Latin America Non-Protein Nitrogen Market

Latin America Non-Protein Nitrogen Market Size (2024 to 2029)

The Latin America non-protein nitrogen market size is expected to reach USD 0.32 billion in 2024 and reach USD 0.41 billion by 2029, growing at a CAGR of 5.3% from 2024 to 2029.

The Non-Protein Nitrogen market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with emerging economies advancing in technology in recent years.

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.

The rising demand for animal products has been fuelling the growth of the non-protein nitrogen market in recent years. Further, other factors driving the market growth include growth in the dairy industry, increase in meat consumption, rise in cattle population, ease of availability, cost efficiency, and R&D in the animal feed industry. Besides these, there are factors holding the market back, like stringent government regulations, toxicity in ruminants, and causes of non-protein nitrogen toxicity.

This research report on the Latin America non-protein nitrogen market is segmented and sub-segmented into the following categories.

Latin America Non-Protein Nitrogen Market Analysis By Type

• Ammonia
• Urea
• Others

Latin America Non-Protein Nitrogen Market Analysis By Livestock

• Poultry
• Swine
• Cattle
• Pet foods
• Aquaculture
• Others

The cattle segment had for the highest market share under livestock segmentation as a result of increase in production of cattle meat recently and is expected to grow even further.

Latin America Non-Protein Nitrogen Market Analysis By Form

• Liquid
• Pallets
• Dry

COUNTRY ANALYSIS

• Brazil
• Chile
• Argentina
• Others

On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.

KEY PLAYERS IN THE LATIN AMERICA NON-PROTEIN NITROGEN MARKET

Among various big companies in the Non-Protein Nitrogen market, the major ones are Yara International ASA, Archer Daniels Midland Company, Incitec Pivot Limited, Borealis AG, Petróleo Brasileiro S.A., The Potash Corporation of Saskatchewan Inc., Fertiberia SA, Alltech Inc., Skw Stickstoffwerke Piesteritz GmbH, Antonio Tarazona SL.