Global Choline Chloride Market

Global Choline Chloride Market – Industry Trends and Forecast to 2025

The Global Choline Chloride Market is expected to reach 827.49 kilo tons by 2025, from 535.07 kilo tons in 2017 growing at a CAGR of 5.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market Definition Choline chloride is an organic compound that belongs to the fourth order ammonium salt. It is crystalline solid and colorless in its liquid form. Choline Chloride is naturally found in fungi, hop, kingcups and internal part of lecithin.

Choline chloride is mainly used as a nutritional component in animal feed which helps in the growth of animals, such as pig, rabbit, horse, and chicken. In animal feed, it is generally present as free choline or sometimes as its esterified forms such as glycerophosphocholine, phosphocholine, and phosphatidylcholine.

Choline chloride is widely used by animal feed and poultry industry, pharmaceuticals, health & personal care products, agriculture, food & beverage, and many more. According to the United States Department of Agriculture, in January 2018, the annual report on cattle and calves was estimated as 94.4 million per head, showing an increase by 0.7% from 2017.

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Market Segmentation

• By Grade Type (Food Grade, Chemical Grade) • By Ingredients (Hydrochloric acid, Ethylene Oxide, Trimethylamine) • By Application (Poultry feed, Swine feed, Ruminant feed, Aqua feed & others, Human nutrition and Oil & Gas, Others) • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Competitive Landscape

The global choline chloride market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of choline chloride market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Major Market Competitors • • • • • • • • • • • • • • • • • •

Eastman Chemical Company Kemin Industries, Inc. Balchem Inc. BASF SE Algry Química Jubilant Life Sciences Ltd BALAJI AMINES EC21 Inc Pestell Minerals & Ingredients Inc A&C Co. Inc. Be-Long Corporation Nb Group Co. Ltd Cangzhou Xindewei Animal Drug Co., Ltd Fano Group Limited Inquiry Before Buying @ Part Pishsaz Pooya https://www.databridgemarketresearch.com/inquir Shaanxi Xingwang Group Chinook Global Limited e-before-buying/?dbmr=global-choline-chlorideLIAONING BIOCHEM CO., LTD market

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