Pellet markets, including alfalfa, fluorite, iron ore, and torrefied, are forecast to see significant growth by 2030, driven by major companies.

Several pellet markets are projected to grow significantly by 2030. The alfalfa hay pellets market is expected to reach $8.66 billion, with key players including Accomazzo and ACX Global. The fluorite pellets market is forecast to reach $456.7 million, driven by uses in metallurgy and chemical production, with Sinochem Lantian and Centralfluor Industries as major players. Iron ore pellets are predicted to reach $66,640.92 million, with companies like Vale and Rio Tinto leading. Lastly, torrefied pellets are expected to grow to $110.63 million, with companies like Idemitsu Kosan and ConocoPhillips expanding in the sector.