Market Overview:
The global molasses market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for molasses from the food and beverage industry. Molasses are used as a sweetener, flavoring agent, and preservative in various food products such as bakery items, soft drinks, alcoholic beverages, etc. In addition, they are also used as an animal feed supplement and fertilizer. Based on type, the global molasses market is segmented into cane molasses and beet molasses. Cane molasses is a by-product of sugar production and accounts for the majority of the global share in terms of volume consumption. Beet molasses is obtained from sugar beets and has high sucrose content compared to canemolaseses which makes it suitable for use in food products that require high sweetness levels such as confectionery items and jams & jellies .
Product Definition:
A thick, sweet syrup that is made from the juice of sugar cane or sugar beets and is used as a flavoring, preservative, and colorant in foods.
Cane Molasses:
Cane Molasses is a natural sweetener obtained from processing sugarcane at a high temperature. It has the ability to replace artificial sweeteners such as Aspartame (Nutrasweet) and Acesulfame potassium (Ace-K). Cane molasses is used in various food products such as baked goods, candies, syrups, beverages and dairy products.
Beet Molasses:
Beet molasses is a by-product obtained during the processing of beetroot (Beta vulgaris) and it consists of sugar, minerals, vitamins, proteins & antioxidants. It has high nutritional value and can be used as an alternative for sugar. The product also helps in controlling blood pressure & cholesterol levels along with preventing diabetes & heart diseases.
Application Insights:
The other application segment includes food and beverages, cosmetics, pharmaceuticals and chemical synthesis. The other applications of the product include its use in manufacturing various chemicals such as fertilizers, pesticides and herbicides. Alcohol is expected to be the fastest-growing application market for the global molasses market at an estimated CAGR of XX% from 2018 to 2030 owing to increasing demand for industrial alcohol produced through fermentation processes using sugarscarcity as a raw material source.
Yeast is one of the major applications that uses both cane sugarmolasses as well as beetroot molasses products due to their abilityto provide nutrients required by yeast during fermentation processsto produce ethanol which in turn will fuel further growthof this industry over next seven years especially in emerging countries such as China India Brazil etcetera where sugar scarcity has been observedin primary markets like U.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in product consumption, mainly due to an increase in sugar production. Sugar production increased by 2% from 2016 to 2017 and has remained constant since then, which resulted in a decline of molasses demand by about 15%.
Asia Pacific is anticipated to be one of the fastest-growing regional markets at an estimated CAGR of XX% from 2018 to 2030 owing high product consumption especially for yeast extract and alcohol manufacturing applications.
Growth Factors:
- Increasing demand for natural sweeteners as an alternative to artificial sweeteners
- Rising awareness about the health benefits of molasses
- Growing popularity of functional foods and beverages that contain molasses
- Increasing use of molasses in food processing and manufacturing industries
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Molasses Market Research Report
By Type
Cane Molasses, Beet Molasses, Other
By Application
Yeast, Alcohol, Other
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Molasses Market Report Segments:
The global Molasses market is segmented on the basis of:
Types
Cane Molasses, Beet Molasses, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Yeast, Alcohol, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Molasses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cane Molasses
- Beet Molasses
- Other
- By Application:
- Yeast
- Alcohol
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Molasses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Molasses is a by-product of sugar refining. It is a thick, black liquid that has a sweet taste and low acidity. Molasses can be used in baking, cooking, and as an ingredient in sauces and syrups.
Some of the key players operating in the molasses market are 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.
The molasses market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Molasses Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Molasses Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Molasses Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Molasses Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Molasses Market Size & Forecast, 2020-2028 4.5.1 Molasses Market Size and Y-o-Y Growth 4.5.2 Molasses Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cane Molasses
5.2.2 Beet Molasses
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Yeast
6.2.2 Alcohol
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Molasses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Molasses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cane Molasses
9.6.2 Beet Molasses
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Yeast
9.10.2 Alcohol
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cane Molasses
10.6.2 Beet Molasses
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Yeast
10.10.2 Alcohol
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cane Molasses
11.6.2 Beet Molasses
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Yeast
11.10.2 Alcohol
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cane Molasses
12.6.2 Beet Molasses
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Yeast
12.10.2 Alcohol
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cane Molasses
13.6.2 Beet Molasses
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Yeast
13.10.2 Alcohol
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Molasses Market: Competitive Dashboard
14.2 Global Molasses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Guangxi Nanning East Asia Sugar Group
14.3.2 Nanning Sugar Industry
14.3.3 Guangxi Yangpu Nanhua Sugar Industry
14.3.4 Dongguan Donta Group
14.3.5 Guangxi Nongken Sugar Industria
14.3.6 COFCO TUNHE SUGAR
14.3.7 Guangxi Baise Ganhua
14.3.8 Guangxi Xianggui Sugar Group
14.3.9 Guangxi Yuegui Guangye Holdings
14.3.10 Bright Food (group)
14.3.11 Guangdong Jinling Sugar Industry Group
14.3.12 Zhong Yun Sugar
14.3.13 Baotou Huazi Industry
14.3.14 Guangdong Hengfu Group Sugar Industry