#Choline Chloride Market Size
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Choline Chloride Market - Forecast(2024 - 2030)
Choline Chloride Market Overview
Choline Chloride Market size is forecast to reach $1.1 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, Choline Chloride Market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. One of the major factors driving growth in the Choline Chloride Market is increasing consumption of poultry meat and egg.
Report Coverage
The report: “Choline Chloride Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Choline Chloride Market Industry.
By Grade: 50%, 75%, 70%, 60%, and 98%.
By Form: Powder and Liquid.
By End-User Industry: Animal Feed, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals and Others.
By Geography: North America, South America, Europe, APAC, and RoW
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Key Takeaways
New product developments and increasing investments in research and development of choline chloride are expected to drive the growth of this market.
Among end users, oil & gas segment is projected to lead the Choline Chloride Market during the forecast period.
Asia Pacific dominated the Choline Chloride Market.
By Grade - Segment Analysis
70% segment held a significant share in Choline Chloride Market in 2019. Choline chloride 70% is primarily available in the form of a colorless to amber colored viscous liquid or a tan colored powder with a characteristic odor containing 70% choline chloride active substance by weight. Choline chloride 70% finds widespread adoption in the oil & gas sector as an ideal substitute for potassium chloride owing to its greater performance in clay stabilization, compatibility with drilling muds and safe environmental profile. The product is also widely used as a feed additive for calves, crustaceans, fish, poultry, pigs and pet food pertaining to its ability to prevent fatty liver, improved muscle control and growth performance.
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By Form - Segment Analysis
Liquid segment held a significant share in Choline Chloride Market in 2019. Liquid choline chloride is a colorless, odorless, clear substance which is soluble in water, non-corrosive and non-toxic in nature. The product is extensive adopted in the poultry feed industry on account of its ability to enhance growth & performance, nutrient utilization, fat metabolism and improves reproductive ability in animals. The product helps prevent health disorders such as liver enlargement and leg deformity, also called perosis in chicks. Choline supplementation helps enhance weight gain in broilers and plays an essential role in the formation of egg yolk in layer chickens.
By End-User Industry - Segment Analysis
Oil & Gas segment held a significant share in Choline Chloride Market in 2019 growing at a CAGR of XX% during the forecast period. Choline chloride serves as an excellent clay stabilizer which ensures cost effectiveness and enhances production rates in the oil & gas sector. Choline chloride helps tackle various challenges which arise during oil drilling operations such as permeability reduction, fines migration and wellbore instability. The product’s biodegradable nature makes it an environment-friendly substitute for conventional clay stabilizers. Choline chloride is ideal for mixed layer, illite and smectite clay minerals & is highly compatible with conventional fracturing fluids and cross-linkers. Growing energy demand from the domestic & industrial sectors, rising exploration of natural gas resources and technological advancement should drive the oil & gas industry and stimulate the Choline Chloride Market.
Geography- Segment Analysis
Asia Pacific dominated the Choline Chloride Market with a share of more than XX%, followed by North America and Europe. This region has the largest consumer base for choline chloride, specifically China, due to the increased demand for poultry meat. Choline chloride improves the feed conversion rate and enhances weight gain in pigs. Moreover, consumers in the U.S. & Canada increasingly prefer bacon-based breakfast options over pancakes on account of rising trend to experience new products and changing palates. Rising consumer preference for Vietnamese & Korean cuisines and increasing trend of dining at fast-food restaurants is expected to drive bacon consumption and accelerate the Choline Chloride Market sales.
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Drivers – Choline Chloride Market
High Demand from Animal Feed Industry
Choline chloride is extensively consumed in the end-user segment like animal feed because of the growing demand for egg, high yield meat, etc. 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 is related to metabolism and it acts as a methyl donor. It helps in building and maintaining cell structure and functioning. It is used as a feed additive for growing poultry animals. Its benefits include prevention of perosis, a condition in animals like fatty liver syndrome, etc. In 2019, poultry meat consumption across the globe was about 128 million tons and is forecasted to reach about 135 million tons by 2025. All the aforementioned factors are expected to drive the Choline Chloride Market from the animal feed industry during the forecast period.
Challenges – Choline Chloride Market
Health Effects
Owing to hazardous effects related to human health such as vomiting, diarrhea, gastro intestinal 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 user applications. Furthermore, fluctuation in raw material costs is another key factor which is expected to act as an impediment for the growth of Choline Chloride Market over the forecast period. Moreover, lack of consumer awareness about the nutritional value of choline is expected to slow down the growth of choline chloride.
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Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Choline Chloride Market. In 2019, the market of choline chloride has been consolidated by the top five players accounting for xx% of the share. Major players in the Choline Chloride Market are Balchem Corporation, Taminco, BASF SE, Algry Química, Havay Chemical Company, NB Group Co., Ltd, and Jubilant Life Science among others.
