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Global Choline Chloride Market Growth 2018-2023
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https://www.marketresearchreportstore.com/reports/35293/global-choline-chloride-market
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Choline Chloride market for 2018-2023.
Choline chloride is an organic compound and a quaternary ammonium salt. It has a choline cation with chloride anion. Alternative names are hepacholine, biocolina and lipotril.
In terms of value, Asia-Pacific is the largest market, with China leading the region. Europe is the second major market of choline chloride, globally. Asia-Pacific is expected to remain the major market by 2019, with increasing consumption of choline chloride due to growing demand for meats especially poultry meat.
Over the next five years, LPI(LP Information) projects that Choline Chloride will register a 5.6% CAGR in terms of revenue, reach US$ 320 million by 2023, from US$ 230 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Choline Chloride market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Purity >99%
Purity
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