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Feed Non-Protein Nitrogen Market Size

  • Report ID: GMI2134
  • Published Date: Feb 2023
  • Report Format: PDF

Feed Non-Protein Nitrogen Market Size

Feed Non-Protein Nitrogen Market size surpassed USD 1 billion in 2022 and is anticipated to depict a 4% CAGR between 2023 and 2032, on account of the economic upswing and the increasing livestock production.

 

Non-protein nitrogen is rapidly emerging as a beneficial and cost-effective source of dietary protein for animal nutrition among farmers. With rapid urbanization and economic growth, there has been an urgent need for livestock production to cater to the growing consumer base. As per the World Bank, the production of industrialized meat is growing 6 times faster than traditional meat production techniques. Manufacturers are also developing non-protein nitrogen products that can act as a replacement for a portion of the total dietary protein requirements in cattle.

An increase in livestock production will therefore boost the consumption of animal feed protein and in turn, escalate the use of non-protein nitrogen in animal feed formulations. However, stringent regulations associated with the toxicity of animal fodders may hinder industry growth to some extent. In the U.S., for example, strict norms pertaining to animal safety have been introduced, requiring animal feed developers to gain FDA approvals. Furthermore, the rising awareness about greenhouse gas emissions and land and water degradation due to livestock production may limit product usage.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of feed non-protein nitrogen reached USD 1 billion in 2022 and is set to grow at 4% CAGR through 2032, on account of the economic upswing and the increasing livestock production.

The urea product segment is anticipated to surpass USD 1 billion by 2032, owing to cost-effectiveness, high nitrogen content, reduced weight loss, and dry roughage intake, among other product benefits.

The industry value for feed non-protein nitrogen in APAC will cross USD 790 million by 2032, given the large cattle population and the extensive support for livestock operations.

Prominent players in the market include Antonio Tarazona, Fertiberia, S.A, Nutrien Limited, Nutri Feeds, Meadow Feeds, Quality Liquid Feeds, Yara International ASA, and Archer Daniels Midland Company.

Feed Non-Protein Nitrogen Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 1219
  • Countries covered: 20
  • Pages: 600
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