The United States betaine market was valued at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at an estimated CAGR of XX% during the forecast period of (2017 – 2022).
Betaine is an amino acid and is manufactured as anhydrous betaine and betaine hydrochloride that comprises of treating chloroacetic acid with sodium carbonate, and then pouring liquid trimethylamine at a certain temperature to obtain betaine crystal compound. This obtained compound is later on centrifuged and dried to obtain the betaine compound. The raw materials are extracted from sugar beet molasses. Betaine is used in the food, beverages, feed and personal care industry segments. They find extensive usage in the cosmetics industry as well. The compound has amazing water holding capacity, good nutritional value and even can serve as a methyl donor for the animal feed industry. In addition, the compound finds extensive use as detergent and diet supplements too.
The United States betaine market is segmented on the basis of forms into betaine anhydrous, betaine monohydrate, cocamidopropyl betaine, and others. The market has also been segmented on the basis of types into natural betaine and synthetic betaine. Additionally, the market on the basis of applications has been segmented into the animal feed, food, beverage, & dietary supplements, cosmetics, detergents, and others. Furthermore, the market is segmented on the basis of end-user industry into food industry, feed industry, personal care industry, and others. The United States betaine market has been segmented on the basis of region into: region 1 (northeast), region 2 (midwest), region 3 (south), and region 4 (west).
Drivers for the United States betaine market are:
Growing usage in the food industry,
Increased commercial usage as a surfactant
Rising demand from personal care sector
However, this market faces certain drawbacks such as the allergic to humans when used in personal care products. This aforementioned factor may act as a roadblock to the growth of the market.
Furthermore, the increasing usage of betaine as an anti-stress agent for animals, and shifting focus towards the usage of glycine betaine as a raw material for greener surfactants will offer numerous opportunities for the growth of the United States betaine market.
Some of the major companies dominating the market are:
Key Deliverables in the Study
Market analysis for the United States betaine market, with region specific assessments and competition analysis on a regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global wearable medical devices market on a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
Table of Contents
1.2 Research Methodology
2. Executive Summary
3. Global Betaine Market Overview
3.1 Market Size in Revenue and Volume
3.2 Market Dynamics
4. United States Betaine Market
4.2 Industry Chain Analysis
4.3 Industry Attractiveness – Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Degree of Competition
5. Market Dynamics
5.1.1 Increased Demand from Personal Care Sector
5.1.2 Growing Usage in Food Industry
5.1.3 Increased Commercial Usage as Surfactant
5.1.4 Growing Usage in Animal Feed
5.1.5 Growth in Global Functional Drinks Market
5.2.1 Allergic Reactions for Humans when used in Personal Home Care Products
5.3.1 Use of Betaine as Anti-Stress Agent for Animals
5.3.2 Shifting Focus towards the Usage of Glycine Betaine as Raw Material for Greener Surfactants
6. Market Segmentation and Analysis
6.1 By Forms
6.1.1 Betaine Anhydrous
6.1.2 Betaine Monohydrate
6.1.3 Cocamidopropyl Betaine
6.2 By Types
6.2.1 Natural Betaine
6.2.2 Synthetic Betaine
6.3 By Application
6.3.1 Food, Beverages and Dietary Supplements
6.3.2 Animal Feed
6.4 By End-user Industry
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