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APAC Choline Chloride Market to be worth more than $235 Mn by 2026

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According to the Graphical Research new growth forecast report titled “Asia Pacific Choline Chloride Market Size By Grade (50%, 75%, 70%, 60%, 98%), By Form (Powder, Liquid), By Application (Animal Feed {Poultry {Broilers, layers}, Swine, Cattle, Pet Food, Aquaculture}, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals), Estimated to Exceed USD 235 Million by 2026.

The rising use of choline chloride in the animal feed industry in developing countries such as India, China, and Japan are some of the major factors which foster the market in the Asia Pacific region.  It is used to increase productivity in poultry, and other animal feed, it performs various functions such as growth, productivity, and feed efficiency in the animals. Also, it reduces blood serum fatty acids and cholesterol in cattle and buffaloes. Furthermore, rising mental health benefits associated with choline with chloride lead to a boost in the demand in the medical sector.

Choline chloride is a safe chemical compound performs various functions in the oil & gas sector, it acts as a clay stabilizer and used to prevent expansion and offers wellbore stability. Growing demand from the oil and gas industry will foster the market in the Asia Pacific region. Additionally, rising gas exploration and technological advancement in the developing countries will propel the demand for the choline chloride market in the upcoming future.

The Asia Pacific choline chloride market is bifurcated, on basis of form into liquid and powder.  Liquid choline chloride is a drab, odorless, clean substance that is soluble in water, non-corrosive, and non-poisonous in nature. The liquid form anticipated to grow with a CAGR of 6% by 2026. Owing to this, it has widespread applications in the poultry feed industry and animal nutrition, it enhances the growth and performance, controls fat metabolism, and improves reproductive ability in animals.

Choline chloride helps to reduce various health-related problems such as liver issues, chronic hepatitis, and cirrhosis. Additionally, it is used for memory loss, Alzheimer's disease, and Tourette's disease which control mental conditions. Owing to its several health benefits the Asia Pacific choline chloride market for pharmaceuticals is expected to grow with a significant CAGR during the forecast period. Also, rapid change in the medical sector and technological advancement may foster the demand in the future.

The major players include in the Asia Pacific choline chloride market are BASF SE, Eastman Chemicals, Balaji Amines, Jubilant Life Sciences Limited, Pestell Minerals & Ingredients, Sigma Aldrich, GWH International, Fano Group Limited, SDA Products, Algry Quimica SL. Manufacturing companies are focusing on product innovation and development.