Betaine Market - Global Industry Size, Share, Forecast 2015 – 2023

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REPORT DESCRIPTION

Betaine is a chemical compound and is normally found in different vegetables, which include sugar beet, spinach, broccoli and

cereals among others. Betaine helps in healthy metabolism and is widely used in the food industry. It is also used for the healing

of muscular weakness and improving athletic performance. Moreover, this compound is broadly utilized in the pharmaceutical

industry for the treatment of heart and liver diseases. Betaine also finds wide application in animal feed, detergent and cosmetic

industries among others.

Some of the key driving factors for the global betaine market is increasing demand for health beneficiary products with high

nutritional value among consumers worldwide. Moreover, there has been a surge in the usage of betaine as personal care

product, owing to its water retention and moisturizing properties. Synthetic cosmetics often results in hair or skin problems and

thus consumers are opting for cosmetics with nutritive ingredients. Betaine is also used as a surfactant in the cosmetic industry,

due to its water holding capacity. In addition, betaine improves metabolism in animals and acts as methyl donor. Thus, there is

huge demand for this product as animal feed additive. Different geographical drivers are also accountable for the growth of this

market. Increasing application areas of betaine in sport and energy drinks in emerging countries is...