Press release
Feed Non-Protein Nitrogen Market Insights, Trends Forecast 2022-28
The global feed non-protein nitrogen market size is expected to reach USD 1.81 billion by 2028, at a CAGR of 5.3% during the forecast period 2022-28. A class of high-protein feedstuffs known as non-protein nitrogen (NPN) compounds includes nitrogen but not in the form of proteins or peptides. The term "essential chemicals" refers to a group of substances, including ammonia, urea, and biuret, that can be changed by bacteria in the stomachs of ruminants into proteins. Since protein is the most expensive component of cattle feed, using inexpensive protein sources, like NPN, can be a practical alternative. Demand for the products will be fueled by a positive outlook in the animal health and nutrition sector and a rising understanding of the value of consuming animal protein.View the detailed report description here - https://precisionbusinessinsights.com/market-reports/feed-non-protein-nitrogen-market/
The Feed Non-Protein Nitrogen market is expected to grow significantly during the forecast period owing to the increasing demand for meat and milk. The Feed Non-Protein Nitrogen market is expected to experience significant growth owing to the rising population and increasing disposable income. In addition, the Feed Non-Protein Nitrogen market is also driven by the growing adoption of technological innovations and the investment in the development of novel products. The Feed Non-Protein Nitrogen market has also been witnessing a significant increase in the demand for feed Non-Protein Nitrogen. The Feed Non-Protein Nitrogen market is expected to grow significantly during the forecast period. The market is expected to grow significantly owing to the increasing demand for meat and milk. The Feed Non-Protein Nitrogen market is expected to experience significant growth owing to the rising population and increasing disposable income, which is expected to drive the market during the forecast period. In addition, the Feed Non-Protein Nitrogen market is also driven by the growing adoption of technological innovations and the investment in the development of novel products. The Feed Non-Protein Nitrogen market is expected to grow significantly during the forecast period.
Feed Non-Protein Nitrogen Market Segmentation:
The global market on the basis of By Product Type, the market is bifurcated into Ammonia, Urea, and Others. On the basis of Animal Type, the market is segregated into Dairy Cattle, Beef Cattle, Sheep and Goat, and Others. Based on Formulation, the market is divided into Pellets, Dry, Liquid.
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Feed Non-Protein Nitrogen Market Regional Analysis:
Asia Pacific non-protein nitrogen in feed market is anticipated to reach USD 655 million. Among the top nations in the region that consume non-protein nitrogen in feed are China, India, Japan, and Australia. The regional market demand will be boosted by rising output of animal feed additives and increased meat consumption as a result of better socioeconomic conditions.
Key players' profiles in the feed non-protein nitrogen market report are Yara International ASA (Norway), Incitec Pivot Limited (Australia), Archer Daniels Midland Company (U.S.), Borealis AG (Austria), The Potash Corporation of Saskatchewan Inc. (Canada), Alltech Inc. (U.S.), Antonio Tarazona S.L. (Spain), FertiberiaSA (Spain), Petróleo Brasileiro S.A. (Brazil)
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