Sugar Beet Juice Extract Global Market Report 2024

Sugar beet juice extract is the liquid derived from the roots of the sugar beet plant, which is known for its high sucrose concentrations.

The primary types of sugar beet juice extract are organic and conventional. Organic methods typically involve limited or no use of chemical fertilizers, while conventional methods utilize chemical fertilizers in the cultivation and extraction processes of sugar beet juice extract. Sugar beet juice extract finds major applications in various industries, including food and beverages, animal feed, biofuels, cosmetics and personal care, and others. In terms of distribution channels, the market is segmented into supermarkets and hypermarkets, convenience stores, and online platforms.

The sugar beet juice research report is one of a series of new reports that provides sugar beet juice statistics, including sugar beet juice industry global market size, regional shares, competitors with sugar beet juice shares, detailed sugar beet juice segments, market trends and opportunities, and any further data you may need to thrive in the sugar beet juice industry. This sugar beet juice research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The sugar beet juice extract market size has grown strongly in recent years. It will grow from $5.06 billion in 2023 to $5.42 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The historical growth in the sugar beet juice extract market can be attributed to its traditional use in the food and beverage industry, the widespread availability and cultivation of sugar beets, cost-effectiveness in production, the increasing demand for natural sweeteners, and regulatory approval and acceptance as a food ingredient.

The sugar beet juice extract market size is expected to see strong growth in the next few years. It will grow to $7.03 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be attributed to the rising consumer preference for clean label ingredients, increasing awareness of health benefits such as antioxidants and vitamins, the growing adoption of plant-based and natural ingredients, rising demand in emerging markets and developing countries, and the emphasis on sustainable sourcing and production practices. Key trends in the forecast period include technological advancements in extraction processes, the exploration of functional and nutraceutical applications, fortification and enrichment of products, increased collaborations and partnerships within the industry, and a growing focus on traceability and transparency.

The sugar beet juice extract market is anticipated to experience growth due to the increasing demand for alternatives to sugarcane. This demand is fueled by the focus on sugar beet cultivation, which requires less water irrigation compared to sugarcane. According to the United States Department of Agriculture, sugar beets have consistently accounted for 55 to 60% of sugar production in the USA since the mid-2000s, with sugarcane comprising 40 to 45%. The shift toward sugarcane substitutes, driven by water conservation concerns, is expected to drive the growth of the sugar beet juice extract market.

The sugar beet juice extract market is poised for growth with the rising demand for biofuels. Biofuels, derived from organic materials, are considered a renewable alternative to traditional fossil fuels. Sugar Beet Juice Extract Esters serve as a renewable feedstock in biofuel production. The International Energy Agency (IEA) reported in 2021 that global biofuel demand is projected to grow by 41 billion liters or 28% from 2021 to 2026. This growing demand for biofuels is identified as a key driver propelling the sugar beet juice extract market.

A significant trend in the sugar beet juice extract market is the introduction of new products. Just Juice It, an Ireland-based food company, exemplified this trend by launching a line of cold-pressed organic juice shots in 2021, featuring a beet juice shot. This particular beet juice extract is strategically targeted at sports nutrition applications, leveraging the performance-enhancing benefits of beet juice in increasing endurance.

Major players in the sugar beet juice extract market are innovating by introducing high-concentration beetroot juice crystals. An example is Nitrate 8000 Concentrated Beetroot Juice Crystals Sugar, designed to provide athletes with a higher concentration of dietary nitrate. Beet It Sport, a UK-based manufacturer, launched these crystals in March 2021, offering 400mg of dietary nitrate per 2-scoop serving, three times more than other athletic-targeted beetroot products. With a focus on purity and effectiveness, these crystals, certified by Informed Sport, gluten-free, and vegan, aim to enhance athletic performance and recovery when added to various foods or drinks.

Major companies operating in the sugar beet juice extract market include BMA AG, Agrana Zucker GmbH, Nippon Beet Sugar Manufacturing Co. Ltd., NutriScience Innovations LLC, Amalgamated Sugar Company LLC, Nordzucker AG, CropEnergies AG, Southern Minnesota Beet Sugar Cooperative, Südzucker Polska S.A., British Sugar PLC, Snake River Sugar Company, Agrana Beteiligungs-AG, Michigan Sugar Company, Rana Sugar Ltd., Tereos Internacional S.A., Cosucra Groupe Warcoing SA, Nordic Sugar A/S, Spreckels Sugar Company, Western Sugar Cooperative, American Crystal Sugar Company, Minn-Dak Farmers Cooperative, Sidney Sugars Incorporated, United Sugars Corporation, Imperial Sugar Company, Rogers Sugar Inc., Tongaat Hulett Sugar South Africa Ltd., Zucarmex S.A. de C.V., DuPont Inc., Tate and Lyle PLC, Siemens AG

North America was the largest region in the sugar beet juice extract market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global sugar beet juice market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the Sugar Beet Juice Extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The sugar beet juice extract market consists of sales of organic sugarcane juice and conventional sugarcane juice. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.