According to the market research report “Betaine Market: By Type (Synthetic, Natural); By Form (Betaine Anhydrous, Cocamidopropyl Betaine); By End-users (Food & Beverages, Animal Feed) & Geography – Forecast (2016-2021)”, published by IndustryARC, estimates that Asia-Pacific will dominate with its high deployment rate throughout the forecast period.
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Betaine is a kind of neutral chemical compound and belongs to the cationic functional group such as phosphonium cation or quaternary ammonium. It is widely consumed in food and beverages and personal care products. It helps in healthy metabolism and also used for the healing of muscular weakness and improving athletic performance. Intrinsic properties such as high water holding capacity promote its use in cosmetics and toiletries which is expected to have a positive impact on the Betaine Market growth over the forecast period.
Scope & Regional Forecast of the Betaine Market
The Betaine Market is projected to witness high growth from the cosmetics and toiletries segment due to rising demand for betaine cosmetics, betaine foods and betaine toiletries. The betaine benefits for health such as improved metabolism, muscle strength, power, and endurance are anticipated to rise the product demand. The major factor, rising nutritional deficiencies in the feedstock is expected to spur nutritional value feed additives demand over the forecast period.
However, over-consumption of betaine is expected to pose side effects. This factor is expected to hinder the market growth over the forecast period. Still, recent developments in this product in new hydrochloride form are estimated to fuel the Betaine Market Growth over the forecast period. The betaine uses for decreasing homocysteine levels in the blood, is expected to increase betaine demand during the forecast period.
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Asia-Pacific is dominating the Betaine Market as the deployment and adoption rate of the product is high in this region, followed by Americas. Also, Asia-Pacific is projected as the fast-growing region in terms of volume. In Addition, the growing end-users such as food & beverages, personal care in this region is also fueling the market growth. Americas is expected to register significant growth as the personal care and detergents are the major end-users in this region.
Segmentations & Key Players Involved in the Betaine Market
The Betaine Market can be broken down into various segmentations on the basis of –
Type: Synthetic Betaine, Natural Betaine and Others.
Form: Betaine Anhydrous, Cocamidopropyl Betaine, Betaine Monohydrate and Others.
End-Users: Food & Beverages, Animal Feed, Personal Care, Detergents, Dietary Supplements and Others.
Region: Americas, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Betaine Market are as follows:
Arch Personal Care Products L.P.
DuPont Nutrition & Health
Pacific Industrial Co., Ltd.
Yixing City Foreign Trade Co., Ltd.
TCI Chemicals (India) Pvt. Ltd
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