Keto Diet Market to Reach USD 1.18 Bn by 2024, Ample Foods and Ancient Nutrition – Health News Today
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global keto diet market size and it is poised to grow by USD 1.18 billion during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
- Based on segmentation by product, which is the leading segment in the market?
Supplements is a leading segment in the market based on products.
- At what rate is the market projected to grow?
The market is expected to grow at a CAGR of almost 5% during the forecast period.
- Who are the top players in the market?
Ample Foods, Ancient Nutrition, Bulletproof 360 Inc., Dang Foods Co., Essentially Keto, Fat Snax, Glanbia Plc, Perfect Keto LLC, Prüvit Ventures Inc., and The Good Fat Co. Ltd. are some of the major market participants.
- What are the key market drivers?
The increasing availability of keto products is one of the key growth drivers of the market.
- How big is the Europe market?33% of the market growth is expected to come from European region during the forecast period.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ample Foods, Ancient Nutrition, Bulletproof 360 Inc., Dang Foods Co., Essentially Keto, Fat Snax, Glanbia Plc, Perfect Keto LLC, Prüvit Ventures Inc., and The Good Fat Co. Ltd. are some of the major market participants. The increasing availability of keto products will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Keto Diet Market 2020-2024: Segmentation
Keto Diet Market is segmented as below: