Betaine Market Overview
Betaine Market was valued at US$ 3.9 Billion in 2024 and is projected to grow at a CAGR of 7.40% to reach US$ 7.6 Billion by 2034.
Betaine is the crystalline compound with basic properties which are found in plant juices. Betaine is extracted by liquid chromatographic separation from sugar beet molasses then refined & crystallized. Betaine is found in plants, animals, and micro-organisms. Betaine is present in sugar beets, wheat, spinach and shellfish. Betaine is considered as a methyl donor because it helps in detoxification, cellular functioning and also help in body processing fats. Dietary betaine helps in improving function of liver in fatty liver diseases. Betaine are taken with meals. Betaine helps in preventing build-up of amino acid called as homocysteine which harms blood vessels and contribute to stroke, heart diseases and circulation problems. Betaine is also used in reducing homocysteine levels in people with having genetic condition like homocystinuria. Betaine which are derived naturally are used in personal care products for hydration of skin, and adding strength to hairs. Natural betaine is derived from plants obtained from beet sugar. Betaine also has anti-inflammatory functions in numerous diseases. Betaine is good for hair. Betaine anhydrous is used in cosmetics for moisturizing power and protect skin from irritation. In hair treatment presence of betaine anhydrous provides humectant, conditioning and volumizing properties to hairs. Betaine anhydrous helps in reducing static electricity and makes hair soft, shiny and easy to comb. Supplements like betaine HCI with pepsin, Iberogast, B vitamins, ginger, probiotics, melatonin help in relieving symptoms of acid reflux. Natural betaines are amino acid that comes from beet. Betaine has wide variety of applications in personal care products, dietary supplements, animal feed, food & beverage, detergents, etc. which has given positive impact on target market growth.
Betaine Market Dynamics
Rise in demand for personal care products, disposable income and rate of urbanization
Rising demand for personal care products, disposable income and rate of urbanization is one of the leading factors for the Betaine Market growth. Wide applications for betaine in personal care product is increasing extensively. Betaine are used in personal care products like hair-care, sunscreen, foundation creams, lotions, self-tanners, hydrating creams, etc., and others. Betaine helps in balancing skin hydration, gentle on skin. Betaine is included in cleansing products due to its gentle soothing nature. Betaine is used as a hair conditioning ingredient as it makes hair smooth and shiny. Plant-based betaine are used in skin care products which helps in hydration of skin and maintain moisture. Betaine is used in preparation of pharmaceutical shampoos and liquid soaps. Betaine has high surface activity and thus proved as efficient cleansing agents. Urbanization has given rise in disposable income which allows the individual to enhance their lifestyle, standard living and spent more money on personal care products. Oral hygiene products, skin care, hair care, anti-aging creams which are daily needed and are high in demand by consumers. Various types of face cream, shampoos, are used to enhance lifestyle. Urbanization has given rise in standard of living. Mostly, women are working in every sectors and are more aware about their face, hairs keeping them maintain and healthy. Disposable income has allowed them to purchase the products in market. However, use of betaine in personal care products has given positive impact on target market growth. According to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, rising demand in personal care products, growth in disposable income and population in urban areas boosts the demand for betaine market.
Wide applications in animal feed
Applications in animal feed has become the major factor in target market growth. Well-known application of betaine is animal feed. Betaine in animal feed helps to save feed costs by replacing methionine and choline chloride as methyl donor in poultry diets. Betaine has become the important tool for producers for improving overall layer liveability. Betaine helps in improving quality of eggs and prolongs its freshness by increasing efficiency of osmoregulation. Betaine is available in various forms as an additive for animal feed. Betaine helps in increasing intracellular water retention as an osmolyte, it also protects cellular structures like DNA, enzymes and proteins. Betaine helps in improving animal performance under specific stress conditions like water salinity, coccidiosis challenge and heat stress. Betaine relieves heat stress in animals which help in promoting feed intake and maintaining their performance. Animal’s health has become important due to rising demand for animal derived food like eggs, meat, dairy products, which provides proteins and calcium. Betaine has become the alternative bioactive compounds for supporting animal health. However, wide applications in animal feed has enhanced the target market growth.
