Pune, India -- (SBWIRE) -- 09/24/2018 -- Market Overview:
Global Betaine Market is estimated to grow at the CAGR of 4%. Increasing application of betaine in cosmetics and personal care products due to its retention and moisturizing properties is driving the growth of betaine market. Rising demand of animal feed containing betaine is anticipating the sales of betaine from last few years. Rising consumption of betaine as a dietary supplement is plying the key role in betaine market growth. Key players such as DuPont and BASF SE are significantly investing in the development of new products to maintain competitive edge in the betaine market.

Betaine hydrochloride is mainly use as a dietary supplement whose purity and strength can vary according to type of the dietary supplement. Betaine hydrochloride is also used to treat irregularly low levels of Potassium, Atherosclerosis, Yeast Infections, High Fever, Anemia, Asthma, Diarrhea, Food Allergies, Gallstones, Inner Ear Infections, and thyroid disorders. It is also used to protect the liver as it prevents or reduces accumulation of fat in the liver.

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Major Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major betaine market players. It further includes product portfolios, developments of leading major players which includes

The key players profiled in the betaine market are as Nutreco N.V. (Netherlands), Associated British Foods PLC (U.K.), DuPont (U.S.), Amino GMBH (Germany), BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.) and Kao Corporation (Japan)

Key Findings:
Application of betaine as a dietary supplement is growing at higher rate

Betaine anhydrous is dominating the betaine market in Europe

Segments:
Betaine market has been segmented on the basis of type which comprises natural betaine and synthetic betaine

Betaine market has been segmented on the basis of form which comprises betaine anhydrous, cocamidopropyl betaine, betaine monohydrate

Betaine market has been segmented on the basis of application which comprises dietary supplements, animal feed, cosmetics, pharmaceutical and others

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Regional Analysis:
Betaine Market is segmented into Europe, North America, Asia Pacific, and rest of the world (ROW). Among these North America region has the major market share followed by Europe. Support from regulatory authorities and increasing application of betaine in various animal feed products is driving the market growth in North America region. Growing awareness about health benefits of betaine is playing the key role to drive the market growth in Asia Pacific region. Europe is witnessing significant growth of betaine market in pharmaceutical segment due to rise in research and development activities in that region.