PUBLISHER: KBV Research | PRODUCT CODE: 1384685
PUBLISHER: KBV Research | PRODUCT CODE: 1384685
Asia Pacific 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
The Asia Pacific Choline Chloride Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,52,140.7 Tonnes, showcasing a growth of 6.4% (2019-2022).
With a growing awareness of animal welfare and the importance of providing optimal nutrition to livestock, the demand for choline chloride in animal feed has risen. Farmers and producers increasingly recognize its role in promoting animal health and productivity. As the pharmaceutical industry continues to evolve, the demand for choline chloride as a precursor in drug synthesis has increased. Innovations in drug development and research have contributed to this growing demand. Health-conscious consumers are turning to dietary supplements to meet their nutritional needs. Including choline chloride in dietary supplements aligns with the broader trend of seeking holistic well-being. The food and beverage sector are increasingly focused on maintaining high-quality products. Choline chloride's use as a food supplement and flavor enhancer aids in producing better-quality food and beverages. The oil and gas industry's need for drilling fluids that improve efficiency and minimize risks has led to the adopting of choline chloride as a clay stabilizer, enhancing drilling operations.
The animal feed industry continues to witness substantial growth, with an increasing emphasis on enhancing the nutritional content of feeds. This trend drives the demand for choline chloride to support animal growth and health. The health and wellness trend and the rise in dietary supplement consumption have created a strong market for choline chloride in human nutrition. As consumers become more health conscious, the demand for choline chloride supplements is expected to grow. Sustainable agriculture practices are gaining traction, and choline chloride is recognized as a critical component in achieving sustainable and efficient livestock farming. This trend is expected to bolster the adoption of choline chloride further. Innovations in choline chloride production and delivery methods are streamlining its use in various industries. For example, encapsulated choline chloride is becoming increasingly popular for animal nutrition, as it provides controlled release and improved bioavailability.
China has experienced rapid growth in its pharmaceutical industry, becoming one of the largest pharmaceutical industries in the world. China's pharmaceutical industry has made strides in developing biopharmaceuticals and biosimilars. China has a robust contract manufacturing sector, offering services to pharmaceutical companies globally. China is a major producer of generic drugs and active pharmaceutical ingredients (APIs). Choline chloride can produce APIs or as an ingredient in generic drug formulations. According to China.org, in 2021, the combined business revenue of China's pharmaceutical companies increased by 18.7 percent annually, the fastest growth rate in the previous five years (2016-2021).
As per Invest India, from FY 2013-14 to FY 2021-22, the fishing sector had an outstanding 8% average annual growth rate, with a record fish production of 16.25 MMT in FY 2021-22. India's fisheries sector, particularly aquaculture, is experiencing robust growth. The production of fish and shrimp through aquaculture significantly contributes to the country's overall fish production. India cultivates a wide variety of aquatic species, including fish like carp, catfish, tilapia, and shrimp. India is diversifying its aquaculture practices by cultivating various species. All these factors will uplift the regional market expansion in coming years.
