Global Choline Chloride Market Size study & Forecast, by Form (Powder, Liquid), by Application (Animal Feed, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals, Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global Choline Chloride Market is valued approximately USD 526 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2023-2030. Choline chloride is an organic compound which belongs to the fourth-order ammonium salt, it is colorless in its liquid form. It is an organic compound and belongs to the group of B-vitamins. Choline chloride is a white crystalline powder that is highly soluble in water. It has a slightly fishy odor. Choline chloride is an essential nutrient for various organisms, including humans, animals, and plants. It plays a vital role in various physiological processes in the body. Choline chloride is involved in the synthesis of phospholipids, which are essential components of cell membranes. It also serves as a precursor for the neurotransmitter acetylcholine, which is involved in nerve signal transmission. The market drivers that are boosting the growth of the market are increasing consumption of poultry meat and growing animal feed industry.

According to the Statista, it is expected that approximately 153.85 metric kilotons of poultry meat will be consumed worldwide by 2031. Increasing demand from poultry feed segment is also boosting the growth of the market. According to the OECD-FAO Agricultural Outlook 2022-2031, the availability of protein in meat from pork, cattle, sheep, and poultry is predicted to rise by 16%, 17%, 8%, and 16%, respectively, by 2031. In comparison to the period from 2019 to 2022, it is predicted that poultry meat will account for 47% of all meat-based protein consumed, followed by pig, sheep, and bovine. The rising animal feed industry also contributes majorly in the growth of the market as according to the International Feed Industry Federation (IFIF), the annual global commercial feed manufacturing turnover exceeds USD 400 billion. Moreover, technological advancements in choline chloride production and investment in R&D activities may create lucrative opportunities for the market. However, the high risk of diseases outbreaks in animals and price volatility of raw materials stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Choline Chloride Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the factors such as growing pharmaceutical industry for drug manufacturing, technological advancements and new product launches. However, Asia Pacific is expected to grow significantly during the forecast period, due to a rise in demand from the meat, egg, and poultry industries. During the forecast period, the region's choline chloride market would develop due to the increasing demand from end-use industries.

Major market player included in this report are:

Balaji Amines Ltd.
Eastman Chemical Company
Jubilant Ingrevia Limited
Merck KGaA
Nuproxa Switzerland Ltd.
Imperial Group Limited
Muby Chemicals of Mubychem Group
GWH International
ALGRY Quimica, SL
Liaoning Biochem Co. Ltd.

Recent Developments in the Market:

In October 2022, Methanol Chemicals Company (Chemanol) and Saudi GDI signed an agreement of almost USD 1.33 million for the production of specialized chemicals including methyl diethanolamine and choline chloride.
In January 2021, Balchem, a major manufacturer of choline products for use in animal nutrition, launched a new line of choline chloride products for use in Europe, the Middle East, Africa, and Asia.

Global Choline Chloride Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Form, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Form:

Powder
Liquid

By Application:

Animal Feed
Oil & Gas
Human Nutrition
Personal Care
Pharmaceuticals
Others

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Choline Chloride Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Choline Chloride Market, by Form, 2020-2030 (USD Million)
- 1.2.3. Choline Chloride Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Choline Chloride Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Choline Chloride Market Dynamics

3.1. Choline Chloride Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing consumption of poultry meat
  - 3.1.1.2. Growing animal feed industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High risk of animal disease outbreaks
  - 3.1.2.2. Price volatility of raw materials
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements in Choline Chloride production
  - 3.1.3.2. Investment in R&D activities

Chapter 4. Global Choline Chloride Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Choline Chloride Market, by Form

5.1. Market Snapshot
5.2. Global Choline Chloride Market by Form, Performance - Potential Analysis
5.3. Global Choline Chloride Market Estimates & Forecasts by Form 2020-2030 (USD Million)
5.4. Choline Chloride Market, Sub Segment Analysis
- 5.4.1. Powder
- 5.4.2. Liquid