Product Launch/ Partnership
In October 2019, global food & feed ingredient manufacturer Kemin Industries launched a new product range CholiGEM which caters to the health & nutrition requirements of ruminants. This is an innovative feed ingredient which offers a greater concentration of choline chloride as compared to conventional animal feed products. This product launch provides a competitive advantage to Kemin Industries and allows it to meet growing demand for animal feed additives for improved liver function.
In November 2017, global chemicals manufacturer BASF entered into a strategic partnership with Indian pharmaceuticals company Vital Therapeutics. This partnership entails the launch of a new choline chloride product Vitachol which caters to poultry feed manufacturers in India and South Asia.
#Choline Chloride Market#Choline Chloride Market Share#Choline Chloride Market Size#Choline Chloride Market Forecast#Choline Chloride Market Report#Choline Chloride Market Growth
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Choline Chloride
The global Choline Chloride market is estimated to exceed USD 1,025 million in 2019, showcasing a substantial CAGR of 6.9% that promises lucrative opportunities for industry players during the forecast period.
To read more about the topic please visit site: https://bekryl.com/industry-trends/choline-chloride-market-share-analysis
Choline Chloride, a quaternary ammonium salt with choline cation and chloride anion, plays a vital role in metabolic reactions and is crucial for the creation of creatine and adrenaline. It is a dietary component found in foods in free choline and esterified forms, contributing to cell membrane health. Due to its significance, the demand for Choline Chloride has surged, particularly as a feed additive in the food and agriculture industry. The conventional production method involves a reaction between methanol, ethylene oxide, ammonia, and hydrochloric acid, with companies emphasizing higher efficiency to ensure a substantial return on investment.
Global Choline Chloride Market Size and Forecast: By End-use
The market revenue for Choline Chloride is segmented based on end-use, encompassing human nutrition, personal care products, agriculture, animal and poultry, and pharmaceutical industries. Animal and poultry feed holds a significant share, accounting for 38% globally. Choline Chloride acts as a building block of acetylcholine and lecithin, making it a valuable feed additive for animals. It also finds application in human nutrition, offering numerous benefits such as facilitating nervous system function, controlling fat deposition, and maintaining metabolic balance on a cellular level. Deficiency of Choline Chloride can impact overall health, leading to fatty liver disease and muscle cell damage. There is a substantial market opportunity in this segment, especially with promotional and educational campaigns, and Choline can be fortified in food and beverage supplements.
Global Choline Chloride Market Size and Forecast: By Feed Grade
The market size for Choline Chloride is segmented by feed grade, including >90%, 75% Choline Chloride, 70% Choline Chloride, and less than 70% Choline Chloride content. The 75% Choline Chloride segment is highly prominent, driven by the significant demand from the animal nutrition sector.
Global Choline Chloride Market Size and Forecast: Regional Analysis
In 2018, Asia Pacific dominated the market with a 41% share, and it is expected to maintain this dominance throughout the forecast period. The majority of revenue in the region comes from China and India, contributing over half of the regional revenue in 2018. The flourishing poultry sector in China has created a favorable ecosystem, where poultry production has increased its share in the country's total livestock production. As China's chicken meat production is expected to reach 12 million metric tons by the end of 2019, the allied industry, including Choline Chloride, is poised to thrive.
Following Asia Pacific, Western Europe, with France expected to dominate the market with a 25.1% regional market share in 2018, stands out. The region has a robust supply chain and a large number of Choline Chloride manufacturers, contributing to its stability compared to the volatile Asia Pacific region.
Global Choline Chloride Market Size and Forecast: Competition Landscape
Key Choline Chloride Players:
BASF SE
Balaji Amines Ltd.
Havay Chemicals
Jubilant Life Sciences Ltd.
A & C Co. Inc
Kemin Industries Inc.
Algry Quimica SI
NB Group Co. Ltd.
Balchem Corporation
Be-Long Corporation
Taminco Corporation
Pestell Minerals & Ingredients
Industry Segmentation
By Grade Type:
90%
75%
70%
<70%
By End-use:
Human Nutrition
Animal Feed
Personal Care Products
Pharmaceuticals
Others
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The latest report on the Worldwide Choline Chloride Market Report is the more professional in-depth of this Industry is providers the status and forecast, categorizes, market size (value & volume) by type, application, region and Forecast 2023 - 2030.
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Considering such a scenario, Global Market Insights estimates that the market size of Choline Chloride will exceed US$725 million by 2027.
