Sugar Beet Juice Extract Market Snapshot (2022 to 2032)

Global Sugar Beet Juice Extract Market demand is anticipated to be valued at US$ 5.09 in 2022, forecast to grow at a CAGR of 5.6% to be valued at US$ 8.8 Billion from 2022 to 2032. Growth is attributed to the rising prevalence of lifestyle diseases such as obesity, diabetes, high blood pressure, and other cardiovascular diseases.

Report Attribute Details
Estimated Base Year Value (2021) US$ 4.82 Billion
Expected Market Value (2022) US$ 5.09 Billion
Anticipated Forecast Value (2032) US$ 8.8 Billion
Projected Growth Rate (2022 to 2032) 5.6% CAGR

Traditionally, Sugar beet (Beta vulgaris L.), a plant root belonging to the amaranth family, is cultivated in temperate regions and is rich in the concentration of sucrose. Sugar beet is cultivated in many countries such as the USA, Russia, African countries, South America, and the Middle East, mainly for the sugar beet juice extract.

The juice extracted from the sugar beet plant is used as a natural sweetener in many food & beverage products. Sugar beet juice extract is extracted from diced sugar beets by the solid-liquid extraction method using water. Sugar beet juice extract is used mainly for the production of processed sugar which is one of the largest manufactured ingredients in the world.

North America is considered to be a highly lucrative market for the sugar beet juice extract market and its different products, driven primarily by its utilization across the food industry, sugar industry, and sports nutrition. The thick sugar beet juice extract can also be used for the production of bioethanol. For the production of bioethanol, the thick juice can be fermented directly with the aid of yeasts.

Simultaneously, the harvesting process for sugar beet extract and the high prices of processing equipment will pose a major challenge to the growth of the market. Hence, manufacturers are striving to develop more user-friendly alternatives. This is expected to restrain market growth to a significant extent.

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Which Are Some Prominent Drivers Spearheading Sugar Beet Juice Extract Market Growth?

The food and beverage industry is expected to accrue significant benefits to the global sugar beet juice extract market. The sugar beet juice extract market is expected to witness significant growth in the near future. This is attributed to the increasing availability of these products across online stores and specialty stores.

Technological development in processing methods and new techniques are being developed to extract biofuel and bioproducts from sugar beet juice extract. This will increase the demand for the market through forecasting years. Due to the increasing population, the demand for the sugar industry is high in the Pharmaceutical and cosmetics industries.

What Are The Challenges Faced By The Sugar Beet Juice Extract Industry?

Although the sugar beet juice extract market has numerous end-uses, there are numerous obstacles that likely pose a challenge to market growth. The availability of other low-cost alternatives may hinder the growth of the sugar beet juice extract market. With increasingly complex rules and regulations, sugar beet juice extract manufacturing companies are focusing on producing creative and innovative products.

The high cost associated with the research and development activities and the availability of alternatives is anticipated to act as a significant growth barrier to the sugar beet juice extract market in forthcoming years.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Why Is North America Emerging As An Opportunistic Sugar Beet Juice Extract Market?

North America was the largest market for sugar beet juice extract market and the trend is expected to continue into the forecast period owing to the high production of sugar beet in the region. Growing demand for natural sweeteners is expected to augment the sugar beet juice extract market. The region is forecast to surge at over 5.2% CAGR from 2022 to 2032.

About half of the sugar produced in the USA is from sugar beet juice extract which is likely to increase in the future owing to the increased pharmaceutical industry. Also, sucrose from sugar beet is widely used as a food or food additive and is among some of the most prominent growth drivers for the North American region.

How Is Europe Contributing To The Growth Of The Sugar Beet Juice Extract Market?

According to Future Market Insights, Europe is expected to provide immense growth opportunities for the sugar beet juice extract Market, with Germany expected to steer the bulk of all regional markets as research in the production of bioethanol is increasing in the country.

Sugar beet is a good crop for bioethanol production, thus increasing the demand for sugar beet juice extract in the region. Sugar beet juice extract is a good source of fiber, vitamin C, iron, and calcium. Sugar beet juice extract also contains silica, which is very good for skin health and scalp health. Thus the demand Is high in the cosmetic and personal care industry.

