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Non-Protein Nitrogen in Feed Market will exceed USD 1 billion by 2024; according to a new research report by Global Market Insights, Inc. – PowerPoint PPT presentation

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Updated: 5 September 2019
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Title: seorahul


1
Non-Protein Nitrogen in Feed Market is estimated
to surpass USD 1 billion by 2025
2
Key Insights from Non-Protein Nitrogen in Feed
Market
  • 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.

3
Continued...
  • Liquid form generated over USD 175 million
    revenue in 2016. 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 industrys
    success.

4
U.S. Non-protein nitrogen in feed market, By
Product, 2013-2024, (Kilo Tons)

5

Browse Full Market Research Report On
Non-Protein Nitrogen in Feed Market _at_
http//bit.ly/2ktkjKx Request for a Sample of
this Research Report _at_ https//www.gminsights.com/
request-sample/detail/2134 https//www.gminsights.
com https//www.gminsights.com/request-sample/deta
il/49
6
Stay In Touch Website www.gminsights.com Soci
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