The Choline Chloride Market is expected at USD 0.5 billion in 2022 and is anticipated to extend an over USD 1.1 billion by 2028. The Choline Chloride Market is estimated to experience reasonable growth to record a CAGR of 5.39%
Choline chloride is related to metabolism and acts as a methyl donor. Helps build and maintain the structure and function of cells. Natural foods contain varying amounts of choline because manufacturers add the chemical to their food. It is added as a solution of a certain quality to the raw material to improve the supply of nutrients in the animals. In the recent past, it has been observed that the food additives market has experienced significant growth due to factors such as the demand for high-quality poultry products and feed.
Choline chloride, also known as hepacholine, biocholine, and lipotril, is a quaternary ammonium salt that contains a choline cation and a chloride anion. In the laboratory, it is prepared by methylation of methyl chloride with dimethylethanolamine. Choline Chloride is a white or deliquescent-appearing crystalline solid. It belongs to one of the categories of B vitamins and is therefore used as a dietary supplement or as a nutrient. Animal feed is one of the most important application segments for choline chloride, as it is used as a building block for acetylcholine, lecithin (phosphatidylcholine), and ceramides that contribute to the general development of animals. Helps accelerate the growth of animals such as chickens, pigs, rabbits, and others. In addition, it helps to inhibit perosis and liver enlargement in animals. In addition to animal feed, choline chloride is an essential nutrient for human consumption as it helps fight apoptosis, hypercholesterolemia, disease leverage, etc. Choline chloride also finds application in the oil and gas industry, where it is used to stabilize clay during drilling and stimulation slate. Therefore, choline chloride finds a large number of applications in the animal feed industry which is expected to drive the growth of the choline chloride market during the forecast period.
The increasing use of choline chloride in the oil and gas industry as a clay stabilizer is expected to create high-growth pathways. Rising research and development activities to reduce the toxic effects if choline chloride is promoting the growth rate of the market.
Choline Chloride Market Drivers:
Choline chloride has a significant role in pharmaceutical industries is enhancing the demand of the market. In addition, the increasing demand for food products is expected to feed the market demand for choline chloride. The rise in the standard of living has directly led to an increase in the demand for meat products is also an important factor that is expected to fuel the demand for choline chloride during the forecast period.
Choline Chloride Market Restraints:
However, due to the dangerous effects on human health, such as vomiting, diarrhea, gastrointestinal disorders, inhalation problems, etc. During its preparation, the use of choline chloride was regulated and restricted by health and safety management authorities for end-use applications.
Opportunities in the Choline Chloride Market:
Industry-leading contributors have invested heavily in R&D projects to develop superior quality, cost-effective choline chloride products with reduced toxic impacts. Increasing use in the oil and gas industry promises many growth opportunities for the market. R&D initiatives aimed at mitigating the harmful effects of choline chloride provide many opportunities for industry participants.
Challenges in the Choline Chloride Market:
Due to the dangerous effects on human health such as vomiting, diarrhea, gastrointestinal disturbances, inhalation problems, etc. During its preparation, the use of choline chloride was regulated and restricted by health and safety management authorities for end-user applications. Furthermore, the fluctuation of raw material costs is another key factor that is expected to hamper the growth of the Choline Chloride market during the forecast period.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2022-2028 |
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Base Year |
2022 |
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Forecast Period |
2023-2028 |
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CAGR |
5.39% |
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Segments Covered |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
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Market Leaders Profiled |
Algry Quimica Sl, Kemin Industries Inc., Balchem Corporation, Taminco Corporation, Jubilant Life Sciences Ltd., Balaji Amines Ltd., Basf Se, Pestell Mineral & Ingredients, Be–Long Corporation,, A&C Co. Inc., Havay Chemicals, Nb Group Co. |
By Grade:
Depending on the Grade, the 70% segment had a significant share of the choline chloride market in 2019. % of active substance choline chloride by weight. The product is also widely used as a feed additive for calves, crustaceans, fish, poultry, pigs and pet food due to its ability to prevent fatty liver disease, improve muscle control and growth.
By Form:
Based on the Form, the liquid segment had a significant share of the choline chloride market in 2019. The product is widely adopted in the poultry feed industry due to its ability to enhance growth and performance, nutrient utilization, fat metabolism, and enhance reproductive capacity in animals. Choline supplementation helps increase weight gain in broilers and plays an essential role in egg yolk formation in laying hens.
By End-user:
On the basis of the end-user, Choline Chloride is an excellent clay stabilizer that ensures profitability and improves production rates in the oil and gas industry. Choline Chloride helps address several challenges that arise in oil drilling operations, such as reduced permeability, fine migration, and wellbore instability. The biodegradable nature of the product makes it an environmentally friendly substitute for conventional clay stabilizers. Choline Chloride is ideal for mixed layers, illite, and smectite clay minerals and is highly compatible with conventional fracturing fluids and crosslinking agents.
The Choline Chloride Report includes the segmentation of Regions:
The Asia-Pacific region is expected to dominate the choline chloride markets during the forecast period. Factors such as the significant increase in the animal feed industry together with macroeconomic factors such as the increase in disposable income are important factors for the growth of the choline chloride market. Furthermore, the growing demand for food due to strong population growth is expected to experience strong growth during the forecast period. China has made progress in shale gas exploration both in terms of drilling capacity and techniques, making it one of the world's leading suppliers of shale gas. Such a dominant position in the shale gas market has conferred an enormous demand for hydraulic fracturing, creating a huge demand for the country's choline chloride market. North America and Europe are expected to see steady growth during the forecast period due to strong demand from the processed meat and poultry industry. The increasing use of choline chloride in the oil and gas industry and the poultry industry has created enormous potential for growth in the Middle East and Latin America.
Balchem and Akzo Nobel initially announced the acquisition on April 2, 2007. In 2006, Akzo Nobel Marano Ticino reported sales of approximately $ 35 million (United States). Methylamines are a major component in the manufacture of choline products and have several other chemical applications.
Both lines have applications in pet nutrition. According to the company, the KeyShure line of chelated trace elements offers superior bioavailability than other chelated and inorganic minerals. The improved bioavailability allows for lower mineral concentrations in the animals' diet. The line also features improved handling characteristics. The grainy texture reduces dust and improves flowability and the larger particle size also improves mixability for a more even distribution. Inorganic minerals can react with other compounds in their environment and can bind to nonabsorbable compounds like oxalates and phytates and pass through an animal without being absorbed.
Kemin Industries, a global manufacturer of ingredients, has introduced 2 new product lines in its portfolio of Ruminant Essentials solutions for animal nutrition and health. New products include Kessent, a product line of the new rumen-protected methionine developed and produced by Kemin, an amino acid required in ruminant feeding, that works with lysine, also an ingredient in Kemin, for precision feeding.
Due to COVID-19, lockdown regulations, and insufficient numbers of workers, production in various chemical and other industries has decreased and the supply of raw materials to industries has decreased. On the other hand, unfavorable conditions due to the COVID-19 outbreak are hampering the choline chloride market growth.
The major players covered in the Choline Chloride Market report are
Balaji Amines Ltd., Basf Se
Pestell Mineral & Ingredients
Be–Long Corporation, A&C Co. Inc.
Havay Chemicals
Nb Group Co.
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