Asia-Pacific Non-Protein Nitrogen Market has been estimated at USD 0.55 billion in 2021 and is projected to reach USD 0.71 billion by 2026, at a CAGR of 5.41% during the forecast period from 2022 - 2027. The Non-Protein Nitrogen market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the upcoming advancements in technology in emerging economies around the globe.
Non-Protein Nitrogen is a vast term in animal nutrition used to refer to a bunch of components such as urea, ammonia and others which are not actually proteins but can be converted into one by action of microbes in ruminant stomach.
Asia-Pacific Non-Protein Nitrogen Market Drivers:
The rising demand for animal products has been fuelling the growth of non-protein nitrogen market in recent years. Further, other factors driving the market growth include, growth in dairy industry, increase in meat consumption, rise in cattle population, ease of availability, cost efficiency, R&D in animal feed industry. Besides these, there are factors holding the market back, like stringent government regulations, toxicity in ruminants, causes of non-protein nitrogen toxicity.
Asia-Pacific Non-Protein Nitrogen Market – By Type:
Asia-Pacific Non-Protein Nitrogen Market – By Form:
Asia-Pacific Non-Protein Nitrogen Market – By Livestock:
The cattle sector accounted for the greatest market share based on livestock due to rise in production of cattle meat in recent years and is expected to show even further growth.
On the basis of geography, the Asia-Pacific market is analysed under various regions namely China, India, Australia, Japan and South Korea.
The major companies dominating the market share include Archer Daniels Midland Company, Alltech Inc., Yara International ASA, Petróleo Brasileiro S.A., Borealis AG, The Potash Corporation of Saskatchewan Inc., Incitec Pivot Limited, Skw Stickstoffwerke Piesteritz GmbH, Fertiberia SA, Antonio Tarazona SL.
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