(Food-Beverage-News.Com, November 01, 2017 ) The North America Betaine Market was worth USD 0.83 billion in 2016 and is estimated to be growing at a CAGR of 6.56%, to reach USD 1.13 billion by 2021. The market is showcasing evident potential in the mentioned forecasting period. Betaine is an amino acid that has demonstrated several potential benefits for curing heart disease, improving body consumption and aids in promoting muscle gain and reduction in fat because of its abilities to promote protein synthesis in the body. Betaine also helps in improving physical performance including power, strength and muscle endurance.
The North America Betaine Market is driven by rapid growth of betaine in various industries, Pharmaceutical being the major one of them, in the North America region. In the recent times, USA and Canada are observing an increasing demand of betaine, mainly due to its multi-functional uses in various industries. Betaine can hold moisture and is widely used in cosmetic industry. Betaine can also serve as an ingredient in the animal feed. The major factor restraining the growth of the betaine market is that high doses of betaine or overconsumption can create health problems and affect the heart.
North America Betaine Market Segmentation:
• By Type: Introduction, Synthetic Betaine and Natural Betaine
• By Form: Introduction, Betaine Anhydrous, Cocamidopropyl Betaine and Betaine Monohydrate
• By Application: Introduction, Food & Beverages, Animal Feed, Pharmaceuticals, Cosmetics and Detergents
• By Geography: Introduction, United States and Canada
The North America Betaine Market is driven by rapid growth of betaine in various industries, Pharmaceutical being the major one of them, in the North America region. In the recent times, USA and Canada are observing an increasing demand of betaine, mainly due to its multi-functional uses in various industries. Betaine can hold moisture and is widely used in cosmetic industry. Betaine can also serve as an ingredient in the animal feed. The major factor restraining the growth of the betaine market is that high doses of betaine or overconsumption can create health problems and affect the heart.
Key Players:
There are many companies which are dominating the North America Betaine Market, some of the key players include Sunwin Chemicals, Amino GmbH, Associated British Food Plc, Solvay S.A., American Crystal Sugar Company, Kao Corporation, Stepan Company, DuPont, Nutreco N.V. and BASF SE.
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