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Market Competition

Some of the key participants present in the global sugar beet juice extract market include NutriScience Innovations LLC., BMA BraunschweigischeMaschinenbauanstalt AG, Nordzucker AG, Amalgamated Sugar Company, Crop Energies AG, Siemens AG, and Agrana Zucker GmbH among others.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as NutriScience Innovations LLC., and BMA BraunschweigischeMaschinenbauanstalt AG, account for a considerable market size, several regional-level players are also operating across key growth regions, particularly in the Asia Pacific.

Report Scope

Report Attribute Details
Growth Rate CAGR of 5.6% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2017 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Nature
  • End-use
  • Distribution Channel
  • Region
Regions Covered
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
Key Countries Profiled
  • USA
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • Malesia
  • Singapore
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa
  • Israel
Key Companies Profiled
  • NutriScience Innovations Llc
  • BMA AG
  • Nordzucker AG
  • Amalgamated Sugar Company
  • Crop Energies AG
  • Siemens AG
  • Agrana Zucker GmbH
Customization Available Upon Request

Key Segments Profiled In The Sugar Beet Juice Extract Industry Survey

By Nature:

  • Organic
  • Conventional

By End-use :

  • Food & Beverage
  • Baked Goods
  • Sugar Industry
  • Condiments
  • Confectionery
  • Dairy
  • Animal feed
  • Cosmetics & Personal care
  • Dietary supplements
  • Sports Nutrition
  • Biofuel

By Distribution Channel:

  • Direct Channel
  • Indirect Channel
    • Online Stores
    • Specialty Stores

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

Frequently Asked Questions

What is the anticipated growth of the sugar beet juice extract market until 2032?

FMI projects the global sugar beet juice extract market to expand at a 5.6% value CAGR by 2032

Which region is forecast to be the most lucrative for sugar beet juice extract market growth?

North America is expected to be the most opportunistic mussel oils market, expanding at a 5.2% CAGR

Which are some prominent sugar beet juice extract manufacturers?

Nutriscience Innovations LLC., BMA BreunschweigischeMschinenbauanstalt AG, Nordzucker AG, Amalgamated Sugar Company, Crop Energies AG, Siemens AG, and Agrana Zucker GmbH Limited are some prominent sugar beet juice extract manufacturers

