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Betaine Market Business Operation Data, Investment Analysis & Forecast 2021

(Entertainment-NewsWire.com, February 08, 2018 ) The Global Betaine Market was worth USD 2.95 billion in 2016 and is estimated to be growing at a CAGR of 6.4%, to reach USD 4.02 billion by 2021. The market is showcasing evident potential in the mentioned forecasting period. Betaine is a type of neutral chemical compound.

View report: https://www.marketdataforecast.com/market-reports/global-betaine-market-2519/

Betaine is basically a pro-vitamin nutrient commonly present in the form of natural betaine. It is present in sugar beet, cereals, spinach, broccoli, seafood, wine and other plants. Betaine is mostly used in the treatment of muscular weakness, healthy metabolism and degeneration in the body. Betaine also helps in improving physical performance including power, strength and muscle endurance. It is widely used in food and beverages, feed, pharmaceutical industries and others. Rising demand for health supplements and nutritive food products is expected to support the market of betaine across the globe.

Betaine is a chemical compound by nature and is normally found in various different vegetables. Betaine aids in healthy metabolism and is widely used in the food industry. Betaine is also used as an additive in animal feed, which helps in carrying nutritive value by supporting the functionality of nervous system and helps in brain development in animals. It is also acknowledged as an anti-stressing agent and is found to improve athletic performance. The health benefits of betaine are estimated to increase the number of applications of betaine in the global market.

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The market is driven by increasing demand for health beneficiary products with high nutritional value among customers worldwide. Furthermore, there has been a surge in the usage of betaine as personal care product, owing to its water retention and moisturizing properties. Consumers are opting for cosmetics with nutritive ingredients because Synthetic cosmetics often results in hair or skin problems. Betaine is also used as a surfactant in the cosmetic industry, due to its water holding capacity. In addition, betaine improves metabolism in animals and acts as methyl donor. Thus, betaine is observing a huge demand as animal feed additive. Different geographical drivers are also accountable for the growth of this market. Increasing application areas of betaine in sport and energy drinks in emerging countries is expected to create significant opportunity for the growth of this market in the future. The major factor restraining the growth of the betaine market is that the over consumption of betaine can cause health problems. Moreover, substitutes like Dimethylthetin and DL-Methionine are restricting the growth of the market.

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The Global market for betaine is broadly categorized into Synthetic betaine and Natural betaine. Based on form, the market is segmented as Betaine Anhydrous, Cocamidopropyl Betaine and Betaine Monohydrate. Based on Application, the market is further segmented into Food & Beverages, Animal Feed, Pharmaceuticals, Cosmetics and Detergents. Use of betaine in Pharmaceutical accounted for the highest revenue of the overall market and Cosmetics is projected to witness high growth rate during the forecast period. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Betaine market was dominated by North America, with the overall market share of over 30% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Some of the major companies dominating the market, by their products and services include Associated British Food Plc, BASF SE, DuPont, Nutreco N.V., Solvay S.A., American Crystal Sugar Company, Amino GmbH, Kao Corporation, Stepan Company, and Sunwin Chemicals.

Market Segmentation
Type
Introduction
Synthetic Betaine
Natural Betaine
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type

Form
Introduction
Betaine Anhydrous
Cocamidopropyl Betaine
Betaine Monohydrate
Y-o-Y Growth Analysis, By Form
Market Attractiveness Analysis, By Form
Market Share Analysis, By Form

Application
Introduction
Food & Beverages
Animal Feed
Pharmaceuticals
Cosmetics
Detergents
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application

Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Market Data Forecast 
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