Reports
Sale
North America 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; Competitive Landscape; Industry Events and Developments; 2024-2032
North America Betaines Market Outlook
Due to its biodegradable nature and great foaming abilities, there is a high demand for betaines in the HPC industry which is providing impetus to its production in North America, especially in the United States. As a result, North America betaines market is expected to reach a value of around USD 629.20 million by 2032 and the market is projected to expand at a CAGR of about 1.4% during 2024-2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Although synthetic betaine holds the largest market share in the global market, natural betaine is anticipated to experience rapid growth on account of increasing awareness about the adverse effects of synthetic betaine. Depending on the specific grade required, MCA, DMAPA and fatty acids are the key raw materials employed in the production of betaine.
Properties and Applications
Betaine is naturally present in quinoa, beef, cereals, shrimp, sugar beet, broccoli, spinach, brown rice and sweet potato. The consumption of these products helps in reducing fat, enhancing muscle strength, improving metabolism and curing various heart diseases. Owing to these health benefits, betaine is used in the food industry to manufacture a variety of food products. Apart from this, it is also utilized as an additive in animal feed due to its high nutrition content. Moreover, it has high water retention capability due to which it is utilized in the production of cosmetics and toiletries.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The product finds wide applications in the following industries:
- Animal Feed
- Food and Beverage
- Home and Personal Care
- Others
The regional markets in the North America betaines market can be divided into the United States of America and Canada.
Market Analysis
Multifarious applications of betaine in different industries have led to its increased demand in the United States and Canada. Rising intake of nutritive food products, dietary supplements and sports drinks among health enthusiasts across the region are expected to drive the market growth. Further, the rising demand for organic and premium cosmetic products at a range of price points in the United States are also contributing to the sales of betaines in the region.
Personal care represents the leading end-use segment and is anticipated to maintain its position in the coming years. Betaine is widely used in the production of cleansing lotions, creams, body washes, hand soaps, shampoos, and baby products.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Price Analysis
A decline in crude oil rates has led to a fall in the prices of raw materials owing to which the prices of betaines decreased by about 5% in 2016. Nonetheless, changing demand scenario is expected to increase the prices of betaine by 2-3% in the forecasted period. Detailed market analysis including the regional price trends and market scenario of feedstocks such as MCA and DMAPA is offered in this report.
Competitive Landscape
Several companies are investing in R&D to improve their product portfolio and introducing bio-based home and personal care products. For instance, BASF collaborated with Solazyme and launched algae-based betaine for foam-based products like liquid soaps and shampoos.
The report gives a detailed analysis of the following key players in the North America betaines market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- E.I. Dupont De Nemours & Company
- Solvay North America, LLC
- Stepan Company
- Colonial Chemical, Inc.
- Lubrizol Advanced Materials, Inc.
- BASF Corporation
- American Crystal Sugar Company
- Inolex Chemical Company
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- Application, Country |
| Breakup by Application | Food and Beverages, Home and Personal Care, Animal Feed, Others |
| Breakup by Country | United States of America, Canada |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | E.I. Dupont De Nemours & Company, Solvay North America, LLC, Stepan Company, Colonial Chemical, Inc, Lubrizol Advanced Materials, Inc, BASF Corporation, American Crystal Sugar Company, Inolex Chemical Company |
| 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 Opportunities and Challenges in the Market
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 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 North America Betaines Market Analysis
9.1 Key Industry Highlights
9.2 North America Betaines Historical Production (2018-2023)
9.3 North America Betaines Production Forecast (2024-2032)
9.4 North America Betaines Historical Consumption (2018-2023)
9.5 North America Betaines Consumption Forecast (2024-2032)
9.6 North America Betaines (as Surfactants) Historical Production (2018-2023)
9.7 North America Betaines (as Surfactants) Production Forecast (2024-2032)
9.8 North America Betaines (as Surfactants) Historical Consumption (2018-2023)
9.9 North America Betaines (as Surfactants) Consumption Forecast (2024-2032)
9.10 North America 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 North America Betaines Market by Country
9.11.1 United States of America
9.11.2 Canada
10 Regional Analysis
10.1 United States of America
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 Canada
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)
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 E.I. Dupont De Nemours & Company
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 Solvay North America, LLC
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 Stepan Company
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 Colonial Chemical, Inc
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 Lubrizol Advanced Materials, Inc
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 BASF Corporation
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 American Crystal Sugar Company
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
15.2.8 Inolex Chemical Company
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
16 Consumer Analysis
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Betaines Market: Key Industry Highlights, 2018 and 2032
2. Global Betaines Historical Market: Breakup by Region (KMT), 2018-2023
3. Global Betaines Market Forecast: Breakup by Region (KMT), 2024-2032
4. North America Betaines Market: Key Industry Highlights, 2018 and 2032
5. North America Betaines Historical Market: Breakup by Application (KMT), 2018-2023
6. North America Betaines Market Forecast: Breakup by Application (KMT), 2024-2032
7. North America Betaines Historical Market: Breakup by Country (KMT), 2018-2023
8. North America Betaines Market Forecast: Breakup by Country (KMT), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. North America Betaines Market Structure
Key Questions Answered in the Report
The market growth is likely to grow at a CAGR of 1.4% during the forecast period of 2024-2032.
The market is estimated to reach a value of around USD 629.20 million by 2032.
The major drivers of the market include rising disposable incomes, increasing population, and the rising intake of nutritive food products, dietary supplements, and sports drinks.
The rising demand for organic and premium cosmetic products is expected to be a key trend guiding the growth of the market.
The United States of America and Canada are the leading regions in the market, with the United States accounting for the largest market share.
The major application sectors in the market include animal feed, food and beverage, pharmaceuticals, and personal care products.
The leading players in the market are E.I. Dupont De Nemours & Company, Solvay North America, LLC, Stepan Company, Colonial Chemical, Inc., Lubrizol Advanced Materials, Inc., BASF Corporation, American Crystal Sugar Company, and Inolex Chemical Company.
Analyst Review
The North America betaines market is expected to grow at a CAGR of nearly 1.4% in the forecast period of 2024-2032. Aided by the growing consumption of nutritive food products, dietary supplements, and sports drinks, the industry is estimated to reach a value of USD 629.20 million 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 North America betaines market can be segmented into animal feed, food and beverage, pharmaceuticals, and personal care products. The major regional markets for betaines are the United States of America and Canada, with the United States of America accounting for the largest share of the market. The key players in the above industry include E.I. Dupont De Nemours & Company, Solvay North America, LLC, Stepan Company, Colonial Chemical, Inc., Lubrizol Advanced Materials, Inc., BASF Corporation, American Crystal Sugar Company, and Inolex Chemical Company.
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
Call us on
Purchase Full Report
Mini Report
$ 2199
$1799
-
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
$ 3199
$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
$ 4199
$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
$ 5199
$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