According to Data Bridge Market Research new Market report, global betaine market is expected to register a conservative CAGR in the forecast period of 2019-2026.
Global Betaine Market
Betaine also known as trimethylglycine is an amino acid derivative that is found in the plants. It is a byproduct of the sugar beet processing. Betaine prevent the built up of homocysteine a harmful amino acid which can cause heart disease and other circulation problems. When amino acid is combined with choline, betaine is formed. Its main function is to help the body to process fat. Excessive level of amino acid homocysteine can be harmful for the blood vessels so betaine is used to convert the homocysteine in the blood to methionine. It also is used to treat homocyst inuria where the body cannot break down homocysteine which can cause heart and circulation issue. Betaine is used in food supplements, sports drinks, cosmetics product and also in animal feed.
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Global betaine market is segmented on the basis of type, form, application, end- user and geography.
By Type (Natural Betaine, Synthetic Betaine), Form (Betaine Anhydrous, Betaine Monohydrate, Cocamidopropyl Betaine, Others), Application (Food & Beverages, Animal Feed, Cosmetics, Detergents, Others), End-User (Food Industry, Feed Industry, Personal Care Industry, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Few of the major competitors currently working in the betaine market are BASF SE, DuPont, Associated British Foods plc, Solvay, Nutreco, Kao Corporation, Amino GmbH, Stepan Company, American Crystal Sugar Company, Enaspol Inc., Norkem Limited, Sunland Chemical, Shanghai Kangxin Chemical CO.LTD.
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Global Betaine Market – Industry Trends and Forecast to 2028