Global Choline Chloride Market Size (2024 - 2029)

The choline chloride market is anticipated to experience growth over the forecast period, driven primarily by increasing demand from the poultry industry and its emerging role in human nutrition as a supplement. The market's expansion is supported by ongoing research into its applications in various industries, including oil and gas and biodiesel purification. Despite challenges posed by animal disease outbreaks, the market is expected to continue its upward trajectory, with the Asia-Pacific region maintaining its position as the largest market.

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Market Size of Global Choline Chloride Industry

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Choline Chloride Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Choline Chloride Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Choline Chloride Market Analysis

During the time frame of the forecast, the market for choline chloride is expected to grow at a CAGR of more than 4%.

The COVID-19 pandemic had both short- and long-term effects on the pork industry, in terms of production and processing. As the transportation of animals falls under government control, the lockdown has brought many pig processing industries to a complete halt. However, the market started to grow in 2021 as several restrictions were removed, and today it is expected to continue growing during the forecast period.

  • The major factor driving the growth of the market is the increasing demand from the poultry industry. Also, the fact that choline chloride is important for a healthy nervous system, brain development, muscle movement, a better metabolism, and a liver that works well is likely to make it more popular as a supplement in the human nutrition industry.
  • On the flip side, animal disease outbreaks remain the most significant risk to the choline chloride market.
  • The ongoing research on using choline chloride as a clay stabilizer in the oil and gas industry, the purification of biodiesel with choline chloride-based deep eutectic solvents (DES), and the commercial production of Russian shale oil using choline chloride are all expected to help the studied market grow.
  • The Asia-Pacific region was the biggest market for choline chloride, and it is expected to remain the biggest market during the forecast period.

Choline Chloride Industry Segmentation

Choline chloride makes a vital nutrient for poultry animals and is majorly consumed as poultry feed. It serves as a methyl donor and is a feed supplement. The purpose of choline chloride is to protect chickens from ailments including perosis and hepatic hypertrophy. Choline chloride's primary functions are to act as a lipotropic agent and to prevent aberrant liver fatty penetration (fatty liver syndrome), which helps to maintain a healthy body's metabolism.

The choline chloride market is segmented by application and geography. By application, the market is segmented into poultry feed, swine feed, pet feed, human nutrition, oil and gas, and other applications. The report also covers the market sizes and forecasts for the choline chloride market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done based on value (USD million).

Application
Poultry Feed
Swine Feed
Pet Feed
Human Nutrition
Oil and Gas
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Global Choline Chloride Market Size Summary

The choline chloride market is poised for significant growth, driven primarily by the increasing demand from the poultry industry. This growth trajectory is supported by the compound's essential role in promoting a healthy nervous system, brain development, and effective metabolism, making it a valuable supplement in human nutrition as well. The market's expansion is further bolstered by ongoing research into its applications in the oil and gas industry, such as clay stabilization and biodiesel purification. Despite the potential risks posed by animal disease outbreaks, the market is expected to thrive, with the Asia-Pacific region maintaining its position as the largest market during the forecast period.

Choline chloride serves as a crucial additive in animal feed, particularly for poultry, helping to prevent conditions like fatty liver syndrome and supporting proper nutrient utilization. The rising demand for animal protein, especially poultry, is anticipated to positively impact the market. China's robust livestock industry and its position as a leading producer of animal feed further underscore the market's potential. The domestic demand for choline chloride is expected to grow, supported by the animal feed, pet food, and shale gas industries. The global market is moderately consolidated, with key players investing in product line expansions to meet the increasing global demand.

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Global Choline Chloride Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rapidly Growing Demand from the Poultry Industry

      2. 1.1.2 Increased Intake as Human Nutrition Supplements

    2. 1.2 Restraints

      1. 1.2.1 Animal Disease Outbreaks

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Application

      1. 2.1.1 Poultry Feed

      2. 2.1.2 Swine Feed

      3. 2.1.3 Pet Feed

      4. 2.1.4 Human Nutrition

      5. 2.1.5 Oil and Gas

      6. 2.1.6 Other Applications

    2. 2.2 Geography

      1. 2.2.1 Asia-Pacific

        1. 2.2.1.1 China

        2. 2.2.1.2 India

        3. 2.2.1.3 Japan

        4. 2.2.1.4 South Korea

        5. 2.2.1.5 Rest of Asia-Pacific

      2. 2.2.2 North America

        1. 2.2.2.1 United States

        2. 2.2.2.2 Canada

        3. 2.2.2.3 Mexico

      3. 2.2.3 Europe

        1. 2.2.3.1 Germany

        2. 2.2.3.2 United Kingdom

        3. 2.2.3.3 Italy

        4. 2.2.3.4 France

        5. 2.2.3.5 Rest of Europe

      4. 2.2.4 South America

        1. 2.2.4.1 Brazil

        2. 2.2.4.2 Argentina

        3. 2.2.4.3 Rest of South America

      5. 2.2.5 Middle-East and Africa

        1. 2.2.5.1 Saudi Arabia

        2. 2.2.5.2 South Africa

        3. 2.2.5.3 Rest of Middle-East and Africa

Global Choline Chloride Market Size FAQs

The Global Choline Chloride Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Eastman Chemical Company, BASF SE, IMPERIAL GROUP LIMITED, GHW International and Balchem Inc. are the major companies operating in the Global Choline Chloride Market.

Choline Chloride Market Report Snapshots

Choline Chloride Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)