Title: Choline Chloride Market - Forecast(2021 - 2026)
1Choline Chloride Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Choline Chloride Market size is forecast to reach
1.1 billion by 2025, after growing at a CAGR of
5.1 during 2020-2025. Choline chloride is an
organic compound. It is used in the animal feed
additive. It is mainly related with the
metabolism and act as methyl donor. It builds and
maintains cell structure and function. - it is very essential for growing animal and its
feed intake helps in preventing perosis,
conditions like fatty liver syndrome, etc. Apart
from animal feed additive, choline chloride
market also finds application in human nutrition
and as a clay stabilizer in oil and gas industry.
One of the major factors driving growth in the
choline chloride market is increasing consumption
of poultry meat and egg.
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- Key Takeaways
- New product developments and increasing
investments in research and development of
choline chloride are expected to drive the growth
of this market. - Among end users, oil gas segment is projected
to lead the choline chloride market during the
forecast period. - Asia Pacific dominated the choline chloride
market.
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By Distribution Channel- Segment Analysis 70
segment held a significant share in choline
chloride market in 2019. Choline chloride 70 is
primarily available in the form of a colorless to
amber colored viscous liquid or a tan colored
powder with a characteristic odor containing 70
choline chloride active substance by weight.
Choline chloride 70 finds widespread adoption in
the oil gas sector as an ideal substitute for
potassium chloride owing to its greater
performance in clay stabilization, compatibility
with drilling muds and safe environmental
profile. The product is also widely used as a
feed additive for calves, crustaceans, fish,
poultry, pigs and pet food pertaining to its
ability to prevent fatty liver, improved muscle
control and growth performance.
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- Choline Chloride Market Industry Outlook
- Balchem Corporation
- Taminco
- BASF SE
- Algry Química
- Havay Chemical Company
- NB Group Co
- Jubilant Life Science
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chloride-market.html
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