Table of Content
1. Executive Summary | Sugar Beet Juice Extract Market
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and Their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyers
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
    4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2021
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Nature, 2017 to 2021
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Nature, 2022 to 2032
        5.3.1. Organic
        5.3.2. Conventional
    5.4. Y-o-Y Growth Trend Analysis By Nature, 2017 to 2021
    5.5. Absolute $ Opportunity Analysis By Nature, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2017 to 2021
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2022 to 2032
        6.3.1. Food & Beverages
        6.3.2. Baked Goods
        6.3.3. Sugar Industry
        6.3.4. Condiments
        6.3.5. Confectionery
        6.3.6. Dairy
        6.3.7. Animal Feed
        6.3.8. Cosmetics & Personal Care
        6.3.9. Dietary Supplements
        6.3.10. Sports Nutrition
        6.3.11. Biofuel
    6.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021
    6.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Distribution Channel, 2017 to 2021
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Distribution Channel, 2022 to 2032
        7.3.1. Direct
        7.3.2. Indirect
            7.3.2.1. Online stores
            7.3.2.2. Specialty stores
    7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2017 to 2021
    7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2021
    8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Europe
        8.3.4. Asia Pacific
        8.3.5. Middle East and Africa
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        9.2.1. By Country
            9.2.1.1. USA
            9.2.1.2. Canada
        9.2.2. By Nature
        9.2.3. By End Use
        9.2.4. By Distribution Channel
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Nature
        9.3.3. By End Use
        9.3.4. By Distribution Channel
    9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Nature
        10.2.3. By End Use
        10.2.4. By Distribution Channel
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Nature
        10.3.3. By End Use
        10.3.4. By Distribution Channel
    10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. United Kingdom
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Europe
        11.2.2. By Nature
        11.2.3. By End Use
        11.2.4. By Distribution Channel
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Nature
        11.3.3. By End Use
        11.3.4. By Distribution Channel
    11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        12.2.1. By Country
            12.2.1.1. China
            12.2.1.2. Japan
            12.2.1.3. South Korea
            12.2.1.4. Malaysia
            12.2.1.5. Singapore
            12.2.1.6. Australia
            12.2.1.7. New Zealand
            12.2.1.8. Rest of Asia Pacific
        12.2.2. By Nature
        12.2.3. By End Use
        12.2.4. By Distribution Channel
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Nature
        12.3.3. By End Use
        12.3.4. By Distribution Channel
    12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021
    13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
        13.2.1. By Country
            13.2.1.1. GCC Countries
            13.2.1.2. South Africa
            13.2.1.3. Israel
            13.2.1.4. Rest of Middle East and Africa
        13.2.2. By Nature
        13.2.3. By End Use
        13.2.4. By Distribution Channel
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Nature
        13.3.3. By End Use
        13.3.4. By Distribution Channel
    13.4. Key Takeaways
14. Key Countries Market Analysis
    14.1. USA
        14.1.1. Pricing Analysis
        14.1.2. Market Share Analysis, 2021
            14.1.2.1. By Nature
            14.1.2.2. By End Use
            14.1.2.3. By Distribution Channel
    14.2. Canada
        14.2.1. Pricing Analysis
        14.2.2. Market Share Analysis, 2021
            14.2.2.1. By Nature
            14.2.2.2. By End Use
            14.2.2.3. By Distribution Channel
    14.3. Brazil
        14.3.1. Pricing Analysis
        14.3.2. Market Share Analysis, 2021
            14.3.2.1. By Nature
            14.3.2.2. By End Use
            14.3.2.3. By Distribution Channel
    14.4. Mexico
        14.4.1. Pricing Analysis
        14.4.2. Market Share Analysis, 2021
            14.4.2.1. By Nature
            14.4.2.2. By End Use
            14.4.2.3. By Distribution Channel
    14.5. Germany
        14.5.1. Pricing Analysis
        14.5.2. Market Share Analysis, 2021
            14.5.2.1. By Nature
            14.5.2.2. By End Use
            14.5.2.3. By Distribution Channel
    14.6. United Kingdom
        14.6.1. Pricing Analysis
        14.6.2. Market Share Analysis, 2021
            14.6.2.1. By Nature
            14.6.2.2. By End Use
            14.6.2.3. By Distribution Channel
    14.7. France
        14.7.1. Pricing Analysis
        14.7.2. Market Share Analysis, 2021
            14.7.2.1. By Nature
            14.7.2.2. By End Use
            14.7.2.3. By Distribution Channel
    14.8. Spain
        14.8.1. Pricing Analysis
        14.8.2. Market Share Analysis, 2021
            14.8.2.1. By Nature
            14.8.2.2. By End Use
            14.8.2.3. By Distribution Channel
    14.9. Italy
        14.9.1. Pricing Analysis
        14.9.2. Market Share Analysis, 2021
            14.9.2.1. By Nature
            14.9.2.2. By End Use
            14.9.2.3. By Distribution Channel
    14.10. China
        14.10.1. Pricing Analysis
        14.10.2. Market Share Analysis, 2021
            14.10.2.1. By Nature
            14.10.2.2. By End Use
            14.10.2.3. By Distribution Channel
    14.11. Japan
        14.11.1. Pricing Analysis
        14.11.2. Market Share Analysis, 2021
            14.11.2.1. By Nature
            14.11.2.2. By End Use
            14.11.2.3. By Distribution Channel
    14.12. South Korea
        14.12.1. Pricing Analysis
        14.12.2. Market Share Analysis, 2021
            14.12.2.1. By Nature
            14.12.2.2. By End Use
            14.12.2.3. By Distribution Channel
    14.13. Malaysia
        14.13.1. Pricing Analysis
        14.13.2. Market Share Analysis, 2021
            14.13.2.1. By Nature
            14.13.2.2. By End Use
            14.13.2.3. By Distribution Channel
    14.14. Singapore
        14.14.1. Pricing Analysis
        14.14.2. Market Share Analysis, 2021
            14.14.2.1. By Nature
            14.14.2.2. By End Use
            14.14.2.3. By Distribution Channel
    14.15. Australia
        14.15.1. Pricing Analysis
        14.15.2. Market Share Analysis, 2021
            14.15.2.1. By Nature
            14.15.2.2. By End Use
            14.15.2.3. By Distribution Channel
    14.16. New Zealand
        14.16.1. Pricing Analysis
        14.16.2. Market Share Analysis, 2021
            14.16.2.1. By Nature
            14.16.2.2. By End Use
            14.16.2.3. By Distribution Channel
    14.17. GCC Countries
        14.17.1. Pricing Analysis
        14.17.2. Market Share Analysis, 2021
            14.17.2.1. By Nature
            14.17.2.2. By End Use
            14.17.2.3. By Distribution Channel
    14.18. South Africa
        14.18.1. Pricing Analysis
        14.18.2. Market Share Analysis, 2021
            14.18.2.1. By Nature
            14.18.2.2. By End Use
            14.18.2.3. By Distribution Channel
    14.19. Israel
        14.19.1. Pricing Analysis
        14.19.2. Market Share Analysis, 2021
            14.19.2.1. By Nature
            14.19.2.2. By End Use
            14.19.2.3. By Distribution Channel
15. Market Structure Analysis
    15.1. Competition Dashboard
    15.2. Competition Benchmarking
    15.3. Market Share Analysis of Top Players
        15.3.1. By Regional
        15.3.2. By Nature
        15.3.3. By End Use
        15.3.4. By Distribution Channel
16. Competition Analysis
    16.1. Competition Deep Dive
        16.1.1. NutriScience Innovations Llc
            16.1.1.1. Overview
            16.1.1.2. Product Portfolio
            16.1.1.3. Profitability by Market Segments
            16.1.1.4. Sales Footprint
            16.1.1.5. Strategy Overview
                16.1.1.5.1. Marketing Strategy
                16.1.1.5.2. Product Strategy
                16.1.1.5.3. Channel Strategy
        16.1.2. BMA AG
            16.1.2.1. Overview
            16.1.2.2. Product Portfolio
            16.1.2.3. Profitability by Market Segments
            16.1.2.4. Sales Footprint
            16.1.2.5. Strategy Overview
                16.1.2.5.1. Marketing Strategy
                16.1.2.5.2. Product Strategy
                16.1.2.5.3. Channel Strategy
        16.1.3. Nordzucker AG
            16.1.3.1. Overview
            16.1.3.2. Product Portfolio
            16.1.3.3. Profitability by Market Segments
            16.1.3.4. Sales Footprint
            16.1.3.5. Strategy Overview
                16.1.3.5.1. Marketing Strategy
                16.1.3.5.2. Product Strategy
                16.1.3.5.3. Channel Strategy
        16.1.4. Amalgamated Sugar Company
            16.1.4.1. Overview
            16.1.4.2. Product Portfolio
            16.1.4.3. Profitability by Market Segments
            16.1.4.4. Sales Footprint
            16.1.4.5. Strategy Overview
                16.1.4.5.1. Marketing Strategy
                16.1.4.5.2. Product Strategy
                16.1.4.5.3. Channel Strategy
        16.1.5. Crop Energies AG
            16.1.5.1. Overview
            16.1.5.2. Product Portfolio
            16.1.5.3. Profitability by Market Segments
            16.1.5.4. Sales Footprint
            16.1.5.5. Strategy Overview
                16.1.5.5.1. Marketing Strategy
                16.1.5.5.2. Product Strategy
                16.1.5.5.3. Channel Strategy
        16.1.6. Siemens AG
            16.1.6.1. Overview
            16.1.6.2. Product Portfolio
            16.1.6.3. Profitability by Market Segments
            16.1.6.4. Sales Footprint
            16.1.6.5. Strategy Overview
                16.1.6.5.1. Marketing Strategy
                16.1.6.5.2. Product Strategy
                16.1.6.5.3. Channel Strategy
        16.1.7. Agrana Zucker GmbH
            16.1.7.1. Overview
            16.1.7.2. Product Portfolio
            16.1.7.3. Profitability by Market Segments
            16.1.7.4. Sales Footprint
            16.1.7.5. Strategy Overview
                16.1.7.5.1. Marketing Strategy
                16.1.7.5.2. Product Strategy
                16.1.7.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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