The China market dominated the Asia Pacific Choline Chloride Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $102,971 Thousand by 2030. The Japan market is exhibiting a CAGR of 6% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Choline Chloride Market, by Form
- 1.4.2 Asia Pacific Choline Chloride Market, by Application
- 1.4.3 Asia Pacific 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
- 3.1.1 Overview
- 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. Asia Pacific Choline Chloride Market, By Form
- 4.1 Asia Pacific Powder Market, By Country
- 4.2 Asia Pacific Liquid Market, By Country
Chapter 5. Asia Pacific Choline Chloride Market, By Application
- 5.1 Asia Pacific Animal Feed Market, By Country
- 5.2 Asia Pacific Human Nutrition Market, By Country
- 5.3 Asia Pacific Oil & Gas Market, By Country
- 5.4 Asia Pacific Pharmaceuticals Market, By Country
- 5.5 Asia Pacific Personal Care Market, By Country
- 5.6 Asia Pacific Others Market, By Country
Chapter 6. Asia Pacific Choline Chloride Market, By Country
- 6.1 China Choline Chloride Market
- 6.1.1 China Choline Chloride Market, By Form
- 6.1.2 China Choline Chloride Market, By Application
- 6.2 Japan Choline Chloride Market
- 6.2.1 Japan Choline Chloride Market, By Form
- 6.2.2 Japan Choline Chloride Market, By Application
- 6.3 India Choline Chloride Market
- 6.3.1 India Choline Chloride Market, By Form
- 6.3.2 India Choline Chloride Market, By Application
- 6.4 South Korea Choline Chloride Market
- 6.4.1 South Korea Choline Chloride Market, By Form
- 6.4.2 South Korea Choline Chloride Market, By Application
- 6.5 Singapore Choline Chloride Market
- 6.5.1 Singapore Choline Chloride Market, By Form
- 6.5.2 Singapore Choline Chloride Market, By Application
- 6.6 Malaysia Choline Chloride Market
- 6.6.1 Malaysia Choline Chloride Market, By Form
- 6.6.2 Malaysia Choline Chloride Market, By Application
- 6.7 Rest of Asia Pacific Choline Chloride Market
- 6.7.1 Rest of Asia Pacific Choline Chloride Market, By Form
- 6.7.2 Rest of Asia Pacific 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 Asia Pacific Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 2 Asia Pacific Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 3 Asia Pacific Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 4 Asia Pacific Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 5 Asia Pacific Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 6 Asia Pacific Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 7 Asia Pacific Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 8 Asia Pacific Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 9 Asia Pacific Powder Market, By Country, 2019 - 2022, USD Thousand
- TABLE 10 Asia Pacific Powder Market, By Country, 2023 - 2030, USD Thousand
- TABLE 11 Asia Pacific Powder Market, By Country, 2019 - 2022, Tonnes
- TABLE 12 Asia Pacific Powder Market, By Country, 2023 - 2030, Tonnes
- TABLE 13 Asia Pacific Liquid Market, By Country, 2019 - 2022, USD Thousand
- TABLE 14 Asia Pacific Liquid Market, By Country, 2023 - 2030, USD Thousand
- TABLE 15 Asia Pacific Liquid Market, By Country, 2019 - 2022, Tonnes
- TABLE 16 Asia Pacific Liquid Market, By Country, 2023 - 2030, Tonnes
- TABLE 17 Asia Pacific Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 18 Asia Pacific Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 19 Asia Pacific Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 20 Asia Pacific Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 21 Asia Pacific Animal Feed Market, By Country, 2019 - 2022, USD Thousand
- TABLE 22 Asia Pacific Animal Feed Market, By Country, 2023 - 2030, USD Thousand
- TABLE 23 Asia Pacific Animal Feed Market, By Country, 2019 - 2022, Tonnes
- TABLE 24 Asia Pacific Animal Feed Market, By Country, 2023 - 2030, Tonnes
- TABLE 25 Asia Pacific Human Nutrition Market, By Country, 2019 - 2022, USD Thousand
- TABLE 26 Asia Pacific Human Nutrition Market, By Country, 2023 - 2030, USD Thousand
- TABLE 27 Asia Pacific Human Nutrition Market, By Country, 2019 - 2022, Tonnes
- TABLE 28 Asia Pacific Human Nutrition Market, By Country, 2023 - 2030, Tonnes
- TABLE 29 Asia Pacific Oil & Gas Market, By Country, 2019 - 2022, USD Thousand
- TABLE 30 Asia Pacific Oil & Gas Market, By Country, 2023 - 2030, USD Thousand
- TABLE 31 Asia Pacific Oil & Gas Market, By Country, 2019 - 2022, Tonnes
- TABLE 32 Asia Pacific Oil & Gas Market, By Country, 2023 - 2030, Tonnes
- TABLE 33 Asia Pacific Pharmaceuticals Market, By Country, 2019 - 2022, USD Thousand
- TABLE 34 Asia Pacific Pharmaceuticals Market, By Country, 2023 - 2030, USD Thousand
- TABLE 35 Asia Pacific Pharmaceuticals Market, By Country, 2019 - 2022, Tonnes
- TABLE 36 Asia Pacific Pharmaceuticals Market, By Country, 2023 - 2030, Tonnes
- TABLE 37 Asia Pacific Personal Care Market, By Country, 2019 - 2022, USD Thousand
- TABLE 38 Asia Pacific Personal Care Market, By Country, 2023 - 2030, USD Thousand
- TABLE 39 Asia Pacific Personal Care Market, By Country, 2019 - 2022, Tonnes
- TABLE 40 Asia Pacific Personal Care Market, By Country, 2023 - 2030, Tonnes
- TABLE 41 Asia Pacific Others Market, By Country, 2019 - 2022, USD Thousand
- TABLE 42 Asia Pacific Others Market, By Country, 2023 - 2030, USD Thousand
- TABLE 43 Asia Pacific Others Market, By Country, 2019 - 2022, Tonnes
- TABLE 44 Asia Pacific Others Market, By Country, 2023 - 2030, Tonnes
- TABLE 45 Asia Pacific Choline Chloride Market, By Country, 2019 - 2022, USD Thousand
- TABLE 46 Asia Pacific Choline Chloride Market, By Country, 2023 - 2030, USD Thousand
- TABLE 47 Asia Pacific Choline Chloride Market, By Country, 2019 - 2022, Tonnes
- TABLE 48 Asia Pacific Choline Chloride Market, By Country, 2023 - 2030, Tonnes
