North America Choline Chloride Market Size, Share & Industry Trends Analysis Report By Form (Powder, and Liquid), By Application (Animal Feed, Human Nutrition, Oil & Gas, Pharmaceuticals, Personal Care), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Choline Chloride Market would witness market growth of 5.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 95,617.7 Tonnes, showcasing a growth of 5.6% (2019-2022).

Choline chloride is a quaternary ammonium salt consisting of the choline cation and chloride anion. The market is expanding due to the rising usage of the chemical in the personal care and pharmaceutical end-use sectors. Choline cation and chloride anion combine to form choline chloride, a quaternary ammonium salt. It is a deliquescent white crystal. It is commonly utilized in the formulation of pharmaceutical products because it functions as a lipotropic agent, increasing the transport and metabolism of lipids, including the creation of lipoprotein and a nootropic agent. Pharmaceutical formulations require an analyte to determine formulation efficiency. Analyte efficiency is determined using a variety of pharmaceutical reference standards, commonly referred to as certified reference materials or secondary standards.

Certified reference material is the primary application for choline chloride. In addition, the extensive use of pharma-grade choline chloride as a basic material in producing pharmaceutical or biopharmaceutical cell culture media products is a major factor in the market's growth. Solvents are significant intermediary substances that are essential to the purification of pharmaceutical products and excipients. In addition, growing concern for eco-friendly chemistry has created vast opportunities for the expansion of bio-based solvents in the pharmaceutical industry. Choline chloride functions as a humectant, which can retain moisture. It is employed in formulating hair and skin care products such as lotions, conditioners, and other cosmetics. Carboxylic acid and choline salts have good moisturizing qualities compared to other acids. Additionally, to improve the biological qualities of the parent molecule and lessen irritation, burning, and stinging, monocholine salts of di and polyvalent carboxylic acids are employed in personal care products.

Canadians are becoming more conscious of personal care and grooming, leading to a growing demand for a vast range of products, such as hair care, skincare, and cosmetics. There is a trend toward natural and organic personal care products in Canada. As Canadians become more health-conscious, the personal care industry has seen growth in products that promote skin health and overall well-being. Choline chloride can be used to enhance the effectiveness of such products. The Canadian hair care industry has grown, emphasizing natural and organic ingredients.

Choline chloride is used in hair care products to improve hair texture and manageability in Canada. According to the International Trade Administration, in the first half of 2022, the Canadian beauty industry experienced the country's highest growth rate. In 2022, Canada's personal care and beauty sector brought in over $11 billion in revenue. Revenue from the cosmetics business is predicted to increase by 1.45% annually to USD 1.8 billion by 2024. These factors will support the growth of the regional market in the coming years.

The US market dominated the North America Choline Chloride Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $168,413.6 Thousand by 2030. The Canada market is registering a CAGR of 8.2% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 7.2% during (2023 - 2030).

Based on Form, the market is segmented into Powder, and Liquid. Based on Application, the market is segmented into Animal Feed, Human Nutrition, Oil & Gas, Pharmaceuticals, Personal Care, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Merck KGAA, Kemin Industries, Inc., Balchem Corporation, Eastman Chemical Company, Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.), BASF SE, Tokyo Chemical Industry Co. Ltd., Nuproxa Switzerland Ltd, Pestell Nutrition Inc. (Barentz), and Algry Quimica S.L.

Scope of the Study

Market Segments covered in the Report:

By Form (Volume, Tonnes, USD Thousands, 2019-2030)

Powder
Liquid

By Application (Volume, Tonnes, USD Thousands, 2019-2030)

Animal Feed
Human Nutrition
Oil & Gas
Pharmaceuticals
Personal Care
Others

By Country (Volume, Tonnes, USD Thousands, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

Merck KGAA
Kemin Industries, Inc.
Balchem Corporation
Eastman Chemical Company
Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
BASF SE
Tokyo Chemical Industry Co. Ltd.
Nuproxa Switzerland Ltd
Pestell Nutrition Inc. (Barentz)
Algry Quimica S.L.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Choline Chloride Market, by Form
- 1.4.2 North America Choline Chloride Market, by Application
- 1.4.3 North America Choline Chloride Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. North America Choline Chloride Market, By Form

4.1 North America Powder Market, By Country
4.2 North America Liquid Market, By Country

Chapter 5. North America Choline Chloride Market, By Application

5.1 North America Animal Feed Market, By Country
5.2 North America Human Nutrition Market, By Country
5.3 North America Oil & Gas Market, By Country
5.4 North America Pharmaceuticals Market, By Country
5.5 North America Personal Care Market, By Country
5.6 North America Others Market, By Country

