U.S. Ketones Market Size, Share & Trends Analysis Report By Application (Cosmetics & Personal Care, Food & Beverages, Pharmaceuticals, Adhesives, Chemical Manufacturing, Electroplating), And Segment Forecasts, 2021 - 2028
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U.S. Ketones Market Growth & Trends
The U.S. ketones market size is estimated to reach USD 2.71 billion by 2028, registering a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing consumption of convenience food and rising health consciousness among consumers.
In addition, the presence of a large number of restaurants and eateries in the country providing ketone-based food & beverages is expected to have a positive impact on the market growth. Ketones are manufactured using organisms, the most common method to produce the product involves oxidation of hydrocarbon with air. Some other methods of production include geminal halide hydrolysis, oxidation of amines with iron chloride, decarboxylation of carboxylic anhydride, and others.
Key players focus on new product launches coupled with mergers & acquisitions. Multinational companies like BASF SE have a strong presence throughout the value chain. The U.S.-based e-commerce platform named Sephora USA, Inc. saw an increase in revenue by 30% and it is expected to increase over the forecast period due to the popular trend of online shopping due to convenience and affordable product prices.
U.S. Ketones Market Report Highlights
U.S. Ketones Market Growth & Trends
The U.S. ketones market size is estimated to reach USD 2.71 billion by 2028, registering a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing consumption of convenience food and rising health consciousness among consumers.
In addition, the presence of a large number of restaurants and eateries in the country providing ketone-based food & beverages is expected to have a positive impact on the market growth. Ketones are manufactured using organisms, the most common method to produce the product involves oxidation of hydrocarbon with air. Some other methods of production include geminal halide hydrolysis, oxidation of amines with iron chloride, decarboxylation of carboxylic anhydride, and others.
Key players focus on new product launches coupled with mergers & acquisitions. Multinational companies like BASF SE have a strong presence throughout the value chain. The U.S.-based e-commerce platform named Sephora USA, Inc. saw an increase in revenue by 30% and it is expected to increase over the forecast period due to the popular trend of online shopping due to convenience and affordable product prices.
U.S. Ketones Market Report Highlights
- Pharmaceuticals was the leading application segment in 2020 and is expected to grow at the fastest CAGR over the forecast years as acetone and methyl isobutyl ketone are used as solvents and as excipients in manufacturing a variety of drugs
- The cosmetics & personal care segment is estimated to account for the second-largest revenue share by 2028 as ketone is used in nail polish, nail polish removers, perfumes, skin & hair care products, soaps, and other products
- The food & beverages segment is anticipated to grow at the fastest CAGR of 5.7%, in terms of revenue, during the forecast years owing to the rising product usage as a flavoring agent in foods and as an indirect food adhesive in food packaging materials
- Ketones are also used as vapor degreasing solvents to manufacture various end-user products, such as tires, paints and coatings, varnishes, insecticides, and many others
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.7 List to Data Sources
1.8 Third Party Perspective
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market outlook
2.2 Segmental outlook
CHAPTER 3 INDUSTRY OUTLOOK
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Market Challenge Analysis
3.6 Business Environment Analysis: U.S. Ketones Market
3.6.1 Porter’s Five Forces Analysis
3.6.2 PESTEL Analysis
CHAPTER 4 U.S. KETONES MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1 U.S. Ketones market Movement & trend analysis, 2020 & 2028
4.2 U.S. Ketones market size & forecasts and trend analysis, by Application, 2017 - 2028 (KiloTons) (USD Million)
4.2.1 Cosmetics & Personal Care
4.2.1.1 U.S. Ketones market size & forecasts and trend analysis, in cosmetics & personal care, 2017 - 2028 (Kilotons) (USD Million)
4.2.2 Food & Beverages
4.2.2.1 U.S. Ketones market size & forecasts and trend analysis, in food & beverages, 2017 - 2028 (Kilotons) (USD Million)
4.2.3 Pharmaceuticals
4.2.3.1 U.S. Ketones market size & forecasts and trend analysis, in pharmaceuticals, 2017 - 2028 (Kilotons) (USD Million)
4.2.4 Adhesives
4.2.4.1 U.S. Ketones market size & forecasts and trend analysis, in adhesives, 2017 - 2028 (Kilotons) (USD Million)
4.2.5 Chemical Manufacturing
4.2.5.1 U.S. Ketones market size & forecasts and trend analysis, in chemical manufacturing, 2017 - 2028 (Kilotons) (USD Million)
4.2.6 Electroplating
4.2.6.1 U.S. Ketones market size & forecasts and trend analysis, in electroplating, 2017 - 2028 (Kilotons) (USD Million)
4.2.7 Others (Paint, Rubber, Printing, & Pesticides)
4.2.7.1 U.S. Ketones market size & forecasts and trend analysis, in others, 2017 - 2028 (Kilotons) (USD Million)
CHAPTER 5 COMPETITIVE LANDSCAPE
5.1 Key global players, recent developments and their impact on the industry
5.2 Vendor Landscape
5.2.1 List of Raw Material Suppliers
5.2.2 List of Manufacturers
5.2.3 List of Key Distributors and Channel Partners
5.2.4 List of Potential End-Users
5.3 Major Deals & Strategic Initiatives
CHAPTER 6 COMPANY PROFILES
6.1 BASF SE
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 INEOS
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 KetoLogic
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Perfect Keto
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 KetoneAid
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 SAPIEN PRODUCTS LLC.
