Increasing Consumption of Poultry Products Drives Demand for Choline Chloride, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) August 05, 2014 -- Follow us on LinkedIn - Choline chloride, a derivative of methylamine, is predominantly used as a principal dietary supplement in poultry, swine feed and fish farming. Choline chloride helps meet the metabolic requirements of a growing animal, and is vital in building and maintaining cell structure, function, and promotion of normal maturation of bone cartilages. Consumption of choline chloride is therefore dependent upon the production of key meat products such as poultry, swine and fish. Growing consumption of animal products across the globe is expected to drive demand in the coming years. Animal feed represents the largest end-use market for choline chloride. However, demand is also being driven by its use as a clay stabilizer in the oil & gas industry and in human nutrition products.
Growing awareness of fish being an extremely healthy diet, with doctors and nutritionists endorsing the low fat and high protein benefits of fish meat, demand for fish meat is increasing worldwide. Shifting consumer preferences away from chicken and beef towards fish, as a result of the threat of avian virus and BSE, is additionally benefiting consumption patterns of fish meat. Growing demand for aquaculture products across the globe is therefore expected to augur well for the animal feed additives market, and in turn buoy demand for choline chloride worldwide.
Increase in awareness over the benefits of choline chloride on human health and well-being is also expected to propel its use in health supplements. Choline is one of the most essential nutrients in the human body and helps in the maintenance of structural integrity of cell membranes, cell signaling, muscle functioning, transport of fats, and neurotransmission. Rising incidence organ dysfunction due to poor levels of dietary choline is driving the importance of choline chloride-based supplements. Choline chloride is also receiving significant interest for its use as a sustainable alternative to conventional clay stabilizer products. Choline bicarbonate and choline chloride serve as eco-friendly alternatives to potassium chloride as clay stabilizers.
As stated by the new market research report on Choline Chloride, Asia-Pacific represents the largest and the fastest growing market worldwide, with a CAGR of 6.4% over the analysis period. Rising disposable income, changing lifestyles, urbanization, Westernization of food habits, increasing population, and improving economic environment are factors driving demand in the region. Poultry Feed represents the largest as well as the fastest growing end-use market for choline chloride.
Major players covered in the report include Algry Quimica, Balchem Corporation, BASF SE, Be-Long Corporation, Hebei Dayang Animal Healthcare Foods Co. Ltd., JJ Choline Limited, Kemin Industries, NB Group Co. Ltd., Pestell Minerals & Ingredients and Taminco among others.
The research report titled "Choline Chloride: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, and drivers. The report provides market estimates and projections in Tons for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia Pacific), Latin America (Brazil, Mexico and Rest of Latin America) and Rest of World. The report also analyzes the global market for Choline Chloride by the end-use markets such as Poultry Feed, Swine Feed and Others.
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 1500+ 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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