Global Betaine Market Research Report 2022

Betaine, a white crystalline powder, is mainly found in the molasses of beet sugar. As a feed additive, it has the function of providing methyl donors and can save part of methionine. It also has the functions of regulating osmotic pressure in the body, alleviating stress, promoting fat metabolism and protein synthesis, increasing lean meat rate, and enhancing the efficacy of anticoccidial drugs. In aquatic animal feed, it is used as a food attractant, etc.
Market Analysis and Insights: Global Betaine Market
Due to the COVID-19 pandemic, the global Betaine market size is estimated to be worth US$ 1963 million in 2022 and is forecast to a readjusted size of US$ 2624.6 million by 2028 with a CAGR of 5.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Synthetic Betaine accounting for % of the Betaine global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Animal Feed segment is altered to an % CAGR throughout this forecast period.
Global betaine key players include DuPont, AB Vista, HEALTHY (HANGZHOU) HUSBANDRY SCI-TECH, Tianshi Siliao, Sunwin Biotech Shandong etc. Global top 2 players hold a share about 50%. Asia Pacific is the largest market, with a share about 33%, followed by Europe and North America, both have a share about 30 percent.In terms of product, natural betaine is the largest segment, with a share over 68%. And in terms of application, the largest application is animal feed, followed by cosmetics.
Global Betaine Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Betaine Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Synthetic Betaine
Natural Betaine
Segment by Application
Animal Feed
Cosmetics
Food & Beverages
Pharmaceutical
Others
By Company
DuPont
Evonik
AB Vista
Lubrizol
Agrana
Asahi Kasei
Healthy
Skystone
Sunwin
Jujia Group
Shandong Ruihong
Shandong Efine
Pengbo Biotechnology
Hebei Younite Biotechnology
Aocter
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina