
Beet Pulp Pellets Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Beet Pulp Pellets Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Beet Pulp Pellets Market
The beet pulp pellets market size was valued at USD 142.0 million in 2020, and the market is now projected to grow from USD 146.6 million in 2021 to USD 185.8 million by 2028, exhibiting a CAGR of 3.4% during the forecast period of 2021-2028.
The COVID-19 pandemic interrupted the supply chain of pulp pellets in maximum regions, particularly the regions where the effect of the pandemic is on the greater side. The countrywide closure during the peak period of the pandemic has formed key instabilities in the transportation and supply of the product.
The key uses of beet pulp can be seen in the animal husbandry area, where these pellets are extensively used to feed horses and other animals. Pulp pellets are sometimes used directly and numerous times as part of other foods and are a great source of nutrition as they are rich in protein and vitamins. The owners of horses and other livestock favour to use pulp pellets to feed their animals to deal them a good quantity of nutrition as an everyday diet. Due to such nutritive benefits, the demand for pulp pellets among animal owners is constantly growing which boosts the beet pulp pellets market growth.
Beet pulp shreds are prepared after the sugar removal procedure. It is a fibrous flake of sugar beets. These pieces are dehydrated in order to drop the water content to about 9%. The growing demand for shredded beet pulp as a popular animal feed element in both pet food as well as horse feed industries is hence helping the consumption of pulp pellets. Molasses are added to shreds known as molasses shreds to make it sugary and more necessary to grown-up or active horses and help them retain their weight at the best level.
Comprehensive Analysis of Beet Pulp Pellets Market
The market can be segmented in various ways, depending on the focus of analysis such as by form, by application. Based on form, the market is segmented into molasses-based and plain. Based on application, the market is classified into swine feed, dairy feed, equine feed, others.
Asia Pacific region is dominating the beet pulp pellets market share due to increasing adoption of pulp pellets for several applications, such as animal feed, equine feed, and others.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Nordic Sugar (Copenhagen, Denmark), Trouw Nutrition Canada Inc (Okotoks, Canada), Midwest-Agri-Commodities (California, US), LaBudde Group Inc. (Cedarburg, US), Jelle de Vries BV (Friesland, Netherlands), InterFeed BV (Etten-Leur, Netherlands), Pestel Nutrition (Ontario, Canada), Michigan Sugar Company (Michigan, United States), Sucden (Paris, France), Amalgamated Sugar Company (Idaho, United States) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In June 2019, Numerous countries in Europe observed a downward movement in sugar beet pulp pellets (SBPP) prices due to various factors, such as weaker demand movement and robust making trends.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Million)
By Form
Molasses-based
Plain
By Application
Swine Feed
Dairy Feed
Equine feed
Others
By Geography
North America (By Type, Application, and By Country)
- The U.S. (By Form)
- Canada (By Form)
- Mexico (By Form)
- Germany (By Form)
- U.K. (By Form)
- Russia (By Form)
- France (By Form)
- Italy (By Form)
- Rest of Europe (By Form)
- China (By Form)
- India (By Form)
- Australia (By Form)
