Global Molasses Market 2024-2028
Technavio has been monitoring the molasses market and is forecast to grow by USD 4762 mn during 2023-2028, accelerating at a CAGR of 5.68% during the forecast period. Our report on the molasses market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing applications of molasses, health-promoting benefits of molasses, and increasing demand for low-calorie sweeteners.
Technavio's molasses market is segmented as below:
By Application
By Type
- Blackstrap molasses
- Regular molasses
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the cold-pressed molasses extraction as one of the prime reasons driving the molasses market growth during the next few years. Also, increasing demand for organic molasses extract and changing consumer demographics will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the molasses market covers the following areas:
- Molasses market sizing
- Molasses market forecast
- Molasses market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading molasses market vendors that include Amoretti, Archer Daniels Midland Co., B and G Foods Inc., Barentz International BV, BUFFALO MOLASSES LLC, Cora Texas Manufacturing Co., Crosby Molasses Co. Ltd., ED and F Man Holdings Ltd., Fairly Traded Organics LLC, Florida Crystals Corp., Malt Products Corp., Meridian foods Ltd., Michigan Sugar Co., Natures Creation, NPK INDUSTRIES, Pioneer Agro Industry, Quality Concepts LLC, Sweet Harvest Foods Inc., Triple Crown Nutrition Inc., and Zook Molasses Co.. Also, the molasses market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.