Beet pulp is a product of leftover sugar from sugar beet. It is used to nourish the horses and many other livestock. It is low in sugar and also a good source of energy for the livestock, and can be absorbed quickly. Beet Pulp has a positive growth in the animal industry. Horses cannot have the dry beet pulp because it can cause indigestion. It has to be soaked for 1 to 2 hours in water before being consumed by the horses. For other livestock like cattle, pigs, goats, rabbits, sheep, there is no need to soak in water because it will provide them better nutrition, potassium, and high energy.
COVID-19 Scenario Analysis:
In COVID-19, the demand for Beet Pulp Market has been reduced as they want to fulfill their basic needs, and it is difficult for the horse owners to feed their horses. Production and Supply of Beet Pulp in European countries also hampered due to COVID 19. The closedown of retail stores has decreased the sales for the beet pulp.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Beet pulp is majorly demanded to feed the horses and also helps the horses to gain weight because it has more calories. Beet Pulp bifurcate into three forms pellets, Shreds, and crumbles. As dust is the main factor of shreds so it should be soaked in proper water so that all dust will vanish, and it does not provide any harm to horses. If Beet pulp is not properly soaked in water it will harm the health of horses i.e. their stomach will enlarge, and afterward if they don’t get a good amount of water it creates a problem for horses. Beet pulp is good if soak for only 1 to 2 hours, but if they are soaked for more than 12 hours it will taste like sour, and then it can’t be fed to their horses. That’s why owners of horses inclined towards the substitute product of beet pulp to avoid the procedure.
If Beet Pulp is soaked in hot water, then make sure it is properly cooled down before giving feed to the horses. It has a low amount of phosphorous, sugar but has a good source of energy. Before giving feed to horses make sure that your horse does not have any disease that will cause any harm to them.
Beet Pulp is a good supplement and good tonic for the senior horses because they are not able to chew the things properly. Beet Pulp provides good fiber to the horses that not any product provides them, and it will boost their energy power, and they do their work properly. Like we all human beings need good fiber then only we feel energetic and do our work properly and it will be the same applied to animals also. Beet Pulp has two distribution channels online and offline stores where Beet pulp is readily available.
Due to good production capacity, Europe has a good share in the market of Beet Pulp. Half of the beet pulp is produced in the European region and after it produced, they supply to different countries.
Increasing in consumption of livestock in Japan and Morraco these countries became the importer of beet pulp.
Key Benefits of the Report:
- This study presents the analytical depiction of the Beet Pulp Market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Beet Pulp Market share.
- The current market is quantitatively analyzed to highlight the global Beet Pulp Market scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global thermistor market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Beet Pulp Market Report:
- What are the leading market players active in the Beet Pulp Market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Beet Pulp Market Report Highlights
By Distribution Channel
Key Market Players
Michigan Sugar Company, Feed Impex B.V, Delta Sugar Company, Amalgamated Sugar Company LLC, Rana Sugar Ltd, Tereos Nordic Sugar Company LLC, Nippon Beet Sugar Manufacturing Co Ltd, American Crystal Sugar Company