Citrus Pulp Pellets Market - Forecasts from 2023 to 2028

The global citrus pulp pellets market is projected to grow at a CAGR of 3.52%, reaching US$872.679 million in 2028 from US$685.014 million in 2021.

Citrus pulp is a byproduct of the citrus fruit processing industry, which is dried, limed & processed into pellets, and used as a valuable feed ingredient for livestock, particularly for ruminants like dairy cows and beef cattle. The pellets are dark brown and have a pleasant citrusy fragrance. Citrus pulp pellets are a fantastic energy source since they have a high fiber concentration and soluble carbohydrates. The citrus pulp pellets market encompasses the production, distribution, and utilization of these pellets across different industries.

The increasing demand for nutritious and sustainable animal feed products primarily drives the citrus pulp pellets market. Citrus pulp pellets are commonly used as a feed ingredient for livestock, particularly ruminants, such as dairy cows and beef cattle. The high fiber content and nutritional value of citrus pulp make it a valuable component of animal feed formulations. As the demand for animal protein and dairy products increases, so does the demand for citrus pulp pellets as an economical and nutritious feed ingredient. According to the FEFAC's latest report, European domesticated animals consumed almost 701 million tonnes in 2021. The European animal feed industry produced 150.3 million tonnes of feed products in 2021.

However, challenges such as seasonal availability & supply, stiff competition from alternative feed ingredients, and stringent regulatory norms pose potential restraints to market growth. Manufacturers and stakeholders in this market are actively exploring new applications and value-added products to meet the evolving demands of various industries.

The growing demand for nutritious and sustainable animal feed products is supporting the citrus pulp pellets demand over the forecast period.

Citrus pulp is rich in fiber, carbohydrates, vitamins, and minerals, making it a nutritious addition to animal feed formulations. Including citrus pulp pellets in animal, diets enhance the overall nutritional profile, supporting animal health and productivity - the high fiber content aids in rumen health and digestion, promoting better feed utilization and performance. Citrus pulp pellets can enhance milk's fat content by raising the rumen's acetic acid production and the quantity and quality of NDF. It also includes an essential oil called Limonene and is useful as a dietary supplement. The citrus pulp pellets market aligns with the growing demand for sustainable practices in the agricultural sector. By utilizing citrus pulp, a byproduct that would otherwise be disposed of, the market contributes to waste reduction and minimizes the environmental footprint of the citrus fruit processing industry. Therefore growing demand for nutritious and eco-friendly animal feed by farmers is one of the primary factors driving the growth of this market.

Apart from its use in animal feed, citrus pulp pellets also find applications in other industries. These pellets can be used as a biomass fuel source, contributing to the production of renewable energy. Furthermore, citrus pulp pellets are being explored as a functional ingredient in the food and beverage industry, where they can enhance the nutritional profile and flavor of various products.

North America is anticipated to hold a significant share of the global citrus pulp pellets market.

North American region will experience rapid expansion throughout the projection period due to the growing demand animal feed industry. According to a study by the American Feed Industry Association, domesticated animals and pets consumed 284 million tonnes of animal feed in 2019. The midwestern state of Iowa had the highest animal feed consumption at 28.8 million tonnes. According to the Animal Nutrition Association of Canada, farmed animals in Canada consumed 28.8 million tonnes of feed in 2020. This region's market is also expanding due to the growing emphasis on sustainable aquaculture practices. Moreover, the presence of a well-established agriculture and feed industry and increasing investment are also spurring regional demand for citrus pulp pellets. In addition, the prevalence of key market players such as Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle PLC, and others also spur the growth of citrus pulp pellets in this region.

Market Developments:

• In May 2023, American multinational feed company Cargill announced that they are developing a brand-new plant that will be utilized exclusively to produce feed for future and existing agricultural retail stores in North America. They have expanded our retail feed footprint with the new Granger plant to better serve their retail, farm, and ranch clients in the Pacific Northwestern region.
• In May 2023, Japfa Comfeed Vietnam announced the opening of a new animal feed mill at the Minh Hng Sikico Industrial Park, Hn Qun District, Bnh Phc Province. The company's Feed-Farm-Food strategy has reached a new turning point with the opening of the new facility, demonstrating its dedication to sustainable growth in the Vietnamese market.
• In May 2023, DSM-Firmenich confirmed that after their merger, they plan on opening a new business unit in human and animal nutrition. The corporation claims that this unit intends to produce healthy animal proteins effectively and sustainably, utilizing data to improve animal farming practices' efficiency, productivity, and transparency.

Market Segmentation:

By Form

• Orange-based
• Grapefruit-based
• Others

By Application

• Swine Feed
• Diary Feed
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others