Asia Pacific Ketones Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form (Solid and Liquid), and Application (Food and Beverage, Dietary Supplements, Personal Care and Cosmetics, and Others)
The ketones market in APAC is expected to grow from US$ 2,139.66 million in 2021 to US$ 3,425.46 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028.
Ketone and ketone-based product manufacturers are heavily adopting product launch strategy to expand their customer base and increase their profitability. In 2019, new product launched in the "keto" category more than doubled over 2018. Most of the new products launched belong to the beverage category. The RTD protein drinks and ready-to-mix shakes are ideal for the popular low-carb, high-fat KETO diet. They have emerged as a suitable on-the-go snack or a meal replacement with the right nutritional ratios that help attain ketosis and fat-burning advantages. Moreover, ketogenic supplement manufacturers are focusing on product launch strategy to cater to rising demands. For instance, Designs for Health (DFH) introduced its first range of ketogenic products tailored for the sales through a practitioner channel. DFH sells more than 350 supplements to healthcare practitioners. The company also created awareness about Type 2 diabetes along with the advantages of consuming ketogenic supplements in decreasing blood sugar levels by limiting carbohydrate consumption. Thus, the active participation of food & beverages and dietary supplements manufacturers in the launch of new ketogenic products is offering significant growth opportunities for the ketone market players.
The outbreak of COVID-19 is wreaking havoc on the economic growth of Asia-Pacific. The severity of the consequences and impact is entirely dependent on the transmission of the novel coronavirus. Various governments in Asia Pacific are considering taking actions to limit the spread by imposing lockdowns, which is slowing down the operations of various industries in the region. This factor is anticipated to severely impact the growth of regional market. However, with increasing recovery rates, governments are easing out restrictions imposed on various industrial operations which is expected to create a positive impact for the growth of ketones market across the region.
APAC Ketones Market Revenue and Forecast to 2028 (US$ Million)
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APAC Ketones Market Segmentation
APAC Ketones Market – By Form
- Solid
- Liquid
APAC Ketones Market – By Application
- Food and Beverages
- Dietary Supplements
- Personal Care & Cosmetics
- Others
APAC Ketones Market- By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Ketones Market-Companies Mentioned
- Eastman Chemical Company
- Health Sources Nutrition CO., LTD.
- Hunan NutraMax Inc.
- Orchid Chemical Supplies Ltd
- Royal Dutch Shell plc.
- SABIC
- Taj Pharmaceuticals Chemicals
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Ketones Market, by Form
1.3.2 APAC Ketones Market, by Application
1.3.3 APAC Ketones Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Limitations & Assumptions:
4. APAC Ketones Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. APAC Ketones Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalating Demand from Various Industries
5.1.2 Rising Popularity of Ketogenic Supplements
5.2 Market Restraint
5.2.1 Lack of Awareness and Low Adoption of Ketogenic Supplements
5.3 Market Opportunities
5.3.1 New Product Launches
5.4 Future Trends
5.4.1 Rising Adoption of Bio Ketones over Conventional Ketones
5.5 Impact Analysis of Drivers and Restraint
6. Ketones Market – APAC Analysis
6.1 APAC Ketones Market Overview
6.2 Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
7. APAC Ketones Market Analysis – By Form
7.1 Overview
7.2 Ketones Market, By Form (2020 and 2028)
7.3 Solid
7.3.1 Overview
7.3.2 Solid: Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Liquid
7.4.1 Overview
7.4.2 Liquid: Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
8. APAC Ketones Market Analysis – By Application
8.1 Overview
8.2 Ketones Market, By Application (2020 and 2028)
8.3 Food and Beverage
8.3.1 Overview
8.3.2 Food and Beverage: Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Dietary Supplements
8.4.1 Overview
8.4.2 Dietary Supplements: Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Personal Care and Cosmetics
8.5.1 Overview
8.5.2 Personal Care and Cosmetics: Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
9. APAC Ketones Market – Country Analysis
9.1 Overview
9.1.1 Asia-Pacific: Ketones Market, by Key Country
9.1.1.1 China: Ketones Market –Analysis and Forecast to 2028 (US$ Mn)
9.1.1.1.1 China: Ketones Market, by Form
9.1.1.1.2 China: Ketones Market, by Application
9.1.1.2 Japan: Ketones Market –Analysis and Forecast to 2028 (US$ Mn)
