Global Molasses Market Size, Share & Trends Analysis Report by Category (Organic and Conventional), by Sources (Sugarcane and Sugar Beet), and by Application (Food Products & Additives, Industrial, and Horticulture) Forecast, 2021-2027.
The global molasses market is projected to grow at a modest CAGR of 5.0% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the demand for molasses from a wide range of applications such as food products & additives, industrial, and horticulture. For industrial use, molasses is used as a minor component of mortar for brickwork, and molasses is mixed with gelatin glue and glycerin when casting composition ink rollers on early printing presses. Whereas, for horticulture purposes, molasses is used as a soil additive to promote microbial activity. Hence, such uses of molasses in such industries are likely to propel the growth of the market.
The global Molasses market is segmented on the basis of category, sources, and applications. Based on the category, the global molasses market is segmented as organic and conventional. The organic molasses segment is likely to grow substantially in the global molasses market over the forecast period. Based on the sources, the global molasses market is segmented as sugarcane and sugar beet. The sugarcane molasses segment is likely to grow substantially in the global molasses market over the forecast period. Whereas, based on the applications, the global molasses market is segmented as food products & additives, industrial, and horticulture. The food product & additives segment is likely to grow substantially in the global molasses market over the forecast period.
Based on geography, the global molasses market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is projected to hold a significant market share. The US and Canada are the major economies primarily contributing to the growth of the Molasses market in the region. Further, AMORETTI, B&G Foods, Inc., E D & F Man Holdings Ltd., Michigan Sugar Co., Molasses Feed Ltd., Good Food Inc., Malt Products Corp., The Archer Daniels Midland Co., and Westway Feed Products LLC among others are some of the prominent players functioning in the global Molasses market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the global molasses market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The research analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
Market Segmentation:
1. Global Molasses Market Research and Analysis by Category
2. Global Molasses Market Research and Analysis by Source
3. Global Molasses Market Research and Analysis by Applications
The Report covers:
The global molasses market is projected to grow at a modest CAGR of 5.0% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the demand for molasses from a wide range of applications such as food products & additives, industrial, and horticulture. For industrial use, molasses is used as a minor component of mortar for brickwork, and molasses is mixed with gelatin glue and glycerin when casting composition ink rollers on early printing presses. Whereas, for horticulture purposes, molasses is used as a soil additive to promote microbial activity. Hence, such uses of molasses in such industries are likely to propel the growth of the market.
The global Molasses market is segmented on the basis of category, sources, and applications. Based on the category, the global molasses market is segmented as organic and conventional. The organic molasses segment is likely to grow substantially in the global molasses market over the forecast period. Based on the sources, the global molasses market is segmented as sugarcane and sugar beet. The sugarcane molasses segment is likely to grow substantially in the global molasses market over the forecast period. Whereas, based on the applications, the global molasses market is segmented as food products & additives, industrial, and horticulture. The food product & additives segment is likely to grow substantially in the global molasses market over the forecast period.
Based on geography, the global molasses market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is projected to hold a significant market share. The US and Canada are the major economies primarily contributing to the growth of the Molasses market in the region. Further, AMORETTI, B&G Foods, Inc., E D & F Man Holdings Ltd., Michigan Sugar Co., Molasses Feed Ltd., Good Food Inc., Malt Products Corp., The Archer Daniels Midland Co., and Westway Feed Products LLC among others are some of the prominent players functioning in the global Molasses market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the global molasses market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The research analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
Market Segmentation:
1. Global Molasses Market Research and Analysis by Category
2. Global Molasses Market Research and Analysis by Source
3. Global Molasses Market Research and Analysis by Applications
The Report covers:
- Comprehensive research methodology of the global molasses market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global molasses market.
- Insights about market determinants that are stimulating the global molasses market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Molasses Market by Category
