Choline Bitartrate Market- Growth, Trends, COVID-19 Impact and Forecasts (2024-2030)

Choline Bitartrate Market was valued at US$ 460.57 Mn. in 2023. The Global Choline Bitartrate Market size is estimated to grow at a CAGR of 6% over the forecast period.
Choline Bitartrate Market Overview:
The report explores the Choline Bitartrate Market's segments (Type, Application, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Choline Bitartrate Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Choline Bitartrate Market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Choline Bitartrate Market Dynamics:
Choline is naturally found in eggs, meat, fish, chicken, dairy products, and soybean oil. These nutritious foods are inaccessible to children because infant formula is fortified with choline bitartrate to provide essential dietary nutrition. Increased demand for fortified foods and beverages and infant formula are expected to drive market growth. Increased awareness of essential nutrients and dietary supplements and increased interest in health care are anticipated to boost the market. Manufacturers continue to invest in research and development for improving the quality of manufacturing and transparency. The market share is expected to increase because of the key players that are involved in strategic initiatives such as capacity expansion, mergers, and acquisitions to increase the industry presence in the forecast period. The rising demand for multivitamin complexes, energy, and cognitive supplements helping the market to rise.

Choline bitartrate is a compound produced by combining choline and tartrate salt. It is also known as choline chloride, choline citrate, and many more. Choline is chemically related to vitamin B and occurs in many plants and animal organs. Choline bitartrate has a better absorption rate than pure choline. There are three types of choline bitartrate, namely, L-bitartrate, D-bitartrate, and DL-bitartrate. It is used for a variety of health problems. It is also used in dietary supplements, animal feeds, and poultry. Choline bitartrate is also used in infant formula to drive demand for products. Due to the above factors, the demand for products during the forecast period is expected to be high.

Choline bitartrate demand is increasing internationally as consumers become more health-conscious. It is a nutritional supplement as well as a medical treatment for a variety of disorders. In addition, the animal feed also contains it. So, it is creating an opportunity for new and existing manufacturers to concentrate on producing choline bitartrate for poultry and animal feed, as this sector has a high need for feed products. Choline is linked to vitamin B12 and Folate, which play an important role in the body, it also has an anti-inflammatory effect that protects the heart and is also beneficial to postmenopausal women. Because of the numerous health benefits of choline bitartrate, consumer demand is increasing, substantially impacting the choline bitartrate market. It is used to treat a variety of illnesses, including liver disease and asthma; hence it impacts the market opportunities.

Strict government regulations on the maximum tolerance for choline bitartrate in foods restrain the industry demand. There is a shortage of choline intake in men and women. Dietary supplement intake contributes little to total choline intake. Choline deficiency can lead to muscle injury, liver damage, and hepatosteatosis, which challenge the choline bitartrate market.
Segment Analysis
Based on Type, the choline bitartrate market has been segmented into L type, D type, and DL type. The L type segment is expected to grow at a CAGR of over 6% in the forecast period as consumer demand for L type choline bitartrate-based dietary supplements and pharmaceuticals grows. The D-type choline bitartrate market crossed USD 65 million in 2023 and is expected to grow at a CAGR of 5.5% over the forecast period. It is an API used in the production of a variety of tablets and capsules. It is also used as an ingredient in food goods. It is expected that the increased demand for chlorine bitartrate-based goods and the manufacturer’s increased R&D are boosting the market demand.

The DL type choline bitartrate market reached $150 million in 2023 and is expected to grow at a CAGR of 6.5% during the forecast period. These supplements of choline bitartrate in dietary supplements include supporting help overcome choline deficiency, which causes liver disease and muscle damage. The health benefits brain health, reducing fatigue, increasing energy and endurance, overcoming depression, and boosting cognitive abilities.

Based on the Application, the market is segmented into Pharmaceutical & Nutritional Supplement, Food & Beverage, Baby Food, and Others. The food and beverage segment is expected to reach USD 125 million by 2030, with a CAGR of 6.5%. Choline is required for the proper function of the liver metabolism and neurological system. Although the human body manufactures choline, it is insufficient to cover all demands, hence choline bitartrate fortified meals and beverages are ingested.

