Research Expert: Sarah Overall
  • Published: Jan 2025
  • Pages: 150
  • SKU: IRTNTR71743

  • Latest News- Molasses Market: Feed is expected to lead the Application segment during 2025-2029

    The Molasses Market is being driven by Growing applications of molasses

    The Molasses Market is expected to grow at a CAGR of 5.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5031.3 million. The molasses market is experiencing positive growth trends, with increasing demand for cold-pressed molasses extract being a significant factor. This extraction method, which utilizes a hydraulic press instead of a centrifugal press, preserves the natural nutrients and flavor of molasses without exposing it to heat. Several market players are introducing cold-pressed molasses products, and this trend is anticipated to continue. However, the high cost associated with cold-pressed molasses may limit its appeal to price-sensitive consumers. 

    Get more information on Molasses Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on segments_for_ai.nslist

    According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

    • Growing applications of molasses
    • Health-promoting benefits of molasses
    • Increasing demand for low-calorie sweeteners

    However, the market also witnesses some limitations, which are as follows:

    • Fluctuating prices of molasses extract
    • Stringent food safety regulations
    • Implementation of sugar tax

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    Market Scope in Molasses Market Research Report

    Market Scope

    Report Coverage

    Details

    Page number

    193

    Base year

    2024

    Historic period

    2019-2023

    Forecast period

    2025-2029

    Growth momentum & CAGR

    Accelerate at a CAGR of 5.7%

    Market growth 2025-2029

    USD 5031.3 million

    Market structure

    Fragmented

    YoY growth 2024-2025(%)

    5.4

    Key countries

    China, US, India, Japan, Canada, Germany, South Korea, UK, France, and Italy

    Competitive landscape

    Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

    Request Free Sample

    Find out which segment is leading the market by accessing the free PDF report

    Research Analysis Overview

    The Molasses Market encompasses various industries such as Personal Care, Medicine, Pharmaceuticals, and Animal Feed. Sourced from Sugarcane and Sugar Beets, Molasses comes in forms like Dry Molasses, Light Molasses, Dark Molasses, Blackstrap Molasses, and Organic Molasses. It is used in Healthy Eating, Urbanization, and New Products. Blood Sugar Levels are managed with Molasses in Diabetes and Obesity treatments. Molasses is also used in Food & Beverages, Animal Feed, Biofuel, and Sugar production. New products include CaneRite Panela, Molasses Juice, Sugar crystals, and Rum. Molasses is used in Baking, Feed, and Food and beverage industries. It serves as an alternative energy source and is used in International Molasses trade.

    Market Research Overview

    In the global market landscape, the Packaged Foods and Meats industry encompasses businesses engaged in food processing to ensure microbial elimination and shelf life extension. According to Technavio, the industry's size is determined by the consolidated revenue of participating vendors. This market segment excludes food processing equipment manufacturers and packaged beverage producers, including alcoholic and non-alcoholic beverages. Key growth drivers include the health benefits linked to minimally processed food consumption. Minimally processed foods, such as vegetables, are nutrient-dense sources of potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. Urbanization and the millennial demographic's preference for healthy eating further fuel market expansion in the Personal Care Industry, Medicine Industry, Pharmaceuticals Industry, and Animal Feed Industry. Dry Molasses, a minimally processed food, is a significant contributor to this trend due to its rich nutritional profile.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

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