Restrains:
However, side effects due to over consumption of betaine may cause memory problems, muscle weakness, change in vision, problem with walking, change in mental state, unusual body or breath odor, allergic skin reaction, may somewhat restrain the betaine market growth.
Betaine Market Segmentation
Betaine Market is segmented based on type, form, application, and region.
Type Insight
On the basis of Type Betaine Market is segmented into Natural, Synthetic. Natural betaine has dominated the target market growth because it has become a major nutritional aid during heat stress in animals.
Form Insights
On the basis of Form Betaine Market is segmented into Betaine Monohydrate, Betaine Anhydrous, and Cocamidopropyl Betaine. Betaine Anhydrous has dominated the target market growth as it is involved in cellular reproduction, liver function, etc. Betaine Anhydrous in cosmetics helps in protecting skin from irritation, and provides volumizing & humectant properties for hairs.
Application Insights
On the basis of Application Betaine Market is segmented into Personal Care, Animal Feed, Food & Beverage, Dietary Supplements, Detergents, and others. Personal care applications has dominated the target market growth because there is rising demand for personal care products like shampoos, creams, lotions, for skin and hair care. Betaine in personal care products like anti-aging cream helps in preventing wrinkles, in hair care products provides soft and shiny hairs.
Regional Insights:
On region the Betaine Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, rising demand from industries like animal feed, dietary supplements, personal care products, and performance drink products, is anticipated to increase demand for Betaine in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
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Market Segmentation |
By Type - Natural, Synthetic By Form - Betaine Monohydrate, Betaine Anhydrous, and Cocamidopropyl Betaine By Application - Personal Care, Animal Feed, Food & Beverage, Dietary Supplements, Detergents, and others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Betaine Market report based on type, form, application, and region:
Betaine Market, By Type:
- Natural
- Synthetic
Betaine Market, By Form:
- Betaine Monohydrate
- Betaine Anhydrous
- Cocamidopropyl Betaine
Betaine Market, By Application:
- Personal Care
- Animal Feed
- Food & Beverage
- Dietary Supplements
- Detergents
- Others
Betaine Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Recent Development:
- In February, 2022, Oakrum Pharma and ANI Pharmaceuticals has announced the launch of Betaine Anhydrous Powder which is the first generic version of Cystadane powder for oral solution, including 180 days of exclusivity.
Betaine Market Key Players
The key players operating the Betaine Market includes,
- BASF SE
BASF SE, was founded in 1865, which is headquartered in Ludwigshafen, Germany. BASF SE is the German multinational company. BASF SE is the largest chemical producer in the world. BASF SE offer products like plastics, chemicals, crop technology, catalyst, natural gas, crude oil, etc.
- ASAHI KASEI FINECHEM CO. LTD.,
ASAHI KASEI FINECHEM, is headquartered in Nakaoshima, Kits-ku, Osaka. ASAHI KASEI FINECHEM is the multinational Japanese company. Asahi Kasei offer products like specialty chemicals, and contract manufacturing of pharmaceutical ingredients.
- Solvay S.A
Solvay S.A, was founded in 1863, which is headquartered in Neder-Over-Heembeek, Brussels, Belgium. Solvay S.A, offer products like chemicals, advanced materials, performance chemicals, functional polymers, etc. The company offers products like amines, composites, flavor & fragrances, antioxidants & stabilizers, and others.
- Jinan Pengbo Biotechnology Co. Ltd.
Jinan Pengbo Biotechnology, was founded in Jinan which is the capital of Shandong province since 2013. Jinan Pengbo Biotechnology offer products like personal care & cosmetics product, pharmaceutical product, human nutrition product, additives for feed, etc.
- Agrana
Agrana, was founded in 1988 which is headquartered in Vienna, Austria. Agrana Group is the food company. Agrana, is based in Vienna. Agrana, is the producer of starch, sugar, juice concentrate, ethanol fuel, fruit preparation, etc. Wiener Zucker is the known brand of Agrana.
