Global Molasses Market Growth 2023-2029

Global Molasses Market Growth 2023-2029

Molasses, commonly known as syrup, is a by-product of sugar making. The waste that cannot be condensed into crystals during the sugar making process is the molasses. It is generally a brown-black viscous liquid and contains a large amount of fermentable sugar. Therefore, it is a good raw material for fermentation,and can be used as substrate or base of yeast, monosodium glutamate, organic acid and other fermented products, as well as raw materials for certain foods and animal feeds.
LPI (LP Information)' newest research report, the “Molasses Industry Forecast” looks at past sales and reviews total world Molasses sales in 2022, providing a comprehensive analysis by region and market sector of projected Molasses sales for 2023 through 2029. With Molasses sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Molasses industry.
This Insight Report provides a comprehensive analysis of the global Molasses landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Molasses portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Molasses market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Molasses and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Molasses.
The global Molasses market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Among the different types of molasses, the cane molasses held the maximum market share with about 87% in 2019.
For applications of the molasses , the yeast is the largest segment with a market share of nearly 49% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Molasses market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cane Molasses
Beet Molasses
Other
Segmentation by application
Yeast
Alcohol
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Guangxi Nanning East Asia Sugar Group
Nanning Sugar Industry
Guangxi Yangpu Nanhua Sugar Industry
Dongguan Donta Group
Guangxi Nongken Sugar Industria
COFCO TUNHE SUGAR
Guangxi Baise Ganhua
Guangxi Xianggui Sugar Group
Guangxi Yuegui Guangye Holdings
Bright Food (group)
Guangdong Jinling Sugar Industry Group
Zhong Yun Sugar
Baotou Huazi Industry
Guangdong Hengfu Group Sugar Industry

Key Questions Addressed in this Report
What is the 10-year outlook for the global Molasses market?
What factors are driving Molasses market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Molasses market opportunities vary by end market size?
How does Molasses break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.