NEWS: Choline Chloride Market — Global Industry Analysis and Forecast 2020 to 2027

Choline Chloride Market: Summary

The Global Choline Chloride Market is projected to reach a value of over USD 690 million by 2027 at a CAGR of around 5.2%.

Choline Chloride is a quaternary ammonium salt and an organic compound. It is also known as vitamin B4, is used in medications used preventing perosis by maturation and healing bone cartilages. It found naturally in fungi, hop, kingcups and internal parts of lecithin. Choline chloride is used as a nutritional component in animal feed which accelerate the growth of different pets & animal, such as chicken, rabbit, pig, horse, and many others. Choline chloride present in animal feed as free choline or its esterified forms such as phosphocholine, glycerophosphocholine, and phosphatidylcholine. Moreover, it is an essential nutrient and also used in humans as a supplement.

Choline Chloride Market: Drivers & Challenges

Market Driver:

  • High Demand from Poultry Feed Industry

Choline chloride is widely consumed by the animal feed end-use industry. It is used as a feed additive for growing poultry animals. The demand for choline chloride is increasing from poultry feed due to increasing demand for eggs, and high yield meat. It is used as an essential feed additive amongst animal species, particularly chickens. It is also known as vitamin B4 and is an organic compound. Choline chloride helps to build and maintaining the cell structure due to it is related to metabolism and act as a methyl donor. Choline chloride offers benefits to animals including prevention of perosis, a condition in animals like fatty liver syndrome.

Meat consumption (Kilograms/capita, 2019)

Source: Organisation for Economic Co-operation and Development

Market Restraint:

  • Potential for Adverse Health Impacts

Despite benefits of choline chloride to human health, it has some hazardous effects to human health such as vomiting, diarrhea, gastrointestinal distress and inhalation problems etc. during its preparation, the use of Choline Chloride has been regulated and restrained by health and safety management authorities for end-use applications. Moreover, high doses of choline by mouth is possibly unsafe for humans. Doses over the Daily Upper Intake Levels are more likely to cause side effects such as sweating, a fishy body odor, gastrointestinal distress, diarrhea, and vomiting. There is some concern that increasing dietary choline intake might increase the risk of cancer of the colon and rectum. Which is likely to hamper the growth of the choline chloride market up to a certain extent.

Choline Chloride Market: Key Segments

  • Segmentation based on the form: Powder, and Liquid

Choline Chloride Market: Report Scope

The report on the Choline Chloride market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report FeaturesSpecificsHistorical/Estimated/Forecasted Market Size Years2019–2027Base Year for Market Calculation2019Forecasted Period2020–2027 (2020 estimated year, forecasted up to 2027)Measured UnitsValue (USD Million) and Volume (Kiloton)Segments IncludedForm, End-Use Industry, and RegionRegional CoverageNorth America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • ALGRY Química, S.L. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

Choline Chloride Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Choline Chloride Market, by Form

  • Powder

Choline Chloride Market, by End-Use Industry

  • Animal Feed

Choline Chloride Market, by Region

  • North America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?

Report Audience

  • Choline Chloride Market Providers

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE CHOLINE CHLORIDE MARKET STUDY

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