Reports
Sale
Europe Betaines Market Size, Share, Trends, Forecast: By Application: Food and Beverages, Home and Personal Care, Animal Feed, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032
Europe Betaines Market Outlook
The global betaines market grew at a CAGR of nearly 4.7% during 2018-2023. The rising demand for high nutrition food products and mounting awareness regarding the health benefits of betaine have majorly contributed to the growth of the market in Europe. Owing to this, the Europe betaines market is projected to reach a value of more than 878.77 by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Betaine is used as a foam booster, viscosity modifier and co-surfactant in the home and personal care sector. In addition to this, it is also employed in the manufacturing of detergents, cosmetics, animal feed, plastics, pharmaceuticals, coatings and paints.
At present, synthetic betaines are extensively used in diverse industries. However, natural betaine is gaining traction owing to the rising awareness about the harmful effects of synthetic betaines such as nausea, heartburn and stomach upset. Some of the important raw materials used for producing different grades of betaine are fatty acids, MCA and DMAPA.
Market Segmentation
Betaine is a chemical compound found in cereals, spinach, sugar beet, quinoa, shrimp, broccoli, beef, sweet potato and brown rice. Consuming foods containing betaine aid in improving physical performance, curing cardiovascular diseases, reducing fat and enhancing metabolism. As a result, the use of betaine in the food industry has increased in the past few years. It is now also being used in functional drinks to improve their nutritional value. Besides this, betaine is utilized for manufacturing various toiletries and cosmetics due to its high-water retention capability.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on application, the market can be divided into:
- Food and Beverages
- Home and Personal Care
- Animal feed
- Others
The regional markets in the Europe betaines market include Germany, the United Kingdom, and the Netherlands, among others.
Market Analysis
Betaine finds applications in the personal care industry due to its advantageous properties. It is extensively used for manufacturing cream, body wash, shampoo, cleansing lotions, baby products and hand soap. As it is used in the production of personal care products, it has been proactive in maintaining the market growth. Due to high per capita income in the United Kingdom, Germany, Italy and Spain, there is a perpetual demand for these products which has further spurred the growth of the industry. Further, the thriving food industry is also propelling the demand for betaines in the region.
In Europe, several food regulatory bodies have sanctioned the utilization of betaine in the food industry. For instance, EFSA panel on Dietetic Products, Nutrition and Allergies (NDA) approved that betaine can be consumed as a novel food (NF) at a maximum intake of 400 mg/day in the target population, that is, sports enthusiasts above 10 years of age. This regulation, coupled with the rising consumption of health supplements, is boosting the sales of betaines in the region.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Price Analysis
In 2016, a decrease in the rates of crude oil largely reduced the prices of fatty acid betaine by 12%. Nonetheless, prices increased by 8% owing to the prevailing conditions of El Nino in 2016 and was considered the highest increase in the past 5 years. Country-wise price trends and detailed market scenario of feedstocks such as MCA and DMAPA is offered in this report.
Competitive Landscape
The report gives a detailed analysis of the following key players in the Europe betaines market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Evonik Industries AG
- Clariant AG
- Solvay S.A.
- Croda International Plc
- BASF France SAS
- Kao Chemicals Europe, S.L.
