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North America Choline Chloride Market to 2027 - Regional Analysis and Forecasts by End-Use Industry, and Country

  • ID: 5018045
  • Report
  • March 2020
  • Region: North America
  • 104 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2020
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FEATURED COMPANIES

  • Balaji Amines Ltd.
  • Balchem Corporation
  • BASF SE
  • Eastman Chemical Company
  • NB Group Co., Ltd.
  • MORE
The choline chloride market in North America was valued at US$ 126.5 million in 2018 and is projected to reach US$ 203.9 million by2027; it is expected to grow at a CAGR of 5.5% from 2019 to 2027.

Choline chloride is largely used as an additive in animal feed to enhance the growth of animal. Choline chloride has also found a profound place in the oil and gas industry, where it is used as a clay stabilizer. Choline chloride is soluble in water as well as in alcohol and consists of deliquescent white crystals of neutral pH that makes it compatible to be consumed in the powdered or liquid form. The multiple application of choline chloride is expected to create a significant opportunity for choline chloride market across the world.

Based on product, the North American choline chloride market is segmented into feed industry, human nutrition, oil and gas industry, and others. The feed industry segment holds the largest share in the North American choline chloride market. Choline chloride is used in animal and aqua feed products, owing to its high nutritional profile and benefits associated with building 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 essential for the formation of vital body substances such as adrenaline and creatine, in metabolic reactions, and fat conversions. Moreover, rapid growth in the feed industry across North America is fuelling the growth of the choline chloride market.

Based on country, the North American choline chloride market is segmented into the US, Canada, and Mexico. The US dominates the North American choline chloride market, which is followed by Canada. The increase in demand for animal food additive products in the US has positively impacted the growth of choline chloride market in the region. Further, the growing awareness among consumers related to health benefits of choline chloride coupled with rise in purchasing capacity of population to spend on products for good health are boosting the demand for choline chloride in the region.

BASF SE, Balaji Amines Ltd., Balchem Corporation, Eastman Chemical Company, Jubilant Life Sciences Limited, NB Group Co., Ltd., and Pestell Minerals & Ingredients Inc. are among the key players present in the North American choline chloride market.

The overall North America choline chloride market size has been derived using both primary and secondary source. The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North American choline chloride market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in choline chloride.

Reasons to Buy:
  • 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.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Balaji Amines Ltd.
  • Balchem Corporation
  • BASF SE
  • Eastman Chemical Company
  • NB Group Co., Ltd.
  • MORE
1. Introduction
1.1 Scope of the Study
1.2 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 Key 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 Publisher
11.2 Glossary
Note: Product cover images may vary from those shown
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  • BASF SE
  • Balaji Amines Ltd.
  • Balchem Corporation
  • Eastman Chemical Company
  • Jubilant Life Sciences Limited
  • NB Group Co., Ltd.
  • Pestell Minerals & Ingredients Inc.
Note: Product cover images may vary from those shown
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