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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
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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.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 507.42 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

6.1%

Predicted 2028 Value:

USD 814.87 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

234

Chapters Covered:

Form, Grade, Purity, Application, Ingredient, and Region

Core Drivers and Opportunities:

  • Growing animal feed industry
  • Rising meat consumption
  • Developments in oil and gas industry

Restraining Factors & Market Threats:

  • Health concerns associated with choline chloride usage
  • Lack of consumer awareness


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

Key Questions Answered In The Report

The Global Choline Chloride Market is majorly driven by increasing meat consumption, growing animal feed industry, and developments in oil and gas industry.

The oil and gas segment is growing at a highest CAGR as choline chloride can be used as an environment friendly as a clay stabilizer in this industry.

Asia Pacific dominated with a significant market share due to the increasing demand from the egg, poultry, and meat industries of major economies like India, China, and Korea.

North America market is growing at a highest CAGR owing to the wide use of choline chloride for various applications.

Key players in 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.

1 Executive Summary   
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities  
 3.5 Threats   
 3.6 Application Analysis  
 3.7 Emerging Markets  
 3.8 Impact of Covid-19  
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes  
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Choline Chloride Market, By Form 
 5.1 Introduction  
 5.2 Powder   
 5.3 Liquid/Aqueous Solution 
     
6 Global Choline Chloride Market, By Grade 
 6.1 Introduction  
 6.2 Food Grade  
 6.3 Feed Grade  
 6.4 Pharmaceutical Grade 
 6.5 Technical Grade  
     
7 Global Choline Chloride Market, By Purity 

 7.1 Introduction  
 7.2 50% Purity  
 7.3 60% Purity  
 7.4 70% Purity  
 7.5 75% Purity  
 7.6 98% Purity  
     
8 Global Choline Chloride Market, By Application
 8.1 Introduction  
 8.2 Human Nutrition  
 8.3 Personal Care  
 8.4 Pharmaceutical (Fatty Liver Treatment)
 8.5 Fracturing Fluids  
 8.6 Animal Feed  
  8.6.1 Aquaculture/Fish Farming
  8.6.2 Horse Feed 
  8.6.3 Ruminant Feed/Cattle Feed
  8.6.4 Swine Feed 
  8.6.5 Pet Food  
  8.6.6 Poultry  
   8.6.6.1 Broilers 
   8.6.6.2 Layers 
 8.7 Plant Photosynthesis Promoter 
 8.8 Brain Supplements  
 8.9 Oil and Gas  
 8.10 Agriculture  
 8.11 Other Applications  
  8.11.1 Skin Care  
  8.11.2 Hair Care  
     
9 Global Choline Chloride Market, By Ingredient
 9.1 Introduction  
 9.2 Ethylene Oxide  
 9.3 Trimethylamine  
 9.4 Hydrochloric Acid  
     
10 Global Choline Chloride Market, By Geography

 10.1 Introduction  
 10.2 North America  
  10.2.1 US  
  10.2.2 Canada  
  10.2.3 Mexico  
 10.3 Europe   
  10.3.1 Germany  
  10.3.2 UK  
  10.3.3 Italy  
  10.3.4 France  
  10.3.5 Spain  
  10.3.6 Rest of Europe 
 10.4 Asia Pacific  
  10.4.1 Japan  
  10.4.2 China  
  10.4.3 India  
  10.4.4 Australia  
  10.4.5 New Zealand 
  10.4.6 South Korea 
  10.4.7 Rest of Asia Pacific 
 10.5 South America  
  10.5.1 Argentina  
  10.5.2 Brazil  
  10.5.3 Chile  
  10.5.4 Rest of South America
 10.6 Middle East & Africa  
  10.6.1 Saudi Arabia 
  10.6.2 UAE  
  10.6.3 Qatar  
  10.6.4 South Africa 
  10.6.5 Rest of Middle East & Africa
     
11 Key Developments   
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers 
 11.3 New Product Launch  
 11.4 Expansions  
 11.5 Other Key Strategies  
     
