Choline Chloride Market Key Players Analysis 2031
The choline chloride market is expected to grow from US$ 793.80 million in 2022 to US$ 1,114.62 million by 2031. It is estimated to grow at a CAGR of 5.0% from 2022 to 2031.
Choline, as an essential nutrient required for optimal health, is produced by chemical synthesis. Choline is induced in the vitamin B group that principally occurs as a methyl group donator. These labile methyl groups are necessary for the formation of vital body substances such as adrenaline and creatine and in metabolic reactions and fat conversions. Choline also has other functions in the metabolism as the building block, which cannot be replaced by methionine or betaine. Choline chloride has been intensively used in animal feed and appears as a liquid solution with a concentration of 75% as this concentration is stable. The choline chloride market for the feed industry segment is subsegmented into animal feed and aqua feed.
The choline chloride market in Asia Pacific is further segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The emerging countries in Asia Pacific are witnessing an upsurge in the middle-class population, along with growth in urbanization, which offers ample opportunities for the key players in the choline chloride market. The choline chloride industry in the countries of Asia Pacific has experienced a huge shift over the years. Asia Pacific is the largest continent in the world and is known for its food and feed products. The expenditure alloted toward the development of the food & beverages, cosmetics, and pharmaceutical industries has grown significantly and is further anticipated to grow, during the forecast period. Rising foreign direct investments also lead to economic growth in the region. Rising awareness about the health benefits and increasing usage of choline chloride in personal care products are propelling the market growth in the region. Rising expenditure on research and development activities to diversify the application base of choline chloride has also led to market growth.
Strategic Insights
Market Insights
Rising Application of Choline Chloride in Aquaculture Industry to Drive Choline Chloride Market During Forecast Period
Aquaculture involves the farming of fish, crustaceans, molluscs, aquatic plants, and other organisms. This method helps produce food and other commercially used products, replenish wild stock, and rebuild the aquatic population. Aquaculture involves the farming of animals and plants in inland or freshwater and coastal areas. Consumable fish and other seafood species are an important source of nutrients and are regarded as the cheapest form of animal protein. As most capture fisheries across the world are considered to be fully exploited or overexploited, aquaculture is considered as an important sector to meet growing demand for fish. The growing aquaculture sector has awareness to promote the health of species and increase the productivity of species using several feed additives, such as choline chloride. Choline is used to improve fat metabolism, strike energy balance, and boost the overall productivity of the aquaculture species. It is considered to be an important derivative of methylamine, which is mainly used as a vitamin substitute and animal feed additive to promote the growth of aquaculture species. Aquaculture feeds based on choline chloride are extensively used to improve protein density.
End-Use Industry Insights
Based on end-use industry, the choline chloride market is segmented into feed industry (animal feed and aqua feed), human nutrition, oil & gas industry, and others. In 2021, the feed industry segment held the largest market share.
Algry Química, S.L; Balaji Amines Ltd.; Balchem Corporation; BASF SE; Be-Long Corporation; Eastman Chemical Company; GHW Eurochemicals S.R.O.; Jubilant Life Sciences Limited; Jubilant Life Sciences Limited; and Pestell Minerals & Ingredients Inc. are among the key players in the choline chloride market. The leading players adopt strategies such as mergers and acquisitions and product launches to expand their geographic presence and clientele.
