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The global ketogenic diet food market has gained significant recognition for its potential to promote weight loss and manage blood sugar. The products are popularly known for their high-fat and low-carb composition. It effectively improves certain health conditions, such as epilepsy and type 2 diabetes. As individuals are becoming more diet-conscious and fitness-conscious, ketogenic diet is becoming popular in developed and developing nations.
According to the World Health Organization (WHO), 2.5 billion adults (18 years and older) were reported to be overweight, out of which 890 million were living with obesity in 2022. Furthermore, in 2022, around 37 million children (below 5 years) and over 390 million adolescents aged children (in between 5–19 years) were confirmed to be overweight, out of which 160 million had obesity. The increasing prevalence of obesity is the primary factor driving the growth of the global ketogenic diet food market.
The COVID-19 pandemic had a significant impact on the market. Owing to the increased health awareness during the pandemic, individuals started to follow dietary strategies that boost their immune systems and overall health. The potential health benefits associated with ketogenic food notably fueled the growth of the market during the pandemic period.
Increasing Adoption of Healthy Diet Regimes to Uplift the Market
The growing prevalence of lifestyle diseases associated with obesity, cardiovascular disorders, and metabolic syndrome has remarkably forced users to practice healthy diet, such as ketogenic and paleo diets. As a result, health-conscious individuals are shifting toward food intakes that are incorporated with keto-friendly products. The manufacturers are offering a wide range of low-carb, high-fat, and protein-rich food products to meet the rising demand.
For instance, in September 2020, the global manufacturer of consumer food products, General Mills Inc. dairy snacks. The products deliver high levels of protein, rich flavors, and enhanced texture. The company aimed to offer convenient and tasty indulgent snack options to consumers seeking products low in sugar and carbs.
Inappropriate Knowledge about Ketogenic Diet to Hamper the Demand
The ketogenic diet involves the consumption of very low amounts of carbohydrates to help the body burn fat instead of carbs for the production of energy. Inappropriate consumption of keto-diet foods can lead to potential nutrient deficiencies. Long-term adherence to a ketogenic diet can potentially affect overall health due to insufficient intake of essential vitamins, minerals, and fibers. The nutrient deficiencies and high saturated fat intake can further result in improper functioning of the kidneys, liver problems, and gastrointestinal issues, such as constipation. Therefore, the individuals may find it challenging to sustain the diet over a long period, which is expected to restrict the growth of the market.
Growing Product Innovations to Accelerate the Market Expansion
The market competition can be attributed to the presence of multiple key players introducing innovative products to cater to the growing demand. The manufacturers are involved in acquiring lucrative opportunities through new product launches and strategic marketing practices to reinforce their regional presence. For instance, in February 2020, Dang Foods Company, one of the leading manufacturers of food products, expanded its ketogenic product lines by launching new products such as Tropical Mango Coconut Chips, Toasted Sesame Thai Rice Chips, and Peanut Butter Dang Bar. The company aimed to amplify awareness around snack food culture in both regions and strengthen its business in Asia through this development.
The report covers the following key insights:
By Product Type | By Distribution Channel | By Geography |
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By product type, the market is fragmented into supplements, beverages, snacks, and others.
The supplements segment is anticipated to hold a major share of the market. The segment offers a wide variety of products, including keto-friendly vitamins, minerals, and exogenous ketones. Supplement products are convenient to use and help the consumer maintain appropriate ketosis levels. The increasing popularity of supplements, in line with the growing trend of personalized nutrition, is expected to propel the segment growth.
The snacks segment is expected to exhibit significant growth over the upcoming years. Consumers are increasingly seeking fortified snack products to make their breakfast meals nutritious. To cater to the growing demand, manufacturers are offering ketogenic food items in a wide range of categories. For instance, in July 2021, the manufacturer of healthy snacks That's it ® launched a new ketogenic-friendly snack product, Keto Kick coffee energy bar.
Based on distribution channel, the market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retails stores, and others.
The supermarkets/hypermarkets segment is expected to hold the highest revenue in the market. The established infrastructure of supermarkets and hypermarkets, paired with the increasing expansion of supermarket chains in the market, will primarily drive the segment's growth. Various promotional events practiced at supermarkets and hypermarkets are further projected to fuel the growth of the product from the segment.
The online retail stores segment is anticipated to grow significantly over the forthcoming years. The emergence of commerce platforms has made the shopping experience reliable and convenient. As a result, consumers are purchasing products at various e-portals due to the provision for on-time home delivery, availability of discounts and offers, cost savings, and ease of accessibility.
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Based on region, the market has been studied across North America, Asia Pacific, Europe, South America, and the Middle East & Africa.
North America accounts for the largest share of the market. The region is highly concentrated with health-conscious individuals practicing healthy diet routines. The growing awareness regarding the ketogenic diet to achieve their health and wellness goals, the ketogenic food demand has flourished across the region. Additionally, the robust infrastructure of health and wellness services in the region is expected to drive the market growth.
The Asia Pacific market is anticipated to grow at a significant CAGR owing to rising disposable income, changing lifestyles, and increasing health awareness in developing economies. The region is concentrated with a large number of young individuals following healthy lifestyles, seeking dietary supplements, and preferring health-efficient food products. Furthermore, growing urbanization and the improving standard of living are factors that promote market growth.
The major companies in the global ketogenic diet food market are involved in new product development, innovation, partnerships, joint ventures, strategic alliances, and other activities to increase their market share.
The report provides the profiles of the following key players:
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