Betaine Market Current Growth Scenario, Feature Demand and Forecast Up To 2024
Betaine is a polar but neutral zwitterionic
compound which is highly soluble in water. Moreover, it is a naturally produced
as a by-product of the sugar beet industry.
Rising demand for health supplements and nutritive food products is
expected to support the market of betaine across the globe. However, stringent
government policies imposed by the government on the use of betaine and risk
associated with the allergic reactions are factors which are hindering the
growth of this market.
Axiom
MRC
Added a, “Betaine
Market Report, By Type, Form, Application and Geography
- Global Market Share, Trend Analysis & Forecast Up To 2024”
Betaine
Market Analysis:
It is a
non-essential nutrient which performs several important physiological functions
in organisms and has a potential for prevention of chronic diseases and that
its dietary intake may contribute to overall health enhancement.
The global market is estimated and forecasted in terms of revenue (USD
million) generated by the betaine market. The betaine market has shown
sustainable growth owing to rising demand from personal care & cosmetic
industry, food industry and increasing perseverance among the consumers toward
the health benefits of betaine consumption at recommended dosages.
Betaine Market Segmental Overview:
Type:
Based on type, the market is
segmented into synthetic betaine and natural betaine. Among all major type, the
bakery synthetic segment dominated the market in 2017.
Form:
Furthermore, on the basis of form
the global betaine market is categorised into betaine anhydrous, Cocamidopropyl
betaine and betaine monohydrate.
Application:
Based on application, this betaine
market is classified into food & beverages, animal feed, cosmetics,
detergents and other applications.
Geography:
North America
Europe
Asia Pacific and Rest of the
World. Rest of the world comprises of Latin America and Middle East &
Africa.
Key Players:
British Foods PLC
BASF SE
E.I. Dupont De Nemours &
Company
Nutreco N.V
Solvay
KAO Corporation
Stepan Company
Amino
Sunwin Chemicals Co., Ltd etc.
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Us:
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them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
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