Pune, India, June 13, 2022 (GLOBE NEWSWIRE) —
According to a recent industry report presented by Graphical Research, the Asia-Pacific Choline Chloride Market is expected to register its name in the million-dollar fraternity within seven years, surpassing revenue of $235 million by 2026.
With a growing need for effective treatments for a range of physiological and mental disorders, choline chloride market trends in Asia Pacific are geared towards increased consumption by pharmaceutical companies. As indicated by FDA-approved Protara Intravenous Choline Chloride, demand for effective treatments for Intestinal Failure Associated Liver Disease (IFALD) for patients dependent on parenteral nutrition has increased.
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Faulty lifestyle factors such as excessive smoking and alcohol add to the number of liver disease patients in the region. Due to constant advancements in the medical, nutraceutical and animal feed industries, new technologies are facilitating greater use of the product in Asia-Pacific countries.
Keep track of the following 4 developments to stay up-to-date on Asia Pacific Choline Chloride market trends:
- Role in livestock productivity
Choline chloride pet foods have a multitude of benefits, including accelerated growth, optimal health and productivity. They regulate cholesterol and fatty acid levels in the blood serum. As an essential part of pet and animal feed, the product is added to the feed of pigs, cows and calves, poultry, shellfish and fish. Exogenous choline is needed to meet choline needs that natural sources do not meet, especially in lactating cows. The focus on improving milk production to meet the milk needs of a massive population can greatly extend APAC Choline Chloride industry size.
- Effective stabilizer in the oil and gas sector
Widely used as a clay stabilizer, the compound accelerates the rate of production for oil and gas companies. As a cost-effective solution, the resumption of gas exploration activities in Japan, India and China will encourage deployment in old and new oil and gas projects as a wellbore stabilizer in the post-pandemic landscape. . Compared to other clay stabilizers, the compound is more effective and environmentally friendly. It functions as a shale swelling inhibitor for drilling fluid, workover fluid and completion fluid, to prevent shale from expanding and hydrating.
- The use of 98% products is increasing
Between 2020 and 2026, demand for products from pharmaceutical and animal feed applications is expected to exceed expectations. The high purity of 98% choline chloride products paves the way for their extensive use. It is considered an ideal addition to poultry and pig feed due to its high nutrient content. It also acts as an effective food flavor enhancer. The Asia-Pacific choline chloride market share of the 98% grade segment is expected to register growth of over 6.5% CAGR during the assessment period.
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- Increase in the number of liquid product orders
While choline chloride powder is also gaining momentum, liquid products are being used by an increasing number of end users in Asia-Pacific. Since these products are odourless, non-toxic, dull and water soluble, they are suitable for a host of applications including poultry feed and animal nutrition. By 2026, the liquid segment is expected to grow at a CAGR of over 6% in the APAC Choline Chloride industry.
Food grade aqueous choline chloride is suitable for direct spraying into premixes and animal feeds and for manufacturing the dry form as well. The advantage of easy storage encourages its purchase among end users, who do not need to invest more in storage equipment or worry about climatic conditions.
The health benefits of this organic compound range from preventing and treating liver disease to Alzheimer’s disease. It helps with memory loss, Tourette’s disease, cirrhosis, blood pressure control and prevention of neural tube defects during pregnancy. Choline supplements regulate cholesterol levels, control mood swings, and prevent liver damage from excessive alcohol consumption. Asia-Pacific choline chloride market share from pharmaceutical applications is expected to increase significantly through 2026.
Some major Choline Chloride manufacturers and suppliers in Asia Pacific are as follows:
- BASF SE
- Balaji Amines
- ADS products
- Sigma Aldrich
- Eastman Chemicals
- Jubilant Life Sciences Limited
- GWH International
About Graph Search:
“Graphical Research” provides an extensive collection of market research reports and industry analysis covering Healthcare, Automotive, Oil & Gas, Pharmaceuticals, IT, Agriculture, Chemicals and many other industries, in various regions like North America, Europe, Asia Pacific, Latin America and others. The comprehensive reports we provide are aligned with key industry trends and insights into specific regional markets. The data we provide helps our clients make better strategic decisions. Our goal is to offer personalized, competitive and quality market research reports.