Betaine Market Overview, Trends, and Growth by 2027
The betaine market is witnessing steady growth due to its expanding applications in animal nutrition, personal care, pharmaceuticals, and food & beverages. Valued at US$ 3,312.0 million in 2018 , the market is projected to reach US$ 5,110.0 million by 2027 , growing at a CAGR of 5.1% during the forecast period of 2019 to 2027 . This growth trajectory is driven by rising consumer awareness about health and wellness, the demand for performance-enhancing ingredients, and the ongoing innovation in nutraceuticals and cosmetic formulations. Key Market Drivers A major driver of the betaine market is the increasing demand for nutritional supplements and functional food ingredients. Betaine, a naturally occurring compound derived from sugar beets, is widely known for its osmoregulatory and methyl donor properties. Its use in animal feed has surged, particularly in poultry and swine, where it improves digestion, performance, and meat quality. Cocamidopropyl betaine , a derivative use...