- Evonik Industries AG
Evonik Industries AG, was founded in 2007, which is headquartered in Essen, Germany. Evonik is the stock-listed German specialty chemicals company. Evonik has become the second largest chemical company in the world.
- Kao Corporation
Kao Corporation. Was founded in 1887, which is headquartered in Chuo, Tokyo, Japan. Kao Corporation is the chemical and cosmetics company. Kao Corporation also offers household products, industrial products, laundry products, etc.
- Stepan Company
Stepan Company, was founded in 1932, which is headquartered in Northbrook, Illinois. Stepan is the manufacturer of specialty chemicals. Stepan is the largest global merchant manufacturer of anionic surfactants that are used for enhancing foaming & cleaning capabilities of shampoos, cosmetics, toothpastes and detergents.
- Amino GmbH
Amino GmbH, is the manufacturer of innovative and high-quality amino acid products which are delivered internationally. Amino GmbH offer products in various sectors like manufacturing of active pharmaceutical ingredients, parenteral nutrition, pharmaceutical intermediates, cell culture media ingredients, infant nutrition, specialty dietary products, infant nutrition, clinical nutrition & dietetics.
- American Crystal Sugar Company
American Crystal Sugar Company, was founded in 1899, which is headquartered in Moorhead, Minnesota, U.S. It is an agricultural co-operative specializing in production of sugar & agri-products. American Crystal Sugar Company is the largest beet sugar producer in U.S.
- Oakrum Pharma LLC.
Oakrum Pharma, is the private biopharmaceutical company. Oakrum Pharma is located in St. Louis, Missouri. Oakrum Pharma delivers the affordable medicines which helps in improving patient access & outcomes to underserved patient populations. Oakrum Pharma offer products like betaine anhydrous oral solution, deferasirox oral granules and others.
- ANI Pharmaceuticals, Inc.
ANI Pharmaceuticals is a diversified bio-pharmaceutical company which is a developer, manufacturer, and marketer of high quality branded & generic pharmaceutical products. ANI Pharmaceuticals manufacturing facilities are located in Baudette and Minnesota. The company offers oral solid dose products, controlled substances, liquids and topicals, and potent products.
Betaine Market Company Profile
- Oakrum Pharma LLC.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- ASAHI KASEI FINECHEM CO. LTD.
- Solvay S.A.
- Jinan Pengbo Biotechnology Co. Ltd.
- Agrana
- Evonik Industries AG
- Kao Corporation
- Stepan Company
- Amino GmbH
- American Crystal Sugar Company
- ANI Pharmaceuticals Inc.*
“*” marked represents similar segmentation in other categories in the respective section
Betaine Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Forms
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Betaine Market, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Natural
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Synthetic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Betaine Market, By Forms, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Betaine Monohydrate
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Betaine Anhydrous
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Cocamidopropyl Betaine
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Betaine Market, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Personal Care
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Animal Feed
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Food & Beverage
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Dietary Supplements
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Detergents
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Betaine Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Forms, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Forms, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Forms, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
-
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Forms, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Latin America
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-
-
- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Forms, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
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-
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- GCC
- Israel
- South Africa
- Rest of Middle East
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-
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ASAHI KASEI FINECHEM CO. LTD.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Solvay S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Jinan Pengbo Biotechnology Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Agrana
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Evonik Industries AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kao Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Stepan Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Amino GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- American Crystal Sugar Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oakrum Pharma LLC.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ANI Pharmaceuticals Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Betaine Market is segmented into type, form, application, and region.
Betaine Market is driven by factors like rising demand for personal care products, disposable income, rate of urbanization, and wide applications in animal feed.
By region, the Betaine market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.
The key players operating the Betaine Market includes, BASF SE, ASAHI KASEI FINECHEM CO. LTD., Solvay S.A., Jinan Pengbo Biotechnology Co. Ltd., Agrana, Evonik Industries AG, Kao Corporation, Stepan Company, Amino GmbH, American Crystal Sugar Company, Oakrum Pharma LLC., ANI Pharmaceuticals Inc., and others.