Report Spotlights
- Progressive trends in the choline chloride industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the choline chloride market from 2021 to 2031
- Estimation of the demand for choline chloride
- Porter’s Five Forces Analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, and factors driving and restraining the choline chloride market growth
- Understanding strategies that underpin commercial interest with regard to the choline chloride market growth, aiding in the decision-making process
- Choline chloride market size at various nodes of market
- Detailed overview and segmentation of the choline chloride market, and its industry dynamics
- Choline chloride market size in various regions with promising growth opportunities
The "Global Choline Chloride Market Forecast to 2031" is a specialized and in-depth study of the chemicals & materials industry, focusing on the choline chloride market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The choline chloride market is segmented on the basis of end-use industry.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Choline Chloride Market – By End-Use Industry
1.3.2 Global Choline Chloride Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Choline Chloride Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Expert Opinions
5. Choline Chloride Market – Key Industry Dynamics
5.1 Key Drivers
5.1.1 Growing Demand by the Poultry Feed
5.1.2 Importance of Choline Chloride in the Human Nutrition Industry
5.2 Key Restraints
5.2.1 Adverse Effects of Choline Chloride
5.3 Key Opportunities
5.3.1 Application of Choline Chloride in Oil & Gas Industry
5.4 Future Trends
5.4.1 Growing Demand of Choline Chloride from Aquaculture Industry
5.5 Impact Analysis Of Drivers And Restraints
6. Choline Chloride – Global Market Analysis
6.1 Global Choline Chloride Market Overview
6.2 Global Choline Chloride Market Volume and Revenue Forecasts to 2027
6.3 Market Positioning – Global Market Players Ranking
7. Global Choline Chloride Market Analysis – By End-Use Industry
7.1 Overview
7.2 Global Choline Chloride Market Breakdown, By End-Use Industry, 2018 & 2027
7.3 Feed Industry
7.3.1 Overview
7.3.1.1 Global Feed Industry Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)
7.3.2 Animal Feed
7.3.2.1 Global Animal Feed Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)
7.3.3 Aqua Feed
7.3.3.1 Global Aqua Feed Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)
7.4 Human Nutrition
7.4.1 Overview
7.4.2 Global Human Nutrition Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
7.5 Oil & Gas Industry
7.5.1 Overview
7.5.2 Global Oil & Gas Industry Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
7.6 Other Industries
7.6.1 Overview
7.6.2 Global Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8. Choline Chloride market – Geographical Analysis
8.1 Overview
8.2 North America Choline Chloride Market Volume and Revenue Forecasts to 2027
8.2.1 North America Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.2.2 North America Choline Chloride Market Breakdown by End-Use Industry
8.2.3 North America Choline Chloride Market Breakdown, by Key Countries
8.2.3.1 U.S. Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.2.3.1.1 US Choline Chloride Market Breakdown by End-Use Industry
8.2.3.2 Canada Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.2.3.2.1 Canada Choline Chloride Market Breakdown by End-Use Industry
8.2.3.3 Mexico Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.2.3.3.1 Mexico Choline Chloride Market Breakdown by End-Use Industry
8.3 Europe Choline Chloride Market Volume And Revenue Forecasts To 2027
8.3.1 Europe Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.3.2 Europe Choline Chloride Market Breakdown by End-Use Industry
8.3.3 Europe Choline Chloride Market Breakdown, by Key Countries
8.3.3.1 Germany Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.3.3.1.1 Germany Choline Chloride Market Breakdown by End-Use Industry
8.3.3.2 France Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.3.3.2.1 France Choline Chloride Market Breakdown by End-Use Industry
8.3.3.3 Italy Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.3.3.3.1 Italy Choline Chloride Market Breakdown by End-Use Industry
8.3.3.4 United Kingdom Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.3.3.4.1 United Kingdom Choline Chloride Market Breakdown by End-Use Industry
8.3.3.5 Russia Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.3.3.5.1 Russia Choline Chloride Market Breakdown by End-Use Industry
8.3.3.6 Rest of Europe Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.3.3.6.1 Rest of Europe Choline Chloride Market Breakdown by End-Use Industry
8.4 Asia Pacific Choline Chloride Market Volume and Revenue Forecasts to 2027
8.4.1 Asia Pacific Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.4.2 Asia Pacific Choline Chloride Market Breakdown by End-Use Industry
8.4.3 Asia Pacific Choline Chloride Market Breakdown, by Key Countries
8.4.3.1 Australia Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.4.3.1.1 Australia Choline Chloride Market Breakdown by End-Use Industry
8.4.3.2 China Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.4.3.2.1 China Choline Chloride Market Breakdown by End-Use Industry
8.4.3.3 India Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.4.3.3.1 India Choline Chloride Market Breakdown by End-Use Industry
8.4.3.4 Japan Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.4.3.4.1 Japan Choline Chloride Market Breakdown by End-Use Industry
8.4.3.5 South Korea Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.4.3.5.1 South Korea Choline Chloride Market Breakdown by End-Use Industry
8.4.3.6 Rest of Asia Pacific Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.4.3.6.1 Rest of Asia Pacific Choline Chloride Market Breakdown by End-Use Industry
8.5 Middle East and Africa Choline Chloride Market Volume and Revenue Forecasts to 2027
8.5.1 Middle East and Africa Choline Chloride Market Volume and Revenue Forecasts to 2027 (US$ MN)
