Global Choline Chloride Market Insights
The Global Choline Chloride Market was evaluated USD 428.6 million in 2021 and is expected to rise with a CAGR of 3.8% from 2022- 2030 during the forecast period. Choline chloride has the formula [(CH3)3NCH2CH2OH]Cl and is an organic compound. It contains quaternary ammonium salt and alcohol and is hence referred to as bifunctional. The choline present is the cation that occurs naturally.
Choline chloride is a water-soluble salt of white colour mainly used in feed as it accelerates growth. It does not have adverse effects on animal and consumer health. Choline chloride is generally deemed as Vitamin B4, belonging to the Vitamin B group. It reduces the risk of fatty liver, especially in chickens, and protects the liver from toxins. Choline chloride is an important composition of lecithinum, acetylcholine, and phosphatidylcholine. Choline chloride is used as a special feeding supplement and is anticipated to witness significant growth during the foreseeable period in the coming years.
Increasing animal feed production coupled with rising consumption of poultry meat globally is anticipated to drive the market growth during the forecasted period. The Animal feed segment consists of Ruminant feed, Swine feed, Poultry feed. Choline chloride is used to stabilize clay in the oil & gas industry due to its economical & safe properties. The demand for quality poultry meat products is driving the growth of poultry meat production which in turn increases the demand for choline chloride in animal feed.
Increasing awareness for feed supplements among the end-users coupled with strict government regulations to increase the use of choline in feed is anticipated to drive the market growth. The number of increasing infectious diseases in livestock animals has increased awareness amongst consumers to consume food that is rich in supplements. Due to increase in awareness, the manufacturers of animal feed are obligatory to provide feed with additives which acts as growth promoters in livestock animals. Choline salts are used in foods and supplements to deliver nutritionally significant amounts of choline which are relative to current dietary recommendations, according to Good Manufacturing Practices (GMP). Choline is a vital feed additive for swine, cattle and poultry, primarily as choline chloride. It is used as a premix or is used directly in the feed or water provided to livestock animals. It has been currently allowed as a livestock vitamin.
Another factor propelling meat consumption and livestock production is urbanization as it substantially impacts the food consumption patterns and meticulously drive towards the demand of livestock production. Furthermore, there is a demand for feed additives in order to promote healthy living in animals. Healthier the livestock the product prepared will be of better quality. The market is expected to grow at a significant rate owing to the rise in demand for feed additive in diet of livestock animals to enhance their growth.
COVID-19 Analysis of Global Choline Chloride Market
The Global Choline Chloride Market grew at a substantial rate prior to the outbreak of the Covid-19 pandemic as choline chloride is an important additive in animal feed. Choline is denoted as Vitamin B4 and aids in the prevention of conditions such as perosis and liver enlargement in chickens. The outbreak of the pandemic halted the supply chains completely which impacted the animal feed choline chloride market to a great extent. The emergence of COVID-19 pandemic impacted the eating habits of the majority of the population and people focused more on vegetarian diets compared to non-vegetarian food. Disruptions in the supply chain impacted the movement of the finished product and reduced the interest of a larger population in consuming meat and other forms of non-vegetarian food, which impacted the animal feed grade Global choline chloride market.
Post-Covid Global choline chloride market has potentially grown during the forecast period. The closure of restaurants globally for a brief period of time since the lockdown badly affected the feed industry. The supply has been deeply hit by the emergence of the pandemic while the demand for animal feed has been relatively stable. The Global choline chloride market witnessed an increase in demand during the second half of 2021 owing to ease in restrictions imposed by countries and regularizing the production and supply chains It is anticipated that the market for animal feed grade choline chloride would witness remarkable growth during the forecast period owing to the rise in the movement of products from one place to another. Such factors will further boost the demand for Global Choline Chloride Market.
Global Choline Chloride Market Report Coverage
Global choline chloride market is bifurcated by Form, Grade, Application, and Region. By form the market is bifurcated into Powder, Liquid. Market by Grade is bifurcated into 50%, 60%, 70%, 75% and others. choline chloride market by Application is segmented into Animal Feed, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals and others. Animal Feed further segmented into Ruminant, Swine and Poultry. The report also covers the market size and forecasts for the Global Choline Chloride Market in 26 countries across major regions.