Chapter 6. North America Choline Chloride Market, By Country

6.1 US Choline Chloride Market
- 6.1.1 US Choline Chloride Market, By Form
- 6.1.2 US Choline Chloride Market, By Application
6.2 Canada Choline Chloride Market
- 6.2.1 Canada Choline Chloride Market, By Form
- 6.2.2 Canada Choline Chloride Market, By Application
6.3 Mexico Choline Chloride Market
- 6.3.1 Mexico Choline Chloride Market, By Form
- 6.3.2 Mexico Choline Chloride Market, By Application
6.4 Rest of North America Choline Chloride Market
- 6.4.1 Rest of North America Choline Chloride Market, By Form
- 6.4.2 Rest of North America Choline Chloride Market, By Application

Chapter 7. Company Profiles

7.1 Merck KGaA
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
7.2 Kemin Industries, Inc.
- 7.2.1 Company Overview
- 7.2.2 Recent strategies and developments:
  - 7.2.2.1 Product Launches and Product Expansions:
- 7.2.3 SWOT Analysis
7.3 Balchem Corporation
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Regional & Segmental Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 Recent strategies and developments:
  - 7.3.5.1 Product Launches and Product Expansions:
- 7.3.6 SWOT Analysis
7.4 Eastman Chemical Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
7.5 Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
7.6 BASF SE
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 SWOT Analysis
7.7 Tokyo Chemical Industry Co., Ltd.
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
7.8 Nuproxa Switzerland Ltd
- 7.8.1 Company Overview
7.9 Pestell Nutrition Inc. (Barentz)
- 7.9.1 Company Overview
7.10. Algry Quimica S.L.
- 7.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Choline Chloride Market, 2019 - 2022, USD Thousand
TABLE 2 North America Choline Chloride Market, 2023 - 2030, USD Thousand
TABLE 3 North America Choline Chloride Market, 2019 - 2022, Tonnes
TABLE 4 North America Choline Chloride Market, 2023 - 2030, Tonnes
TABLE 5 North America Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
TABLE 6 North America Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
TABLE 7 North America Choline Chloride Market, By Form, 2019 - 2022, Tonnes
TABLE 8 North America Choline Chloride Market, By Form, 2023 - 2030, Tonnes
TABLE 9 North America Powder Market, By Country, 2019 - 2022, USD Thousand
TABLE 10 North America Powder Market, By Country, 2023 - 2030, USD Thousand
TABLE 11 North America Powder Market, By Country, 2019 - 2022, Tonnes
TABLE 12 North America Powder Market, By Country, 2023 - 2030, Tonnes
TABLE 13 North America Liquid Market, By Country, 2019 - 2022, USD Thousand
TABLE 14 North America Liquid Market, By Country, 2023 - 2030, USD Thousand
TABLE 15 North America Liquid Market, By Country, 2019 - 2022, Tonnes
TABLE 16 North America Liquid Market, By Country, 2023 - 2030, Tonnes
TABLE 17 North America Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
TABLE 18 North America Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
TABLE 19 North America Choline Chloride Market, By Application, 2019 - 2022, Tonnes
TABLE 20 North America Choline Chloride Market, By Application, 2023 - 2030, Tonnes
TABLE 21 North America Animal Feed Market, By Country, 2019 - 2022, USD Thousand
TABLE 22 North America Animal Feed Market, By Country, 2023 - 2030, USD Thousand
TABLE 23 North America Animal Feed Market, By Country, 2019 - 2022, Tonnes
TABLE 24 North America Animal Feed Market, By Country, 2023 - 2030, Tonnes
TABLE 25 North America Human Nutrition Market, By Country, 2019 - 2022, USD Thousand
TABLE 26 North America Human Nutrition Market, By Country, 2023 - 2030, USD Thousand
TABLE 27 North America Human Nutrition Market, By Country, 2019 - 2022, Tonnes
TABLE 28 North America Human Nutrition Market, By Country, 2023 - 2030, Tonnes
TABLE 29 North America Oil & Gas Market, By Country, 2019 - 2022, USD Thousand
TABLE 30 North America Oil & Gas Market, By Country, 2023 - 2030, USD Thousand
TABLE 31 North America Oil & Gas Market, By Country, 2019 - 2022, Tonnes
TABLE 32 North America Oil & Gas Market, By Country, 2023 - 2030, Tonnes
TABLE 33 North America Pharmaceuticals Market, By Country, 2019 - 2022, USD Thousand
TABLE 34 North America Pharmaceuticals Market, By Country, 2023 - 2030, USD Thousand
TABLE 35 North America Pharmaceuticals Market, By Country, 2019 - 2022, Tonnes
TABLE 36 North America Pharmaceuticals Market, By Country, 2023 - 2030, Tonnes
TABLE 37 North America Personal Care Market, By Country, 2019 - 2022, USD Thousand
TABLE 38 North America Personal Care Market, By Country, 2023 - 2030, USD Thousand
TABLE 39 North America Personal Care Market, By Country, 2019 - 2022, Tonnes
TABLE 40 North America Personal Care Market, By Country, 2023 - 2030, Tonnes
