Surge in demand by the food and beverages industry is projected to escalate the betaine market at a CAGR of 5.1%
Latest market study on “Global Betaine Market to 2027 – Analysis and Forecasts by Type (Synthetic Betaine, Natural Betaine); Form (Betaine Anhydrous, Cocamidopropyl Betaine, Others); Application (Food and Beverages, Animal Feed, Cosmetics, Detergents, Others)”, The global betaine market in the food and beverages segment is accounted to US$ 1,234.2 Mn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 2,018.5 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Under the applications segment, the food and beverages segment accounted for the largest share in the global betaine market. Betaine is a dipolar ion that has a quaternary ammonium compound that is known as glycine betaine, trimethylglycine oxyneurine or lycine. Temperature stress, high salinity, or exposure to drought triggers the betaine synthesis in the mitochondria that ultimately results in its accumulation in the cells. Betaine has been used as a dietary supplement that has provided useful insights into human nutrition. The health benefits associated with the implementation of betaine in the food supplements and the application of betaine in sports beverages has led to a direct impact on the expansion of the betaine market all over the globe.
The presence of betaine in the sports drink helps improve the metabolism in the body that results in increased athlete performance. Betaine helps in increasing the anaerobic power by approximately 5.5% and helps in improving the performance by elevating the intramuscular creatine stores, protects the muscle cells from stress-induced damage and also helps in increasing the muscle strength. Betaine is present in foods in varying amounts that are associated with osmotic stress and growing conditions. Betaine has been proven to be successful in favoring the heart, kidney, liver and in DNA methylation of the body.
The market for global betaine is concentrated with some very well-established players. Some of the key players in the global betaine market include American Crystal Sugar Company, AMINO GmbH, BASF SE, E. I. Du Pont De Nemours and Company, among others.
Global Betaine Market — By Region Breakdown, 2018