North America Choline Chloride Market to 2027 - Regional Analysis and Forecasts by End-Use Industry (Feed Industry, Human Nutrition, Oil and Gas Industry, Others (Skin and Hair Care)), and Country

TIPRE00009831 | Pages: 104 | Chemicals and Materials | Mar 2020 | Type: Regional | Status: Published

The North America choline chloride market is accounted to US$ 126.5 Mn in 2018 and is expected to grow at a CAGR of 5.5% during the forecast period 2019 – 2027, to account to US$ 203.9 Mn by 2027.

 

Choline chloride is largely used as a feed additive for accelerating animal growth in which the animal feed has experienced a significant increase in the past few years. Choline chloride has also found a profound place in the oil and gas industry to be used as a clay stabilizer and has been estimated to create a significant opportunity for the choline chloride market all over the globe. Choline chloride is soluble in water as well as in alcohol which consists of deliquescent white crystals of neutral pH that makes it compatible to be consumed in the powdered or liquid form.

 

North America Choline Chloride Market

North America Choline Chloride Market

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Market Insights   

Growing demand by the poultry feed to favor the North America choline chloride market

Choline chloride is an important feed additive that is primarily used in poultry feed. Choline chloride, i.e., 2-hydroxyethyl-trimethyl ammonium hydroxide, is a rich source of vitamin B4 that has recently been claimed as a performance promoter in poultry. Choline in poultry feed helps in the prevention of conditions such as liver enlargement and perosis. Most significantly, the compound acts as a lipotropic agent that helps avoid the abnormal fatty infiltration in the liver and ensures proper metabolism of the body. It has been reported that the young chicken requires choline-rich diet due to their inability to synthesize it at a moderate rate, whereas the females are less susceptible to choline deficiency. The egg contains ~12–13 mg choline per gram dried whole egg mass. The white egg laying strain needs ~1,300 900 and 500 mg of choline/kg diet during the 21 weeks of age. Thus, the rising demand for poultry from the nations all over the globe has been a factor contributing to the rise and development of the choline chloride market. The increasing awareness and implementation of choline chloride coupled, with the functional properties of choline, have also favored the choline chloride market growth in North America.      

             

End Use Industry Insights

The North America choline chloride market is segmented on the basis of end use industry is segmented into feed industry, human nutrition, oil and gas industry and others. The feed industry segment is expected to lead the North America choline chloride market over the forecast period. Choline chloride is used in the manufacturing of animal feed and aqua feed products due to its high nutritional profile and the necessity of choline in maintaining and building of structural cells in the animals. Choline is induced in the vitamin B group that principally occurs as a methyl group donator. These labile methyl groups are necessary for the formation of vital body substances such as adrenaline and creatine and also in the metabolic reactions and fat conversions. Additionally, rapid growth in the feed industry in North America region is fuelling the growth of the choline chloride market in the feed industry.


Mexico Choline Chloride Market by Product

Mexico Choline Chloride Market by Product

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NORTH AMERICA CHOLINE CHLORIDE MARKET SEGMENTATION

Choline Chloride Market, by End User Industry
  • Feed Industry
  • Human Nutrition
  • Oil and Gas Industry
  • Others
Company Profiles
  • Balaji Amines Ltd.
  • Balchem Corporation
  • BASF SE
  • Eastman Chemical Company
  • Jubilant Life Sciences Limited
  • NB Group Co., Ltd
  • Pestell Minerals & Ingredients Inc.

 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Choline Chloride Market – By End User

1.3.2        North America Choline Chloride Market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Choline chloride Market Landscape

