Growing Adoption of Sustainable Agriculture Practices and Increasing Demand for Renewable Energy Boosting Vinasse Sales
Rockville, Dec. 17, 2023 (GLOBE NEWSWIRE) -- Fact.MR, a market research and competitive intelligence provider, states that the global Vinasse Market is estimated at US$ 886.9 million in 2024 and is forecasted to reach US$ 1.45 billion by the end of 2034.
Vinasse is a byproduct of biomass distillation. Due to its versatility, vinasse is gaining prominence as a valuable resource in various industries, particularly in agriculture and renewable energy. As a residue from the production of bioethanol, vinasse is recognized for its nutrient-rich composition and eco-friendly attributes.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9212
Key Segments of Vinasse Industry Research Report
| By Source | By Application | By Region |
|
|
|
Farmers are recognizing the benefits of vinasse in enhancing soil fertility and promoting sustainable crop yields. The increasing emphasis on sustainable farming practices is driving the adoption of vinasse fertilizers. Expansion of the bioenergy sector, driven by the demand for renewable fuels, is leading to the high production of vinasse. Vinasse's role in the bioethanol production process positions it as a crucial component in the broader bioenergy landscape.
Key Takeaways from Market Study
- The global vinasse market is predicted to increase at a CAGR of 5.1% from 2024 to 2034.
- The United States market is projected to reach US$ 254.7 million by 2034-end.
- Sales of vinasse in Japan are projected to increase at a CAGR of 6% through 2034.
- Sugarcane vinasse sales are pegged at US$ 570 million for 2024.
“Supportive policies promoting waste-to-energy initiatives across the globe are driving the sales of vinasse,” says a Fact.MR analyst.
Competitive Analysis
Leading manufacturers of vinasse are adopting several organic and inorganic strategies such as technological innovations, product customization, regional expansion, and collaborations to increase their market shares. Key market players are also focusing on mergers and acquisitions to increase their product offerings and market reach.
Key Companies Profiled
- USA Distillers
- Deleplanque
- Dacam Fertilizers BV and Dacam Feed BV
- ED&F Man
- Chengdu Green Gold Hi-Tech Co., Ltd.
- OSMO
- OMEX Agriculture Inc.
- Saint Louis Sucre
- Tereos Group
Japan's emphasis on waste-to-energy approaches underscores its commitment to harnessing usable energy from diverse waste materials. Specifically, byproducts like vinasse, produced during processes like bioethanol production, are in line with Japan's waste-to-energy goals.
The waste-to-energy concept revolves around transforming different waste forms, typically destined for disposal, into viable energy sources. In the instance of vinasse, Japan is actively tapping into its energy potential instead of treating it merely as waste. This aligns with the overarching objective of optimizing the utility of all accessible resources while mitigating environmental impact.
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9212
| Report Attribute | Details |
| Value Projection (2034) | USD 1.45 Billion |
| Growth Rate (2024-2034) | 5.1% CAGR |
| No. of pages | 170 Pages |
| No. of Tables | 25 Tables |
| No. of Figures | 132 Figures |
Vinasse Fertilizers: A Sustainable Boost for Agricultural Growth
Vinasse, inherently abundant in essential nutrients such as nitrogen, phosphorus, and potassium (NPK), along with organic matter, serves as a valuable and comprehensive resource for fertilizer production. Its nutrient-rich composition ensures the provision of essential elements for optimal plant growth. The global trend towards sustainable and eco-friendly agricultural practices is further driving the demand for vinasse-based fertilizers.
The nutrient-dense content of vinasse not only enhances soil structure, water retention, and overall soil health but also contributes to the long-term improvement of soil quality. Fertilizers enriched with vinasse become a compelling choice for agricultural use, aligning with the growing emphasis on sustainable practices in global agriculture.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global vinasse market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights on the market based on source (sugarcane, sugar beet, others) and application (fertilizers, fermentation, animal feed, energy production, others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
Checkout More Related Studies Published by Fact.MR Research:
Raw Cane Sugar Market: The global raw cane sugar market is expected to register a steady growth attributed to surge in demand for low cholesterol food products.
Refined Cane Sugar Market: As such, the global refined cane sugar market is expected to increase from a valuation of US$ 61.9 billion in 2023 to US$ 109.3 billion by the end of 2033.
Raw Beetroot Sugar Market: The global raw beetroot sugar market is valued at US$ 6 billion in 2023 and is predicted to reach US$ 11 billion by 2033-end.
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
Follow Us: LinkedIn | Twitter | Blog
