Global Sugarcane Bagasse Market

Global Sugarcane Bagasse Market Size, Share, Growth Analysis, By Application(Energy, Biochemicals), By Sales Channel(Indirect Sales and Direct Sales), By End User(Commercial Use and Household) - Industry Forecast 2023-2030


Report ID: SQSG20J2001 | Region: Global | Published Date: February, 2024
Pages: 249 | Tables: 89 | Figures: 76

Global Sugarcane Bagasse Market Insights

Global Sugarcane Bagasse Market size was valued at USD million in 2021 and is poised to grow from USD 945.3 million in 2022 to USD 1211 million by 2030, growing at a CAGR of 4.5% in the forecast period (2023-2030).

The predicted rise in bagasse availability is driven by rising sugar demand, and sugarcane is the world's most significant source of sugar. However, sugar companies are among the most polluting in terms of solid waste, wastewater, and gaseous emissions of carbon monoxide, volatile organic compounds, and greenhouse gases during crop cultivation.

Industrial biotechnology advancements provide prospective options for the economic exploitation of agro-industrial leftovers. Sugarcane bagasse is a significant by-product of the sugarcane industry. It is composed of approximately 50% cellulose, 25% hemicellulose, and 25% lignin. Because of its abundance, it can serve as a perfect substrate for microbial activities that produce value-added products such as protein-enriched animal feed, enzymes, amino acids, organic acids, and chemicals of therapeutic interest, among other things. Because microorganisms decompose untreated bagasse relatively slowly, a pre-treatment step may be beneficial for enhanced substrate utilization.

Bagasse is made up of around 50% cellulose and 25% hemicellulose and lignin. Bagasse is composed of approximately 50% -cellulose, 30% pentosans, and 2.4% ash. Bagasse has various benefits for application in bioconversion processes involving microbial cultures due to its low ash level. In addition, when compared to other agricultural wastes, bagasse may be regarded a rich solar energy reservoir due to its high yields (approximately 80 tonnes per hectare vs 1, 2, and 20 tonnes per hectare for wheat, other grasses, and trees, respectively) and yearly regeneration capability.

US Sugarcane Bagasse Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD million

Largest Segment

Energy

Fastest Growth

Energy

Growth Rate

4.5% CAGR

Global Sugarcane Bagasse Market ($ Bn)
Country Share for Asia Pacific Region (%)
Global Sugarcane Bagasse Market By Application ($ Bn)
Global Sugarcane Bagasse Market By Application (%)

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Global Sugarcane Bagasse Market Segmental Analysis

Global Sugarcane Bagasse Market is segmented based on Application, sales channel, end user, and region. Based on the Application, the Sugarcane Bagasse Market is segmented as Energy, Biochemicals, Materials, and Food/Feed. By sales channel, the Sugarcane Bagasse Market is segmented into Indirect Sales and Direct Sales. By end user, the Sugarcane Bagasse Market is segmented into Commercial Use and Household. Based on Region, Sugarcane Bagasse Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Sugarcane Bagasse Market Analysis by Application

In terms of application, global sugarcane bagasse market is largely dominated by the energy sector. Bagasse is currently primarily utilised as a fuel in the sugarcane sector to meet its own energy needs. However, there is an excess of bagasse that might be transferred to other applications, including as the synthesis of single cell protein, ethanol, enzymes, and food additives like vanillin and xylitol.

Global Sugarcane Bagasse Market By Application, 2021 (%)

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Global Sugarcane Bagasse Market Regional Insights

Geographically, Brazil, India, Thailand, and China have dominated the Sugarcane Market, with this country producing the majority of the sugarcane. Because India is the major producer of sugarcane, Asia Pacific is expected to develop the quickest. Growing consumption and changing lifestyles of individuals throughout the world are predicted to be important growth factors over the research period. Sugarcane is one of the most significant commercial crops and the most lucrative crop since it is the primary raw material used in the production of sugar, ethanol, and jaggery. Sugarcane is also considered to be one of the most effective biomass sources for biofuel. Sugarcane products also contain by-products that are used to feed cattle in several countries. Sugarcane agriculture began in the Indian Subcontinent, and it was exported to other countries. However, sugarcane is now grown in the majority of warm-weather nations.

