May 17, 2021   SOURCE: BusinessWire

Global Natural Betaine Market Report 2021-2027 - U.S. Market is Estimated at $405.8 Million, While China is Forecast to Grow at 8.5% CAGR - ResearchAndMarkets.com

The "Natural Betaine - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Natural Betaine Market to Reach $2.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Natural Betaine estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027.

Food & Beverage, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$855.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Animal Feed segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $405.8 Million, While China is Forecast to Grow at 8.5% CAGR

The Natural Betaine market in the U.S. is estimated at US$405.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$459.1 Million by the year 2027 trailing a CAGR of 8.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Cosmetics Segment to Record 4.2% CAGR

In the global Cosmetics segment, USA, Canada, Japan, China and Europe will drive the 3.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$222.5 Million in the year 2020 will reach a projected size of US$289.2 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$290.7 Million by the year 2027, while Latin America will expand at a 5.2% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 40 Featured):

  • American Crystal Sugar Company
  • Amino Gmbh
  • Associated British Foods PLC
  • BASF SE
  • E.I. Dupont De Nemours & Company
  • KAO Corporation
  • Nutreco N.V.
  • Solvay S.A.
  • Stepan Company
  • Sunwin Chemicals

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • World 15-Year Perspective for Natural Betaine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Animal Feed by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027
  • World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2020 & 2027

III. GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 40

For more information about this report visit https://www.researchandmarkets.com/r/mupr37