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Report Attributes |
Report Details |
| Study Timeline | 2016-2030 |
| Market Size in 2030 | USD 599.5 Million |
| CAGR (2022-2030) | 3.8% |
| By Form | Powder, Liquid |
| By Grade | 50%, 60%, 70%, 75% |
| By Application | Animal Feed: Poultry, Swine, Ruminant
Pet Food, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals |
| By geography | North America: U.S., Canada, Mexico
Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile, Rest of Latin America The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA |
Global Choline Chloride Market Segmental Analysis
Market Research Community provides extensive analysis of the size, share , major trends in each sub-segment of the Global Choline Chloride Market, along with forecasts at the global, regional and country level from 2022-2030.
The Liquid form holds the major share in Global Choline Chloride Market
The Liquid segment accounted for a market revenue USD 250.10 Million during the year 2021 of the Choline Chloride in the Global Choline Chloride Market. Choline chloride is available as a liquid that acts as a useful feed ingredient. It is available as a colourless light-yellow liquid. It is also available in various percentages such as 70%, and 75% based on their purity. Choline chloride available in 70-75% is highly concentrated and is of the utmost quality.
The demand for high-quality feeds is expected to surge the demand for liquid choline chloride. It is an organic compound soluble in water and can be easily fed to animals. Choline chloride has low toxicity and can be handled easily without impacting humans and animals. Choline chloride is the most economical form and widely used form of choline used for supplementing diets. The liquid segment is anticipated to grow at a CAGR of 3.4% during the forecast period. The surge in demand for liquid choline chloride due to its good solubility will boost the market for choline chloride during the forecast period.
70% grade is anticipate to lead the market by 30% in the Global Choline Chloride Market
The segment 70% by grade accounted for a market revenue of USD 128.6 Million during the year 2021 of the Global Choline Chloride Market. This segment anticipate for the concentration of choline in choline chloride.
The percentage of choline chloride at 70% is of utmost quality and is highly used in preparation of superior quality feed. Several European and North American laws abide the usage of 70% choline chloride in feed as it enhances growth in livestock and improves metabolism. Choline chloride with 70% concentration is has the dominant market share and is expected to show similar trends during the forecast period owing to its high quality.
Animal feed is expected to fuel the growth of in the Global Choline Chloride Market
The Animal feed Grade Choline Chloride Market is anticipated to grow during the forecast period 2022 to 2030. In Animal feed, poultry meat and eggs have high demand across the globe and this sector has high demand across the globe overall days of year, hence poultry feed contributes more in global choline chloride market. It is a vital feed additive especially for chickens as it accelerates growth.
Poultry is expected to have increased consumer demand and production in the coming years because it is the most broadly available organic meat in the United States and the increase in demand for products of poultry among consumers and the rising emphasis on improving poultry health are expected to accelerate the market for choline chloride during the forecast period.
China dominates the market of Global Choline Chloride Market.
Asia Pacific is anticipated to boost demand of choline chloride where China witnessed growth in livestock industry. The industry is growing rapidly and expanded in recent years as diets focused more on animal protein. China is the largest manufacturer of animal feed and world’s largest producer of livestock products.
China is one of the top shale gas suppliers in the World. This caused a massive demand for the country’s choline chloride market which created huge demand for hydraulic fracturing. The animal feed market is growing rapidly. This huge market can grow to massive market demand in the country of Choline Chloride Market.
Global Choline Chloride Market Competitive Landscape
Global Choline Chloride Market study is moderately competitive, with a considerable number of global and regional players. The key strategies adopted by these firms product innovations, include expansions, and mergers and acquisitions. The market is anticipated to be moderately fragmented.
Key Players
- ALGRY Quimica SL
- BALAJI AMINES
- Balchem Corporation
- BASF SE
- Eastman Chemical Company
- GHW International
- Impextraco NV
- IMPERIAL GROUP LIMITED
- Kemin Industries, Inc.