The Baby food application is expected to exceed US $185 million by 2030. It plays an important role in brain development and is increasing in use in the production of baby food. Choline bitartrate also guarantees the healthy growth of the baby, so it is added to infant formula and cereals to accelerate market statistics. It is utilized in the production of organic and fortified organic baby foods because it improves a child’s visuospatial memory. It plays an important role in the early stages of child growth, as millions of cells grow early in the child's development, and choline helps improve communication between the cell and the cell membrane that supports them. Because choline bitartrates have several health benefits for babies, its application to infant formula is expected to drive market-wide demand during the forecast period.

By 2030, the pharmaceutical and nutritional supplement market for choline bitartrate is expected to reach USD 270 million, with a CAGR of 6% over the forecast period. Choline bitartrate is utilized in the production of candies, pills, and powdered supplements. The demand for nutraceutical supplements is increasing as a result of a lack of a balanced diet, which is expected to boost market estimates.
Regional Insights:
The Asia Pacific choline bitartrate market is expected to exceed US $195 million by 2030 and expected to grow at a CAGR of 6.5% over the forecast period. The region has attributed high levels of nutritional anxiety due to lack of a healthy diet, low income, and poverty. The demand for baby food and infant formula is also high in the Asia Pacific region. Population growth in India and China is expected to boost demand for infant formula, which boosts the growth of the local choline bitartrate market.

The Latin North American market is expected to reach a CAGR of 5.5% by 2030 due to increased demand for multivitamin supplements due to a high population shortage. The North- American choline bitartrate market is anticipated to surpass USD 215 million by 2030. North America is the dominating region owing to the presence of a large number of pharmaceutical and nutraceutical companies. Changing lifestyles due to the hectic and busy schedule has raised the demand for packaged food and beverages.

The Europe choline bitartrate market is expected to cross the US $145 million by 2030, growing at a CAGR of over 5.5% owing to its increasing consumption as a sports nutrition. The increasing per capita income of the European population has also raised the demand for premium health products.

The objective of the report is to present a comprehensive analysis of the global Choline Bitartrate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The reports also help in understanding the Choline Bitartrate Market dynamic and structure by analyzing the market segments and projecting the Choline Bitartrate Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Choline Bitartrate Market make the report investor’s guide.
Choline Bitartrate Market Scope: Inquiry Before Buying



Choline Bitartrate Market


Base Year
2023
Forecast Period
2024-2030


Historical Data
CAGR
Market Size in 2023
Market Size in 2030


2018 to 2023
6%
US$ 460.57 Mn
US$ 692.52 Mn


Segments Covered


by Type
L type
D type
DL type
by Application
Pharmaceutical & Nutritional Supplement
Food & Beverage
Baby Food
Others


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Choline Bitartrate Market Key Players:
1. Arochem Industries
2. Glentham Life Sciences limited
3. Salvi Chemical Industries Ltd
4. NutriScience Innovations LLC
5. Balchem Inc
6. Cepham Life Sciences
7. TCI Chemicals Pvt. Ltd
8. Finetech Industry Limited
9. Alfa Aesar
10. Jinan Pengbo Biotechnology Co, Ltd.
11. Tokyo Chemical Industry Co. Ltd
12. Acros Organics BVBA
13. Aurora Fine Chemicals

Frequently Asked Questions:

1. Which region has the largest share in Global Choline Bitartrate Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Choline Bitartrate Market?
Ans: The Global Choline Bitartrate Market is growing at a CAGR of 6% during forecasting period 2024-2030.

3. What is scope of the Global Choline Bitartrate Market report?
Ans: Global Choline Bitartrate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Choline Bitartrate Market?
Ans: The important key players in the Global Choline Bitartrate Market are – Arochem Industries, Glentham Life Sciences limited, Salvi Chemical Industries Ltd, NutriScience Innovations LLC, Balchem Inc, Cepham Life Sciences, TCI Chemicals Pvt. Ltd, Finetech Industry Limited, Alfa Aesar, Jinan Pengbo Biotechnology Co, Ltd., Tokyo Chemical Industry Co. Ltd, Acros Organics BVBA, and Aurora Fine Chemicals

5. What is the study period of this Market?
Ans: The Global Choline Bitartrate Market is studied from 2023 to 2030.