Global Keto Diet Market 2020-2024 | Evolving Opportunities with Ample Foods and Ancient Nutrition | Technavio
The market is driven by the growing popularity and increasing availability of keto products.
The global keto diet market is poised to grow by USD 1.18 billion during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. Request free sample pages
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Technavio has announced its latest market research report titled Global Keto Diet Market 2020-2024 (Graphic: Business Wire)
Read the 120-page report with TOC on "Keto Diet Market Analysis Report by Product (Supplements, Beverages, and Others), Geographic segmentation (APAC, Europe, MEA, North America and South America), and the Segment Forecasts, 2020-2024".
https://www.technavio.com/report/keto-diet-market-industry-analysis
The market is driven by the growing popularity and increasing availability of keto products. In addition, the increasing obese population is anticipated to boost the growth of the keto diet market.
The demand and popularity of keto diet products is increasing among consumers. This is encouraging vendors to launch varied types of keto products in the market and sell them through different distribution channels including hypermarkets, supermarkets, specialty stores, and online platforms. For instance, Love You Foods LLC distributes its products through the latter’s outlets as the company had signed a distribution deal with The Vitamin Shoppe, in August 2018. The company also offered its products through retail stores of General Nutrition Centers. Similarly, Fat Snax began distributing keto snack products through the retail outlets of The Vitamin Shoppe, by entering into a distribution agreement with the company in November 2018. This is increasing the availability of keto products in brick-and-mortar stores, which will boost the accessibility and purchase volume of these products. Thus, the growing popularity and increasing availability of keto products is expected to drive market growth during the forecast period.
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Major Five Keto Diet Market Companies:
Ample Foods
Ample Foods operates the business under various segments such as Ample, Ample V, and Ample K. The company offers different varieties of balanced meals, vegan formula products, and keto diet products. Ample K is a single-serve, low-carb, and nutritious keto-friendly meal replacement drink.
Ancient Nutrition
Ancient Nutrition offers products through the Nutritional products business unit. Herbs and mushrooms, vitamins and minerals, essential oils, collagen, probiotics and enzymes, and proteins are some of the nutritional products that the company offers. The company also provides Keto PROTEIN in different flavors.
Bulletproof 360 Inc.
Bulletproof 360 Inc. operates under various business segments, namely Coffee, Food & Drink, MCT Oil, Proteins, Supplements, and Other. The company offers Collagen protein bars and Keto products. The company provides keto products such as InstaMix, KETOPRIME, and Cyclical Keto Starter Bundle.
Dang Foods Co.
Dang Foods Co. offers products through the following business segments: DANG BAR, COCONUT CHIPS, STICKY-RICE CHIPS, and KETO SNACKS. The company offers products such as keto rice chips, keto chips, and keto bars. It also provides plant-based keto bars in various flavors such as coconut, cinnamon, lemon, and more.
Essentially Keto
Essentially Keto offers products through the following business segments: ENERGY BARS and FAT DROPS. The company offers a variety of keto-friendly energy bars and fat drops. They offer cacao coffee and spice energy bars, cacao orange and pecan energy bars, and more.
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Keto Diet Market Product Outlook (Revenue, USD Billion, 2020-2024)
- Supplements
- Beverages
- Others
Keto Diet Market Geographic Outlook (Revenue, USD Billion, 2020-2024)
- APAC
- Europe
- MEA
- North America
- South America
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200303005758/en/