Global Pellet Production Market Capacity, Price Trends &...

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2025-11-18 10:36:10 -

Global Pellet Production Market Capacity, Price Trends & Consumption Forecast to 2033

The global wood pellet market was valued at USD 14.0 Billion in 2024 and is anticipated to reach USD 22.6 Billion by 2033, reflecting a CAGR of 5.5% during the forecast period of 2025 to 2033. The market growth is primarily driven by increasing renewable energy demand and supportive government initiatives. Europe dominates the market with a significant share of over 47.9% in 2024. Wood pellets...

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