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Boli LLC
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 KET?ND LLC
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Zenwise
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Limitless Venture Group Inc
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.7 List to Data Sources
1.8 Third Party Perspective
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market outlook
2.2 Segmental outlook
CHAPTER 3 INDUSTRY OUTLOOK
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Market Challenge Analysis
3.6 Business Environment Analysis: U.S. Ketones Market
3.6.1 Porter’s Five Forces Analysis
3.6.2 PESTEL Analysis
CHAPTER 4 U.S. KETONES MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1 U.S. Ketones market Movement & trend analysis, 2020 & 2028
4.2 U.S. Ketones market size & forecasts and trend analysis, by Application, 2017 - 2028 (KiloTons) (USD Million)
4.2.1 Cosmetics & Personal Care
4.2.1.1 U.S. Ketones market size & forecasts and trend analysis, in cosmetics & personal care, 2017 - 2028 (Kilotons) (USD Million)
4.2.2 Food & Beverages
4.2.2.1 U.S. Ketones market size & forecasts and trend analysis, in food & beverages, 2017 - 2028 (Kilotons) (USD Million)
4.2.3 Pharmaceuticals
4.2.3.1 U.S. Ketones market size & forecasts and trend analysis, in pharmaceuticals, 2017 - 2028 (Kilotons) (USD Million)
4.2.4 Adhesives
4.2.4.1 U.S. Ketones market size & forecasts and trend analysis, in adhesives, 2017 - 2028 (Kilotons) (USD Million)
4.2.5 Chemical Manufacturing
4.2.5.1 U.S. Ketones market size & forecasts and trend analysis, in chemical manufacturing, 2017 - 2028 (Kilotons) (USD Million)
4.2.6 Electroplating
4.2.6.1 U.S. Ketones market size & forecasts and trend analysis, in electroplating, 2017 - 2028 (Kilotons) (USD Million)
4.2.7 Others (Paint, Rubber, Printing, & Pesticides)
4.2.7.1 U.S. Ketones market size & forecasts and trend analysis, in others, 2017 - 2028 (Kilotons) (USD Million)
CHAPTER 5 COMPETITIVE LANDSCAPE
5.1 Key global players, recent developments and their impact on the industry
5.2 Vendor Landscape
5.2.1 List of Raw Material Suppliers
5.2.2 List of Manufacturers
5.2.3 List of Key Distributors and Channel Partners
5.2.4 List of Potential End-Users
5.3 Major Deals & Strategic Initiatives
CHAPTER 6 COMPANY PROFILES
6.1 BASF SE
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 INEOS
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 KetoLogic
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Perfect Keto
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 KetoneAid
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 SAPIEN PRODUCTS LLC.
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Boli LLC
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 KET?ND LLC
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Zenwise
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Limitless Venture Group Inc
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
LIST OF TABLES
Table 1 U.S. ketones market volume, by application, 2017 - 2028 (Kilotons)
Table 2 U.S. ketones market revenue, by application, 2017 - 2028 (USD Million)
Table 3 U.S. ketones market size & forecasts and trend analysis, in cosmetics & personal care, 2017 - 2028 (kilotons) (USD Million)
Table 4 U.S. ketones market size & forecasts and trend analysis, in food & beverages, 2017 - 2028 (kilotons) (USD Million)
Table 5 U.S. ketones market size & forecasts and trend analysis, in pharmaceuticals, 2017 - 2028 (kilotons) (USD Million)
Table 6 U.S. ketones market size & forecasts and trend analysis, in adhesives, 2017 - 2028 (kilotons) (USD Million)
Table 7 U.S. ketones market size & forecasts and trend analysis, in chemical manufacturing, 2017 - 2028 (kilotons) (USD Million)
Table 8 U.S. ketones market size & forecasts and trend analysis, in electroplating, 2017 - 2028 (kilotons) (USD Million)
Table 9 U.S. ketones market size & forecasts and trend analysis, in others, 2017 - 2028 (kilotons) (USD Million)
Table 1 U.S. ketones market volume, by application, 2017 - 2028 (Kilotons)
Table 2 U.S. ketones market revenue, by application, 2017 - 2028 (USD Million)
Table 3 U.S. ketones market size & forecasts and trend analysis, in cosmetics & personal care, 2017 - 2028 (kilotons) (USD Million)
Table 4 U.S. ketones market size & forecasts and trend analysis, in food & beverages, 2017 - 2028 (kilotons) (USD Million)
Table 5 U.S. ketones market size & forecasts and trend analysis, in pharmaceuticals, 2017 - 2028 (kilotons) (USD Million)
Table 6 U.S. ketones market size & forecasts and trend analysis, in adhesives, 2017 - 2028 (kilotons) (USD Million)
Table 7 U.S. ketones market size & forecasts and trend analysis, in chemical manufacturing, 2017 - 2028 (kilotons) (USD Million)
Table 8 U.S. ketones market size & forecasts and trend analysis, in electroplating, 2017 - 2028 (kilotons) (USD Million)
Table 9 U.S. ketones market size & forecasts and trend analysis, in others, 2017 - 2028 (kilotons) (USD Million)
LIST OF FIGURES
Fig. 1 U.S. ketones market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 U.S. ketones market - value chain analysis
Fig. 7 U.S. ketones market dynamics
Fig. 8 U.S ketones market PORTER's analysis
Fig. 9 U.S. ketones market macro-economic analysis
Fig. 10 U.S. ketones market revenue, by application, 2020 & 2028 (USD Million)
Fig. 11 U.S. beauty & personal care industry: Total sales (2016 - 2023) (USD Billion)
Fig. 12 Strategic Initiatives
Fig. 1 U.S. ketones market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 U.S. ketones market - value chain analysis
Fig. 7 U.S. ketones market dynamics
Fig. 8 U.S ketones market PORTER's analysis
Fig. 9 U.S. ketones market macro-economic analysis
Fig. 10 U.S. ketones market revenue, by application, 2020 & 2028 (USD Million)
Fig. 11 U.S. beauty & personal care industry: Total sales (2016 - 2023) (USD Billion)
Fig. 12 Strategic Initiatives