- Japan (By Form)
- Rest of Asia Pacific (By Form)
- Brazil (By Form)
- Argentina (By Form)
- Rest of South America (By Form)
- South Africa (By Form)
- Turkey (By Form)
- Rest of ME&A (By Form)
Table of Contents
145 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview on the Parent/Related Market
- 4.2. Supply Chain & Regulatory Analysis
- 4.3. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
- 4.4. Market Analysis and Insights (in Relation with COVID-19)
- 4.4.1. Impact of COVID-19 on the Market
- 4.4.2. Supply Chain Challenges due to the Pandemic
- 4.4.3. Potential Opportunities to Support the Market during the Global Crisis
- 5. Global Beet Pulp Pellets Market Analysis, Insights and Forecast, 2017–2028
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Form (Value)
- 5.2.1.1. Molasses-based Beet Pulp Pellets
- 5.2.1.2. Plain Beet Pulp Pellets
- 5.2.2. By Application (Value)
- 5.2.2.1. Swine Feed
- 5.2.2.2. Equine Feed
- 5.2.2.3. Dairy Feed
- 5.2.2.4. Others
- 5.2.3. By Region (Value)
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. South America
- 5.2.3.5. Middle East & Africa
- 6. North America Beet Pulp Pellets Market Analysis, Insights and Forecast, 2017–2028
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Form (Value)
- 6.2.1.1. Molasses-based Beet Pulp Pallets
- 6.2.1.2. Plain Beet Pulp Pallets
- 6.2.2. By Application (Value)
- 6.2.2.1. Swine Feed
- 6.2.2.2. Equine Feed
- 6.2.2.3. Dairy Feed
- 6.2.2.4. Others
- 6.2.3. By Country (Value)
- 6.2.3.1. U.S
- 6.2.3.1.1. By Form (Value)
- 6.2.3.1.1.1. Molasses-based Beet Pulp Pallets
- 6.2.3.1.1.2. Plain Beet Pulp Pallets
- 6.2.3.2. Canada
- 6.2.3.2.1. By Form (Value)
- 6.2.3.2.1.1. Molasses-based Beet Pulp Pallets
- 6.2.3.2.1.2. Plain Beet Pulp Pallets
- 6.2.3.3. Mexico
- 6.2.3.3.1. By Form (Value)
- 6.2.3.3.1.1. Molasses-based Beet Pulp Pallets
- 6.2.3.3.1.2. Plain Beet Pulp Pallets
- 7. Europe Beet Pulp Pellets Market Analysis, Insights and Forecast, 2017–2028
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Form (Value)
- 7.2.1.1. Molasses-based Beet Pulp Pallets
- 7.2.1.2. Plain Beet Pulp Pallets
- 7.2.2. By Application (Value)
- 7.2.2.1. Swine Feed
- 7.2.2.2. Equine Feed
- 7.2.2.3. Dairy Feed
- 7.2.2.4. Others
- 7.2.3. By Country (Value)
- 7.2.3.1. Germany
- 7.2.3.1.1. By Form (Value)
- 7.2.3.1.1.1. Molasses-based Beet Pulp Pallets
- 7.2.3.1.1.2. Plain Beet Pulp Pallets
- 7.2.3.2. U.K.
- 7.2.3.2.1. By Form (Value)
- 7.2.3.2.1.1. Molasses-based Beet Pulp Pallets
- 7.2.3.2.1.2. Plain Beet Pulp Pallets
- 7.2.3.3. Russia
- 7.2.3.3.1. By Form (Value)
- 7.2.3.3.1.1. Molasses-based Beet Pulp Pallets
- 7.2.3.3.1.2. Plain Beet Pulp Pallets
- 7.2.3.4. France
- 7.2.3.4.1. By Form (Value)
- 7.2.3.4.1.1. Molasses-based Beet Pulp Pallets
- 7.2.3.4.1.2. Plain Beet Pulp Pallets
- 7.2.3.5. Italy
- 7.2.3.5.1. By Form (Value)
- 7.2.3.5.1.1. Molasses-based Beet Pulp Pallets
- 7.2.3.5.1.2. Plain Beet Pulp Pallets
- 7.2.3.6. Rest of Europe
- 7.2.3.6.1. By Form (Value)
- 7.2.3.6.1.1. Molasses-based Beet Pulp Pallets
- 7.2.3.6.1.2. Plain Beet Pulp Pallets
- 8. Asia-Pacific Beet Pulp Pellets Market Analysis, Insights and Forecast, 2017–2028
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Form (Value)
- 8.2.1.1. Molasses-based Beet Pulp Pallets
- 8.2.1.2. Plain Beet Pulp Pallets
- 8.2.2. By Application (Value)
- 8.2.2.1. Swine Feed
- 8.2.2.2. Equine Feed
- 8.2.2.3. Dairy Feed
- 8.2.2.4. Others
- 8.2.3. By Country (Value)
- 8.2.3.1. China
- 8.2.3.1.1. By Form (Value)
