Non-Protein Nitrogen in Feed Market Analysis by Leading Players- Archer Daniels Midland Company, Borealis,Yara International, Quality Liquid Feeds, Anipro Xtraformance Feeds, MEADOW FEEDS LIMITED, Nutri Feeds
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1. Archer Daniels Midland Company
3. Yara International
4. Quality Liquid Feeds
5. Anipro Xtraformance Feeds
6. MEADOW FEEDS LIMITED
7. Nutri Feeds
8. Kay Dee
9. Incitec Pivot Limited
10. PetroLeo Brasileiro S.A
11. SKW Stickstoffwerke Piesteritz GmbH
12. Fertiberia Brasil
13. Alltech, Inc.
14. Antonio Tarazona
15. The Potash Corporation of Saskatchewan Inc.
Increasing health consciousness along with growing population has driven meat consumption. According to OECD, average global meat consumption is 75 pounds per person. Shifting consumer preferences for ready to eat processed meat will further facilitate non-protein nitrogen in feed market growth.
Browse key industry insights spread across 350 pages with 288 market data tables & 11 figures & charts from the report, “Non-Protein Nitrogen in Feed Market Size By Type (Urea, Ammonia), By Form (Dry, Liquid), By Livestock ( Swine, Poultry, Ruminant) Industry Outlook Report, Regional Outlook (U.S., Canada, Germany, UK, France, Germany, Romania, Spain, Ukraine, Netherland, Turkey, Russia, Poland, China, India, South Korea, Thailand, Indonesia, Malaysia, Japan, Iran, New Zealand, Australia, Brazil, Argentina, Chile, Mexico, Venezuela, Colombia, South Africa, Tunisia, Saudi Arabia, Ethiopia, Morocco, Kenya, Algeria, Egypt), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: @ https://www.gminsights.com/industry-analysis/non-protein-nitrogen-in-feed-market
New production techniques to cut down overall production cost will influence non-protein nitrogen in feed market price trend. In addition, companies are expected to invest in R&D activities, thus developing proteins with specific characteristics. However, strict government protocols concerning animal fodder and toxicity in ruminants may hamper industry growth.
Urea was worth over USD 600 million in 2016. Factors such as improved intake of dry roughage, reduced live weight loss and high nitrogen content are supporting product demand. Furthermore, increasing application of urea as a building block for non-protein production through numerous rumen microbes will propel industry growth. Less expensive substitute source of protein will further add to product’s demand.
Dry formulation is projected to surpass 2.5 million tons by 2024. Exceptional thermal stability during fodder processing operations and improved ease of handling are major factors supporting product penetration. Ease of availability in powdered and pellet grades will drive product sales. Moreover, high sulphur and protein content resulted in enhanced demand for dry form products in supplementary nourishments.
Increasing consumer consciousness regarding higher protein diets coupled with better affordability due to growth in disposable incomes will drive industry growth. Additionally, higher availability of dairy products through numerous channels has further augmented product demand.
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