12 Company Profiling   
 12.1 BASF SE   
 12.2 Jubilant Life Sciences Ltd. 
 12.3 Havay Chemicals  
 12.4 Kemin Industries Inc  
 12.5 Eastman Chemical Company 
 12.6 Balaji Amines Ltd  
 12.7 Balchem Corporation 
 12.8 Be-Long Corporation  
 12.9 NB Group Co Ltd  
 12.10 GHW Eurochemicals S.R.O. 
 12.11 Algry Quimica Sl  
 12.12 Pestell Minerals & Ingredients Inc.
 12.13 A&C Co. Inc.  
 12.14 Taminco Corporation 


List of Tables    
1 Global Choline Chloride Market Outlook, By Region (2019-2028) ($MN)
2 Global Choline Chloride Market Outlook, By Form (2019-2028) ($MN)
3 Global Choline Chloride Market Outlook, By Powder (2019-2028) ($MN)
4 Global Choline Chloride Market Outlook, By Liquid/Aqueous Solution (2019-2028) ($MN)
5 Global Choline Chloride Market Outlook, By Grade (2019-2028) ($MN)
6 Global Choline Chloride Market Outlook, By Food Grade (2019-2028) ($MN)
7 Global Choline Chloride Market Outlook, By Feed Grade (2019-2028) ($MN)
8 Global Choline Chloride Market Outlook, By Pharmaceutical Grade (2019-2028) ($MN)
9 Global Choline Chloride Market Outlook, By Technical Grade (2019-2028) ($MN)
10 Global Choline Chloride Market Outlook, By Purity (2019-2028) ($MN)
11 Global Choline Chloride Market Outlook, By 50% Purity (2019-2028) ($MN)
12 Global Choline Chloride Market Outlook, By 60% Purity (2019-2028) ($MN)
13 Global Choline Chloride Market Outlook, By 70% Purity (2019-2028) ($MN)
14 Global Choline Chloride Market Outlook, By 75% Purity (2019-2028) ($MN)
15 Global Choline Chloride Market Outlook, By 98% Purity (2019-2028) ($MN)
16 Global Choline Chloride Market Outlook, By Application (2019-2028) ($MN)
17 Global Choline Chloride Market Outlook, By Human Nutrition (2019-2028) ($MN)
18 Global Choline Chloride Market Outlook, By Personal Care (2019-2028) ($MN)
19 Global Choline Chloride Market Outlook, By Pharmaceutical (Fatty Liver Treatment) (2019-2028) ($MN)
20 Global Choline Chloride Market Outlook, By Fracturing Fluids (2019-2028) ($MN)
21 Global Choline Chloride Market Outlook, By Animal Feed (2019-2028) ($MN)
22 Global Choline Chloride Market Outlook, By Aquaculture/Fish Farming (2019-2028) ($MN)
23 Global Choline Chloride Market Outlook, By Horse Feed (2019-2028) ($MN)
24 Global Choline Chloride Market Outlook, By Ruminant Feed/Cattle Feed (2019-2028) ($MN)
25 Global Choline Chloride Market Outlook, By Swine Feed (2019-2028) ($MN)
26 Global Choline Chloride Market Outlook, By Pet Food (2019-2028) ($MN)
27 Global Choline Chloride Market Outlook, By Poultry (2019-2028) ($MN)
28 Global Choline Chloride Market Outlook, By Plant Photosynthesis Promoter (2019-2028) ($MN)
29 Global Choline Chloride Market Outlook, By Brain Supplements (2019-2028) ($MN)
30 Global Choline Chloride Market Outlook, By Oil and Gas (2019-2028) ($MN)
31 Global Choline Chloride Market Outlook, By Agriculture (2019-2028) ($MN)
32 Global Choline Chloride Market Outlook, By Other Applications (2019-2028) ($MN)
33 Global Choline Chloride Market Outlook, By Skin Care (2019-2028) ($MN)
34 Global Choline Chloride Market Outlook, By Hair Care (2019-2028) ($MN)
35 Global Choline Chloride Market Outlook, By Ingredient (2019-2028) ($MN)
36 Global Choline Chloride Market Outlook, By Ethylene Oxide (2019-2028) ($MN)
37 Global Choline Chloride Market Outlook, By Trimethylamine (2019-2028) ($MN)
38 Global Choline Chloride Market Outlook, By Hydrochloric Acid (2019-2028) ($MN)
     
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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