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Future Market Insights (FMI) delivers key insights on the wood pellet market in its latest report titled, 'Wood Pellet Market: Global Industry Analysis and Opportunity Assessment, 2017–2027'.According to the report, the global wood pellet market is projected to expand at a healthy CAGR of 8.6% during the forecast period in terms of revenue. Wood pellet can be defined as biofuel made from compressed organic matter or biomass.