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Choline Chloride Market Share

Report ID: GMI3788
Published Date: Feb 2024
Report Format: PDF

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Choline Chloride Market Share

In the competitive choline chloride industry, key players are concentrating on extending their business footprint through a variety of strategies such as technological advancements, collaborations, and catering to rising demand in the animal feed, oil & gas, nutraceuticals, and pharmaceuticals sectors. The market is rapidly expanding, driven by rising demand for sustainable and natural components. Companies are investing in R&D to enhance and innovate choline chloride production, in response to the choline chloride' numerous applications and advantages.

Choline Chloride Market Companies

Major companies operating in the choline chloride industry include:

Algry Quimicia SI
Balaji Amines
Balchem Inc.
BASF SE
Eastman Chemical Company
GHW International
IMPERIAL GROUP LIMITED
Jublient Life Sciences
Kemin Industries
Nuproxa Switzerland
Pestell Minerals & Ingredients
SDA Products
Sigma Aldrich

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of choline chloride reached USD 546 million in 2023 and is set to register 7.6% CAGR from 2024 to 2032, owing to the increasing animal feed demand, poultry consumption and higher meat, and improved understanding of animal nutrition worldwide.

The 50% grade choline chloride segment recorded USD 138.5 million in 2023, due to its simplicity and adaptability of incorporation into other feed types.

North America market size was valued at USD 131.9 million in 2023, due to the presence of a vast and advanced animal feed network.

BASF SE, Eastman Chemical Company, GHW International, IMPERIAL GROUP LIMITED, Jublient Life Sciences, Kemin Industries, Nuproxa Switzerland, Pestell Minerals & Ingredients, SDA Products, and Sigma Aldrich some of the major choline chloride companies worldwide.