Betaine Market Insights:
In a recent research report by Market Research Community, the Betaine Market is expected to surpass USD 6.29 Billion by the year 2028, from USD 4.21 Billion in 2021.
The Betaine Market Share is projected to grow at a significant pace reaching a CAGR of approximately 5.9%, over the forecast period of 2021–2028, despite a considerable fall in product sales during the initial phase of the pandemic spread and lockdown restrictions imposed globally.
Betaine is used as a dietary supplement, often to promote liver health and to lower homocysteine levels in the blood. It is also used to improve athletic performance, muscle strength and endurance. Betaine is considered safe when taken in recommended dosages and is available in various forms like capsules, tablets, and powders. However, it’s always recommended to consult with a healthcare professional before taking any dietary supplement.
Betaine is a natural compound found in many foods, including beets, spinach, and wheat. It is also known as trimethylglycine (TMG) and is structurally similar to the amino acid glycine. Betaine is involved in several important processes in the body including the metabolism of homocysteine, an amino acid that at high levels can increase the risk of heart disease. Betaine is also known to help in maintaining the cellular osmotic pressure and hydration, methylation processes and liver detoxification.
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The study is consolidated into major segments and further into sub-segments, such as By Type (Synthetic Betaine, Natural Betaine), By Application (Animal Feed, Cosmetics & Personal Care, Food & Beverages, Others), to forecast the market size by value.
· Synthetic Betaine
· Natural Betaine
· Animal Feed
· Cosmetics & Personal Care
· Food & Beverages
Betaine Market Includes Key Players:
· American Crystal Sugar Company
· Weifang Sunwin Chemicals Co. Ltd
· DuPont de Nemours, Inc.
· Associated British Food Plc.
· Nutreco N.V.
· Xi′an Harmonious Natural Biotechnology Co., Ltd.
· Jinan Pengbo Biotechnology Co., Ltd.
· BASF SE
Betaine Market Trends, and Asian nations are steadily emerging as a result of government policies that are favorable to this market and growing public understanding of the advantages of these systems. Further, regions such as the Latin America, and Europe Middle East and Africa, are expected to boost the market expansion during the forecast period.
• Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
• Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
• North America– (U.S., Canada, Mexico)
• Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
• Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
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