Market Size of United States Betaine Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 4.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Betaine Market Analysis
The United States betaine market is expected to witness a CAGR of about 4% during the forecast period. The major factors driving the growth of the market studied are its increased commercial usage as a surfactant and increasing demand from the personal care industry.
- On the flip side, synthetic cosmetics leading to skin and hair problems serves as one of the restraints for the studied market.
- The personal care segment dominated the market and is expected to grow during the forecast period, with increasing hygiene awareness and increasing demand for cosmetic products.