The Europe Choline Chloride market is accounted to US$ 152.9 Mn in 2018 and is expected to grow at a CAGR of 5.3% during the forecast period 2019 - 2027, to account to US$ 242.6 Mn by 2027.
Choline chloride is largely used as a feed additive for accelerating animal growth in which the animal feed has experienced a significant increase in the past few years. Choline chloride has also found a profound place in the oil and gas industry to be used as a clay stabilizer and has been estimated to create a significant opportunity for the choline chloride market all over the globe. Choline chloride is soluble in water as well as in alcohol which consists of deliquescent white crystals of neutral pH that makes it compatible to be consumed in the powdered or liquid form.
The Europe choline chloride market is segmented based on product as feed industry, human nutrition, oil and gas industry and others. The feed industry segment holds the largest share in the Europe choline chloride market. Choline chloride is used in the manufacturing of animal feed and aqua feed products due to its high nutritional profile and the necessity of choline in maintaining and building of structural cells in the animals. 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 also in the metabolic reactions and fat conversions. Additionally, rapid growth in the feed industry in Europe region is fuelling the growth of the choline chloride market in the feed industry.
Europe choline chloride market is segmented based on country as Germany, France, Russia, Italy, UK and Rest of Europe. The Germany holds the largest share in the Europe choline chloride market, which is followed by France. In Germany, the demand for animal food additive products has substantially increased, which has impacted the demand for choline chloride. Further, the demand for choline chloride is rising in the region due to growing consciousness among consumers related to the health benefits of choline chloride coupled with the increasing purchasing power to spend on products for better living.
Some of the players present in Europe choline chloride market are ALGRY Qu?mica, S.L, BASF SE, Balaji Amines Ltd., Balchem Corporation, Eastman Chemical Company, GHW EUROCHEMICALS s .r.o., Jubilant Life Sciences Limited and NB Group Co., Ltd amongst the others.
The overall Europe choline chloride market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe Choline chloride market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe choline chloride market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Choline Chloride Market - By End User
1.3.2 Europe Choline Chloride Market - By Country
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 - Europe
4.3 Expert Opinions
5. Choline Chloride Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Demand by the Poultry Feed
5.1.2 Importance of Choline Chloride in the Human Nutrition Industry
5.2 Restraints
5.2.1 Adverse Effects of Choline Chloride
5.3 Opportunity
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 - Europe Market Analysis
6.1 Europe Choline Chloride Market Overview
6.2 Europe Choline chloride Market Forecast and Analysis
6.3 Market Positioning - Europe Market Players Ranking
7. Europe Choline Chloride Market Analysis - By End Use Industry
7.1 Overview
7.2 Europe Choline Chloride Market Breakdown, By End-Use Industry, 2018 & 2027
7.3 Feed Industry
7.3.1 Overview
7.3.2 Europe Feed Industry Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)
7.4 Human Nutrition
7.4.1 Overview
7.4.2 Europe Human Nutrition Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
7.5 Oil & Gas Industry
7.5.1 Overview
7.5.2 Europe Oil & Gas Industry Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
7.6 Other Industries
7.6.1 Overview
7.6.2 Europe Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8. Choline Chloride Market - Country Analysis
8.1 Overview
8.1.1 Europe Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.1.3 Europe Choline Chloride Market Breakdown, by Key Countries
8.1.3.1 Germany Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.1.3.1.1 Germany Choline Chloride Market Breakdown by End-Use Industry
8.1.3.2 France Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.1.3.2.1 France Choline Chloride Market Breakdown by End-Use Industry
8.1.3.3 Italy Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.1.3.3.1 Italy Choline Chloride Market Breakdown by End-Use Industry
8.1.3.4 United Kingdom Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.1.3.4.1 United Kingdom Choline Chloride Market Breakdown by End-Use Industry
8.1.3.5 Russia Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.1.3.5.1 Russia Choline Chloride Market Breakdown by End-Use Industry
8.1.3.6 Rest of Europe Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ MN)
8.1.3.6.1 Rest of Europe Choline Chloride Market Breakdown by End-Use Industry
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
10. Company Profiles
10.1 Algry Qu?mica, 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
10.4 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 Eastman Chemical Company
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 GHW Eurochemicals S.R.O.
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
10.7 Jubilant Life Sciences Limited
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 NB Group Co., Ltd.
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
11. Appendix
11.1 About the Insight Partners
11.2 Glossary
LIST OF TABLES
Table 1. Europe Choline chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Europe Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 3. Australia Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 4. India Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 5. Japan Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 6. Indonesia Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 7. Vietnam Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 8. South Korea Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 9. Rest of Europe Choline chloride market Revenue and Forecasts to 2027 - By End use Industry (US$ Mn)
Table 10. Glossary of Terms, Choline chloride Market
LIST OF FIGURES
Figure 1. EuropeCholine chloride Market Segmentations
Figure 2. EuropeCholine chloride Market Segmentation - By Country
Figure 3. EuropeCholine chloride Market Overview
Figure 4. Feed Industry Segment Held Largest Share In The Europe Choline Chloride Market
Figure 5. China Dominated The EuropeCholine chloride Market In 2018
Figure 6. Europe Choline chloride Market, Industry Landscape
Figure 7. Europe- PEST Analysis
Figure 8. Europe Choline chloride Market Impact Analysis of Driver and Restraints
Figure 9. Europe Choline chloride Market Forecast And Analysis, (US$ Mn)
Figure 10. Europe Choline chloride Market Breakdown by End use Industry, 2018 & 2027 (%)
Figure 11. Europe Feed Industry Market Revenue Forecasts To 2027 (US$ Mn)
Figure 12. Europe Human Nutrition Market Revenue Forecasts To 2027 (US$ Mn)
Figure 13. Europe Oil and Gas Industry Market Revenue Forecasts To 2027 (US$ Mn)
Figure 14. Europe Other End use Industry Market Revenue Forecasts To 2027 (US$ Mn)
Figure 15. Europe Choline chloride market Breakdown by Key Countries, 2018 & 2027(%)
Figure 16. Germany Choline chloride market Forecasts to 2027 (US$ MN)
Figure 17. France Choline chloride market Forecasts to 2027 (US$ MN)
Figure 18. Italy Choline chloride market Forecasts to 2027 (US$ MN)
Figure 19. United Kingdom Choline chloride market Forecasts to 2027 (US$ MN)
Figure 20. Russia Choline chloride market Forecasts to 2027 (US$ MN)
Figure 21. Rest of EuropeCholine chloride market Forecasts to 2027 (US$ MN)
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The List of Companies - Europe Choline Chloride Market
1. ALGRY Qu?mica, S.L.
2. BASF SE
3. Balaji Amines Ltd.
4. Balchem Corporation
5. Eastman Chemical Company
6. Jubilant Life Sciences Limited
7. NB Group Co., Ltd.
8. GHW EUROCHEMICALS s.r.o.
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