9.1.1.2.1 Japan: Ketones Market, by Form
9.1.1.2.2 Japan: Ketones Market, by Application
9.1.1.3 India: Ketones Market –Analysis and Forecast to 2028 (US$ Mn)
9.1.1.3.1 India: Ketones Market, by Form
9.1.1.3.2 India: Ketones Market, by Application
9.1.1.4 Australia: Ketones Market –Analysis and Forecast to 2028 (US$ Mn)
9.1.1.4.1 Australia: Ketones Market, by Form
9.1.1.4.2 Australia: Ketones Market, by Application
9.1.1.5 South Korea: Ketones Market –Analysis and Forecast to 2028 (US$ Mn)
9.1.1.5.1 South Korea: Ketones Market, by Form
9.1.1.5.2 South Korea: Ketones Market, by Application
9.1.1.6 Rest of Asia-Pacific: Ketones Market –Analysis and Forecast to 2028 (US$ Mn)
9.1.1.6.1 Rest of Asia-Pacific: Ketones Market, by Form
9.1.1.6.2 Rest of Asia-Pacific: Ketones Market, by Application
10. Impact of COVID-19 Pandemic on APAC Ketones Market
10.1 Overview
11. Company Profiles
11.1 Taj Pharmaceuticals Chemicals
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Orchid Chemical Supplies Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Hunan NutraMax Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Health Sources Nutrition CO., LTD.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Eastman Chemical Company
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Royal Dutch Shell plc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 SABIC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. APAC Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. China Ketones Market, by Form– Revenue and Forecast to 2028 (US$ Mn)
Table 3. China Ketones Market, by Application– Revenue and Forecast to 2028 (US$ Mn)
Table 4. Japan Ketones Market, by Form– Revenue and Forecast to 2028 (US$ Mn)
Table 5. Japan Ketones Market, by Application– Revenue and Forecast to 2028 (US$ Mn)
Table 6. India Ketones Market, by Form– Revenue and Forecast to 2028 (US$ Mn)
Table 7. India Ketones Market, by Application– Revenue and Forecast to 2028 (US$ Mn)
Table 8. Australia Ketones Market, by Form– Revenue and Forecast to 2028 (US$ Mn)
Table 9. Australia Ketones Market, by Application– Revenue and Forecast to 2028 (US$ Mn)
Table 10. South Korea Ketones Market, by Form– Revenue and Forecast to 2028 (US$ Mn)
Table 11. South Korea Ketones Market, by Application– Revenue and Forecast to 2028 (US$ Mn)
Table 12. Rest of Asia-Pacific Ketones Market, by Form– Revenue and Forecast to 2028 (US$ Mn)
Table 13. Rest of Asia-Pacific Ketones Market, by Application– Revenue and Forecast to 2028 (US$ Mn)
Table 14. Glossary of Terms, APAC Ketones Market
LIST OF FIGURES
Figure 1. APAC Ketones Market Segmentation
Figure 2. APAC Ketones Market Segmentation – By Country
Figure 3. APAC Ketones Market Overview
Figure 4. Liquid Segment Held the Largest Share of the APAC Ketones Market
Figure 5. China Held Largest Share of APAC Ketones Market
Figure 6. Porter ‘s Five Forces Analysis for Ketones Market
Figure 7. Expert Opinion
Figure 8. Ketones Market – Ecosystem Analysis
Figure 9. APAC Ketones Market Impact Analysis of Drivers and Restraints
Figure 10. APAC : Ketones Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. APAC Ketones Market Revenue Share, By Form (2020 and 2028)
Figure 12. APAC Solid: Ketones Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. APAC Liquid: Ketones Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. APAC Ketones Market Revenue Share, By Application (2020 and 2028)
Figure 15. APAC Food and Beverage: Ketones Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. APAC Dietary Supplements: Ketones Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. APAC Personal Care and Cosmetics: Ketones Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Others: Ketones Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Asia-Pacific: Ketones Market, by Key Country-Revenue 2020 (US$ Million)
Figure 20. Asia-Pacific: Ketones Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. China: Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 22. Japan: Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 23. India: Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Australia: Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 25. South Korea: Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Rest of Asia-Pacific: Ketones Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Eastman Chemical Company
- Health Sources Nutrition CO., LTD.
- Hunan NutraMax Inc.
- Orchid Chemical Supplies Ltd
- Royal Dutch Shell plc.
- SABIC
- Taj Pharmaceuticals Chemicals
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC Ketones market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC Ketones market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the Ketones market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution