Beet-Pulp And Bagasse Market Overview in the USA
In value terms, beet-pulp and bagasse production expanded remarkably to $ in 2019. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2008 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a somewhat lower figure.
The size of the beet-pulp and bagasse market in the U.S. was estimated at $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of % y-o-y. As a result, consumption attained the peak level of $; afterwards, it flattened through to 2019.