- Enaspol Inc.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Betaines Market Overview
8.1 Key Industry Highlights
8.2 Global Betaines Historical Market (2018-2023)
8.3 Global Betaines Market Forecast (2024-2032)
8.4 Global Betaines Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Europe Betaines Market Analysis
9.1 Key Industry Highlights
9.2 Europe Betaines Historical Production (2018-2023)
9.3 Europe Betaines Production Forecast (2024-2032)
9.4 Europe Betaines Historical Consumption (2018-2023)
9.5 Europe Betaines Consumption Forecast (2024-2032)
9.6 Europe Betaines (as Surfactants) Historical Production (2018-2023)
9.7 Europe Betaines (as Surfactants) Production Forecast (2024-2032)
9.8 Europe Betaines (as Surfactants) Historical Consumption (2018-2023)
9.9 Europe Betaines (as Surfactants) Consumption Forecast (2024-2032)
9.10 Europe Betaines Market by Application
9.10.1 Food and Beverages
9.10.1.1 Historical Trend (2018-2023)
9.10.1.2 Forecast Trend (2024-2032)
9.10.2 Home and Personal Care
9.10.2.1 Historical Trend (2018-2023)
9.10.2.2 Forecast Trend (2024-2032)
9.10.3 Animal Feed
9.10.3.1 Historical Trend (2018-2023)
9.10.3.2 Forecast Trend (2024-2032)
9.10.4 Others
9.11 Europe Betaines Market by Country
9.11.1 Germany
9.11.2 United Kingdom
9.11.3 Netherlands
9.11.4 Others
10 Regional Analysis
10.1 Germany
10.1.1 Historical Production (2018-2023)
10.1.2 Production Forecast (2024-2032)
10.1.3 Historical Consumption (2018-2023)
10.1.4 Consumption Forecast (2024-2032)
10.2 United Kingdom
10.2.1 Historical Production (2018-2023)
10.2.2 Production Forecast (2024-2032)
10.2.3 Historical Consumption (2018-2023)
10.2.4 Consumption Forecast (2024-2032)
10.3 Netherlands
10.3.1 Historical Production (2018-2023)
10.3.2 Production Forecast (2024-2032)
10.3.3 Historical Consumption (2018-2023)
10.3.4 Consumption Forecast (2024-2032)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Trade Data Analysis (HS Code-340219)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Value Chain Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Evonik Industries AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Clariant AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Solvay S.A.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Croda International Plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 BASF France SAS
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Kao Chemicals Europe, S.L.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Enaspol Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
16 Consumer Analysis
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Betaines Market: Key Industry Highlights, 2018 and 2032
2. Europe Betaines Market: Key Industry Highlights, 2018 and 2032
3. Europe Betaines Historical Market: Breakup by Application (KMT), 2018-2023
4. Europe Betaines Market Forecast: Breakup by Application (KMT), 2024-2032
5. Europe Betaines Historical Market: Breakup by Country (KMT), 2018-2023
6. Europe Betaines Market Forecast: Breakup by Country (KMT), 2024-2032
7. Major Importing Countries by Volume
8. Major Exporting Countries by Volume
9. Major Importing Countries by Value
10. Major Exporting Countries by Value
11. Europe Betaines Market Structure
Key Questions Answered in the Report
The growth of the European market was driven by the global market, which grew at a CAGR of nearly 4.7% during the historical period of 2018-2023.
The Europe betaines market is likely to reach a value of more than 878.77 by 2032.
The major drivers of the market include rising disposable incomes, increasing population, growing demand for high nutrition food products, and increasing awareness regarding health.
Several regulations by food regulatory bodies have sanctioned the utilisation of betaine in the food industry, which is expected to be a key trend for the betaines market.
Germany, the United Kingdom, and the Netherlands, among others, are the leading regions in the market.
The major application sectors for the product include food and beverage, home and personal care, and animal feed, among others.
The leading players in the Europe betaines market are Evonik Industries AG, Solvay S.A., Croda International Plc, BASF France SAS, Kao Chemicals Europe, S.L., Enaspol Inc., and Clariant AG.
Analyst Review
The Europe betaines market driven by the global industry, which grew at a CAGR of nearly 4.7% during the historical period of 2018-2023. Aided by the rising food and personal care industries, the Europe betaines market is likely to reach a value of more than 878.77 by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. On the basis of application, the Europe betaines market can be divided into food and beverages, home and personal care, and animal feed, among others. The major regional markets for betaines are Germany, the United Kingdom, and the Netherlands, among others. The key players in the above industry include Evonik Industries AG, Solvay S.A., Croda International Plc, BASF France SAS, Kao Chemicals Europe, S.L., Enaspol Inc., and Clariant AG.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER