
Asia Pacific Betaines Market Report and Forecast 2025-2034
Description
The Asia Pacific betaines market was valued at USD 1.40 Billion in 2024. The industry is expected to grow at a CAGR of 6.50% during the forecast period of 2025-2034 to attain a valuation of USD 2.63 Billion by 2034.
Increasing usage of betaines as surfactants is one of the major reasons for its rising production in the Asia Pacific region. Moreover, the easy availability of raw materials in the region provides growth opportunities for the manufacturers.
Market Segmentation
Betaine is found in sugar beet, quinoa, shrimp, broccoli, beef, spinach, brown rice, sweet potato and cereals. The consumption of these foods assists in curing cardiovascular disease, enhancing muscle strength, improving metabolism and reducing fat. Due to this, it is used in the food industry and in the production of functional drinks to increase their nutritional value.
Applications of betaine include:
At present, synthetic betaines are extensively used in diverse sectors. However, natural betaine is gaining momentum due to the rising awareness about the harmful effects of synthetic betaines such as nausea, heartburn and stomach upset. The major raw materials used for manufacturing different grades of betaine include fatty acids, MCA and DMAPA.
The regional markets included in the Asia Pacific market are:
Rapid urbanization and escalating population rates in Asia Pacific are bolstering the growth of the market. Apart from this, due to the high nutrition content of betaine, it is used as an additive in animal feed across various countries in the region. The demand for animal feed is expected to rise in the coming years due to various initiatives by the Indian government to increase awareness regarding animal health and better feed practices among farmers.
Increased demand for dietary supplements and healthy drinks amongst health enthusiasts has fueled the growth of betaine market in Asia Pacific. Furthermore, several brands are introducing new personal care products which incorporate natural and biodegradable ingredients. As the demand for these products is rising due to the growing consciousness of consumers, the sale of betaines is gradually increasing in this domain.
Price Analysis
On account of deteriorating environmental conditions, the Government of China implemented stringent policies which decreased the supply of raw materials (MCA and DMAPA) in the first half of 2017. As a result, the prices of betaine increased by 20% during 2016-2017. The report includes regional market scenario of feedstocks (DMAPA and MCA) along with country-wise price trends.
Competitive Landscape
The report gives a detailed analysis of the following key players in the Asia Pacific betaines market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
Increasing usage of betaines as surfactants is one of the major reasons for its rising production in the Asia Pacific region. Moreover, the easy availability of raw materials in the region provides growth opportunities for the manufacturers.
Market Segmentation
Betaine is found in sugar beet, quinoa, shrimp, broccoli, beef, spinach, brown rice, sweet potato and cereals. The consumption of these foods assists in curing cardiovascular disease, enhancing muscle strength, improving metabolism and reducing fat. Due to this, it is used in the food industry and in the production of functional drinks to increase their nutritional value.
Applications of betaine include:
- Food and Beverages
- Home and Personal Care
- Animal Feed
- Others
At present, synthetic betaines are extensively used in diverse sectors. However, natural betaine is gaining momentum due to the rising awareness about the harmful effects of synthetic betaines such as nausea, heartburn and stomach upset. The major raw materials used for manufacturing different grades of betaine include fatty acids, MCA and DMAPA.
The regional markets included in the Asia Pacific market are:
- China
- India
- South East Asia
Rapid urbanization and escalating population rates in Asia Pacific are bolstering the growth of the market. Apart from this, due to the high nutrition content of betaine, it is used as an additive in animal feed across various countries in the region. The demand for animal feed is expected to rise in the coming years due to various initiatives by the Indian government to increase awareness regarding animal health and better feed practices among farmers.
Increased demand for dietary supplements and healthy drinks amongst health enthusiasts has fueled the growth of betaine market in Asia Pacific. Furthermore, several brands are introducing new personal care products which incorporate natural and biodegradable ingredients. As the demand for these products is rising due to the growing consciousness of consumers, the sale of betaines is gradually increasing in this domain.
Price Analysis
On account of deteriorating environmental conditions, the Government of China implemented stringent policies which decreased the supply of raw materials (MCA and DMAPA) in the first half of 2017. As a result, the prices of betaine increased by 20% during 2016-2017. The report includes regional market scenario of feedstocks (DMAPA and MCA) along with country-wise price trends.
