Asia-Pacific Non-Protein Nitrogen Market By Form, Type and Application
Asia-Pacific Non-Protein Nitrogen Market has been estimated at USD 0.5 billion in 2016 and is projected to reach USD 0.66 billion by 2021, at a CAGR of 5.41%
(EMAILWIRE.COM, January 05, 2018 ) The Non-Protein Nitrogen market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the upcoming advancements in technology in emerging economies around the globe.Non-Protein Nitrogen is a vast term in animal nutrition used to refer to a bunch of components such as urea, ammonia and others which are not actually proteins but can be converted into one by action of microbes in ruminant stomach.
The rising demand for animal products has been fuelling the growth of non-protein nitrogen market in recent years. Further, other factors driving the market growth include, growth in dairy industry, increase in meat consumption, rise in cattle population, ease of availability, cost efficiency, R&D in animal feed industry. Besides these, there are factors holding the market back, like stringent government regulations, toxicity in ruminants, causes of non-protein nitrogen toxicity.
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The Asia-Pacific market for Non-Protein Nitrogen is categorized on the basis of livestock and type. The market segmentation based on type is done into ammonia and urea. The segmentation on the basis of form is done under, pallets, liquid and dry. Based on livestock, the market is segmented into swine, cattle, poultry, aquaculture, pet foods and other livestock. The cattle sector accounted for the greatest market share based on livestock due to rise in production of cattle meat in recent years and is expected to show even further growth. On the basis of geography, the Asia-Pacific market is analysed under various regions namely China, India, Australia, Japan and South Korea.
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The major companies dominating the market share include Archer Daniels Midland Company, Alltech Inc., Yara International ASA, PetrĂ³leo Brasileiro S.A., Borealis AG, The Potash Corporation of Saskatchewan Inc., Incitec Pivot Limited, Skw Stickstoffwerke Piesteritz GmbH, Fertiberia SA, Antonio Tarazona SL.
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The rising demand for animal products has been fuelling the growth of non-protein nitrogen market in recent years. Further, other factors driving the market growth include, growth in dairy industry, increase in meat consumption, rise in cattle population, ease of availability, cost efficiency, R&D in animal feed industry. Besides these, there are factors holding the market back, like stringent government regulations, toxicity in ruminants, causes of non-protein nitrogen toxicity.
Free sample of the report is available @ https://www.marketdataforecast.com/market-reports/asia-pacific-non-protein-nitrogen-market-3558/request-sample
The Asia-Pacific market for Non-Protein Nitrogen is categorized on the basis of livestock and type. The market segmentation based on type is done into ammonia and urea. The segmentation on the basis of form is done under, pallets, liquid and dry. Based on livestock, the market is segmented into swine, cattle, poultry, aquaculture, pet foods and other livestock. The cattle sector accounted for the greatest market share based on livestock due to rise in production of cattle meat in recent years and is expected to show even further growth. On the basis of geography, the Asia-Pacific market is analysed under various regions namely China, India, Australia, Japan and South Korea.
Inquire before buying @ https://www.marketdataforecast.com/market-reports/asia-pacific-non-protein-nitrogen-market-3558/inquire
The major companies dominating the market share include Archer Daniels Midland Company, Alltech Inc., Yara International ASA, PetrĂ³leo Brasileiro S.A., Borealis AG, The Potash Corporation of Saskatchewan Inc., Incitec Pivot Limited, Skw Stickstoffwerke Piesteritz GmbH, Fertiberia SA, Antonio Tarazona SL.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results