Non-Protein Nitrogen Market

Non-Protein Nitrogen Market Size, Growth, Trends and Forecast:

Non-Protein Nitrogen Market was worth USD 1.53 billion in 2021 and estimated to be growing at a CAGR of 4.7%, to reach USD 1.92 billion by 2026. The Non-Protein Nitrogen market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the technological advancements as well as emerging markets across 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 the action of microbes in ruminant stomach.

Non-Protein Nitrogen Market Drivers:

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, R&D in the 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.

NON-PROTEIN NITROGEN MARKET REPORT COVERAGE:

Non-Protein Nitrogen Market Segmentation:

Non-Protein Nitrogen Market – By Type:

• urea

• ammonia
• others

Non-Protein Nitrogen Market – By Form:

• dry
• liquid
• pallet

Non-Protein Nitrogen Market – By Livestock:

• swine
• poultry
• cattle
• aquaculture
• others

The cattle segment accounted for the highest market share on the basis of livestock due to an increase in the production of cattle meat over recent years and is expected to grow even further.

Non-Protein Nitrogen Market – By Regions:

• North America
• Europe
• Asia-Pacific
• Rest of the World

The Non-Protein Nitrogen market was dominated by Asia-Pacific, with the overall market share of over 34% globally. Asia-Pacific was followed by North America and Latin America. The Asia Pacific is predicted to grow at a rapid pace while the Europe market is expected to be stagnant in the coming few years.

Key Players:

Some of the major companies dominating the market, by their products and services include Archer Daniels Midland Company, Yara International ASA, Borealis AG, Incitec Pivot Limited, The Potash Corporation of Saskatchewan Inc., Petróleo Brasileiro S.A., Skw Stickstoffwerke Piesteritz GmbH, Fertiberia SA, Alltech Inc., Antonio Tarazona SL.