Global Sugarcane Bagasse Market By Region, 2023-2030
  • Largest
  • Fastest

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Global Sugarcane Bagasse Market Dynamics

Sugarcane Bagasse Market Driver

Multiple applications of sugarcane bagasse

  • Bagasse is burned to generate steam and power for the sugar mill. A typical raw sugarcane plant requires approximately 35 kWh and 450 kg of exhaust steam per tonne of cane. A modern raw sugar mill can currently operate with 30 kWh and 300 kg of exhaust steam per tonne of cane with continuous operation of the pans, crystallizers, and centrifuges, as well as an efficient evaporation station. This type of facility has the potential to save up to 50% of the bagasse it generates, which can then be used to generate grid power or saved as raw material for the production of paper, board, furfural, and other products.
  • With a high percentage of depithed bagasse as raw material, high-quality wrapping and magazine paper may be produced. Apart from the high capital intensity of paper plants and the requirement to treat polluted effluents, the common restrictions include the availability of a reasonable size internal market, adequate excess bagasse, and fair quality industrial water.

Sugarcane Bagasse Market Restraint

Storage of significant amounts of bagasse for extended periods of time for off-season electricity generation coupled with waste generation

  • Long-term storage of significant amounts of bagasse for off-season power generation offers issues that are distinct from those connected with small-scale storage or large-scale, wet storage for pulp and paper manufacture. The difficulties include fuel value loss, spontaneous combustion, bagasse handling, and a range of health and environmental consequences. The sugarcane sector has grown in importance on a worldwide scale, with nations such as Brazil and India leading the area. However, because the sector generates a considerable quantity of trash, such as sugarcane bagasse, this poses environmental issues.

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Global Sugarcane Bagasse Market Competitive Landscape

The Global Sugarcane Bagasse Market is relatively consolidated, with a very high level of competition. Companies are working on R&D and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses to increase market share and profitability.

Sugarcane Bagasse Market Top Player's Company Profiles

  • Cosan Limited
  • Mitr Phol Group
  • Guangxi Guitang Group Co., Ltd.
  • Shree Renuka Sugars Ltd.
  • Bunge Limited
  • Wilmar International Limited
  • Associated British Foods plc
  • Sudzucker AG
  • Tereos Group
  • Raizen Energia S.A.
  • Bio Pappel S.A.B. de C.V.
  • Lenzing AG
  • Paper Excellence Canada Holdings Corporation
  • American Sugar Refining, Inc.
  • Thai Roong Ruang Sugar Group Co., Ltd.
  • Gruppo Italiano Vini S.p.A.
  • Almoiz Industries Limited
  • Papyrus Australia Pty Ltd
  • Mitr Phol Bio-Fuel Company Limited
  • Tongaat Hulett Limited

Sugarcane Bagasse Market Recent Developments

  • In April 2020, The Good Plate Company launched bagasse cups made from sugarcane. The 8oz Sugarcane Bagasse cup is 100% compostable and biodegradable. They are suitable for all soft drinks, including water, juice, and carbonated beverages. A green alternative for distributing beverages at a variety of occasions, from garden parties to concerts.

Global Sugarcane Bagasse Key Market Trends

  • New and better uses in the domains of materials are among the most recent advances in the usage of sugarcane bagasse. Bagasse, for example, has been utilised as an effective soil conditioner to boost sugarcane plant production and health. It may also be used as a binder and to increase the durability and mechanical qualities of building materials. Bagasse fibres may also be prepared for use in the textile industry and as an excellent adsorbent material for removing harmful metals and colours from wastewater. More recently, It has been utilized as a raw material to manufacture carbon quantum dots which may be employed as biosensors in light-emitting diodes and even in medicine delivery.
  • Bagasse from sugarcane is used in over 40 distinct uses, including pulp and paper, boards, animal feed, and furfural. Bagasse is used to provide a more sustainable supply of paper goods such as toilet paper, tissue, corrugated media, newsprint, and writing paper. The use of sugarcane bagasse as a renewable raw material can be a long-term solution for reducing deforestation and the effects of the pulp and paper industry.

Global Sugarcane Bagasse Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.

According to our Global Sugarcane Bagasse Market Analysis, Latin America is projected to show significant growth over the forecast period. The most typical application of bagasse is combustion or incineration in a boiler for steam generation in a cogeneration system for steam and electricity generation. This provides for the delivery of heat and electricity to the sugar and ethanol processes, as well as the export of any excess. Power production has been substantially supported by government incentives in nations where the sugarcane sector is well developed, such as Brazil, and may be a significant income component after sugar and ethanol sales.

