What is Beet Pulp?
Beet pulp is the fibrous, energy-rich by-product of the processing of sugar beet which is used as fodder for horses and other livestock. It has outstanding feeding value for all classes of livestock such as ruminants, pigs and horses. Beet pulp is primarily used for dairy cattle as it has a galactagogue effect. The factors such as High Demand for Beet Pulp as Fodder for Horses and Other Livestock, High Nutritional Value of Beet Pulp and Increased Awareness about the Importance of Animal health are the key driving factors for the global Beet Pulp market. In addition, Increasing Demand for Plant-Based Products also fueling the market growth. However, Fluctuations in the Raw Material Prices may affect the market growth.
The market study is broken down by Type (Wet Pulp, Pressed Pulp, Dried Pulp (Pellets and Shreds) and Ensiled Pulp), by Application (Animal feed, Pharmaceuticals and Dietary Supplements) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Beet Pulp market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amalgamated Sugar Company (United States), Michigan Sugar Company (United States), Midwest Agri-Commodities Company (United States), Tereos (France), British Sugar plc (United Kingdom), Nordzucker AG (Germany), Ontario Dehy Inc. (Canada), American Crystal Sugar Company (United States) and Delta Sugar Company (Egypt) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Beet Pulp market by Type, Application and Region.
On the basis of geography, the market of Beet Pulp has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Beet Pulp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. B2B will boost the Beet Pulp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Livestock Type, the sub-segment i.e. Cow will boost the Beet Pulp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Increasing Demand for Plant-Based Products
Market Drivers
- High Demand for Beet Pulp as Fodder for Horses and Other Livestock
- High Nutritional Value of Beet Pulp
- Increased Awareness about Importance of Animal Helth
Opportunities
- Increasing Application of Beet Pulp
- Growth in the Animal Feed Industry
- Robust Increase in the Distribution Channels
Restraints
- Fluctuations in the Raw Material Prices
Challenges
- Need Proper Handling of Beet Pulp
Key Target Audience
Beet Pulp Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.