Sep 15, 2021   SOURCE: BusinessWire

Insights on the Choline Chloride Global Market to 2027 - Featuring Balaji Amines, Balchem and BASF Among Others - ResearchAndMarkets.com

The "Choline Chloride - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Choline Chloride estimated at 543.6 Thousand Tons in the year 2020, is projected to reach a revised size of 703.8 Thousand Tons by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027.

Poultry Feed, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach 565.9 Thousand Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Swine Feed segment is readjusted to a revised 1.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at 146.6 Thousand Tons, While China is Forecast to Grow at 6.9% CAGR

The Choline Chloride market in the U.S. is estimated at 146.6 Thousand Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 150.2 Thousand Tons by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Other Applications Segment to Record 2.5% CAGR

In the global Other Applications segment, USA, Canada, Japan, China and Europe will drive the 2.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of 24.2 Thousand Tons in the year 2020 will reach a projected size of 28 Thousand Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 99.1 Thousand Tons by the year 2027, while Latin America will expand at a 3.3% CAGR through the analysis period.

Select Competitors (Total 18 Featured):

  • Algry Quimica
  • Balaji Amines Ltd.
  • Balchem Corporation
  • BASF SE
  • Be-Long Corporation
  • Eastman Chemical Company
  • Hebei Dayang Animal Healthcare Foods Co., Ltd.
  • JJ Choline Limited
  • Kemin Industries
  • NB Group Co., Ltd.
  • Pestell Minerals & Ingredients
  • UAB Eksma Trade

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Choline Chloride - A Prelude
  • Developing Nations: Strong Growth Markets
  • Recent Market Activity
  • Animal Feed - Key End-User Industry for Choline Chloride
  • An Overview of the Animal Feed Additives Industry
  • Competitive Structure

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Current State of the Global Economy: A Key Growth Indicator
  • Need to Increase Meat Production: Puts the Market in Overdrive
  • Expansion - Current Buzzword in the Market
  • Rising Use of Choline Chloride in Human Supplements to Augur Well for Market Growth
  • Booming Aquaculture Industry to Raise the Demand for Choline Chloride
  • Booming Oil & Gas Industry to Offer Growth Impetus to Choline Chloride Market
  • Advantages of Using Choline Salts over Potassium Chloride, as a Clay Stabilizer
  • Price - A Major Factor Influencing Growth in Animal Feed Market
  • List of Animal Feed Additives that Contain Petrochemical Derivatives as Raw Material
  • Methanol - Key Input/Raw Material for Choline Chloride Manufacture
  • Food Safety Measures - Further Tightened by Public Authorities
  • Lack of Scientific Evidence Plagues Choline as Diet Supplements in Humans
  • Choline for the Treatment of Alzheimer's -A Potential Area for Further Research
  • Poor Bioavailability Precludes its Effectiveness

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/c9iyby