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Choline bitartrate Market Business Opportunities, Challenges, Drivers and Restraint Research Report by 2030
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According to a new report published by Allied Market Research, titled, "Choline bitartrate Market," The choline bitartrate market was valued at $410.2 million in 2021, and is estimated to reach $736.2 million by 2031, growing at a CAGR of 6.1% from 2022 to 2031
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Choline bitartrate is utilized in the different wellbeing-related issues. It is primarily utilized in dietary supplements. Choline supplements are used to lower cholesterol, reduce mood swings, and protect the liver from alcohol damage. Besides, choline bitartrate can also lower blood pressure, improve memory and treat Alzheimer's disease. Choline can also improve athletic performance and helps prevent neural tube defects during pregnancy. Its acceptance in the infant dietary food, supplementary dietary foods, foods & beverages industry will drive the market demand. Rising awareness regarding essential nutrition and growing emphasis on preventive health care will propel the demand for choline bitartrate in upcoming years.
The choline bitartrate industry is classified into type, application, and region. On the basis of type, the market is segmented into DL, D, and L. On the basis of application, the market is divided into pharmaceutical & nutritional supplement, food & beverage, baby food, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Among the regions, North America held the highest share of the global choline bitartrate market in 2021 owing to increase in demand for baby food and infant formula products.
Key Market Players:
Balchem Inc., Celtic Chemicals Ltd, Nutragreenlife Biotechnology Co.,Ltd, Cepham Life Sciences, NutriScience Innovations, LLC, Puyer Group, MP Biomedicals, TOKYO CHEMICAL INDUSTRY CO., LTD., Fengchen Group Co.,Ltd, Glentham Life Sciences Ltd
COVID-19 Analysis:
The COVID-19 pandemic has had extraordinary consequences on the choline bitartrate market's end-use industries. It also has an influence on the supply of active materials and ingredients (mostly from China), as well as the import and export of pharmaceutical products, where demand has increased to strengthen people's immunity. Physical barriers, such as the skin and gut epithelium, are part of the innate immune system and assist prevent pathogen entrance. It also comprises leukocytes (white blood cells) that try to locate and eradicate invading infections, such as neutrophils, macrophages (which release cytokines), and natural killer cells. However, health concerns were not taken seriously before the COVID-19 outbreak. Due to the COVID-19 outbreak, the health awareness among the populace has grown and the pharmaceutical sector has benefited from dietary supplements. The growing demand for dietary supplements is predicted to drive the market for choline bitartrate globally during the COVID-19 pandemic.
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Q1. What are the key factors boosting the choline bitartrate market growth?
A. Rise in demand for infant formula, increased demand for fortified food & beverages, and various health benefits of choline bitartrate are the major factors that drive the growth of the global choline bitartrate market.
Q2. What will be the market value of choline bitartrate in the forecast period 2022 to 2031?
A. The global choline bitartrate market was valued at $410.2 million in 2021, and is projected to reach $736.2 million by 2031, registering a CAGR of 6.1% from 2022 to 2031.
Q3. What are the most established players of the global choline bitartrate market?
A. The key players operating in the global choline bitartrate market include Balchem Inc.; Celtic Chemicals Ltd; Cepham Life Sciences; Fengchen Group Co.,Ltd; Glentham Life Sciences Ltd; MP Biomedicals; Nutragreenlife Biotechnology Co.,Ltd; NutriScience Innovations, LLC; Puyer Group; and TOKYO CHEMICAL INDUSTRY CO., LTD
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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