© 2016 Global Market Insights, Inc. USA. All Rights Reserved Non-Protein Nitrogen in Feed Market is estimated to surpass USD 1 billion by 2025
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Non-Protein Nitrogen (NPN) in Feed Market size will exceed USD 1 billion by 2024; according to a new research report by Global Market Insights, Inc. Positive applications outlook in fodder industry owing to easy availability and cost effectiveness of forage sources will drive non-protein nitrogen in feed market. Increasing meat and dairy products demand will positively influence market penetration. Improved processing in major fodder additives including vitamins, emulsifiers, and enzymes are among the key factors driving product demand. Rising preference to maintain animal health increased expenditure on fodder with appropriate protein content has positively enhanced non- protein nitrogen in feed industry demand. Dry non-protein nitrogen in feed market will hold a major market share of over 72% by 2024, presence of amount of high sulfur and protein content are key benefits driving demand. Other key offerings including high efficiency and improve digestibility. Key Insights from Non-Protein Nitrogen in Feed Market
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Liquid form generated over USD 175 million revenue in Increased advantages including lower farm labor input, dustiness, wastage, and overall shrink has significantly resulted in the product demand. Properties displayed by liquid form of achieving very high mixing homogeneity will augment the industry growth. Ruminant accounted for over 70% of the demand in 2016, lenient governmental regulations for urea consumption among ruminants supported growth. High dependency of rural population on livestock for their income has stimulated non-protein nitrogen in feed demand. Global industry share is consolidated owing to presence few international players in the market. Some of the key players include Archer Daniels Midland Company, Potash Corporation of Saskatchewan, Yara International ASA, Quality Liquid, Borealis, and Incitec Pivot. Augmented focus on product innovation and research & development is the key factor for the industry’s success. Continued...
© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Non-protein nitrogen in feed market, By Product, , (Kilo Tons)
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