Ketogenic Diet Food is the food consumed by the people opting for keto-diet. It has low levels of carbohydrates but high levels of fats & protein.
According to the MarkNtel Advisors’ research report, “Global Ketogenic Diet Food Market Analysis, 2021," the market is likely to grow at a CAGR of around 5.2% between 2021-26. In the 20th century, doctors practiced the keto diet to treats seizures. Nowadays, it is a popular diet form among people to build muscles and lose weight. The increasing inclination of customers to make the keto diet a part of their lifestyle and the rising use of this diet to treat disorders like refractory epilepsy, Parkinson’s, and Alzheimer’s has driven its demand. Factors like the surging prevalence of obesity among millennials, the increasing working population, and the rapid boost in market players contribute to the market growth in the forecast period.
|Study Period||Historical Data: 2016-19|
|Base Year: 2020|
|Forecast Period: 2021-26|
|Regions Covered||North America: USA, Canada, Mexico|
|Europe: Germany, The UK, France, Spain, Italy|
|Asia-Pacific: China, India, Japan, South Korea, Australia|
|South America: Brazil, and Argentina|
|Middle East & Africa: UAE, Saudi Arabia, South Africa|
|Key Companies Profiled||Ample Foods, Ancient Nutrition, Bulletproof 360, Inc., Dang Foods Co., Danone S.A., Fat Snax, Nestlé S.A., Perfect Keto, etc.|
|Unit Denominations||USD Million/Billion|
Ketogenic Diet Beverages Acquired Significant Market Share
Based on product, Ketogenic Diet Beverages acquired a significant market share in 2019. The segment growth attributes to rising customer inclination toward keto beverages owing to increasing demand for low sugar products & innovative keto beverages produced by market players. The surging consumption of keto-beverages such as shakes & coffee creamers as meal replacements to reduce weight is further placing a positive influence on the growth of the Ketogenic Diet Food market, reveals MarkNtel Advisors in their research report, "Global Ketogenic Diet Food Market Analysis, 2021."
Online Segment is Gaining Robust Pace
Based on the distribution channel, the online segment has witnessed robust growth in the market due to the wide range & availability of keto diet products, a growing trend toward online shopping, and the sturdy presence of e-commerce giants. The launch of products, either individually or in partnership with other giants, and the paradigm shift of offline stores to online platforms are crucial factors likely to boost the segment growth in the forecast period.
Europe Accounted for the Largest Market Share
Europe accounted for the largest market share in the Global Ketogenic Diet food industry in 2019 due to propelling trend of the Keto diet among people in countries such as the UK, Germany, France, etc. The growth is primarily due to the rising incidences of chronic diseases owing to adopting unhealthy lifestyles, growing health concerns, and escalating demand for keto diet food supplements. The innovative range of keto snacks, the increasing emergence of new competitors in the market, and the surging number of people adopting the keto lifestyle are factors promising lucrative market growth.
Surging Prevalence of Obesity Among Millennials
The Keto diet is a popular diet form that helps in reducing weight due to its low carb and high fat & protein content. It is gaining substantial consideration by millennials as a potential weight-loss strategy. The high prevalence of obesity among customers due to sedentary lifestyles, rising consumption of frozen & junk food, and less physical activities are factors shooting up the keto diet adoption rate. By 2030, the number of obese adults is likely to reach 1.35 billion globally, thereby making a positive impact on the growth of ketogenic diet foods.