ketones and glucose.

Major players in the ketones market are striving for a competitive edge through the development of new drinkable ketones. Drinkable ketones refer to beverages or supplements containing exogenous ketones produced outside the body. Health Via Modern Nutrition, a US-based nutrition company, launched Ketone-IQ in January 2022. Positioned as the next generation of drinkable ketones, Ketone-IQ aims to enhance metabolic states, providing benefits such as sustained energy, improved endurance, mental clarity, and appetite control for a broader consumer base, including high-performing athletes, military personnel, and health-conscious individuals.

In August 2021, Brenntag SE, a Germany-based provider of chemicals and ingredients, acquired Matrix Chemical LLC, a US-based chemicals company, for an undisclosed amount. This strategic acquisition strengthens Brenntag SE's logistics network for acetone and solvents in North America, enabling the company to capitalize on market opportunities and efficiently supply a diverse range of core goods to its clients. Matrix Chemical LLC has been instrumental in assisting major companies in meeting their chemical requirements.

Major companies operating in the ketones market report are Zhou Nutrition LLC, Pruvit Ventures Inc., Perfect Keto LLC, KetoneAid Inc., Ketologic LLC, Keto and Company, Ancient Nutrition, HVMN Inc., Compound Solutions Inc., Finaflex, Sapien Body Llc., BPI Sports LLC, Know Brainer Foods LLC, Boli Naturals, Nutrex Research, Zenwise LLC, Ketond Nutrition LLC, Bio Brands LLC, Caldic B.V., Pure Encapsulations LLC, Eastman Chemical Company, Fitz Chem LLC, Genomatica Inc., Green Biologics Limited, Ketone Nutrition NNC, Ketond LLC, Merck KGaA, Novomer Inc., Oxidative Stress Inc., Perstorp Holding AB, PhosphonicS Ltd., Propanc Health Group Corporation .

Asia-Pacific was the largest region in the ketones market in 2023. The regions covered in the ketones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the ketones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ketone market consists of sales of acetoacetate (AcAc), acetone, and beta-hydroxybutyrate (BHB). Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11092

1. Executive Summary

2. Ketones Market Characteristics

3. Ketones Market Trends And Strategies

4. Ketones Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Ketones Market Size and Growth

5.1. Global Ketones Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Ketones Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Ketones Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Ketones Market Segmentation

6.1. Global Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Ketone Salts
Ketone Esters
Ketone Oil
Raspberry Ketone
6.2. Global Ketones Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Liquid
Solid
Semi-Liquid
6.3. Global Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Direct
Indirect
6.4. Global Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cosmetics And Personal Care
Food And Beverages
Dietary Supplements
Other Applications

7. Ketones Market Regional And Country Analysis

7.1. Global Ketones Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Ketones Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Ketones Market

8.1. Asia-Pacific Ketones Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Ketones Market

9.1. China Ketones Market Overview
9.2. China Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Ketones Market

10.1. India Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Ketones Market

11.1. Japan Ketones Market Overview
11.2. Japan Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Ketones Market

12.1. Australia Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Ketones Market

13.1. Indonesia Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Ketones Market

14.1. South Korea Ketones Market Overview
14.2. South Korea Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Ketones Market

15.1. Western Europe Ketones Market Overview
15.2. Western Europe Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Ketones Market

16.1. UK Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Ketones Market

17.1. Germany Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Ketones Market

18.1. France Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Ketones Market

19.1. Italy Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Ketones Market

20.1. Spain Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Ketones Market

21.1. Eastern Europe Ketones Market Overview
21.2. Eastern Europe Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Ketones Market

22.1. Russia Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Ketones Market

23.1. North America Ketones Market Overview
23.2. North America Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Ketones Market

24.1. USA Ketones Market Overview
24.2. USA Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Ketones Market

25.1. Canada Ketones Market Overview
25.2. Canada Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Ketones Market

26.1. South America Ketones Market Overview
26.2. South America Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Ketones Market

27.1. Brazil Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Ketones Market

28.1. Middle East Ketones Market Overview
28.2. Middle East Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Ketones Market

29.1. Africa Ketones Market Overview
29.2. Africa Ketones Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Ketones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Ketones Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Ketones Market Competitive Landscape And Company Profiles

30.1. Ketones Market Competitive Landscape
30.2. Ketones Market Company Profiles
- 30.2.1. Zhou Nutrition LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Pruvit Ventures Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Perfect Keto LLC
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. KetoneAid Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Ketologic LLC
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Ketones Market Competitive Benchmarking

32. Global Ketones Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Ketones Market

34. Ketones Market Future Outlook and Potential Analysis

34.1 Ketones Market In 2028 - Countries Offering Most New Opportunities
34.2 Ketones Market In 2028 - Segments Offering Most New Opportunities
34.3 Ketones Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer