Covid Impact Choline Chloride Market is projected to reach a value of over USD 690 million by 2027 at a CAGR of around 5.2%.

Choline Chloride Market: Summary

The Global Choline Chloride Market is projected to reach a value of over USD 690 million by 2027 at a CAGR of around 5.2%.

Choline Chloride is a quaternary ammonium salt and an organic compound. It is also known as vitamin B4, is used in medications used preventing perosis by maturation and healing bone cartilages. It found naturally in fungi, hop, kingcups and internal parts of lecithin. Choline chloride is used as a nutritional component in animal feed which accelerate the growth of different pets & animal, such as chicken, rabbit, pig, horse, and many others. Choline chloride present in animal feed as free choline or its esterified forms such as phosphocholine, glycerophosphocholine, and phosphatidylcholine. Moreover, it is an essential nutrient and also used in humans as a supplement.

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Choline Chloride Market: Drivers & Challenges

Market Driver:

  • High Demand from Poultry Feed Industry

Choline chloride is widely consumed by the animal feed end-use industry. It is used as a feed additive for growing poultry animals. The demand for choline chloride is increasing from poultry feed due to increasing demand for eggs, and high yield meat. It is used as an essential feed additive amongst animal species, particularly chickens. It is also known as vitamin B4 and is an organic compound. Choline chloride helps to build and maintaining the cell structure due to it is related to metabolism and act as a methyl donor. Choline chloride offers benefits to animals including prevention of perosis, a condition in animals like fatty liver syndrome.

Source: Organisation for Economic Co-operation and Development

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Market Restraint:

  • Potential for Adverse Health Impacts

Despite benefits of choline chloride to human health, it has some hazardous effects to human health such as vomiting, diarrhea, gastrointestinal distress and inhalation problems etc. during its preparation, the use of Choline Chloride has been regulated and restrained by health and safety management authorities for end-use applications. Moreover, high doses of choline by mouth is possibly unsafe for humans. Doses over the Daily Upper Intake Levels are more likely to cause side effects such as sweating, a fishy body odor, gastrointestinal distress, diarrhea, and vomiting. There is some concern that increasing dietary choline intake might increase the risk of cancer of the colon and rectum. Which is likely to hamper the growth of the choline chloride market up to a certain extent.

Choline Chloride Market: Key Segments

  • Segmentation based on the form: Powder, and Liquid
  • Segmentation based on end-use industry: Animal Feed, Human Nutrition, Oil & Gas, Personal Care, and Pharmaceuticals
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

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Key Companies Covered

  • ALGRY Química, S.L. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Kemin Industries, Inc.
  • Balchem Corporation
  • NB Group Co., Ltd.
  • Eastman Chemical Company
  • Jubilant Life Sciences Limited
  • A & C
  • BALAJI AMINES
  • BASF SE
  • Pestell Minerals & Ingredients
  • Other Key Companies

Choline Chloride Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Choline Chloride Market, by Form

  • Powder
  • Liquid

Choline Chloride Market, by End-Use Industry

  • Animal Feed
    • Poultry
    • Swine
    • Cattle
    • Pet Food
    • Aquaculture
  • Human Nutrition
  • Oil & Gas
  • Personal Care
  • Pharmaceuticals

Choline Chloride Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

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Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. High Demand from Poultry Feed Industry
      2. Rise in Dietary Supplements Demand
    3. Restraint
      1. Potential for Adverse Health Impacts
    4. Opportunities
      1. Emerging Applications in Oil & Gas Industry as A Clay Stabilizer
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  2. GLOBAL CHOLINE CHLORIDE MARKET BY FORM, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Powder
    3. Liquid
  3. GLOBAL CHOLINE CHLORIDE MARKET BY END-USER INDUSTRY, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Animal Feed
      1. Poultry
      2. Swine
      3. Cattle
      4. Pet Food
      5. Aquaculture
    3. Human Nutrition
    4. Oil & Gas
    5. Personal Care
    6. Pharmaceuticals
  4. GLOBAL CHOLINE CHLORIDE MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  5. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  6. COMPANY PROFILES
    1. ALGRY Química, S.L.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Kemin Industries, Inc.
    3. Balchem Corporation
    4. NB Group Co., Ltd.
    5. Eastman Chemical Company
    6. Jubilant Life Sciences Limited
    7. A & C
    8. BALAJI AMINES
    9. BASF SE
    10. Pestell Minerals & Ingredients
    11. Other Key Companies
  7. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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