Summary
Global Betaine Market-Segmented by Forms , Types , Applications , Industry and Geography-Trends and Forecasts ( 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 .
Description
The global betaine acid market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020 , at a CAGR of XX % during the forecast period from 2015 to 2020 .
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 centrifugalized and dried to obtain the betaine compound . The raw materials are extracted from sugar beet molasses . The typical use of betaine is in the food , beverages , and feed and personal care industry segments . They find extensive use in cosmetics industry too . They have amazing water holding capacity , have good nutritional value and even can serve as methyl donor for the animal feed industry . They find extensive use as detergents and diet supplements too .
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The largest production of betaine is in the North American region , due to a strong need from the personal care , animal feed and functional drink market . The North American region is followed by an increasing demand from the Europe and Asia-Pacific regions . There is a sharp increase in the demand from the Asia-Pacific regions recently owing to the increase in the consumption of the products from the various developing nations . China is the largest market in Asia-Pacific region followed by India and Japan . United States and Canada are the largest consumers in North American regions .
Market Dynamics of the Global Betaine Market : Drivers :
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Increased demand from personal care sector Popular application in food industry Increased commercial usage as surfactant Growing usage in animal feed Growth in global functional drinks market
Constraints :
� Sluggish market in Europe www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019