Press release
Global Choline Chloride Market Expected to Witness a Sustainable Growth over 2024
Choline chloride is a quaternary ammonium salt and an organic compound. It is white crystalline solid and colorless in its liquid form. Choline chloride is used as a nutritional component in animal feed which accelerate the growth of different pets & animal, such as chicken, rabbit, pig, horse, and mice. It is present in animal feed as free choline or in its esterified forms such as, phosphocholine, glycerophosphocholine, and phosphatidylcholine.
In consumption market, China and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2018, these regions occupied 54.07% of the global consumption volume in total.
According to this study, over the next five years the Choline Chloride market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 665 million by 2024, from US$ 610.6 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Choline Chloride business, shared in Chapter 3.
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This report presents a comprehensive overview, market shares, and growth opportunities of Choline Chloride market by product type, application, key manufacturers and key regions and countries.
This study considers the Choline Chloride value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Balchem
Balaji Amines
Eastman
Algry Química
Jubilant Life Sciences
BASF
Impextraco
MGC Advanced Chemical
VIV Interchem
Yokkaichi Chemical
Liaoning Bicochem
Jinan Asia Pharmaceutical
Aocter Group
GHW
Kangtai Chemical
Jujia Biotech
Dazheng Feed Science & Technology
NB Group
Market Segment by Type, covers
50% Purity
60% Purity
70% Purity
75% Purity
98% Purity
Others
Market Segment by Applications, can be divided into
Animal Feeds
Fracturing Fluids
Food and Pharmaceuticals
Others
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Related Information:
North America Choline Chloride Market Growth 2019-2024
United States Choline Chloride Market Growth 2019-2024
Asia-Pacific Choline Chloride Market Growth 2019-2024
Europe Choline Chloride Market Growth 2019-2024
EMEA Choline Chloride Market Growth 2019-2024
Global Choline Chloride Market Growth 2019-2024
China Choline Chloride Market Growth 2019-2024
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Choline chloride is a quaternary ammonium salt which is white crystalline in solid form and colourless in its liquid form. It is also known as vitamin B4. It is used as a feed additive and acts as a methyl donor.
Browse complete “Choline Chloride” report with TOC @ https://www.strategymrc.com/report/choline-chloride-market
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