Choline Chloride Market Size, Industry Trends Report | 2030

Report Description

The global choline chloride market is anticipated to register a substantial CAGR during the forecast period, between 2021 and 2028. Choline chloride is a naturally occurring chemical molecule. It is an organic molecule that is also known as vitamin B4. It is used as an additive in animal feed. This compound is primarily involved in metabolism and acts as a methyl donor. It is responsible for the formation and maintenance of cell function and structure. It is critical for animal growth and its consumption aids in the prevention of perosis and other illnesses such as fatty liver syndrome. Apart from being used as an animal feed additive, choline chloride is also used in human nutrition and as a clay stabilizer in the oil & gas industry.

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Market Trends, Drivers, Restraints, and Opportunities

• Growing food demand from the increasing population, as well as growing concerns about meat quality and the risk of animal diseases, are anticipated to propel the market expansion.
• Increased consumption of chicken meat and eggs, as well as the growing requirement for animal feed, boost the market expansion.
• Rising demand for processed meat and rise in the requirement for dietary supplements are estimated to fuel the market growth.
• The risk of negative health consequences is a major hindrance to the choline chloride market growth.
• The fluctuation of raw material costs, as well as a lack of customer awareness about the nutritional significance of choline, are estimated to hinder the expansion of the market.
• Growing use in the oil & gas sector, as well as R&D attempts to eliminate the adverse effects of choline chloride, provide numerous opportunities for the market players.

Scope of the report

The report on the global choline chloride market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Global Choline Chloride Market Segment Insights

50% segment is anticipated to hold significant market share

Based on grades, the global choline chloride market can be segmented into 98%, 60%, 70%, 75%, 50%, and others. The 50% segment is anticipated to hold significant market share due to numerous advantages such as lipid metabolism, cell membrane formation, neurological signaling, and liver health maintenance. Product demand is expected to rise due to an increase in demand for health-promoting and high-performance additives in the animal feed sector. The 50% grade choline chloride is commonly used in animal feed to improve ruminant diets and milk quality. Farmers and dairy industry participants are increasingly employing 50% grade powder and liquid preparations to improve the texture, flavour, and nutritional profile of milk products. Consumer preference for high-quality dairy products, rising requirement for high-quality feed additives, and increased industry competition are expected to drive the demand for 50% grade choline chloride.

Powder segment is anticipated to account for substantial share

On the basis of forms, the market can be bifurcated into liquid and powder. The powder segment is anticipated to account for substantial share. Powder forms are commonly employed in pharmaceutical and animal feed applications, which can enhance demand for the product. Choline chloride powder is combined with vitamins, minerals, and medications to treat human health issues such as pernicious anaemia, liver function degradation, hepatitis, and early cirrhosis. Changing perceptions of animal rights, as well as consumer demand for nutrient-rich feed, is anticipated to drive demand for powder forms of the product for animal feed applications. Powder form is commonly utilised in animal feed preparations and pet food. It is compatible with a wide range of natural components and is easily digestible, providing an appealing alternative to artificial enhancers. Farmers are increasingly using natural vitamins and additives to safeguard their animals from bacterial and viral outbreaks.

Oil & Gas segment expand at a robust pace during the projection timeline

In terms of end-users, the global choline chloride market is segregated into animal feed, human nutrition, oil & gas, personal care, pharmaceuticals, and others. The animal feed segment is further fragmented into poultry feed, aquaculture, cattle, swine, pet food. Furthermore, the poultry feed is classified into broilers and layers. The oil & gas segment is anticipated to expand at a robust pace during the projection timeline. Choline chloride is a good clay stabiliser, ensuring cost effectiveness and increasing production rates in the oil & gas industry. Choline chloride aids in the resolution of a variety of issues that develop during oil drilling operations, including fines migration, permeability reduction, and wellbore instability. Because the product is biodegradable, it is a more environmentally friendly alternative to traditional clay stabilisers. Choline chloride is an excellent fracturing fluid and cross-linker for illite, mixed layer, and smectite clay minerals. Rising domestic and industrial energy consumption increased the development of natural gas resources, and technological advancement can propel the oil & gas segment.

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North America is expected to dominate the market

In terms of regions, the market is categorized as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to dominate the market owing to the growing healthcare sector. The presence of many pharmaceutical firms in the region, and increase in the number of people suffering from chronic liver disease, as well as the development of hepatitis disease outbreaks across the US can promote the market growth in the region. Furthermore, as a result of the increased urge to try new goods and shifting palates, consumers in the US and Canada choose bacon-based breakfast options over pancakes.

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