Choline Chloride Global Strategic Research Report 2024: Market to Reach $1.4 Billion by 2030 – Need to Increase Meat Production Puts Market in Overdrive

Dublin, June 17, 2024 (GLOBE NEWSWIRE) — The “Choline Chloride – Global Strategic Business Report” report has been added to the ResearchAndMarkets.com’s The offer of

The global market for choline chloride is valued at USD 1 billion in 2023 and is projected to reach USD 1.4 billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides a in-depth analysis of market trends. drivers and forecasts, helping you make informed business decisions.

Key insights:

• Market Growth: Understand the significant growth trajectory of the Poultry Feed Application segment, which is expected to reach USD 1.1 billion by 2030 at a CAGR of 4.5%. The Pig Feed Application segment is also set to grow at 0.9% CAGR over the next 7 years.
• Regional Analysis: Gain insight into the US market, valued at $281.2 million in 2023 and China, projected to grow at an impressive CAGR of 6.8% to reach $286.1 million by 2030. Discover the growth trends in regions of other key markets, including Japan, Canada, Germany, and Asia-Pacific.

Why you should buy this report:

• Detailed Market Analysis: Access a complete analysis of the Global Choline Chloride Market, covering all major geographies and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of key players in various geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Choline Chloride Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD million from 2023 to 2030.
• In-depth regional analysis: Detailed insights into key markets, including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
• Company Profiles: Covering major players like Algry Quimica, Balaji Amines Ltd., Balchem ​​Corporation, and more.
• Complementary updates: Get free report updates for a year to keep you informed of the latest market developments.

Main attributes:

MARKET SUMMARY

• Influencer Market Insights
• World Market Trajectories
• Global economic update
• Choline Chloride – A Prelude
• Developing Nations: Strong Growth Markets
• Recent market activity
• Animal feed – The main end-user industry for choline chloride
• An overview of the animal feed additive industry
• Competitive structure
• Competitive market presence – strong/active/country/irrelevant for worldwide players in 2024 (E)
• Choline Chloride – Global Top Competitors Market Share in 2024 (E)

MARKET TRENDS AND RIGHTS

• The current state of the global economy: A key indicator of growth
• Need to increase meat production: Puts the market into overdrive
• Expansion – The actual word in the market
• Increasing use of choline chloride in human supplements to propel well for market growth
• Booming aquaculture industry to increase demand for choline chloride
• Booming oil and gas industry to provide growth impetus to the choline chloride market
• Advantages of using choline salts over potassium chloride as a clay stabilizer
• Price – A major factor affecting growth in the animal feed market
• List of animal feed additives containing petrochemical derivatives as raw material
• Methanol – Key Input/Raw Material for the production of Choline Chloride
• Food Safety Measures – Tightened Further by Public Authorities
• A lack of scientific evidence plagues choline as a dietary supplement in humans
• Choline for the treatment of Alzheimer’s – A potential area for further research
• Poor bioavailability hinders its effectiveness

FOCUS ON SELECTED PLAYERS (Total 18 featured):

• Algry Quimica
• Balaji Amines Ltd.
• Balchem ​​Corporation
• BASF SE
• Be-Long Corporation
• Eastman Chemical Company
• Hebei Dayang Animal Healthcare Foods Co., Ltd.
• JJ Choline Limited
• Kemin Industries
• NB Group Co., Ltd.
• Pestell Minerals and Ingredients
• UAB Eksma Trade

For more information about this report, visit https://www.researchandmarkets.com/r/l9s5be

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