Global Keto Diet Market 2018-2022
About this market
The rising demand for processed and conveniently-consumable food items is identified as one of the key trends that will gain traction in the global keto diet market for the next four years. Consumers are adopting healthy ketogenic diets to lose weight. Technavio’s analysts have predicted that the global keto diet market will register a CAGR of over 5% by 2022.Market Overview
Health benefits of keto diet
Keto diets are most often associated with weight loss, but there are many other health benefits linked with them.
Growing demand and popularity of substitute products and diets
The demand and purchase volume of substitute products and diets is increasing among customers. In addition, the side-effects associated with the consumption of ketogenic diet is driving the consumers to prefer substitute products and diets.
For the detailed list of factors that will drive and challenge the growth of the keto diet market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies and the competitive environment is quite intense. Factors such as the health benefits of keto diet and rising demand for processed and conveniently-consumable food items, will provide considerable growth opportunities to keto diet market manufactures. Arla Foods, Conagra Brands, Dole Food Company, JBS, Pernod Ricard, QuestNutrition, The Kraft Heinz Company, and Tyson Foods are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Keto Diet Market 2018-2022
Technavio recognizes the following companies as the key players in the global keto diet market: Arla Foods, Conagra Brands, Dole Food Company, JBS, Pernod Ricard, QuestNutrition, The Kraft Heinz Company, and Tyson Foods.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing number of mergers and acquisitions (M&A) in the global keto diet market.”
According to the report, one driver influencing this market is the increasing number of new product launches.
Further, the report states that one challenge affecting this market is the distribution challenges.
Dole Food Company
The Kraft Heinz Company