Chapter 6. Global Choline Chloride Market, by Application

6.1. Market Snapshot
6.2. Global Choline Chloride Market by Application, Performance - Potential Analysis
6.3. Global Choline Chloride Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Choline Chloride Market, Sub Segment Analysis
- 6.4.1. Animal Feed
- 6.4.2. Oil & Gas
- 6.4.3. Human Nutrition
- 6.4.4. Personal Care
- 6.4.5. Pharmaceuticals
- 6.4.6. Others

Chapter 7. Global Choline Chloride Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Choline Chloride Market, Regional Market Snapshot
7.4. North America Choline Chloride Market
- 7.4.1. U.S. Choline Chloride Market
  - 7.4.1.1. Form breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Choline Chloride Market
7.5. Europe Choline Chloride Market Snapshot
- 7.5.1. U.K. Choline Chloride Market
- 7.5.2. Germany Choline Chloride Market
- 7.5.3. France Choline Chloride Market
- 7.5.4. Spain Choline Chloride Market
- 7.5.5. Italy Choline Chloride Market
- 7.5.6. Rest of Europe Choline Chloride Market
7.6. Asia-Pacific Choline Chloride Market Snapshot
- 7.6.1. China Choline Chloride Market
- 7.6.2. India Choline Chloride Market
- 7.6.3. Japan Choline Chloride Market
- 7.6.4. Australia Choline Chloride Market
- 7.6.5. South Korea Choline Chloride Market
- 7.6.6. Rest of Asia Pacific Choline Chloride Market
7.7. Latin America Choline Chloride Market Snapshot
- 7.7.1. Brazil Choline Chloride Market
- 7.7.2. Mexico Choline Chloride Market
7.8. Middle East & Africa Choline Chloride Market
- 7.8.1. Saudi Arabia Choline Chloride Market
- 7.8.2. South Africa Choline Chloride Market
- 7.8.3. Rest of Middle East & Africa Choline Chloride Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Balaji Amines Ltd.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Eastman Chemical Company
- 8.3.3. Jubilant Ingrevia Limited
- 8.3.4. Merck KGaA
- 8.3.5. Nuproxa Switzerland Ltd.
- 8.3.6. Imperial Group Limited
- 8.3.7. Muby Chemicals of Mubychem Group
- 8.3.8. GWH International
- 8.3.9. ALGRY Quimica, SL
- 8.3.10. Liaoning Biochem Co. Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Choline Chloride Market, report scope
TABLE 2. Global Choline Chloride Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Choline Chloride Market estimates & forecasts by Form 2020-2030 (USD Million)
TABLE 4. Global Choline Chloride Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 5. Global Choline Chloride Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global Choline Chloride Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Choline Chloride Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Choline Chloride Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Choline Chloride Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Choline Chloride Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Choline Chloride Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Choline Chloride Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Choline Chloride Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Choline Chloride Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia Choline Chloride Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA Choline Chloride Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Choline Chloride Market
TABLE 70. List of primary sources, used in the study of global Choline Chloride Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Choline Chloride Market, research methodology
FIG 2. Global Choline Chloride Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Choline Chloride Market, key trends 2022
FIG 5. Global Choline Chloride Market, growth prospects 2023-2030
FIG 6. Global Choline Chloride Market, porters 5 force model
FIG 7. Global Choline Chloride Market, pest analysis
FIG 8. Global Choline Chloride Market, value chain analysis
FIG 9. Global Choline Chloride Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Choline Chloride Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Choline Chloride Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Choline Chloride Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Choline Chloride Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Choline Chloride Market, regional snapshot 2020 & 2030
FIG 15. North America Choline Chloride Market 2020 & 2030 (USD Million)
FIG 16. Europe Choline Chloride Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Choline Chloride Market 2020 & 2030 (USD Million)
FIG 18. Latin America Choline Chloride Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Choline Chloride Market 2020 & 2030 (USD Million)