Market Size of Bio-Ketones Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 10.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Bio-Ketones Market Analysis
The global bio-ketones market is expected to grow with a CAGR greater than 10% during the forecast period. One of the major factors driving the market is the increasing demand from the cosmetics and personal care industry. However, scarcity of raw materials is hindering the growth of the market studied.
- Supporting government regulations for the use of bio-products is another major driver for the market studied
- North America and is likely to account for the highest share of the market studied during the forecast period.
- Among the product types, bio PEEK is likely to account for the highest market share during the forecast period.