Europe Choline Chloride Market Size, Share & Industry Trends Analysis Report By Form (Powder, and Liquid), By Application (Animal Feed, Human Nutrition, Oil & Gas, Pharmaceuticals, Personal Care), By Country and Growth Forecast, 2023 - 2030

Europe Choline Chloride Market Size, Share & Industry Trends Analysis Report By Form (Powder, and Liquid), By Application (Animal Feed, Human Nutrition, Oil & Gas, Pharmaceuticals, Personal Care), By Country and Growth Forecast, 2023 - 2030

The Europe Choline Chloride Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 49,628.1 Tonnes, showcasing a growth of 6.0% (2019-2022).

Choline chloride tends to dissolve quickly, allowing it to formulate human nutritional products. Chlorine chloride's solubility makes it simple for the digestive system to secrete, thereby assisting the body in meeting its choline demands. Blood contains homocysteine, a naturally occurring amino acid created by breaking down methionine. On the other hand, methionine should be further metabolized and broken down into cystathione, which is then eliminated from the body.

Increased homocysteine concentration causes thickening and damages cells. Homocysteine levels are typically elevated in those with autism disorder. Choline deficiency in the diet increases homocysteine plasma concentrations, thereby increasing health hazards. Choline chloride administered in the form of dietary supplements aids significantly in lowering homocysteine plasma concentration. This element has raised the market's demand by raising the demand for choline chloride in human nutrition products. The human body depends heavily on phospholipids, which support cell membranes' fluidity and structural integrity. Nevertheless, choline content is essential for phospholipids to function effectively. Several human foods typically contain choline chloride, which aids in properly functioning phospholipids. All of these elements contribute to the market's demand.

France has a strong and growing demand for seafood, including fish and shellfish. France's aquaculture industry cultivates diverse species, including trout, salmon, carp, sea bass, sea bream, oysters, and mussels. The expansion of the aquaculture sector in France is accompanied by stringent health and quality assurance standards. As per U.S. Department of Agriculture, France is the greatest seafood industry in the EU28 by value, with sales of $5.5 billion. Imports of seafood will increase as French demand for seafood continues to outstrip local production. 64 million people living in the nation, generating an annual seafood consumption of 75 pounds per capita.

The U.K.'s food and beverage industry is characterized by consumer demand for high-quality, safe products. Choline chloride is a common ingredient in nutritional supplements, which has a growing market in the U.K. Consumers in the U.K. are increasingly health-conscious and mindful of their dietary choices. All these factors will aid in the expansion of the market.

The Germany market dominated the Europe Choline Chloride Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $38,047.5 Thousand by 2030. The UK market is showcasing a CAGR of 5.3% during (2023 - 2030). Additionally, The France market would register a CAGR of 7% during (2023 - 2030).

Based on Form, the market is segmented into Powder, and Liquid. Based on Application, the market is segmented into Animal Feed, Human Nutrition, Oil & Gas, Pharmaceuticals, Personal Care, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Merck KGAA, Kemin Industries, Inc., Balchem Corporation, Eastman Chemical Company, Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.), BASF SE, Tokyo Chemical Industry Co. Ltd., Nuproxa Switzerland Ltd, Pestell Nutrition Inc. (Barentz), and Algry Quimica S.L.

Scope of the Study

Market Segments covered in the Report:

By Form (Volume, Tonnes, USD Thousands, 2019-2030)

• Powder
• Liquid

By Application (Volume, Tonnes, USD Thousands, 2019-2030)

• Animal Feed
• Human Nutrition
• Oil & Gas
• Pharmaceuticals
• Personal Care
• Others

By Country (Volume, Tonnes, USD Thousands, 2019-2030)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Companies Profiled

• Merck KGAA
• Kemin Industries, Inc.
• Balchem Corporation
• Eastman Chemical Company
• Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
• BASF SE
• Tokyo Chemical Industry Co. Ltd.
• Nuproxa Switzerland Ltd
• Pestell Nutrition Inc. (Barentz)
• Algry Quimica S.L.

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