Market Overview:
The global potassium 3-hydroxybutyrate market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for weight control supplements and sports supplements. Additionally, the growing awareness about the benefits of potassium 3-hydroxybutyrate is also contributing to the growth of this market. However, stringent regulatory norms could hamper the growth of this market in some regions.
Product Definition:
Potassium 3-hydroxybutyrate is a ketone body that is produced by the liver from fatty acids during fasting or starvation. It can also be produced in the brain from acetoacetate. Ketone bodies are used as an energy source by tissues, including the brain, during periods of low blood glucose availability.
Purity <98%:
Potassium 3-hydroxybutyrate, also known as Butylated Hydroxyanisole (BHA), is a chemical compound used in food and beverages, pharmaceuticals, cosmetics, and other industries. It is manufactured by the reaction of hydrogen butoxide with n-butyrobetaine. BHA acts as an antioxidant by protecting the cell from damage caused by free radicals; it also enhances nutrient absorption and retention along with increasing protein synthesis in muscles.
Purity>98%:
Potassium 3-Hydroxybutyrate or P3H butyrate is a potassium salt of 3-hydroxybutanol. It is also known as Butyl K, BnK, and Buick 10. The chemical formula for Potassium 3-Hydroxybutyrate is (C5H11O2)2K and its molecular weight is 137.1.
Application Insights:
The potassium 3-hydroxybutyrate (PHB) market is segmented on the basis of application into weight control, sports supplements, others and niche applications. The weight control application dominated the global potassium 3-hydroxybutyrate market in 2017 with a share of over 60%. PHB has been used for centuries by various cultures as a natural way to reduce body fat and increase lean muscle mass. This trend is expected to continue over the forecast period due to increasing awareness about health & wellness among consumers across the globe.
Sports supplements are anticipated to witness significant growth during the forecast period owing to rising demand from athletes and gym professionals for improving performance and stamina. Moreover, increasing government regulations against product adulteration are expected drive industry growth further during this period. However, other applications such as food additives are also majorly used for their preservative properties which include mold resistance, high acid content etc.
Regional Analysis:
North America potassium 3-hydroxybutyrate market led the global industry and accounted for over 40% of the total revenue in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for sports supplements, rising obesity problems coupled with growing health awareness among consumers.
Europe was the second largest regional segment accounting for 26% of global revenue in 2017 on account of high product consumption in Germany, U.K., France and other countries across Europe due to rising incidence diabetes and obesity problems coupled with growing health consciousness among consumers aged 1835 years particularly females which will have a positive impact on future growth prospects over next eight years. Asia Pacific is projected as the fastest-growing regional segment at a CAGR 6%.
Growth Factors:
- Increasing demand for ketogenic diet products
- Rising awareness about the health benefits of potassium 3-hydroxybutyrate
- Growing number of manufacturers and distributors entering the market
- Increasing investment in research and development activities by key players
- Technological advancements in production processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium 3-Hydroxybutyrate Market Research Report
By Type
Purity <98%, Purity>98%
By Application
Weight Control, Sports Supplements, Others
By Companies
NNB, Shanghai Kangxin, Anhui Integrity Biopharm, JingYao Biotechnology, Shijiazhuang Chirals Chemical, NNB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Potassium 3-Hydroxybutyrate Market Report Segments:
The global Potassium 3-Hydroxybutyrate market is segmented on the basis of:
Types
Purity <98%, Purity>98%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Weight Control, Sports Supplements, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NNB
- Shanghai Kangxin
- Anhui Integrity Biopharm
- JingYao Biotechnology
- Shijiazhuang Chirals Chemical
- NNB
Highlights of The Potassium 3-Hydroxybutyrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity <98%
- Purity>98%
- By Application:
- Weight Control
- Sports Supplements
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Potassium 3-Hydroxybutyrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Potassium 3-Hydroxybutyrate is a potassium salt of 3-hydroxybutyrate. It is an energy source for the body and can be found in foods like bananas, potatoes, and avocados.
Some of the key players operating in the potassium 3-hydroxybutyrate market are NNB, Shanghai Kangxin, Anhui Integrity Biopharm, JingYao Biotechnology, Shijiazhuang Chirals Chemical, NNB.
The potassium 3-hydroxybutyrate market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium 3-Hydroxybutyrate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Potassium 3-Hydroxybutyrate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Potassium 3-Hydroxybutyrate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Potassium 3-Hydroxybutyrate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Potassium 3-Hydroxybutyrate Market Size & Forecast, 2018-2028 4.5.1 Potassium 3-Hydroxybutyrate Market Size and Y-o-Y Growth 4.5.2 Potassium 3-Hydroxybutyrate Market Absolute $ Opportunity
Chapter 5 Global Potassium 3-Hydroxybutyrate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Potassium 3-Hydroxybutyrate Market Size Forecast by Type
5.2.1 Purity <98%
5.2.2 Purity>98%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium 3-Hydroxybutyrate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Potassium 3-Hydroxybutyrate Market Size Forecast by Applications
6.2.1 Weight Control
6.2.2 Sports Supplements
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium 3-Hydroxybutyrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Potassium 3-Hydroxybutyrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Potassium 3-Hydroxybutyrate Analysis and Forecast
9.1 Introduction
9.2 North America Potassium 3-Hydroxybutyrate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Potassium 3-Hydroxybutyrate Market Size Forecast by Type
9.6.1 Purity <98%
9.6.2 Purity>98%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Potassium 3-Hydroxybutyrate Market Size Forecast by Applications
9.10.1 Weight Control
9.10.2 Sports Supplements
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Potassium 3-Hydroxybutyrate Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium 3-Hydroxybutyrate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Potassium 3-Hydroxybutyrate Market Size Forecast by Type
10.6.1 Purity <98%
10.6.2 Purity>98%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Potassium 3-Hydroxybutyrate Market Size Forecast by Applications
10.10.1 Weight Control
10.10.2 Sports Supplements
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Potassium 3-Hydroxybutyrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium 3-Hydroxybutyrate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Potassium 3-Hydroxybutyrate Market Size Forecast by Type
11.6.1 Purity <98%
11.6.2 Purity>98%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Potassium 3-Hydroxybutyrate Market Size Forecast by Applications
11.10.1 Weight Control
11.10.2 Sports Supplements
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Potassium 3-Hydroxybutyrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium 3-Hydroxybutyrate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Potassium 3-Hydroxybutyrate Market Size Forecast by Type
12.6.1 Purity <98%
12.6.2 Purity>98%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Potassium 3-Hydroxybutyrate Market Size Forecast by Applications
12.10.1 Weight Control
12.10.2 Sports Supplements
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Potassium 3-Hydroxybutyrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium 3-Hydroxybutyrate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Potassium 3-Hydroxybutyrate Market Size Forecast by Type
13.6.1 Purity <98%
13.6.2 Purity>98%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Potassium 3-Hydroxybutyrate Market Size Forecast by Applications
13.10.1 Weight Control
13.10.2 Sports Supplements
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Potassium 3-Hydroxybutyrate Market: Competitive Dashboard
14.2 Global Potassium 3-Hydroxybutyrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NNB
14.3.2 Shanghai Kangxin
14.3.3 Anhui Integrity Biopharm
14.3.4 JingYao Biotechnology
14.3.5 Shijiazhuang Chirals Chemical
14.3.6 NNB