8.5.2 Middle East and Africa Choline Chloride Market Breakdown by End-Use Industry
8.5.3 Middle East and Africa Choline Chloride Market Breakdown, by Key Countries
8.5.3.1 South Africa Choline Chloride Market Volume and Revenue Forecasts to 2027 (US$ MN )
8.5.3.1.1 South Africa Choline Chloride Market Breakdown by End-Use Industry
8.5.3.2 Saudi Arabia Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN )
8.5.3.2.1 Saudi Arabia Choline Chloride Market Breakdown by End-Use Industry
8.5.3.3 UAE Choline Chloride Market Volume And Revenue Forecasts to 2027 (KT, US$ MN )
8.5.3.3.1 UAE Choline Chloride Market Breakdown by End-Use Industry
8.5.3.4 Rest of MEA Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN )
8.5.3.4.1 Rest of MEA Choline Chloride Market Breakdown by End-Use Industry
8.6 South America Choline Chloride Market Volume and Revenue Forecasts to 2027
8.6.1 South America Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.6.2 South America Choline Chloride Market Breakdown by End-Use Industry
8.6.3 South America Choline Chloride Market Breakdown, by Key Countries
8.6.3.1 Brazil Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.6.3.1.1 Brazil Choline Chloride Market Breakdown by End-Use Industry
8.6.3.2 Argentina Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.6.3.2.1 Argentina Choline Chloride Market Breakdown by End-Use Industry
8.6.3.3 Rest of South America Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.6.3.3.1 Rest of South America Choline Chloride Market Breakdown by End-Use Industry
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 Merger and Acquisition
10. Key Company Profiles
10.1 Algry Química, S.L
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Balaji Amines Ltd.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.3 Balchem Corporation
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 BASF SE
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Be-Long Corporation
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.6 Eastman Chemical Company
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 GHW Eurochemicals S.R.O.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.8 Jubilant Life Sciences Limited
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 NB Group Co., Ltd.
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.10 Pestell Minerals & Ingredients Inc.
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary
LIST OF TABLES
Table 1. Global Choline Chloride Market Volume And Revenue Forecasts To 2027 (KT, US$ MN)
Table 2. North America Choline Chloride Market volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 3. North America Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 4. US Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 5. US Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 6. Canada Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 7. Canada Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 8. Mexico Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 9. Mexico Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 10. Europe Choline Chloride Market Volume And Forecasts To 2027 – By End-Use Industry (KT)
Table 11. Europe Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 12. Germany Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 13. Germany Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 14. France Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 15. France Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 16. Italy Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 17. Italy Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 18. United Kingdom Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 19. United Kingdom Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 20. Russia Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 21. Russia Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 22. Rest of Europe Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 23. Rest of Europe Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 24. Asia Pacific Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 25. Asia Pacific Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 26. Australia Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 27. Australia Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 28. China Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 29. China Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 30. India Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 31. India Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 32. Japan Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 33. Japan Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 34. South Korea Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 35. South Korea Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 36. Rest of Asia Pacific Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 37. Rest of Asia Pacific Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 38. Middle East And Africa Choline Chloride Market Volume And Forecasts To 2027 – By End-Use Industry (KT)
Table 39. Middle East And Africa Choline Chloride Market Revenue And Forecasts To 2027 – By End-Use Industry (US$ Mn)
Table 40. South Africa Choline Chloride Market volume and Forecasts To 2027 – By End-Use Industry (KT)
Table 41. South Africa Choline Chloride Market Revenue and Forecasts To 2027 – By End-Use Industry (US$ Mn)
Table 42. Saudi Arabia Choline Chloride Market volume and Forecasts To 2027 – By End-Use Industry (KT)
Table 43. South Africa Choline Chloride Market Revenue and Forecasts To 2027 – By End-Use Industry (US$ Mn)
Table 44. UAE Choline Chloride Market volume and Forecasts To 2027 – By End-Use Industry (KT)
Table 45. UAE Choline Chloride Market Revenue and Forecasts To 2027 – By End-Use Industry (US$ Mn)
Table 46. Rest of MEA Choline Chloride Market volume and Forecasts To 2027 – By End-Use Industry (KT)
Table 47. Rest of MEA Choline Chloride Market Revenue and Forecasts To 2027 – By End-Use Industry (US$ Mn)
