North America Choline Chloride Market to 2027 - Regional Analysis and Forecasts by End-Use Industry (Feed Industry, Human Nutrition, Oil and Gas Industry, Others (Skin and Hair Care)), and Country

Abstract
The choline chloride market in North America was valued at US$ 126.5 million in 2018 and is projected to reach US$ 203.9 million by2027; it is expected to grow at a CAGR of 5.5% from 2019 to 2027.

Choline chloride is largely used as an additive in animal feed to enhance the growth of animal. Choline chloride has also found a profound place in the oil and gas industry, where it is used as a clay stabilizer. Choline chloride is soluble in water as well as in alcohol and consists of deliquescent white crystals of neutral pH that makes it compatible to be consumed in the powdered or liquid form. The multiple application of choline chloride is expected to create a significant opportunity for choline chloride market across the world.

Based on product, the North American choline chloride market is segmented into feed industry, human nutrition, oil and gas industry, and others. The feed industry segment holds the largest share in the North American choline chloride market. Choline chloride is used in animal and aqua feed products, owing to its high nutritional profile and benefits associated with building 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 essential for the formation of vital body substances such as adrenaline and creatine, in metabolic reactions, and fat conversions. Moreover, rapid growth in the feed industry across North America is fuelling the growth of the choline chloride market.

Based on country, the North American choline chloride market is segmented into the US, Canada, and Mexico. The US dominates the North American choline chloride market, which is followed by Canada. The increase in demand for animal food additive products in the US has positively impacted the growth of choline chloride market in the region. Further, the growing awareness among consumers related to health benefits of choline chloride coupled with rise in purchasing capacity of population to spend on products for good health are boosting the demand for choline chloride in the region.

BASF SE, Balaji Amines Ltd., Balchem Corporation, Eastman Chemical Company, Jubilant Life Sciences Limited, NB Group Co., Ltd., and Pestell Minerals & Ingredients Inc. are among the key players present in the North American choline chloride market.

The overall North America choline chloride market size has been derived using both primary and secondary source. The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North American choline chloride market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who 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 specialized in choline chloride.

Content
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Choline Chloride Market - By End User
1.3.2 North America 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 - North America
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 - North America Market Analysis
6.1 North America Choline Chloride Market Overview
6.2 North America Choline Chloride Market Forecast and Analysis
6.3 Market Positioning - North America Market Players Ranking
7. North America Choline Chloride Market Analysis - By End Use Industry
7.1 Overview
7.2 North America Choline Chloride Market Breakdown, By End-Use Industry, 2018 & 2027
7.3 Feed Industry
7.3.1 North America Feed Industry Market Volume and Revenue Forecast to 2027 (KT, US$ Mn)
7.4 Human Nutrition
7.4.1 Overview
7.4.2 North America Human Nutrition Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
7.5 Oil & Gas Industry
7.5.1 Overview
7.5.2 North America Oil & Gas Industry Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
7.6 Other Industries
7.6.1 Overview
7.6.2 North America Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8. Choline Chloride Market - Country Analysis
8.1 Overview
8.1.1 North America Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.1.2 North America Choline Chloride Market Breakdown, by Key Countries
8.1.2.1 U.S. Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.1.2.1.1 US Choline Chloride Market Breakdown by End-Use Industry
8.1.2.2 Canada Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.1.2.2.1 Canada Choline Chloride Market Breakdown by End-Use Industry
8.1.2.3 Mexico Choline Chloride Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
8.1.2.3.1 Mexico Choline Chloride Market Breakdown by End-Use Industry
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 Merger and Acquisition
10. Company Profiles
10.1 Balaji Amines Ltd.
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
10.2 Balchem Corporation
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
10.2.6 Key Developments
10.3 BASF SE
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 Eastman Chemical Company
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 Jubilant Life Sciences Limited
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 NB Group Co., Ltd.
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 Pestell Minerals & Ingredients Inc.
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
10.7.6 Key Developments
11. Appendix
11.1 About the Insight Partners
11.2 Glossary



LIST OF TABLES
Table 1. North America Choline Chloride Market Revenue and Forecasts to 2027 (KT)
Table 2. North America Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Table 3. North America Choline Chloride Market Revenue and Forecasts to 2027 - By End Use Industry (KT)
Table 4. North America Choline Chloride Market Revenue and Forecasts to 2027 - By End Use Industry (US$ Mn)
Table 5. US Choline Chloride Market Volume and Forecasts to 2027 - By End-Use Industry (KT)
Table 6. US Choline Chloride Market Revenue and Forecasts to 2027 - By End-Use Industry (US$ Mn)
Table 7. Canada Choline Chloride Market Volume and Forecasts to 2027 - By End-Use Industry (KT)
Table 8. Canada Choline Chloride Market Revenue and Forecasts to 2027 - By End-Use Industry (US$ Mn)
Table 9. Mexico Choline Chloride Market Volume and Forecasts to 2027 - By End-Use Industry (KT)
Table 10. Mexico Choline Chloride Market Revenue and Forecasts to 2027 - By End-Use Industry (US$ Mn)
Table 11. Glossary of Terms, Choline Chloride Market

LIST OF FIGURES
Figure 1. North America Choline Chloride Market Segmentations
Figure 2. North America Choline Chloride Market Segmentation - By Country
Figure 3. North America Choline chloride Market Overview
Figure 4. Feed Industry Segment held largest share in the North America Choline Chloride Market
Figure 5. US Dominated The North America Choline Chloride Market In 2018
Figure 6. North America Choline Chloride Market, Industry Landscape
Figure 7. North America- PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Choline Chloride Market Impact Analysis of Driver and Restraints
Figure 10. North America Choline Chloride Market Forecast And Analysis, (KT)
Figure 11. North America Choline Chloride Market Forecast And Analysis, (US$ Mn)
Figure 12. North America Choline Chloride Market Breakdown by End Use Industry, 2018 & 2027 (%)
Figure 13. North America Feed Industry Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
Figure 14. North America Human Nutrition Market Volume and Revenue Forecasts To 2027 (KT, US$ Mn)
Figure 15. North America Oil & Gas Industry Market Volume and Revenue Forecasts To 2027 (KT, US$ Mn)
Figure 16. North America Other Industries Market Volume and Revenue Forecasts to 2027 (KT, US$ Mn)
Figure 17. North America Choline Chloride Market volume and Forecasts to 2027 (KT)
Figure 18. North America Choline Chloride Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. North America Choline Chloride Market Breakdown by Key Countries (US$ Mn), 2018 & 2027(%)
Figure 20. U.S. Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ Mn)
Figure 21. Canada Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ Mn)
Figure 22. Mexico Choline Chloride Market Revenue and Forecasts to 2027 (KT, US$ Mn)