Global Non-Protein Nitrogen Market
Report Highlights
Global Non-Protein Nitrogen Market
By Form (Liquid, Dry, Pellet), By Livestock (Beef Cattle, Dairy Cattle, Sheep & Goat), By Type (Ammonia, Urea, Others), By Region (North America, South America, Europe, Asia Pacific, Rest of World)
Market Overview:
The Global Non-Protein Nitrogen Market was valued at USD 1.32 billion in 2016 and is projected to reach USD 1.93 billion by 2025, growing at a CAGR of 4.30% from 2017 to 2025.
Non-protein nitrogen is used in animal nutrition to refer to components such as ammonia and urea, which are not proteins but can be converted into proteins via microbes. Manufacturers all over the globe are increasing investments in R&D activities to develop new protein sources which would widen up the non-protein nitrogen in feed industry opportunities. The most common Non-Protein Nitrogen which is extensively used is Urea. Though there are other sources that have been deployed, Urea holds a prominent position in the global industry.
Market Dynamics:
1. Market Drivers
1.1 Growth of dairy industry.
1.2 Major rise in demand for animal products.
1.3 High rise in meat and cattle consumption.
1.4 Very Cost Effective.
1.5 Easily available.
2. Market Restraints
2.1 Very strict regulatory structure.
2.2 Major toxicity of non-protein nitrogen in ruminants.
Market Segmentation:
The Global Non-Protein Nitrogen Market is segmented on the basis of Form, Livestock, Type and Region.
1. By Form:
1.1 Liquid
1.2 Dry
1.3 Pellet
2. By Livestock:
2.1 Dairy Cattle
2.2 Beef Cattle
2.3 Sheep & Goat
2.4 Other Livestock Types
3. By Type:
3.1 Ammonia
3.2 Urea
3.2.1 Recommendations for Urea Feeding
3.3 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of World.
Competitive Landscape:
The major players in the market are as follows:
1. Archer Daniels Midland Company
2. Borealis AG
3. The Potash Corporation of Saskatchewan Inc.
4. Skw Stickstoffwerke Piesteritz GmbH
5. Alltech Inc.
6. Yara International ASA
7. Incitec Pivot Limited
8. Petróleo Brasileiro S.A.
9. Fertiberia SA
10. Antonio Tarazona SL
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Non-Protein Nitrogen Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.