Market Overview:
The global synthetic betaine market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for synthetic betaine from various applications such as food and beverages, animal feed, cosmetics, detergents, and other applications. In terms of type, the food grade segment is projected to lead the global synthetic betaine market during the forecast period. This can be attributed to the increasing demand for food grade synthetic betaine from various application segments such as food and beverages and animal feed.
Product Definition:
Synthetic betaine is an organic compound that is used as a surfactant. It is made from plant-based materials and helps to reduce the surface tension of water, which makes it more effective at cleaning surfaces. Synthetic betaine also has anti-static properties, which make it ideal for use in hair care products.
Food Grade:
Food grade betaine is a highly refined and processed form of the nutrient, which is widely used as an additive in dietary supplements. It’s ability to enhance lean body mass and improve metabolism makes it one of the most popular nutraceutical ingredients globally. The product also helps in reducing body fat content, thereby improving weight loss efforts.
Pharmaceutical Grade:
Pharmaceutical grade is the purest form of betaine. It has no additives and other chemicals added to it. It is used in dietary supplements, nutraceuticals, cosmetics, and pharmaceutical products. Betaine is a type of supplement that helps in maintaining energy levels among people as well as improves heart health by reducing blood pressure levels and cholesterol level.
Application Insights:
Food and beverages was the largest application segment in 2017, where synthetic betaine is used as a food additive for improving dough strength, rising performance and fermentation control. Rising demand for bread, rolls, pastries and other baked goods coupled with increasing disposable income is expected to drive market growth over the forecast period.
The animal feed segment accounted for a share of 22% in terms of revenue in 2017 on account of high demand from poultry farms across the globe. Synthetic betaine helps improve bird health by enhancing immunity against diseases along with providing essential nutrients such as choline & methionine required to hatch eggs healthy. The product also has anabolic properties which help improve meat quality & quantity along with reducing fat deposition during cooking process thereby making it leaner. Growing use of animal protein sources such as chicken breast along with growing consumption of processed meats such as bacon & sausage is anticipated to propel market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries including cosmetics, pharmaceuticals, food and beverages, and others. China accounted for a major share in terms of consumption as well as production owing to cheap labor costs coupled with easy availability of raw materials such as rice bran oil.
The synthetic betaine market in Europe is expected to witness significant growth over the forecast period on account of increasing demand from personal care products along with growing environmental concerns regarding landfill sites filling up with chemical-based waste products that are toxic over a long term exposure. Stringent regulations by European Commission regarding landfills are likely to play an important role in promoting sustainable development practices across numerous end-use industries which will benefit industry expansion over the next eight years time frame.
Growth Factors:
- Increasing demand for personal care products owing to the growing population and rising disposable income.
- Growing awareness about the benefits of synthetic betaine among consumers, which is likely to boost its demand over the forecast period.
- Rising application of synthetic betaine in various end-use industries such as textiles, agriculture, food & beverage, and personal care products is expected to fuel its growth during the forecast period.
- Stringent environmental regulations regarding VOC emissions are likely to create opportunities for synthetic betaine market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Betaine Market Research Report
By Type
Food Grade, Pharmaceutical Grade, Feed Grade, Other
By Application
Food and Beverages, Animal Feed, Cosmetics, Detergents, Other
By Companies
DuPont, BASF SE, Kao Corporation, Evonik Industries, Associated British Foods, Sunwin Group, Nutreco, Solvay, Esprix Technologies, Stepan Company, DuPont, Amino GmbH, Jinan Dayin Chemicals, Dongyang Tianyu Chemical, Zhejiang Jucheng Chemical, Tiancheng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Betaine Market Report Segments:
The global Synthetic Betaine market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade, Feed Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Animal Feed, Cosmetics, Detergents, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- BASF SE
- Kao Corporation
- Evonik Industries
- Associated British Foods
- Sunwin Group
- Nutreco
- Solvay
- Esprix Technologies
- Stepan Company
- DuPont
- Amino GmbH
- Jinan Dayin Chemicals
- Dongyang Tianyu Chemical
- Zhejiang Jucheng Chemical
- Tiancheng
Highlights of The Synthetic Betaine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- Feed Grade
- Other
- By Application:
- Food and Beverages
- Animal Feed
- Cosmetics
- Detergents
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Betaine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic betaine is a synthetic compound that is used as a dietary supplement. It is typically made from the chemical l-betaine, which is found in plants. Synthetic betaine can help to improve energy levels and athletic performance.
Some of the major companies in the synthetic betaine market are DuPont, BASF SE, Kao Corporation, Evonik Industries, Associated British Foods, Sunwin Group, Nutreco, Solvay, Esprix Technologies, Stepan Company, DuPont, Amino GmbH, Jinan Dayin Chemicals, Dongyang Tianyu Chemical, Zhejiang Jucheng Chemical, Tiancheng.
The synthetic betaine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Betaine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Synthetic Betaine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Betaine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Synthetic Betaine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Synthetic Betaine Market Size & Forecast, 2020-2028
4.5.1 Synthetic Betaine Market Size and Y-o-Y Growth
4.5.2 Synthetic Betaine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.2.3 Feed Grade
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Animal Feed
6.2.3 Cosmetics
6.2.4 Detergents
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Betaine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Betaine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
9.6.3 Feed Grade
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Animal Feed
9.10.3 Cosmetics
9.10.4 Detergents
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
10.6.3 Feed Grade
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Animal Feed
10.10.3 Cosmetics
10.10.4 Detergents
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
11.6.3 Feed Grade
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Animal Feed
11.10.3 Cosmetics
11.10.4 Detergents
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
12.6.3 Feed Grade
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Animal Feed
12.10.3 Cosmetics
12.10.4 Detergents
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
13.6.3 Feed Grade
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Animal Feed
13.10.3 Cosmetics
13.10.4 Detergents
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synthetic Betaine Market: Competitive Dashboard
14.2 Global Synthetic Betaine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 BASF SE
14.3.3 Kao Corporation
14.3.4 Evonik Industries
14.3.5 Associated British Foods
14.3.6 Sunwin Group
14.3.7 Nutreco
14.3.8 Solvay
14.3.9 Esprix Technologies
14.3.10 Stepan Company
14.3.11 DuPont
14.3.12 Amino GmbH
14.3.13 Jinan Dayin Chemicals
14.3.14 Dongyang Tianyu Chemical
14.3.15 Zhejiang Jucheng Chemical
14.3.16 Tiancheng