- Life Science Ingredients
The industry has players dominating the market such as BASF SE, Balchem Corporation, Eastman Chemical Company, and other players. Product innovation for the product is low to moderate. The supply-demand gap for the market is expected to be moderate owing to its major use in agrochemicals and also the presence of major players.
Recent Developments
- 2021 – Life Science Ingredients (LSI) business has been demerged from Jubilant Life Sciences as of 1st February 2021 to form Jubilant Ingrevia Limited. The demerger created a separate entity with an increased focus on the LSI and Pharmaceutical Businesses, Capture Growth Opportunities, and unlocking value for organizations Shareholders.
- 2020 – Balchem Corporation launched the new PuraChol line of branded choline products. The company is one of the global leader in choline production. As a result of this product launch the company will offer customers e highest quality, purest choline chloride possible and this will enhance company’s product portfolio in animal nutrition segment.
Table of Content
- Introduction
- Market Introduction
- Market Research Methodology
- Research Process
- Primary Research
- Secondary Research
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Limitations of the Study
- Product Picture of Choline chloride market
- Global Choline Chloride Market: Classification
- Geographic Scope
- Years Considered for the Study
- Research Methodology in brief:
- Parent Market Overview
- Overall Choline Chloride Market Regional Demand
- Research Programs/Design
- Market Breakdown and Data Triangulation Approach
- Data Source
- Secondary Sources
- Primary Sources
- Primary Interviews:
- Average primary breakdown ratio
- Market Dynamics
- Drivers
- Drivers
- Restraints
- Opportunity
- Impact forces on market dynamics
- Impact forces during the forecast years
- Industry Value Chain
- Upstream analysis
- Downstream analysis
- Distribution Channel
- Direct Channel
- Indirect Channel
- Potential Customers
- Manufacturing/Operational Cost Analysis
- Pricing Analysis by Region
- Key Technology Landscape
- Regulatory Analysis
- Porter’s Analysis
- Supplier Power
- Buyer Power
- Substitution Threat
- Threat from New Entry
- Competitive Rivalry
- PESTEL Analysis
- Political Factors
- Economic Factor
- Social Factors
- Technological Factor
- Environmental Factors
- Legal Factor
- Covid-19 impact on Global Economy
- Covid-19 impact on Choline chloride market demand
- Post-Covid Impact on Choline Chloride Market Demand
- Impact Analysis of Russia-Ukraine Conflict
- Drivers
- Global Choline Chloride Market Segmentation, by Volume (Kilo Tons) & Revenue (USD Billion), (2022-2030)
- By Form
- Powder
- Liquid
- By Grade
- 50%
- 60%
- 70%
- 75%
- By Application
- Animal Feed
- Poultry
- Swine
- Ruminant
- Pet Food
- Oil & Gas
- Human Nutrition
- Personal Care
- Pharmaceuticals
- Animal Feed
- By Form
- Global Choline Chloride Market Overview, By Region
- North America Choline Chloride Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
- US
- By Type
- By Application
- By End Use
- Canada
- Mexico
- US
- Europe Choline Chloride Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
- France
- UK
- Spain
- Russia
- Italy
- BENELUX
- Asia Pacific Choline Chloride Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
- China
- Japan
- Australia
- South Korea
- India
- ASEAN
- North America Choline Chloride Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
- Latin America Choline Chloride Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
- Brazil
- Argentina
- Chile
- Middle East and Africa Choline Chloride Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
- GCC
- Turkey
- South Africa
- Global Choline Chloride Market Revenue: Competitive Analysis, 2021
- Key strategies by players
- Revenue (USD Billion and %), By manufacturers, 2021
- Player Positioning by Market Players, 2021
- Competitive Analysis
- ALGRY Quimica SL
- Business Overview
- Business Financials (USD Million)
- Product Category, Type, and Specification
- Main Business/Business Overview
- Geographical Analysis
- Recent Development
- Swot Analysis
- BALAJI AMINES
- Balchem Corporation
- BASF SE
- Eastman Chemical Company
- GHW International
- Impextraco NV
- IMPERIAL GROUP LIMITED
- Kemin Industries, Inc.
- Life Science Ingredients
- ALGRY Quimica SL
- Market Research Findings & Conclusion
Disclaimer
Research Methodology
The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.