Middle East And Africa Betaine Market Research Report – Segmented By Type (Synthetic Betaine And Natural Betaine), Form (Betaine Anhydrous, Cocamidopropyl Betaine, Betaine Monohydrate), Application (Food & Beverages, Animal Feed, Pharmaceuticals, Cosmetics, Detergents), And Country (KSA, UAE, Israel, Rest Of GCC Countries, South Africa, Ethiopia, Kenya, Egypt, Sudan And Rest Of MEA) – Analysis On Size, Share, Trends, Covid-19 Impact & Growth Forecast (2024 To 2029)

Updated On: June, 2024
ID: 2418
Pages: 133

Middle East and Africa Betaine Market Size (2024 To 2029)

The Betaine market size in the Middle East and Africa is estimated to be worth USD 0.24 billion by 2029 from USD 0.20 billion in 2024, growing at a CAGR of 4.32% from 2024 to 2029. The market is showing great potential in the mentioned forecasting period.

Betaine is an amino acid that has demonstrated several potential benefits for curing heart disease, improving body consumption and aids in promoting muscle gain and reduction in fat because of its abilities to promote protein synthesis in the body. Betaine also helps in improving physical performance including power, strength and muscle endurance.

Betaine is also used as an additive in animal feed, which helps in carrying nutritive value by supporting the functionality of nervous system and helps in brain development in animals. It is also acknowledged as an anti-stressing agent and is found to improve athletic performance. The health benefits of betaine are estimated to increase the number of applications of betaine in the Middle East & African market.

The market is driven by the rapid demand of the betaine and betaine related products in the Middle East & Africa region. In the recent times, South Africa, Israel and Egypt are observing high demand of betaine, majorly due to the growing uses of betaine in the animal feed industry and also in the sports drink as a beverage. Betaine is good for health if consumed under limits and is recommended in diet by many dieticians. The major factors restraining the growth of the betaine market is the health problems associated with the consumption of betaine and presence of substitutes in the market.

This research report on the Middle East and Africa Market betaine market has been segmented and sub-segmented based on the following categories.

Middle East and Africa Betaine Market By Type

  • Synthetic betaine
  • Natural betaine

Middle East and Africa Betaine Market By Form

  • Betaine Anhydrous
  • Cocamidopropyl Betaine
  • Betaine Monohydrate

Middle East and Africa Betaine Market By Application

  • Food & Beverages
  • Animal Feed
  • Pharmaceuticals
  • Cosmetics
  • Detergents

Pharmaceutical Betaine accounted for the highest revenue of the overall industry and Cosmetic betaine is projected to witness huge growth rate during the forecast period. Pharmaceutical use of betaine was followed by Animal Feed use of betaine in terms of market share.

Middle East and Africa Betaine Market By Region

  • KSA
  • UAE
  • Israel
  • Rest of GCC Countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • Rest Of MEA

KEY MARKET PLAYERS

Major Key Players in the MEA betaine market are Sunwin Chemicalsm, American Crystal Sugar Company, Amino GmbH, Associated British Food Plc, Solvay S.A, Kao Corporation, DuPont, Stepan Company, Nutreco N.V, and BASF SE

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