- TABLE 49 China Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 50 China Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 51 China Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 52 China Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 53 China Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 54 China Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 55 China Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 56 China Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 57 China Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 58 China Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 59 China Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 60 China Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 61 Japan Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 62 Japan Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 63 Japan Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 64 Japan Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 65 Japan Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 66 Japan Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 67 Japan Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 68 Japan Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 69 Japan Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 70 Japan Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 71 Japan Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 72 Japan Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 73 India Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 74 India Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 75 India Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 76 India Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 77 India Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 78 India Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 79 India Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 80 India Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 81 India Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 82 India Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 83 India Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 84 India Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 85 South Korea Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 86 South Korea Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 87 South Korea Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 88 South Korea Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 89 South Korea Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 90 South Korea Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 91 South Korea Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 92 South Korea Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 93 South Korea Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 94 South Korea Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 95 South Korea Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 96 South Korea Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 97 Singapore Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 98 Singapore Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 99 Singapore Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 100 Singapore Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 101 Singapore Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 102 Singapore Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 103 Singapore Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 104 Singapore Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 105 Singapore Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 106 Singapore Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 107 Singapore Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 108 Singapore Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 109 Malaysia Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 110 Malaysia Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 111 Malaysia Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 112 Malaysia Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 113 Malaysia Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 114 Malaysia Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 115 Malaysia Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 116 Malaysia Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 117 Malaysia Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 118 Malaysia Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 119 Malaysia Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 120 Malaysia Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 121 Rest of Asia Pacific Choline Chloride Market, 2019 - 2022, USD Thousand
- TABLE 122 Rest of Asia Pacific Choline Chloride Market, 2023 - 2030, USD Thousand
- TABLE 123 Rest of Asia Pacific Choline Chloride Market, 2019 - 2022, Tonnes
- TABLE 124 Rest of Asia Pacific Choline Chloride Market, 2023 - 2030, Tonnes
- TABLE 125 Rest of Asia Pacific Choline Chloride Market, By Form, 2019 - 2022, USD Thousand
- TABLE 126 Rest of Asia Pacific Choline Chloride Market, By Form, 2023 - 2030, USD Thousand
- TABLE 127 Rest of Asia Pacific Choline Chloride Market, By Form, 2019 - 2022, Tonnes
- TABLE 128 Rest of Asia Pacific Choline Chloride Market, By Form, 2023 - 2030, Tonnes
- TABLE 129 Rest of Asia Pacific Choline Chloride Market, By Application, 2019 - 2022, USD Thousand
- TABLE 130 Rest of Asia Pacific Choline Chloride Market, By Application, 2023 - 2030, USD Thousand
- TABLE 131 Rest of Asia Pacific Choline Chloride Market, By Application, 2019 - 2022, Tonnes
- TABLE 132 Rest of Asia Pacific Choline Chloride Market, By Application, 2023 - 2030, Tonnes
- TABLE 133 key Information - Merck KGaA
- TABLE 134 Key Information - Kemin Industries, Inc.
- TABLE 135 Key information - Balchem Corporation
- TABLE 137 Key Information - spectrum chemical mfg.corp
- TABLE 138 Key Information - BASF SE
- TABLE 139 Key Information - Tokyo Chemical Industry Co., Ltd.
- TABLE 140 Key Information - Nuproxa Switzerland Ltd
- TABLE 141 Key Information - Pestell Nutrition Inc.
- TABLE 142 Key Information - Algry Quimica S.L.