- 8.2.3.1.1.1. Molasses-based Beet Pulp Pallets
- 8.2.3.1.1.2. Plain Beet Pulp Pallets
- 8.2.3.2. India
- 8.2.3.2.1. By Form (Value)
- 8.2.3.2.1.1. Molasses-based Beet Pulp Pallets
- 8.2.3.2.1.2. Plain Beet Pulp Pallets
- 8.2.3.3. Australia
- 8.2.3.3.1. By Form (Value)
- 8.2.3.3.1.1. Molasses-based Beet Pulp Pallets
- 8.2.3.3.1.2. Plain Beet Pulp Pallets
- 8.2.3.4. Japan
- 8.2.3.4.1. By Form (Value)
- 8.2.3.4.1.1. Molasses-based Beet Pulp Pallets
- 8.2.3.4.1.2. Plain Beet Pulp Pallets
- 8.2.3.5. Rest of Asia-Pacific
- 8.2.3.5.1. By Form (Value)
- 8.2.3.5.1.1. Molasses-based Beet Pulp Pallets
- 8.2.3.5.1.2. Plain Beet Pulp Pallets
- 9. South America Beet Pulp Pellets Market Analysis, Insights and Forecast, 2017–2028
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Form (Value)
- 9.2.1.1. Molasses-based Beet Pulp Pallets
- 9.2.1.2. Plain Beet Pulp Pallets
- 9.2.2. By Application (Value)
- 9.2.2.1. Swine Feed
- 9.2.2.2. Equine Feed
- 9.2.2.3. Dairy Feed
- 9.2.2.4. Others
- 9.2.3. By Country (Value)
- 9.2.3.1. Brazil
- 9.2.3.1.1. By Form (Value)
- 9.2.3.1.1.1. Molasses-based Beet Pulp Pallets
- 9.2.3.1.1.2. Plain Beet Pulp Pallets
- 9.2.3.2. Argentina
- 9.2.3.2.1. By Form (Value)
- 9.2.3.2.1.1. Molasses-based Beet Pulp Pallets
- 9.2.3.2.1.2. Plain Beet Pulp Pallets
- 9.2.3.3. Rest of South America
- 9.2.3.3.1. By Form (Value)
- 9.2.3.3.1.1. Molasses-based Beet Pulp Pallets
- 9.2.3.3.1.2. Plain Beet Pulp Pallets
- 10. Middle East & Africa Beet Pulp Pellets Market Analysis, Insights and Forecast, 2017–2028
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Form (Value)
- 10.2.1.1. Molasses-based Beet Pulp Pallets
- 10.2.1.2. Plain Beet Pulp Pallets
- 10.2.2. By Application (Value)
- 10.2.2.1. Swine Feed
- 10.2.2.2. Equine Feed
- 10.2.2.3. Dairy Feed
- 10.2.2.4. Others
- 10.2.3. By Country (Value)
- 10.2.3.1. South Africa
- 10.2.3.1.1. By Form (Value)
- 10.2.3.1.1.1. Molasses-based Beet Pulp Pallets
- 10.2.3.1.1.2. Plain Beet Pulp Pallets
- 10.2.3.2. Turkey
- 10.2.3.2.1. By Form (Value)
- 10.2.3.2.1.1. Molasses-based Beet Pulp Pallets
- 10.2.3.2.1.2. Plain Beet Pulp Pallets
- 10.2.3.3. Rest of Middle East & Africa
- 10.2.3.3.1. By Form (Value)
- 10.2.3.3.1.1. Molasses-based Beet Pulp Pallets
- 10.2.3.3.1.2. Plain Beet Pulp Pallets
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Beet Pulp Pellets Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 12. Company Profiles
- 12.1. Nordic Sugar
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent DevelopHouseholdts
- 12.2. Trouw Nutrition Canada Inc
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent DevelopHouseholdts
- 12.3. Midwet-Agri-Commodities
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent DevelopHouseholdts
- 12.4. LaBudde Group Inc
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent DevelopHouseholdts
- 12.5. Jelle de Vries BV
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent DevelopHouseholdts
- 12.6. InterFeed BV
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent DevelopHouseholdts
- 12.7. Pestel Nutrition
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent DevelopHouseholdts
- 12.8. Michigan Sugar Company
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent DevelopHouseholdts
- 12.9. Saladrana D.d
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent DevelopHouseholdts
- 12.10. Amalgamated Sugar Company
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent DevelopHouseholdts
- 13. Appendix
Pricing
Currency Rates
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