Vinasse Market is set to experience a value growth of around 4.5% CAGR over the next ten years - Persistence Market Research

NEW YORK, March 17, 2021 /PRNewswire/ -- Application of vinasse is increasing in the animals feed industry, owing to rising preference for natural and nutritious animal feed additives that improve the performance of animals. Vinasse is used as an additive in animal feed due to its probiotic properties, which results in better feed conversion and increased body weight. Sourced from sugarcane and sugar beet, the former outweighs the latter by a long way across geographies.

Vinasse can also be used as a carrier in premixes, as a palatability improver, or a ruminal activator. Presence of organic acid in vinasse supports better digestion, synthesis, and vitamin and mineral adsorption, and improves feed metabolism. Thus, animal feed manufacturers are increasingly preferring vinasse to make healthy animal feed additives. As such, the global vinasse market is set to experience a value growth of around 4.5% CAGR over the next ten years.

 Key Takeaways from Market Study

• The vinasse market in India and China is anticipated to grow at CAGRs of 6.7% and 5.7%, respectively, through 2030.
• By source, sugarcane is witnessing a prominent market value share at more than 90%. The key contributing factor for the high production of ratio of vinasse through sugarcane is low cost as compared to sugar beet.
• North America and Europe hold around half the share of the global market, mainly on back of high consumption of vinasse-based products in these regions.
• In Asia Pacific, manufacturers are increasingly using vinasse sourced from sugarcane, owing to the presence of large sugarcane producing countries such as India, China, Indonesia, and Thailand.
• Application of vinasse in animal feed is expected to surge at a value CAGR of more than 5% in Europe and 4% in the U.S., respectively, over the forecast period.
• Germany, the U.K., France, Italy, and Spain hold significant shares for vinasse in Europe.
• COVID-19 has had a moderate impact on the progress of the vinasse market. However, with increasing demand for nutritious and high yielding animal feed products, losses are expected to be recovered in the near term.

Get Sample PDF of Report: https://www.persistencemarketresearch.com/samples/16693

"Vinasse is a rich source of organic matter, calcium, and potassium, followed by moderate amounts of nitrogen and phosphorus. Added in animal feed products, it aids in boosting weight and enhancing the health performance of animals. Thus, manufacturers could gain increased profits by offering vinasse for animal feed," says a Persistence Market Research analyst.

Know the Methodology of report by asking an expert: https://www.persistencemarketresearch.com/ask-an-expert/16693

Competitive Landscape

Vinasse manufacturers are focusing on increasing its application by investing in research & development to develop new products. Manufacturers are constantly making efforts in increasing sales across various application industries.

• In 2019, Tereos Group founded its Europe Campus in Paris, France, which hosts around 500 employees for the company's European operations. This expansion will help the company work in a more collaborative and cross-disciplinary manner as a team and leverage business complementarities.
• In 2015, E D & F Man acquired Mercatura, a Netherlands-based company that operates in the business of trading animal feed industry products. This acquisition will help E D & F Man strengthen its presence in the country as well as enhance its distribution system for products offered in the animal feed industry.

Get Full Access of report: https://www.persistencemarketresearch.com/checkout/16693

Explore More Valuable Insights

Persistence Market Research, in its new report, offers an impartial analysis of the global vinasse market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the basis of source (sugarcane and sugar beet) and application (fertilizers, fermentation, animal feed, energy production, and others), across seven major regions of the world.

Browse Research Release at: https://www.persistencemarketresearch.com/market-reports.asp

Browse End-to-end Market: Food and Beverages 

Related Reports:

• Functional Food Ingredients Market: https://www.persistencemarketresearch.com/market-research/functional-food-ingredients-market.asp
• Heart Health Supplements Market: https://www.persistencemarketresearch.com/market-research/heart-health-supplements-market.asp

About Persistence Market Research 

Overview:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact

Rajendra Singh
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: [email protected] 
Visit Our Website: https://www.persistencemarketresearch.com

SOURCE Persistence Market Research Pvt. Ltd.