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Global Choline Chloride Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2026
Data Bridge Market Research has recently added a concise research on Global Choline Chloride Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are Pestell Minerals & Ingredients Inc, A&C Co. Inc., Be-Long Corporation, Nb Group Co. Ltd., Cangzhou Xindewei Animal Drug Co., Ltd, Fano Group Limited, Part Pishsaz Pooya, Shaanxi Xingwang Group, Chinook Global Limited, LIAONING BIOCHEM CO., LTD
Definition:
Choline chloride is an organic compound that belongs to the fourth order ammonium salt. It is crystalline solid and colorless in its liquid form. Choline Chloride is naturally found in fungi, hop, kingcups and internal part of lecithin. Choline chloride is mainly used as a nutritional component in animal feed which helps in the growth of animals, such as pig, rabbit, horse, and chicken. In animal feed, it is generally present as free choline or sometimes as its esterified forms such as glycerophosphocholine, phosphocholine, and phosphatidylcholine. Choline chloride is widely used by animal feed and poultry industry, pharmaceuticals, health & personal care products, agriculture, food & beverage, and many more. According to the United States Department of Agriculture, in January 2018, the annual report on cattle and calves was estimated as 94.4 million per head, showing an increase by 0.7% from 2017. As per ICRA, in India the per capita meat consumption is around 3.6 kg per annum; this lays broiler meat market size at INR 730 billion in terms of selling price. The egg production for the year 2017 was estimated as 84 billion eggs and market size of INR 420 billion. This above factor proves that the poultry industry around the globe is growing and will drive the demand for choline chloride.
Analysis of Global Choline Chloride Market report:
Global Choline Chloride Market is expected to reach 827.49 kilo tons by 2025, from 535.07 kilo tons in 2017 growing at a CAGR of 5.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Drivers:
· Raising awareness for the feed supplements among the various end users
· Growing demand for the consumption of poultry egg and meat
· Demand for luxury food is growing
Market Restraint:
· Increasing dietary choline intake might increase the risk of cancer
· Harmful effect of over usage choline chloride
Leading Key players profiled in this report are:
The key players operating in the global Choline Chloride market are –
· Eastman Chemical Company
· Kemin Industries, Inc.
· Balchem Inc.
· BASF SE
The other players in the market are Algry Química, Jubilant Life Sciences Ltd., BALAJI AMINES, EC21 Inc, Pestell Minerals & Ingredients Inc, A&C Co. Inc., Be-Long Corporation, Nb Group Co. Ltd., Cangzhou Xindewei Animal Drug Co., Ltd, Fano Group Limited, Part Pishsaz Pooya, Shaanxi Xingwang Group, Chinook Global Limited, LIAONING BIOCHEM CO., LTD and many more.
Global Choline Chloride Market Segmentation:
By Grade Type
· Food Grade
· Chemical Grade
By Ingredients
· Hydrochloric acid
· Ethylene Oxide
· Trimethylamine
By Application
· Chemicals
· Poultry feed
· Swine feed
· Ruminant feed
· Aqua feed & others
· Human nutrition and Oil & Gas
· Others
By Geography
· North America
· South America
· Europe
· Asia-Pacific
Competitive Landscape:
The global choline chloride market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of choline chloride market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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The Global Choline Chloride Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Choline Chloride Market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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#Global Choline Chloride Market#Global Choline Chloride Market trends#Global Choline Chloride Market applications#Global Choline Chloride Market overview#Global Choline Chloride Market size#Global Choline Chloride Market share
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Choline Chloride market size to maintain the average annual growth rate of 5.62% from 908 million $ in 2014 to 1070 million $ in 2019, Market analysts believe that market size of the Choline Chloride will reach 1410 million $ by 2024.
#Choline Chloride#Choline Chloride Market#Choline Chloride Industry Analysis#Choline Chloride Market Size#Choline Chloride Market Share#Choline Chloride Market Trends#Choline Chloride Forecast#Choline Chloride Previous Data#Choline Chloride Vendors
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Choline Chloride Market Revenue, Price and Growth Analysis Report 2022
Global Choline Chloride Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Choline chloride is an important feed additive in animal species, particularly chicken. Substantial volumes of this composite are used in feed for pet, poultry, ruminant, swine, aqua, and horse.
It is also termed as vitamin B4 though it is present in a much-advanced level than vitamins. To maintain the integrity of cell membrane and maturity of bone cartilages, choline chloride is used. It thus prevents perosis. Furthermore, it could prevent abnormal fat accumulation, and as precursor to acetylcholine synthesis. This choline chloride is also used as a supplement to human nutrition.
Choline Chloride Market is categorized based on product type, applications, and geography. The market is categorized based on product types such as Food Grade, Chemical Grade. Choline Chloride Market is categorized based on application into Plant Photosynthesis Promoter, Fatty Liver Treatment, Feed Additives.
