Global Choline Chloride Market to Reach 515.3 Thousand Tons by 2017, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Choline Chloride markets. The world market for Choline Chloride is forecast to reach 515.3 thousand tons by the year 2017, propelled by increasing demand as supplement in various end-use industries such as feed for poultry, swine and fish farming. With rising disposable incomes and better living standards, poultry consumption is being increasingly favored over pork or beef, spelling robust potential for the Choline Chloride market. Future growth is primarily driven by the developing markets of Central and South Americas and the Far Eastern countries, particularly China.

Choline Chloride: A Global Strategic Business Report

Follow us on LinkedIn – Choline chloride, a derivative of methylamine is primarily used as a vitamin substitute or supplement in animal feed additives for poultry, swine feed and fish farming. Choline deficiency in growing chick or poultry results in poor growth, perosis (slipped tendon) and inefficient use of feed. In swine, lack of choline leads to spraddle or splayed legs in new borns, poor reproduction and lactation, and fatty infiltration of liver besides effecting growth. Choline chloride is also classified as a vitamin B- complex, essential for a number of important biological functions. Choline chloride is also used as a catalyst, a neutralizing agent, and as a curing agent. Most popular amino acids in the feed sector include lysine and methionine. The market for methionine, which is widely used as poultry feed additive, is expected to grow steadily on account of increasing demand for poultry products worldwide. Lysine is another important feed additive. There has been a significant increase in demand for lysine, primarily due to increased usage in the growing swine and poultry markets. Among all the vitamins, choline accounts for a major share in terms of volume consumption. Other important vitamins in feed additives include vitamin A and vitamin E.

Central and South Americas and the Far Eastern countries, particularly China, primarily constitute the fastest growing markets for choline chloride. However, during the recent years, demand in all the regions including the developing as well as mature markets declined marginally, mainly due to the global meltdown. Going forwards, the market is expected to grow robustly in the ensuing years, particularly in the developing regions. As living standards in these countries are improving steadily, poultry consumption is being looked upon more favorably than beef or pork. Existing capacity for feed additive production in rapidly growing markets such as China is insufficient to meet the growing demand for lysine, and vitamins and other animal health care products. In developed countries of Europe and America, rising preference for low calorie foods is also helping to drive poultry demand and in turn, boosting prospects for choline chloride market. However during the recent past, market demand in all regions including the developing as well as matured regions declined marginally, mainly as a result of the global meltdown. Going forward, the market is expected to grow strongly in the ensuing years, particularly in the developing regions.

Asia-Pacific, driven by incessant growth in China emerges as the key market for Choline chloride, garnering the largest share of the global market, as stated by the new market research report on Choline Chloride. The Asian market is also slated to drive home maximum gains at a sturdy compounded annual growth rate of 6.3% through 2017. Rapid development of Chinese feed industry has led to significant demand expansion for choline chloride, as the chemical is largely used as a nutrient substitute in animal feeds. China, by virtue of being the most populous country and one of the rapidly developing economies in the world, offers substantial scope for development, particularly in the broiler and swine feed markets. By end-use, Poultry feed segment constitutes the largest and fastest growing market, driven by surging demand for methionine, widely used as poultry feed additive.

Key participants profiled in the report include Balchem Corporation, BCP Ingredients Inc., BASF SE, Be-Long Corporation, DSM Nutritional Products, JJ Choline Limited, Taminco, and Xuzhou Havay Feed Co. Ltd.

The research report titled “Choline Chloride: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Choline Chloride markets, impact of recession on the markets, current market trends, key growth drivers, recent industry activity, and profiles of major/niche global market participants. The report provides annual sales estimates and projections for the years 2009 through 2017 in volume (tons) terms for geographic markets including, US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Key end-use segments analyzed include Poultry Feed, Swine Feed and Other End-use Applications. The study also provides historic data for an insight into market evolution over the period 2003 through 2008.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Choline_Chloride_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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