Choline Chloride Market Size - By Grade (50%, 75%, 70%, 60%, 98%), By Form (Powder, Liquid), By Application (Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals, Animal Feed), Growth Prospects, Regional Outlook & Forecast, 2024 - 2032
Description
Choline Chloride Market Size - By Grade (50%, 75%, 70%, 60%, 98%), By Form (Powder, Liquid), By Application (Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals, Animal Feed), Growth Prospects, Regional Outlook & Forecast, 2024 - 2032
The Choline Chloride Market is expected to record a CAGR of 7.6% during 2024-2032, fueled by increasing awareness of animal health & nutrition, along with the focus on preventive healthcare in livestock farming.
The global population's steady rise has led to an increased demand for meat and poultry products worldwide. According to FAO, By 2030, poultry meat is projected to comprise 41% of the global protein from meat sources, marking a 2-percentage point increase from the base period. To meet this demand and ensure optimal animal health and growth, choline chloride has emerged as a widely utilized feed additive within the livestock and poultry industries. Choline chloride plays a pivotal role in promoting animal growth, enhancing feed efficiency, and preventing disorders like fatty liver and perosis in poultry. Its effectiveness in supporting animal health and improving productivity has made it indispensable for livestock producers.
The Choline Chloride Market is classified based on grade, form, application and region.
75% grade segment is expected to record significant traction through 2032, owing to its widespread applications in the animal feed sector. With its high concentration of choline chloride, the 75% grade segment is preferred by feed manufacturers seeking to enhance animal health and productivity. Its versatility and effectiveness in promoting growth and preventing diseases in livestock and poultry contribute to its sustained demand.
Powder form segment share is anticipated to surge over the forecast period, owing to its ease of handling, storage, and application across various industries. Its fine powder consistency allows for uniform mixing in animal feed formulations, ensuring precise dosage and distribution. Moreover, powdered choline chloride exhibits excellent solubility, making it suitable for incorporation into liquid feed supplements and premixes. The convenience, cost-effectiveness, and versatility in formulation applications is anticipated to further enhance the product’s appeal.
Asia Pacific choline chloride industry size is set to record a notable growth through 2032, driven by the region's thriving livestock and poultry industries. China, India, and Southeast Asian countries are witnessing rapid urbanization, rising disposable incomes, and changing dietary preferences, leading to increased meat consumption. As a result, the demand for high-quality animal feed additives is on the rise to support the growing livestock production and improve feed efficiency. Furthermore, the expanding pharmaceutical and personal care industries in the region is creating a lucrative growth potential for market players.
Table of Contents
180 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & workings
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Technology & innovation landscape
- 3.3 Regulatory landscape
- 3.4 Industry impact forces
- 3.4.1 Growth drivers
- 3.4.2 Industry pitfalls & challenges
- 3.5 Growth potential analysis
- 3.6 Porter's analysis
- 3.6.1 Supplier power
- 3.6.2 Buyer power
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
- 3.6.5 Industry rivalry
- 3.7 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
- Chapter 5 Market Size and Forecast, By Grade, 2018 - 2032 (USD Million, Kilo tons)
- 5.1 Key trends
- 5.2 50%
- 5.3 75%
- 5.4 70%
- 5.5 60%
- 5.6 98%
- 5.7 Others
- Chapter 6 Market Size and Forecast, By Form, 2018 - 2032 (USD Million, Kilo tons)
- 6.1 Key trends
- 6.2 Powder
- 6.3 Liquid
- Chapter 7 Market Size and Forecast, By Application, 2018 - 2032 (USD Million, Kilo tons)
- 7.1 Key trends
- 7.2 Animal feed
- 7.2.1 Poultry feed
- 7.2.1.1 Broilers
- 7.2.1.2 Layers
- 7.2.1.3 Swine
- 7.2.2 Cattle
- 7.2.3 Aquaculture
- 7.2.4 Petfood
- 7.3 Oil & gas
- 7.4 Human nutrition
- 7.5 Personal care
- 7.6 Pharmaceuticals
- 7.7 Others
- Chapter 8 Market Size and Forecast, By Region, 2018 - 2032 (USD Million, Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of MEA
- Chapter 9 Company Profiles
- 9.1 Algry Quimicia SI
- 9.2 Balaji Amines
- 9.3 Balchem Inc.
- 9.4 BASF SE
- 9.5 Eastman Chemical Company
- 9.6 GHW International
- 9.7 Imperial Group Limited
- 9.8 Jublient Life Sciences
- 9.9 Kemin Industries
- 9.10 Nuproxa Switzerland
- 9.11 Pestell Minerals & Ingredients
- 9.12 SDA Products
- 9.13 Sigma Aldrich
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