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The global “Betaine Market: Opportunity Analysis and Future Assessment 2022-2030” issued by Reports and Insights provides authentic and first-hand data, qualitative and quantitative analysis by industry analysts, and inputs from industry experts and stakeholders across the entire chain. The research examines current market trends, macroeconomic factors, regional analysis in-depth, as well as market attractiveness by segment. The market research provides SWOT analysis of competitors comprising extraneous environment assessment and PEST study. In addition, the market analysis offers business approaches for handling with COVID-19 impact on the market.
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Betaine Overview
Betaine -- also commonly known as betaine anhydrous, or trimethylglycine (TMG) - can be classified as a substance that is developed in the body itself. It holds a crucial role in cellular reproduction, liver functioning, and facilitation in making carnitine. It further aids the body to metabolize an amino acid known as homocysteine. The US Food and Drug Administration (FDA) authorized betaine to handle a genetic state in which an excessive amount of homocysteine builds up in the body.
In addition to that, scientists and researchers have also suggested betaine as a means to lessen the amount of homocysteine among people who do not have the genetic condition. This is due to the fact that the increased levels of homocysteine are related to heart ailments and stroke.
Moreover, the higher levels of homocysteine in the body may induce symptoms such as intense tiredness, displacement of the lens of the eye, seizures, osteoporosis (weak bones), anomalous bone structure, decreased weight or rate of weight gain, blood clots or slowed development in children. Betaine is a class of medications that functions by stabilizing the amount of homocysteine in the blood.
Growing awareness regarding clinical benefits of betaine is driving its demand across markets
Betaine, in recent times, is gaining massive prominence across pharmaceutical as well as food & beverages industry owing to its numerous health and clinical benefits, which is majorly projected to drive its demand across the global markets.
Primarily, betaine anhydrous aids in the metabolic process of a chemical known as homocysteine that holds a crucial role in the normal functioning of several different organs and parts of the body, including bones, blood, heart, eyes, nerves, muscles, and the brain. Betaine helps in the regulation of homocysteine levels in the body.
Besides that, Betaine, classified as amino acid, has been proven to possess potential advantages for combat cardiovascular illnesses, enhancing body structure, and assisting in encouraging fat loss and muscle gain. Attributing to such factors, the betaine market is estimated to grow significantly over the following years.
Furthermore, the fruit, starch and sugar group AGRANA, recently, launched production of crystalline betaine at a €40 million plant in Tulln that has the production capacity of approximately 8,500 metric tons of crystalline betaine each year. This makes Tulln the third manufacturing site all across the globe where natural crystalline betaine is produced. The production of betaine from sugar beet is a fascinating approach, pre-backed by the sugar generation and molasses desugarization, to ultimately obtain superior quality, crystalline betaine for the food, feed and cosmetic sector. Such factors are further projected to offer major breakthroughs in the growth of the global betaine market in the coming years.
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Regional Market Outlook
In terms of geography, the betaine market can be divided into six regions – North America, Latin America, Europe, Asia Pacific, Middle-East, and Africa. North America is, in present, dominating the betaine market, owing to the huge demand from the food & beverages industry. Moreover, Asia Pacific is also estimated to observe a rapid growth in the betaine market in the following years, owing to swift development of end-use industries, particularly the personal care industry.
Betaine Market Segmentation
The betaine market is segmented on the basis of type, end use and region.
By Type
Lactulose
Lactitol
GOS
Lactobionic Acid
Galactose
Sialyllactose
Others
By End Use
Animal Feed
Confectionery
Food
Pharmaceuticals & Beverages
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Betaine Market Key Players
Some of the key participating players in betaine market are:
Amino GmbH
E.I. Dupont De Nemours & Company
Nutreco N.V.
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