Competitive Landscape
The report gives a detailed analysis of the following key players in the Asia Pacific betaines market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- Kao Corporation
- Evonik Industries AG
- Shanghai Kang Xin Chemical Co., Ltd.
- Miwon EOD Co., Ltd.
- Chemrez Technologies, Inc.
- Galaxy Surfactants Limited
Table of Contents
123 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Betaines Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Betaines Historical Market (2018-2024)
- 5.3 Global Betaines Market Forecast (2025-2034)
- 5.4 Global Betaines Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Asia Pacific Betaines Market Analysis
- 6.1 Key Industry Highlights
- 6.2 Asia Pacific Betaines Historical Production (2018-2024)
- 6.3 Asia Pacific Betaines Production Forecast (2025-2034)
- 6.4 Asia Pacific Betaines Historical Consumption (2018-2024)
- 6.5 Asia Pacific Betaines Consumption Forecast (2025-2034)
- 6.6 Asia Pacific Betaines (as Surfactants) Historical Production (2018-2024)
- 6.7 Asia Pacific Betaines (as Surfactants) Production Forecast (2025-2034)
- 6.8 Asia Pacific Betaines (as Surfactants) Historical Consumption (2018-2024)
- 6.9 Asia Pacific Betaines (as Surfactants) Consumption Forecast (2025-2034)
- 6.10 Asia Pacific Betaines Market by Application
- 6.10.1 Food and Beverages
- 6.10.1.1 Historical Trend (2018-2024)
- 6.10.1.2 Forecast Trend (2025-2034)
- 6.10.2 Home and Personal Care
- 6.10.2.1 Historical Trend (2018-2024)
- 6.10.2.2 Forecast Trend (2025-2034)
- 6.10.3 Animal Feed
- 6.10.3.1 Historical Trend (2018-2024)
- 6.10.3.2 Forecast Trend (2025-2034)
- 6.10.4 Others
- 6.11 Asia Pacific Betaines Market by Country
- 6.11.1 China
- 6.11.2 India
- 6.11.3 South East Asia
- 7 Regional Analysis
- 7.1 China
- 7.1.1 Historical Production (2018-2024)
- 7.1.2 Production Forecast (2025-2034)
- 7.1.3 Historical Consumption (2018-2024)
- 7.1.4 Consumption Forecast (2025-2034)
- 7.2 India
- 7.2.1 Historical Production (2018-2024)
- 7.2.2 Production Forecast (2025-2034)
- 7.2.3 Historical Consumption (2018-2024)
- 7.2.4 Consumption Forecast (2025-2034)
- 7.3 South East Asia
- 7.3.1 Historical Production (2018-2024)
- 7.3.2 Production Forecast (2025-2034)
- 7.3.3 Historical Consumption (2018-2024)
- 7.3.4 Consumption Forecast (2025-2034)
- 8 Market Dynamics
- 8.1 SWOT Analysis
- 8.1.1 Strengths
- 8.1.2 Weaknesses
- 8.1.3 Opportunities
- 8.1.4 Threats
- 8.2 Porter’s Five Forces Analysis
- 8.2.1 Supplier’s Power
- 8.2.2 Buyer’s Power
- 8.2.3 Threat of New Entrants
- 8.2.4 Degree of Rivalry
- 8.2.5 Threat of Substitutes
- 8.3 Key Indicators for Demand
- 8.4 Key Indicators for Price
- 9 Trade Data Analysis (HS Code-34219)
- 9.1 Major Importing Countries
- 9.1.1 By Volume
- 9.1.2 By Value
- 9.2 Major Exporting Countries
- 9.2.1 By Volume
- 9.2.2 By Value
- 10 Value Chain Analysis
- 11 Price Analysis
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 BASF SE
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Kao Corporation
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Evonik Industries AG
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Shanghai Kang Xin Chemical Co., Ltd.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Miwon EOD Co., Ltd.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Chemrez Technologies, Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Galaxy Surfactants Limited
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 13 Consumer Analysis
Pricing
Currency Rates
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