Choline Chloride Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/choline-chloride-market
Asia-Pacific has been at the forefront with regards to Choline Chloride Market and will continue to rule the roost in the years to come. This could be attributed to the fact that China is the main consumer for the industry. Also, Europe is expected to grow high for the market. Some of the key players that fuel the growth of the Choline Chloride Market include Be-Long Corporation, BASF SE, JJ Choline Limited, Jubilant Life Sciences Limited, UAB Eksma Trade, Hebei Dayang Animal Healthcare Foods, NB Group, Pestell Minerals & Ingredients, Kemin Industries, Taminco. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Choline Chloride in these regions, from 2012 to 2022 (forecast), covering • North America • Europe • China • Japan • Southeast Asia • India
Global Choline Chloride market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • BASF SE • Be-Long Corporation • Hebei Dayang Animal Healthcare Foods • JJ Choline Limited • Jubilant Life Sciences Limited • Kemin Industries • NB Group • Pestell Minerals & Ingredients • Taminco • UAB Eksma Trade
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#Choline Chloride Market#Choline Chloride Industry#Choline Chloride Market Size#Choline Chloride Market Share#Choline Chloride Market Trend#Choline Chloride Market Growth
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Betaine Market Expansion Strategies, and Business Module Analysis
Betaine, a derivative of choline, is found naturally in plants, animals, and microorganisms. It is a significant part of foods such as shellfish, sugar beets, spinach, and wheat. It can fight heart diseases and muscle weaken, while encouraging synthesis of protein in the body. The global betaine market report by Market Research Future (MRFR) consists of various development techniques as well as analysis of its wide scope of applications for the forecast period (2017-2022).
Market Scope
The global betaine market is set to achieve significant revenue over the forecast period. Consumption of nutrition supplements filled with betaine can bode well for the market. This is exemplified by the procurement of energy and sports drinks. The trend can sustain due to its advocation by athletes and sports enthusiasts. Its use in other products such as detergents, personal care products, and cosmetics can spur its demand greatly. Emphasis on animal health is likely to spike the need for high-performance additives. Consumption of animal feed can increase their productivity, increase lean meat yields, and lowered costs of choline chloride and methionine can bolster its demand greatly.
Betaine possesses high water-retention and moisturizing properties, which in turn is triggering the need for cosmetics and personal care products. Furthermore, trials supported by ample evidence highlighting the benefits of consuming betaine will bolster the market demand. Recently, Aker BioMarine provided evidence of krill being a prime source for extraction of the compound. Recommendations for choline-rich diets for European and North American consumers can further expand the betaine market size to a considerable degree.
Segmentation
The global betaine market is segmented by type, form, and application.
By type, the market is segmented into natural betaine and synthetic betaine.
By form, it is segmented into betaine monohydrate, betaine anhydrous, and cocamidopropyl betaine.
Major applications comprise pharmaceutical, dietary supplements, cosmetics, animal feed, and others.
Regional Analysis
Geographically, the global betaine market covers North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (ROW).
North America has a major market share owing to applications in animal feed products and support from regulatory bodies. Research and development initiatives and awareness of its benefits can drive the demand in the region. The thriving animal husbandry sector and the need for nutrient-dense diets is likely to find many takers among farmers of the region. Consumption of betaine can tackle deficiencies in animal diets and improve their metabolism.
Europe is estimated to witness tremendous growth due to the investments in research and development activities for applications of betaine. Consumption of sports supplements are likely to bode well for the market. Approval of betaine by the European Commission is expected to widen its integration in isotonic ready-to-drink beverages, drink powders, and cereal and protein bars. Furthermore, consumption of betaine anhydrous for improving performance of athletes can spike the demand for betaine.
APAC is touted to exhibit the fastest growth rate during the forecast period due to high awareness of betaine among the populace. Approval by regulatory bodies which can promote the consumption of foods and beverages rich in betaine can prove fruitful for the market.
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https://www.marketresearchfuture.com/press-release/betaine-market-betaine-market-to-demonstrate-a-robust-growth-over-2024
Competition Outlook
BASF SE, Amino GMBH, Nutreco N.V., Kao Corporation, Associated British Foods PLC, E. I. du Pont de Nemours and Company, and DuPont are major players of the global betaine market. Investments by companies for expanding their product portfolio are likely to be witnessed in the coming years. Collaborations between companies can see a launch of novel products. Recently, Solzayme and BASF decided to launch an algae-based betaine ingredient to be used in personal care products such as dishwashing liquids, liquid soaps, and soaps.
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In view of such a scenario, Global Market Insights, estimates that the choline chloride market size will surpass USD 725 million by 2027.
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