Report Metric Details
Market size value in 2021 USD million
Market size value in 2030 USD 1211 million
Growth Rate 4.5%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Million
Segments covered
  • Application
    • Energy, Biochemicals, Materials, Food/Feed, Carbon Nanotubes, Others
  • Sales Channel
    • Indirect Sales and Direct Sales
  • End User
    • Commercial Use and Household
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cosan Limited
  • Mitr Phol Group
  • Guangxi Guitang Group Co., Ltd.
  • Shree Renuka Sugars Ltd.
  • Bunge Limited
  • Wilmar International Limited
  • Associated British Foods plc
  • Sudzucker AG
  • Tereos Group
  • Raizen Energia S.A.
  • Bio Pappel S.A.B. de C.V.
  • Lenzing AG
  • Paper Excellence Canada Holdings Corporation
  • American Sugar Refining, Inc.
  • Thai Roong Ruang Sugar Group Co., Ltd.
  • Gruppo Italiano Vini S.p.A.
  • Almoiz Industries Limited
  • Papyrus Australia Pty Ltd
  • Mitr Phol Bio-Fuel Company Limited
  • Tongaat Hulett Limited
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Sugarcane Bagasse Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Sugarcane Bagasse Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Sugarcane Bagasse Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Sugarcane Bagasse Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Sugarcane Bagasse Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Sugarcane Bagasse Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Sugarcane Bagasse Market size was valued at USD million in 2021 and is poised to grow from USD 945.3 million in 2022 to USD 1211 million by 2030, growing at a CAGR of 4.5% in the forecast period (2023-2030).

The Global Sugarcane Bagasse Market is relatively consolidated, with a very high level of competition. Companies are working on R&D and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses to increase market share and profitability. 'Cosan Limited', 'Mitr Phol Group', 'Guangxi Guitang Group Co., Ltd.', 'Shree Renuka Sugars Ltd.', 'Bunge Limited', 'Wilmar International Limited', 'Associated British Foods plc', 'Sudzucker AG', 'Tereos Group', 'Raizen Energia S.A.', 'Bio Pappel S.A.B. de C.V.', 'Lenzing AG', 'Paper Excellence Canada Holdings Corporation', 'American Sugar Refining, Inc.', 'Thai Roong Ruang Sugar Group Co., Ltd.', 'Gruppo Italiano Vini S.p.A.', 'Almoiz Industries Limited', 'Papyrus Australia Pty Ltd', 'Mitr Phol Bio-Fuel Company Limited', 'Tongaat Hulett Limited'

Bagasse is burned to generate steam and power for the sugar mill. A typical raw sugarcane plant requires approximately 35 kWh and 450 kg of exhaust steam per tonne of cane. A modern raw sugar mill can currently operate with 30 kWh and 300 kg of exhaust steam per tonne of cane with continuous operation of the pans, crystallizers, and centrifuges, as well as an efficient evaporation station. This type of facility has the potential to save up to 50% of the bagasse it generates, which can then be used to generate grid power or saved as raw material for the production of paper, board, furfural, and other products.

New and better uses in the domains of materials are among the most recent advances in the usage of sugarcane bagasse. Bagasse, for example, has been utilised as an effective soil conditioner to boost sugarcane plant production and health. It may also be used as a binder and to increase the durability and mechanical qualities of building materials. Bagasse fibres may also be prepared for use in the textile industry and as an excellent adsorbent material for removing harmful metals and colours from wastewater. More recently, It has been utilized as a raw material to manufacture carbon quantum dots which may be employed as biosensors in light-emitting diodes and even in medicine delivery.

Geographically, Brazil, India, Thailand, and China have dominated the Sugarcane Market, with this country producing the majority of the sugarcane. Because India is the major producer of sugarcane, Asia Pacific is expected to develop the quickest. Growing consumption and changing lifestyles of individuals throughout the world are predicted to be important growth factors over the research period. Sugarcane is one of the most significant commercial crops and the most lucrative crop since it is the primary raw material used in the production of sugar, ethanol, and jaggery. Sugarcane is also considered to be one of the most effective biomass sources for biofuel. Sugarcane products also contain by-products that are used to feed cattle in several countries. Sugarcane agriculture began in the Indian Subcontinent, and it was exported to other countries. However, sugarcane is now grown in the majority of warm-weather nations.

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