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Choline Chloride Market

Choline Chloride Market Forecasts to 2028 – Global Analysis By Form (Powder, Liquid/Aqueous Solution), Grade (Food Grade, Feed Grade, Pharmaceutical Grade, Technical Grade) and By Geography

4.8 (64 reviews)
Published: August 2021 ID: SMRC20854
4.8 (64 reviews)
Published: August 2021 ID: SMRC20854

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Choline Chloride Market is accounted for $507.42 million in 2020 and is expected to reach $814.87 million by 2028 growing at a CAGR of 6.1% during the forecast period. Factors such as increasing meat consumption, growing animal feed industry, and developments in oil and gas industry are driving the growth of the market. However, health concerns associated with choline chloride usage is hampering the growth of the market.

Choline chloride is a quaternary ammonium salt which is white crystalline in solid form and colourless in its liquid form. It is also known as vitamin B4. It is used as a feed additive and acts as a methyl donor.

Based on the application, the animal feed segment is anticipated to expand at a rapid pace during the forecast period as choline chloride helps to accelerate the growth of different pets and animals. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the increasing demand from the egg, poultry, and meat industries of major economies like India, China, and Korea.

Some of the key players profiled in the Choline Chloride Market include BASF SE, Jubilant Life Sciences Ltd., Havay Chemicals, Kemin Industries Inc, Eastman Chemical Company, Balaji Amines Ltd, Balchem Corporation, Be-Long Corporation, NB Group Co Ltd, GHW Eurochemicals S.R.O., Algry Quimica Sl, Pestell Minerals & Ingredients Inc., A&C Co. Inc., and Taminco Corporation.

Forms Covered:
• Powder
• Liquid/Aqueous Solution

Grades Covered:
• Food Grade
• Feed Grade
• Pharmaceutical Grade
• Technical Grade   

Purities Covered:
• 50% Purity
• 60% Purity
• 70% Purity
• 75% Purity
• 98% Purity 

Applications Covered:
• Human Nutrition
• Personal Care
• Pharmaceutical (Fatty Liver Treatment)
• Fracturing Fluids
• Animal Feed
• Plant Photosynthesis Promoter
• Brain Supplements
• Oil and Gas
• Agriculture
• Other Applications

Ingredients Covered:
• Ethylene Oxide
• Trimethylamine
• Hydrochloric Acid

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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