4.1         Market Overview

4.2         PEST Analysis – North America

4.3         Expert Opinions

5.           Choline Chloride Market – Key Industry Dynamics

5.1         Market Drivers

5.1.1        Growing Demand by the Poultry Feed

5.1.2        Importance of Choline Chloride in the Human Nutrition Industry

5.2         Restraints

5.2.1        Adverse Effects of Choline Chloride

5.3         Opportunity

5.3.1        Application of Choline Chloride in Oil & Gas Industry

5.4         Future trends

5.4.1        Growing Demand of Choline Chloride from Aquaculture Industry

5.5         Impact Analysis of Drivers and Restraints

6.           Choline Chloride – North America Market Analysis

6.1         North America Choline Chloride Market Overview

6.2         North America Choline Chloride Market Forecast and Analysis

6.3         Market Positioning – North America Market Players Ranking

7.           North America Choline Chloride Market Analysis –  By End Use Industry

7.1         Overview

7.2         North America Choline Chloride Market Breakdown, By End-Use Industry, 2018 & 2027

7.3         Feed Industry

7.3.1        North America Feed Industry Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)

7.4         Human Nutrition

7.4.1        Overview

7.4.2        North America Human Nutrition Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)

7.5         Oil & Gas Industry

7.5.1        Overview

7.5.2        North America Oil & Gas Industry Volume and Revenue Forecasts to 2027 (KT, US$ Mn)

7.6         Other Industries

7.6.1        Overview

7.6.2        North America Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)

8.           Choline Chloride Market – Country Analysis

8.1         Overview

8.1.1        North America Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)

8.1.2        North America Choline Chloride Market Breakdown, by Key Countries

8.1.2.1          U.S. Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)

8.1.2.1.1          US Choline Chloride Market Breakdown by End-Use Industry

8.1.2.2          Canada Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)

8.1.2.2.1          Canada Choline Chloride Market Breakdown by End-Use Industry

8.1.2.3          Mexico Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)

8.1.2.3.1          Mexico Choline Chloride Market Breakdown by End-Use Industry

9.           Industry Landscape

9.1         Overview

9.2         Market Initiative

9.3         Merger and Acquisition

10.       Company Profiles

10.1      Balaji Amines Ltd.

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.2      Balchem Corporation

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3      BASF SE

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     ey Developments

10.4      Eastman Chemical Company

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5      Jubilant Life Sciences Limited

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.6      NB Group Co., Ltd.

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products and Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.7      Pestell Minerals & Ingredients Inc.

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.7.6     Key Developments

11.       Appendix

11.1      About the Insight Partners

11.2      Glossary

LIST OF TABLES

Table 1.             North America Choline Chloride Market Revenue and Forecasts to 2027 (Kilo Tons)

Table 2.             North America Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)

Table 3.             North America Choline Chloride Market Revenue and Forecasts to 2027 – By End Use Industry (Kilo Tons)

Table 4.             North America Choline Chloride Market Revenue and Forecasts to 2027 – By End Use Industry (US$ Mn)

Table 5.             US Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)

Table 6.             US Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)

Table 7.             Canada Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)

Table 8.             Canada Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)

Table 9.             Mexico Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)

Table 10.          Mexico Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)

Table 11.          Glossary of Terms, Choline Chloride Market

LIST OF FIGURES

Figure 1.           North America Choline Chloride Market Segmentations

Figure 2.           North America Choline Chloride Market Segmentation – By Country

Figure 3.           North America Choline chloride Market Overview

Figure 4.           Feed Industry Segment held largest share in the North America Choline Chloride Market

Figure 5.           US Dominated The North America Choline Chloride Market In 2018

Figure 6.           North America Choline Chloride Market, Industry Landscape

Figure 7.           North America– PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           North America Choline Chloride Market Impact Analysis of Driver and Restraints

Figure 10.        North America Choline Chloride Market Forecast And Analysis, (Kilo Tons)

Figure 11.        North America Choline Chloride Market Forecast And Analysis, (US$ Mn)

Figure 12.        North America Choline Chloride Market Breakdown by End Use Industry, 2018 & 2027 (%)

Figure 13.        North America Feed Industry Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)

Figure 14.        North America Human Nutrition Market Volume and Revenue Forecasts To 2027 (KT, US$ Mn)

Figure 15.        North America Oil & Gas Industry Market Volume and Revenue Forecasts To 2027 (KT, US$ Mn)

Figure 16.        North America Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)

Figure 17.        North America Choline Chloride Market volume and Forecasts to 2027 (KT)

Figure 18.        North America Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.        North America Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)

Figure 20.        U.S. Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)

Figure 21.        Canada Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)

Figure 22.        Mexico Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)

The List of Companies - North America Choline Chloride Market

  1. BASF SE
  2. Balaji Amines Ltd.
  3. Balchem Corporation
  4. Eastman Chemical Company
  5. Jubilant Life Sciences Limited
  6. NB Group Co., Ltd.
  7. Pestell Minerals & Ingredients Inc.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America choline chloride market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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