Betaine Market to Reach US$ 5.0 Billion by 2027, Exhibiting a Growth Rate (CAGR) of 5.39%

Global betaine market size to reach US$ 5.0 Billion by 2027, exhibiting a growth rate (CAGR) of 5.39% during 2022-2027.

BROOKLYN, NEW YORK, UNITED STATES, February 14, 2023 /EINPresswire.com/ -- The latest report by IMARC Group, titled “𝐁𝐞𝐭𝐚𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕”, the global betaine market size reached US$ 3.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2027, exhibiting a growth rate (CAGR) of 5.39% during 2022-2027.

Betaine, also known as betaine anhydrous or trimethylglycine (TMG), is a substance that naturally occurs in the body. It can also be found in foods like spinach, beets, seafood, wine, and cereals. It is extensively distributed among microorganisms, animals, and plants. It is known to function physiologically as a significant osmoprotectant, as well as a methyl group donor. According to the US Food and Drug Administration (FDA), betaine can treat a genetic condition where too much homocysteine builds up in the body.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/betaine-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

𝐁𝐞𝐭𝐚𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The global betaine market is driven by substantial growth in the pharmaceutical, food and beverage, and nutraceutical industries across the globe. Apart from this, the rising demand for nutritional products and dietary supplements is aiding the market growth. Besides this, the extensive adoption of betaine as an anti-stress agent in animal feed is also supporting the growth of the market. Betaine is employed in several feed additives to enhance the metabolism of farm animals and reduce the risks of visual abnormalities as well as developmental delays that are linked to its deficiencies.

In addition, the health benefits linked to product consumption, like better metabolism, endurance, and muscle strength, are expected to boost the demand for the product. Moreover, its intrinsic properties, including high water holding capacity, promote its usage in toiletries and cosmetics, which is anticipated to have a positive influence on the market growth.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=2199&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐰𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The competitive landscape of the industry has also been examined with some of the key players.

• American Crystal Sugar Company (United Sugars Corp.)
• Amino GmbH
• Associated British Foods PLC
• BASF SE
• Dow Inc.
• Evonik Industries AG
• Kao Corporation
• Merck KGaA, Nutreco (SHV Holdings)
• Solvay
• Stepan Company

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on source, product type and end-use industry.

Breakup by Source:
• Synthetic
• Natural

Breakup by Product Type:
• Betaine Anhydrous
• Betaine Monohydrate
• Betaine HCl
• Cocamidopropyl Betaine
• Others

Breakup by End-Use Industry:
• Food Industry
• Feed Industry
• Personal Care Industry
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2199&flag=C

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐎𝐭𝐡𝐞𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐁𝐲 𝐈𝐦𝐚𝐫𝐜:

https://www.digitaljournal.com/pr/news/india-spices-market-size-expected-to-reach-inr-270-928-4-crores-by-2027-cagr-of-11-15-

https://www.digitaljournal.com/pr/news/secondhand-luxury-goods-market-to-reach-us-47-1-billion-by-2027-growth-rate-cagr-of-9-4-

https://www.digitaljournal.com/pr/news/latin-america-ott-platform-market-growth-rate-to-exhibit-a-cagr-of-12-29-during-2022-2027

https://www.digitaljournal.com/pr/news/north-america-ice-cream-market-size-to-reach-us-17-5-billion-by-2027-growth-rate-of-4-5-

https://www.digitaljournal.com/pr/news/data-lakes-market-expected-size-us-30-2-billion-by-2027-growth-rate-cagr-of-26-4-

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here