Market Overview:
The global molasses extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for molasses extract from the food industry and feed industry. Molasses extract is used as a flavor enhancer and as a source of nutrients in food products. It is also used as an animal feed supplement owing to its high nutrient content. The growing demand for processed foods and meat products is expected to drive the growth of the global molasses extract market during the forecast period. The global molasses extract market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into fancy molasses, blackstrap molasses, and other types such as cane syrup solids (CSS) and refiner's syrup (RS). Fancymolasses are made by blending different types of sugar syrups together before boiling them down into thick consistency while blackstrapmolases are produced duringthe third boiling stageof sugar productionand contains significant levels offiberand minerals suchas potassium, magnesium, calciumand iron .
Product Definition:
A dark, thick syrup made from the juice of sugarcane or sorghum. It is used as a sweetener and in baking, brewing, and other food preparations.
Fancy Molasses:
Fancy Molasses is a by-product obtained during the processing of sugarcane or sorghum. It is also known as liquid molasses, trefoil molasses, and sweet sorghum syrup. The product contains high levels of minerals such as calcium & magnesium along with vitamins & proteins and low calories which makes it an ideal ingredient for use in various food products.
The global fancy molasses market size was valued at USD 848 million in 2016.
Blackstrap Molasses:
Blackstrap Molasses is a by-product obtained during the process of sugar refining. It is a concentrated form of molasses, which contains minerals and vitamins in addition to sugar. Blackstrap Molasses has several medical benefits such as it helps cure constipation, arthritis, gout & other inflammatory diseases along with lowering blood pressure levels.
Application Insights:
The food industry was the largest application segment in 2017 and is expected to witness a CAGR of XX% over the forecast period. Increasing demand for processed foods, including confectionery products, baked goods, dairy products and beverages is expected to drive product demand in this application segment over the coming years.
Feed industry emerged as another key application segment for global molasses extracts market owing to increasing animal feed production worldwide. Rising meat consumption coupled with high milk production has led to an increased need for animal protein-rich feed around the world which is anticipated to further propel product demand in this sector over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 4.5% over the forecast period, owing to increasing demand for molasses extracts from food and feed industries. In addition, rising consumer awareness regarding dietary supplements is also anticipated to propel product demand in North America over the forecast period.
Asia Pacific accounted for a significant share of global revenue in 2017 due to high animal feed production and growing population coupled with rising disposable income levels in emerging economies such as China and India.
Growth Factors:
- Increasing demand for natural sweeteners owing to their health benefits over artificial sweeteners
- Rising awareness about the health benefits of molasses extract among consumers
- Growing demand for organic products, which is expected to benefit the molasses extract market growth
- Rising popularity of functional foods and beverages that contain molasses extract as a key ingredient
- Increasing use of molasses extract in personal care products
Scope Of The Report
Report Attributes
Report Details
Report Title
Molasses Extract Market Research Report
By Type
Fancy Molasses, Blackstrap Molasses, Other
By Application
Food Industry, Feed Industry, Other
By Companies
Amoretti, Cora Texas Manufacturing Company, International Molasses, B&G Foods, Inc, Vitthalrao Shinde Sahakari Sakhar Karkhana, Molassesfeed, Pures Sweet Honey Farm, R. K. Trading, Satish Sugars, Zook Molasses Company
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Molasses Extract Market Report Segments:
The global Molasses Extract market is segmented on the basis of:
Types
Fancy Molasses, Blackstrap 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
Food Industry, Feed Industry, 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:
- Amoretti
- Cora Texas Manufacturing Company
- International Molasses
- B&G Foods, Inc
- Vitthalrao Shinde Sahakari Sakhar Karkhana
- Molassesfeed
- Pures Sweet Honey Farm
- R. K. Trading
- Satish Sugars
- Zook Molasses Company
Highlights of The Molasses Extract 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:
- Fancy Molasses
- Blackstrap Molasses
- Other
- By Application:
- Food Industry
- Feed Industry
- 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 Extract 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
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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 extract is a by-product of sugar refining. It is a thick, black liquid that has a sweet taste and molasses aroma. Molasses extract is used in food products to add flavor and sweetness.
Some of the major companies in the molasses extract market are Amoretti, Cora Texas Manufacturing Company, International Molasses, B&G Foods, Inc, Vitthalrao Shinde Sahakari Sakhar Karkhana, Molassesfeed, Pures Sweet Honey Farm, R. K. Trading, Satish Sugars, Zook Molasses Company.
The molasses extract market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Molasses Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Molasses Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Molasses Extract Market - Supply Chain
4.5. Global Molasses Extract Market Forecast
4.5.1. Molasses Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Molasses Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Molasses Extract Market Absolute $ Opportunity
5. Global Molasses Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Molasses Extract Market Size and Volume Forecast by Type
5.3.1. Fancy Molasses
5.3.2. Blackstrap Molasses
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Molasses Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Molasses Extract Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Feed Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Molasses Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Molasses Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Molasses Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Molasses Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Molasses Extract Demand Share Forecast, 2019-2026
9. North America Molasses Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Molasses Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Molasses Extract Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Feed Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Molasses Extract Market Size and Volume Forecast by Type
9.7.1. Fancy Molasses
9.7.2. Blackstrap Molasses
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Molasses Extract Demand Share Forecast, 2019-2026
10. Latin America Molasses Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Molasses Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Molasses Extract Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Feed Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Molasses Extract Market Size and Volume Forecast by Type
10.7.1. Fancy Molasses
10.7.2. Blackstrap Molasses
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Molasses Extract Demand Share Forecast, 2019-2026
11. Europe Molasses Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Molasses Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Molasses Extract Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Feed Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Molasses Extract Market Size and Volume Forecast by Type
11.7.1. Fancy Molasses
11.7.2. Blackstrap Molasses
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Molasses Extract Demand Share, 2019-2026
12. Asia Pacific Molasses Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Molasses Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Molasses Extract Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Feed Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Molasses Extract Market Size and Volume Forecast by Type
12.7.1. Fancy Molasses
12.7.2. Blackstrap Molasses
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Molasses Extract Demand Share, 2019-2026
13. Middle East & Africa Molasses Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Molasses Extract Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Molasses Extract Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Feed Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Molasses Extract Market Size and Volume Forecast by Type
13.7.1. Fancy Molasses
13.7.2. Blackstrap Molasses
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Molasses Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Molasses Extract Market: Market Share Analysis
14.2. Molasses Extract Distributors and Customers
14.3. Molasses Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Amoretti
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cora Texas Manufacturing Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. International Molasses
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B&G Foods, Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vitthalrao Shinde Sahakari Sakhar Karkhana
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Molassesfeed
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pures Sweet Honey Farm
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. R. K. Trading
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Satish Sugars
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zook Molasses Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
