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Choline Chloride Market by End-User (Poultry feed, Swine feed, Ruminant feed, Aqua feed & others, Human nutrition and Oil & Gas, and Misc. applications), and Geography - Regional Trends & Forecast to 2019
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MarketsandMarkets Presents • Choline Chloride Market • Regional Trends & Forecast to 2019 http://www.marketsandmarkets.com/Market-Reports/choline-chloride-market-195412353.html
Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, choline chloride market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. • The factors driving growth in the choline chloride market are increasing consumption of poultry meat and egg, growing demand for meats in the Asia-Pacific region, and increasing awareness for feed supplements among the end-users. The market is anticipated to experience huge growth due to enormous potential offered by these drivers. http://www.marketsandmarkets.com/Market-Reports/choline-chloride-market-195412353.html
http://www.marketsandmarkets.com/Market-Reports/choline-chloride-market-195412353.htmlhttp://www.marketsandmarkets.com/Market-Reports/choline-chloride-market-195412353.html • The market is driven by the increasing demand for high yield of meat, egg, and milk products from animals (poultry, swine, and ruminants) and also with good quality, along with the huge demand from the oil and gas applications. The demand for choline chloride is also increasing in the aqua feed application as the aqua feed industry is showing high growth. The penetration of choline chloride is low in developing regions and these regions will be showing high growth in the future as awareness increases. http://www.marketsandmarkets.com/Market-Reports/choline-chloride-market-195412353.html
Asia-Pacific region dominated the market volume in 2013, globally. U.S., China, Brazil, India, and Russia are the major countries with a huge demand for choline chloride. Asia-Pacific region is also expected to show the highest growth rate of 6.4% from 2014 to 2019 for the overall market. • The market for choline chloride in terms of volume is expected to reach 596.9 kilo tons by 2019, growing at a CAGR of 5.6% from 2014 to 2019. Asia-Pacific dominated the choline chloride market volume in 2013. Asia-Pacific is expected to remain the major market by 2019, growing at a CAGR of 6.4% from 2014 to 2019. Choline chloride within poultry feed market is expected to be the fastest growing market, with a CAGR of 5.7% from 2014 to 2019, owing to the rising consumption of poultry meat and shift in preferences for meat globally http://www.marketsandmarkets.com/Market-Reports/choline-chloride-market-195412353.html
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