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Global Feed Betaine Market

  • Published Date: 08 Apr 2018
  • Number of Pages: 216
  • Category: Agriculture
  • Country: Global
The Global Feed Betaine market has been accounted for US$XX Million and is expected to grow to US$XX Million by 2022, at a CAGR of XX% during the forecast period. Betaine is a chemical compound found abundantly in many vegetables, which is found to be useful in improving metabolism, circulation and the hormonal levels of various animals. It is a significant part of the feed additives industry and is expected to continue growing, in terms of market share in the coming years. The compound is also widely used in the pharmaceutical industry - to cure heart and liver ailments and advancements in research have made it a popular ingredient in the animal nutraceuticals industry.

Market Dynamics:

Increasing number of the meat-consuming population, growing industrialization in the meat business and changing food habits of customers, creating demand for meat with specific texture and flavor has indirectly increased the sales of all the feed additives. Increased popularity of organic meat has also contributed to the growth of the feed Betaine market. Growing awareness against the excessive use of chemicals has caused governments to have stringent regulations, especially for imported foodstuff. Most of the regulatory organisations identify Betaine as a safer additive to feed in comparison to other chemical additives. The recent ban on many feed additives and GMOs in the European Union created an enormous opportunity for the expansion of Betaine market in Europe. However, consistent research is still required in the field, due to constant changes in regulatory standards and discovery of various side effects of the chemicals already in used in the feed additive. Subsidies on meat exports given by countries like India have helped the meat business to grow, thus, indirectly fuelling the growth of animal feed and feed additives, like Betaine.

Market Segmentation:

On the basis of the method of preparation, the market is divided into naturally synthesized and synthetically synthesized Betaine. The rising demand for organic feed justifies the largely expected growth rate of the naturally-synthesized segment. The market is further divided on the basis of animal type into Poultry, Cattle feed and Swine. Poultry continues to hold the largest market share, followed by Cattle feed and Swine feed segments.

Geographical Analysis:

Although North America leads in the overall production of Betaine, the Asia-Pacific region leads in the production of Feed Betaine and the market is expected to show tremendous growth in coming years. North America and Europe hold the second and third largest share, respectively. Rapid industrialization in the meat business of emerging economies like Vietnam and Malaysia is the key reason, apart from India and China, which, due to a huge population of meat consumers lead globally in the feed additives industry.

Key Players

Some of the key players in the industry include BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Associated British Food Plc (U.K.), Solvay S.A. (Belgium), Nutreco N.V. (Netherlands), American Crystal Sugar Company (U.S.), Kao Corporation (Japan), Amino GmbH (Germany), Sunwin Chemicals (China) and Stepan Company (U.S.).

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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