Table 48. South America Choline Chloride Market volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 49. South America Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 50. Brazil Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 51. Brazil Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 52. Argentina Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 53. Argentina Choline Chloride Market Revenue and Forecasts to 2027 – By End-Use Industry (US$ Mn)
Table 54. Rest of South America Choline Chloride Market Volume and Forecasts to 2027 – By End-Use Industry (KT)
Table 55. Rest of South America Choline Chloride Market Revenue And Forecasts To 2027 – By End-Use Industry (US$ Mn)
Table 56. Glossary of Terms, Global Choline Chloride Market
LIST OF FIGURES
Figure 1. Choline Chloride Market Segmentation
Figure 2. Choline Chloride Market Segmentation – By Region
Figure 3. Global Choline Chloride Market Overview
Figure 4. Automotive and Transportation Segment Is Expected To Show Remarkable Traction During The Forecast Period
Figure 5. Asia Pacific Region Held Largest Share In The Global Choline Chloride market
Figure 6. Global Choline Chloride Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe – PEST analysis
Figure 9. Asia Pacific PEST Analysis
Figure 10. Middle East & Africa PEST Analysis
Figure 11. South America PEST Analysis
Figure 12. Expert Opinion
Figure 13. Choline Chloride Market Impact Analysis Of Driver And Restraints
Figure 14. Geographic Overview of Choline Chloride Market
Figure 15. North America Choline Chloride Market Volume and Forecasts to 2027 (KT)
Figure 16. North America Choline Chloride Market Revenue and Forecasts to 2027 (US$ MN)
Figure 17. Global Choline Chloride Market Breakdown By End-use industry, By Value, 2018 & 2027 (%)
Figure 18. Global Feed Industry Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
Figure 19. Global Animal Feed Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
Figure 20. Global Aqua Feed Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)
Figure 21. Global Human Nutrition Market Volume and Revenue Forecasts To 2027 (KT, US$ Mn)
Figure 22. Global Others Market Volume and Revenue Forecasts To 2027 (KT, US$ Mn)
Figure 23. Global Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
Figure 24. Choline Chloride Market, Global Breakdown by Regions (US$ Mn), 2018 & 2027 (%)
Figure 25. North America Choline Chloride Market volume and Forecasts to 2027 (KT)
Figure 26. North America Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. North America Choline Chloride Market Breakdown by End-Use Industry (US$ Mn), 2018 & 2027 (%)
Figure 28. North America Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)
Figure 29. U.S. Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 30. Canada Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 31. Mexico Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 32. Europe Choline Chloride Market Volume and Forecasts to 2027 (KT)
Figure 33. Europe Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. Europe Choline Chloride Market Breakdown by End-Use Industry (KT), 2018 & 2027 (%)
Figure 35. Europe Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)
Figure 36. Germany Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 37. France Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 38. Italy Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 39. United Kingdom Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 40. Russia Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 41. Rest of Europe Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 42. Asia Pacific Choline Chloride Market volume and Forecasts to 2027 (KT)
Figure 43. Asia Pacific Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 44. Asia Pacific Choline Chloride Market Breakdown by End-Use Industry (US$ Mn), 2018 & 2027 (%)
Figure 45. Asia Pacific Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)
Figure 46. Australia Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 47. China Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 48. India Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 49. Japan Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 50. South Korea Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 51. Rest of Asia Pacific Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 52. Middle East And Africa Choline Chloride Market volume and Forecasts To 2027 (KT)
Figure 53. Middle East And Africa Choline Chloride Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 54. Middle East and Africa Choline Chloride Market Breakdown by End-Use Industry (US$ Mn), 2018 & 2027 (%)
Figure 55. Middle East and Africa Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)
Figure 56. South Africa Choline Chloride Market volume and Revenue Forecasts To 2027 (US$ Mn)
Figure 57. Saudi Arabia Choline Chloride Market volume and Revenue Forecasts To 2027 (KT, US$ Mn)
Figure 58. UAE Choline Chloride Market Volume And Revenue Forecasts to 2027 (KT, US$ MN )
Figure 59. Rest of MEA Choline Chloride Market volume and Revenue Forecasts To 2027 (KT, US$ Mn)
Figure 60. South America Choline Chloride Market volume and Forecasts to 2027 (KT)
Figure 61. South America Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 62. South America Choline Chloride Market Breakdown by End-Use Industry (US$ Mn), 2018 & 2027 (%)
Figure 63. South America Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)
Figure 64. Brazil Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 65. Argentina Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
Figure 66. Rest of South America Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ MN)
The List of Companies - Choline Chloride Market
- Algry Química, S.L
- Balaji Amines Ltd.
- Balchem Corporation
- BASF SE
- Be-Long Corporation
- Eastman Chemical Company
- GHW Eurochemicals S.R.O.
- Jubilant Life Sciences Limited.
- NB Group Co., Ltd
- Pestell Minerals & Ingredients Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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