Betaine Market Research, Growth Opportunities, Analysis and Forecasts Report Having Players like Associated British Foods plc, BASF SE, DowDupont Inc., Nutreco N.V., Solvay S.A., American Crystal Sugar Company, Kao Corporation, Stepan Company, Amino GmbH

The major trend being witnessed in the global betaine market is the emergence of new application of betaine as anti-stress agent in domestic animals. With the onset of more awareness about health of farmed animals, a large number of farmers are shifting toward health supplements to boost the state of well-being of the animals. It is one such compound that has numerous health benefits such as improving digestion, heart health, supporting liver functioning, and muscle growth.

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On the basis of type, the betaine market is categorized into synthetic betaine and natural betaine. The demand for synthentic betaine is expected to grow at a significant pace as modern healthcare industry requires synthetic betaines to fulfil nutritional requirement of an animal or an individual, which otherwise cannot be done by natural ones.

Major driver identified in the betaine market is the rising demand for the compound from the animal feed, and food and beverages industries. The market is anticipated to increase with a rise in awareness about nutritional value of the product when utilized in multi-functional usage as well as in dietary supplement, such as methyl donor and surfactant. The increase in the popularity of energy and sports drinks in which the compound is used has further extended the scope for the market.

Major restraint identified in the betaine market is saturated market conditions for the compound in developed regions such as Europe and North America. Some of the European and North American nations have been witnessing population stagnation or decline, which is resulting in restraining the demand for the product.

With rapid economic development, the betaine market is growing exponentially in emerging economies. The growing income and focus on healthy life style, the demand for betaine-based health supplements such as drinks and other nutrients are rising at a rapid pace.

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Some of the major players operating in the global betaine market are Associated British Foods plc, BASF SE, DowDupont Inc., Nutreco N.V., Solvay S.A., American Crystal Sugar Company, Kao Corporation, Stepan Company, Amino GmbH, and Sunwin Chemicals Co. Ltd.

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