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Non-Protein Nitrogen in Feed Market Key Players - Yara International, Archer Daniels Midland Company, Borealis, Fertiberia Brasil, Alltech, Inc., Antonio Tarazona, MEADOW FEEDS LIMITED, Quality Liquid Feeds, Anipro Xtraformance Feeds, Nutri Feeds, Kay Dee

Non-Protein Nitrogen in Feed Market

Non-Protein Nitrogen in Feed Market

Global Non-Protein Nitrogen in Feed Market was worth over USD 750 million in 2016 and will surpass 3 million tons by 2024. 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.
Non-Protein Nitrogen in Feed Market will Overtake USD 1 Billion by 2024; according to a new research report by Global Market Insights, Inc.

Request Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2134

Company Profiles
1. Yara International
2. Archer Daniels Midland Company
3. Borealis
4. Fertiberia Brasil
5. Alltech, Inc.
6. Antonio Tarazona
7. MEADOW FEEDS LIMITED
8. Quality Liquid Feeds
9. Anipro Xtraformance Feeds
10. Nutri Feeds
11. Kay Dee
12. Incitec Pivot Limited
13. PetroLeo Brasileiro S.A
14. SKW Stickstoffwerke Piesteritz GmbH
15. The Potash Corporation of Saskatchewan Inc.

Increasing preference to provide nutrient diet to animals is expected to propel non-protein nitrogen in feed market growth. Increasing livestock diseases penetration coupled with growing necessity for safe nourishment practices will support product demand. As per FAO, animal fodder production was estimated to hold 11% share for calves & cattle, 23% for sheep and 6.6% for pigs in 2017. 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.
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” @ 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.
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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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Explore Our Blog @ http://algosonline.com/news

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