Title: Molasses Market Growth Drivers, Size, Insights, Trends And Forecast To 2032
1Molasses Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Molasses Market Segments
The Business Research Company segments its
molasses market report as
Regular Molasses, Blackstrap Molasses
By Type
Sugarcane, Sugar Beet
By Sources
Organic, Conventional
By Category
By Application
Feed, Food And Beverage, Other Applications
3Market Statistics
The global molasses market size will grow from
12.89 billion in 2022 to 13.73 billion in 2023
at a compound annual growth rate (CAGR) of 6.5.
The molasses market size is expected to grow to
18.22 billion in 2027 at a CAGR of 7.3.
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4Key Market Drivers And Trends
Drivers
The increasing import and export activities due
to the growing applications of molasses globally
are expected to propel the growth of the molasses
market.
Trends
New product launches and developments are a key
trend gaining popularity in the molasses market.
Region
North America was the largest region in the
molasses market in 2022. Asia-Pacific is expected
to be the fastest-growing region in the forecast
period. The regions covered in the molasses
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America, the
Middle East, and Africa.
5Key Market Players
- Major players in the molasses market are
- Allied Old English Inc.
- Amoretti
- Archer Daniels Midland Co
- B and G Foods Inc.
- Cora Texas Manufacturing Co
- And more.
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