5.1.1. Organic
5.1.2. Conventional
5.2. Global Molasses Market by Sources
5.2.1. Sugarcane
5.2.2. Sugar Beet
5.3. Global Molasses Market by Application
5.3.1. Food Products & Additives
5.3.2. Industrial
5.3.3. Horticulture
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. AMORETTI
7.2. B&G Foods, Inc.
7.3. Cora Texas Manufacturing Company, LLC
7.4. Crosby Molasses Co Ltd.
7.5. E D & F Man Holdings Ltd.
7.6. Evergreen Liquid Plant Food
7.7. Good Food Inc.
7.8. K.K. Birla Group of Sugar Co. (Birla Sugar)
7.9. Malt Products Corp.
7.10. Michigan Sugar Co.
7.11. Molasses Feed Ltd.
7.12. Pures Sweet Honey Farm
7.13. R. K. Trading Co.
7.14. The Archer Daniels Midland Co.
7.15. Westway Feed Products LLCList of Tables
1. Global Molasses Market Research and Analysis by Category, 2020-2027 ($ Million)
2. Global Organic Molasses Market Research and Analysis by Region, 2020-2027 ($ Million)
3. Global Conventionalmolasses Market Research and Analysis by Region, 2020-2027 ($ Million)
4. Global Molasses Market Research and Analysis by Sources, 2020-2027 ($ Million)
5. Global Sugarcane Based Molasses Market Research and Analysis by Region, 2020-2027 ($ Million)
6. Global Sugar Beet Based Molasses Market Research and Analysis by Region, 2020-2027 ($ Million)
7. Global Molasses Market Research and Analysis by Application, 2020-2027 ($ Million)
8. Global Molasses for Food Products & Additives Market Research and Analysis by Region, 2020-2027 ($ Million)
9. Global Molasses for Industrial Market Research and Analysis by Region, 2020-2027 ($ Million)
10. Global Molasses for Horticulture Market Research and Analysis by Region, 2020-2027 ($ Million)
11. Global Molasses Market Research and Analysis by Geography, 2020-2027 ($ Million)
12. North American Molasses Market Research and Analysis by Country, 2020-2027 ($ Million)
13. North American Molasses Market Research and Analysis by Category, 2020-2027 ($ Million)
14. North American Molasses Market Research and Analysis by Sources, 2020-2027 ($ Million)
15. North American Molasses Market Research and Analysis by Application, 2020-2027 ($ Million)
16. European Molasses Market Research and Analysis by Country, 2020-2027 ($ Million)
17. European Molasses Market Research and Analysis by Category, 2020-2027 ($ Million)
18. European Molasses Market Research and Analysis by Sources, 2020-2027 ($ Million)
19. European Molasses Market Research and Analysis by Application, 2020-2027 ($ Million)
20. Asia-Pacific Molasses Market Research and Analysis by Country, 2020-2027 ($ Million)
21. Asia-Pacific Molasses Market Research and Analysis by Category, 2020-2027 ($ Million)
22. Asia-Pacific Molasses Market Research and Analysis by Sources, 2020-2027 ($ Million)
23. Asia-Pacific Molasses Market Research and Analysis by Application, 2020-2027 ($ Million)
24. Rest of the World Molasses Market Research and Analysis by Category, 2020-2027 ($ Million)
25. Rest of the World Molasses Market Research and Analysis by Sources, 2020-2027 ($ Million)
26. Rest of the World Molasses Market Research and Analysis by Application, 2020-2027 ($ Million)List of Figures
1. Global Molasses Market Share by Category, 2020 Vs 2027 (%)
2. Global Molasses Market Share by Sources, 2020 Vs 2027(%)
3. Global Molasses Market Share by Application, 2020 Vs 2027(%)
4. Global Molasses Market Share by Geography, 2020 Vs 2027(%)
5. US Molasses Market Size, 2020-2027 ($ Million)
6. Canada Molasses Market Size, 2020-2027 ($ Million)
7. UK Molasses Market Size, 2020-2027 ($ Million)
8. France Molasses Market Size, 2020-2027 ($ Million)
9. Germany Molasses Market Size, 2020-2027 ($ Million)
10. Italy Molasses Market Size, 2020-2027 ($ Million)
11. Spain Molasses Market Size, 2020-2027 ($ Million)
12. Roe Molasses Market Size, 2020-2027 ($ Million)
13. India Molasses Market Size, 2020-2027 ($ Million)
14. China Molasses Market Size, 2020-2027 ($ Million)
15. Japan Molasses Market Size, 2020-2027 ($ Million)
16. Asean Molasses Market Size, 2020-2027 ($ Million)
17. South Korea Molasses Market Size, 2020-2027 ($ Million)
18. Rest of Asia-Pacific Molasses Market Size, 2020-2027 ($ Million)
19. Rest of the World Molasses Market Size, 2020-2027 ($ Million)
Companies Mentioned
A selection of companies mentioned in this report includes:
- AMORETTI
- B&G Foods, Inc.
- Cora Texas Manufacturing Company, LLC
- Crosby Molasses Co Ltd.
- E D & F Man Holdings Ltd.
- Evergreen Liquid Plant Food
- Good Food Inc.
- K.K. Birla Group of Sugar Co. (Birla Sugar)
- Malt Products Corp.
- Michigan Sugar Co.
- Molasses Feed Ltd.
- Pures Sweet Honey Farm
- R. K. Trading Co.
- The Archer Daniels Midland Co.
- Westway Feed Products LLC