Non-Protein Nitrogen Market Size And Strategies 2024-2033 – Growth Analysis, Outlook, Overview

Spread the love

Overview and Scope

Non-protein nitrogen (NPN) refers to a group of nitrogenous compounds present in various biological systems, such as living organisms, food, and agricultural products, but not in the form of proteins. It is often used as a source of dietary nitrogen for livestock.

Sizing and Forecast

The non-protein nitrogen market size has grown strongly in recent years. It will grow from $1.36 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to livestock feed supplementation, increase in meat consumption, cost-effective protein alternatives, nitrogen fixation research, feed efficiency improvement.

The non-protein nitrogen market size is expected to see steady growth in the next few years. It will grow to $1.74 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to population growth and food demand, focus on sustainable agriculture, livestock industry growth, rise in aquaculture, demand for high-quality animal protein. Major trends in the forecast period include balancing ration nutrition, microbial protein utilization, sustainable livestock production, functional additives in animal feed, innovative feed technologies.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/non-protein-nitrogen-global-market-report

Segmentation & Regional Insights

The non-protein nitrogen market covered in this report is segmented –

1) By Type: Urea, Biuret, Ammonia, Other Types

2) By Form: Dry, Liquid, Pellets

3) By Livestock: Swine, Poultry, Cattle, Aquaculture, Other Livestock

Asia-Pacific was the largest region in the non-protein nitrogen market in 2023 and is expected to be the fastest-growing region in the non-protein nitrogen market report during the forecast period. The regions covered in the non-protein nitrogen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12269&type=smp

Major Driver Impacting Market Growth

The increasing meat consumption is expected to propel the growth of the non-protein nitrogen market going forward. Meat is a term used to describe the edible muscular tissue of animals, typically mammals or birds, consumed as food by humans. Non-protein nitrogen in feed consumption can enhance the meat product’s overall protein content and nutritional value by converting components such as urea, biuret, and ammonium phosphate to proteins by microbes in the ruminant stomach. For instance, in March 2023, according to the Australian Bureau of Statistics, an Australia-based government agency, beef production increased by 11.3% to reach 524,335 tons. Further, mutton production increased by 31.8% to 58,662 tons. Therefore, increasing meat consumption drives the non-protein nitrogen market.

Key Industry Players

Major companies operating in the non-protein nitrogen market report are The Archer-Daniels-Midland Company, Saudi Arabia’s Basic Industries Corporation, Nutrien Ltd, Yara International ASA, The Mosaic Company, CF Industries Holdings Inc., Borealis AG, EuroChem Group AG, ICL Group Ltd., OCI NV, National Fertilizers Limited, Coromandel International Limited, Incitec Pivot Ltd., Chambal Fertilisers and Chemicals Limited, Tata Chemicals Ltd., Rashtriya Chemicals & Fertilizers Ltd., Fertiberia S.A., Gujarat State Fertilizers & Chemicals Ltd., Skw Stickstoffwerke Piesteritz GmbH, Haifa Chemicals Ltd., Kemin Industries, Mangalore Chemicals & Fertilizers Ltd., Deepak Fertilisers and Petrochemicals Corporation Ltd., Alltech Inc., Antonio Tarazona, Koch Fertilizers

The non-protein nitrogen market report table of contents includes:

1. Executive Summary
2. Non-Protein Nitrogen Market Characteristics
3. Non-Protein Nitrogen Market Trends And Strategies
4. Non-Protein Nitrogen Market – Macro Economic Scenario
5. Global Non-Protein Nitrogen Market Size and Growth
…
32. Global Non-Protein Nitrogen Market Competitive Benchmarking
33. Global Non-Protein Nitrogen Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Non-Protein Nitrogen Market
35.Non-Protein Nitrogen Market Future Outlook and Potential Analysis
36. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Spread the love

Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [kalyani@topprnews.com}