Choline chloride market growth is driven by increased poultry meat consumption | BASF, Eastman, Balchem, SDA Produts, Sigma Aldrich

A recent breakthrough in the global choline chloride market is indicative of how efficiently this business space has carved a profitable niche for itself in the billion dollar bulk and specialty chemicals industry. As per reliable reports, a clinical stage company engrossed in development of treatment for rare and specialty diseases- Protara Therapeutics-had in May 2020 announced receiving Fast Track designation for its Intravenous Choline Chloride for treatment of IFALD (intestinal failure associated liver disease) from the U.S Food and Drug Administration. According to officials, this move is expected to support potential for IV Choline Chloride to cater as the much-needed therapy for IFALD patients.

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On the other hand, another instance testifying the rising prominence of choline chloride is Balchem Corp’s 2020 expansion of PuraChol choline chloride and KeyShure chelated minerals product lines. These lines are said to meet the applications in companion animal nutrition. Speaking on the expansion of PuraChol range of choline products, it has been apprehended the newly introduced products would be made available in different forms, concentrations, and carrier options, with liquid choline being one of the most common applications in companion animal nutrition.

Such initiatives certainly offer a glimpse of the impending scenario of global choline chloride market, which according to the Global Market Insights, Inc., report is anticipated to record a valuation of USD 675 million by the end of 2026, on the grounds of following growth drivers and trends:

Increased poultry meat consumption to drive
choline chloride market

Choline chloride is deemed to be an ideal feed additive that is required in considerable amounts for optimum animal growth. The compound induces animal growth through building and maintain cell structure as well as its function over a large span of time. What has been driving the adoption of choline chloride lately is an upsurge in consumption of poultry across various geographies. In fact, as per FAO reports, it has been demonstrated that the global consumption of poultry meat on 2015 was somewhere around 13.8 kg per capita and is expected to reach over 17.2 capita by the end of 2030. The growth can be ascribed to the rising disposable income aligned with better standard of living.

Moreover, considering the elevating poultry consumption, it is important to mention that liquid choline chloride is expected to witness phenomenal gains over the forecast time period, given its extensive adoption in poultry feed industry. This is subject to the product’s capability to enhance growth and performance, improve reproductive ability in animals, and support nutrient utilization. Liquid choline chloride also boasts of the ability to prevent health disorders
like leg deformity and liver enlargement in chicks.

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Enhanced poultry consumption in Asia Pacific
Asia Pacific has stood out in the realm of choline chloride business landscape, owing to the increased consumption of poultry meat across the states in the continent. As a matter of fact, China is set to record tremendous gains in Asia Pacific choline chloride market due to massive intake of poultry meat which has in turn generated high cognizance regarding the animal nutrition and companion health.

The regional market outlook is also expected to be influenced on accounts of rising population paired with surging demand for luxury food, that has in turn propelled the growth of overall poultry industry in the region.

Major Companies covered in the market are BASF, Eastman Chemicals, Kemin Industries, Nuproxa Switzerland, GWH International, Balaji Amines, Pestell Minerals & Ingredients, Balchem, SDA Produts, Sigma Aldrich, Jublient Life Sciences, and Algry Quimicia SL.

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