TABLE 41 North America Others Market, By Country, 2019 - 2022, USD Thousand
TABLE 42 North America Others Market, By Country, 2023 - 2030, USD Thousand
TABLE 43 North America Others Market, By Country, 2019 - 2022, Tonnes
TABLE 44 North America Others Market, By Country, 2023 - 2030, Tonnes
TABLE 45 North America Choline Chloride Market, By Country, 2019 - 2022, USD Thousand
TABLE 46 North America Choline Chloride Market, By Country, 2023 - 2030, USD Thousand
TABLE 47 North America Choline Chloride Market, By Country, 2019 - 2022, Tonnes
TABLE 48 North America Choline Chloride Market, By Country, 2023 - 2030, Tonnes
TABLE 49 US Choline Chloride Market, 2019 - 2022, USD Thousand
TABLE 50 US Choline Chloride Market, 2023 - 2030, USD Thousand
TABLE 51 US Choline Chloride Market, 2019 - 2022, Tonnes
TABLE 52 US Choline Chloride Market, 2023 - 2030, Tonnes
TABLE 53 US Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
TABLE 54 US Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
TABLE 55 US Choline Chloride Market, By Form, 2019 - 2022, Tonnes
TABLE 56 US Choline Chloride Market, By Form, 2023 - 2030, Tonnes
TABLE 57 US Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
TABLE 58 US Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
TABLE 59 US Choline Chloride Market, By Application, 2019 - 2022, Tonnes
TABLE 60 US Choline Chloride Market, By Application, 2023 - 2030, Tonnes
TABLE 61 Canada Choline Chloride Market, 2019 - 2022, USD Thousand
TABLE 62 Canada Choline Chloride Market, 2023 - 2030, USD Thousand
TABLE 63 Canada Choline Chloride Market, 2019 - 2022, Tonnes
TABLE 64 Canada Choline Chloride Market, 2023 - 2030, Tonnes
TABLE 65 Canada Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
TABLE 66 Canada Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
TABLE 67 Canada Choline Chloride Market, By Form, 2019 - 2022, Tonnes
TABLE 68 Canada Choline Chloride Market, By Form, 2023 - 2030, Tonnes
TABLE 69 Canada Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
TABLE 70 Canada Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
TABLE 71 Canada Choline Chloride Market, By Application, 2019 - 2022, Tonnes
TABLE 72 Canada Choline Chloride Market, By Application, 2023 - 2030, Tonnes
TABLE 73 Mexico Choline Chloride Market, 2019 - 2022, USD Thousand
TABLE 74 Mexico Choline Chloride Market, 2023 - 2030, USD Thousand
TABLE 75 Mexico Choline Chloride Market, 2019 - 2022, Tonnes
TABLE 76 Mexico Choline Chloride Market, 2023 - 2030, Tonnes
TABLE 77 Mexico Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
TABLE 78 Mexico Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
TABLE 79 Mexico Choline Chloride Market, By Form, 2019 - 2022, Tonnes
TABLE 80 Mexico Choline Chloride Market, By Form, 2023 - 2030, Tonnes
TABLE 81 Mexico Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
TABLE 82 Mexico Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
TABLE 83 Mexico Choline Chloride Market, By Application, 2019 - 2022, Tonnes
TABLE 84 Mexico Choline Chloride Market, By Application, 2023 - 2030, Tonnes
TABLE 85 Rest of North America Choline Chloride Market, 2019 - 2022, USD Thousand
TABLE 86 Rest of North America Choline Chloride Market, 2023 - 2030, USD Thousand
TABLE 87 Rest of North America Choline Chloride Market, 2019 - 2022, Tonnes
TABLE 88 Rest of North America Choline Chloride Market, 2023 - 2030, Tonnes
TABLE 89 Rest of North America Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
TABLE 90 Rest of North America Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
TABLE 91 Rest of North America Choline Chloride Market, By Form, 2019 - 2022, Tonnes
TABLE 92 Rest of North America Choline Chloride Market, By Form, 2023 - 2030, Tonnes
TABLE 93 Rest of North America Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
TABLE 94 Rest of North America Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
TABLE 95 Rest of North America Choline Chloride Market, By Application, 2019 - 2022, Tonnes
TABLE 96 Rest of North America Choline Chloride Market, By Application, 2023 - 2030, Tonnes
TABLE 97 key Information - Merck KGaA
TABLE 98 Key Information - Kemin Industries, Inc.
TABLE 99 Key information - Balchem Corporation
TABLE 101 Key Information - spectrum chemical mfg.corp
TABLE 102 Key Information - BASF SE
TABLE 103 Key Information - Tokyo Chemical Industry Co., Ltd.
TABLE 104 Key Information - Nuproxa Switzerland Ltd
TABLE 105 Key Information - Pestell Nutrition Inc.
TABLE 106 Key Information - Algry Quimica S.L.

North America Choline Chloride Market Size, Share & Industry Trends Analysis Report By Form (Powder, and Liquid), By Application (Animal Feed, Human Nutrition, Oil & Gas, Pharmaceuticals, Personal Care), By Country and Growth Forecast, 2023 - 2030