Global Molasses Extracts Market Overview
Molasses Extracts is a kind of highly concentrated syrup with flavor having an extended shelf life. Molasses extracts are freeze-thaw-stable and bake-proof which are mostly applied in frozen dessert, cake and a spread of other dessert food products. Molasses extracts contain natural flavor with no artificial colors which are highly concentrated and is usually used for in applications for bakery and confectionery products. Molasses extracts are often utilized in the shape of liquid and powder form. Food industries are using molasses extracts in their products because of the rising consumer demand for molasses extract food products. Shifting consumer preference for molasses extract based products may be a major driving factor for the expansion of molasses extract market. Molasses extracts also are called as blackstrap molasses which are mainly used for baking and cooking applications globally. Molasses extracts contain a high concentration of vitamin B6, potassium, iron, magnesium, calcium, selenium and copper. Molasses extracts contain antioxidants which help in improving heart health and bone health of the individual. The global molasses extracts market accounted for US$ XX billion in 2020 and is estimated to be US$ XX billion by 2029 and is anticipated to register a CAGR of XX.
Impact of Covid-19 pandemic on market
With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the product segment. Government across the countries has imposed strict lockdown to limit the spread of disease. Molasses Extract companies are strategizing focused R&D investments and planning new product launches post- COVID conditions from 2021. Further, strengthening relations with distributors, performance improvement, and cost optimization are largely observed strategies during 2020. This report will quantify the impact of pandemic on molasses extracts market.
Global Molasses Extracts Market Dynamics
The molasses extracts market are increased at a significant rate due to increasing demand for ready-to-eat snack foods. This is attributed due to rising disposable incomes of individuals and on the other hand molasses have different functionality and uses as a supplement in the food and beverage industry. Moreover, with the expansion of the bakery industry, opportunities for the market have escalated worldwide.
Increasing demand from bakery industry
Increasing opportunities in bakery industry is also another factor in driving the Molasses Extracts market along with rising in production of Molasses Extracts as a result of stabilizing agents used in various food applications. Manufacturers are focusing on providing healthier product offerings. Molasses extracts are also called as blackstrap molasses which are mainly used for baking and cooking applications globally. Molasses Extracts helps in improving various savory products thickening and is used by various manufacturers worldwide. Molasses Extracts contains the taste, texture and the performance like sugar, but has low calories and hence many health concisions individuals are shifting their preference towards consuming healthy food products which has low calorie present in the foods. Hence, the global Molasses Extracts market is expected to observe robust growth over the forecast period.
Global Molasses Extracts Market Segmentation
The global molasses extracts market is segmented based on type, form, application and region.
On the basis of type, the global molasses extracts market is segmented into blackstrap molasses, golden barrel blackstrap molasses, and others. Based on form the target market is segmented into powder, liquid, and others. Based on application the target market segmented into food and beverages, animal feed, and other.
On region the global molasses extracts market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific accounted for a significant growth rate for the molasses extracts market followed by Europe and North America. Increasing demand for molasses extracts as a thickening agent in various bakery products has strengthened the growth of global molasses extracts market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2029 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Type- Blackstrap Molasses, Golden Barrel Blackstrap Molasses, and Others By Form- Powder, Liquid, and Others By Application- Food and Beverages, Animal Feed, and Other |
Delivery Mode Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global molasses extracts market report based on type, form, application, and region.
Global Molasses Extracts Market, By Type:
- Blackstrap Molasses
- Golden Barrel Blackstrap Molasses
- Others
Global Molasses Extracts Market, By Form:
- Powder
- Liquid
- Others
Global Molasses Extracts Market, By Application:
- Food and Beverages
- Animal Feed
- Other
Global Molasses Extracts Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Molasses Extracts Market Key Players
The key players operating in the global molasses extracts market includes Amoretti, Cora Texas Manufacturing Company, B&G Foods, Inc., International Molasses Corporation Ltd, ED & F Man Liquid Products UK Ltd., Molasses Feed Ltd, Pures Sweet Honey Farm, R. K. Trading Co., Satish Sugars, and Zook Molasses Company. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, In December 2018, Austrian ingredients producer Argana and The Amalgamated Sugar Company formed a joint venture to ensure the construction of € 40 million betaine crystalline plant at Argana’s sugar mill. Betaine is manufactured from sugar beet molasses and has numerous applications in food supplements, sports drinks and animal feed.
Global Molasses Extracts Market Company Profile
- Amoretti
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cora Texas Manufacturing Company
- B&G Foods, Inc.
- International Molasses Corporation Ltd
- ED & F Man Liquid Products UK Ltd.
- Molasses Feed Ltd
- Pures Sweet Honey Farm
- R. K. Trading Co.
- Satish Sugars
- Zook Molasses Company
Global Molasses Extracts Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Molasses Extracts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Molasses Extracts Market, By Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Blackstrap Molasses
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Golden Barrel Blackstrap Molasses
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Molasses Extracts Market, By Form, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Powder
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Liquid
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Molasses Extracts Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Food and Beverages
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Animal Feed
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Other
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Molasses Extracts Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Form, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Amoretti
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Cora Texas Manufacturing Company
- B&G Foods, Inc.
- International Molasses Corporation Ltd.
- ED & F Man Liquid Products UK Ltd.
- Molasses Feed Ltd
- Pures Sweet Honey Farm
- R. K. Trading Co.
- Satish Sugars
- Zook Molasses Company
- Amoretti
-
- The Last Word
- Future Impact
- About Us
- Contact
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Molasses Extracts Market: Type Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Type
TABLE Global Molasses Extracts Market, by Type 2016-2027 (USD Million)
TABLE Molasses Extracts Market: Form Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Form
TABLE Global Molasses Extracts Market, by Form 2016-2027 (USD Million)
TABLE Molasses Extracts Market: Application Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Molasses Extracts Market, by Application 2016-2027 (USD Million)
TABLE Molasses Extracts Market: Regional snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Molasses Extracts Market, by Region 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Country, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Type, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Form, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Application, 2016-2027 (USD Million)
TABLE Europe Molasses Extracts Market, by Country, 2016-2027 (USD Million)
TABLE Europe Molasses Extracts Market, by Type, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Form, 2016-2027 (USD Million)
TABLE Europe Molasses Extracts Market, by Application, 2016-2027 (USD Million)
TABLE Asia Pacific Molasses Extracts Market, by Country, 2016-2027 (USD Million)
TABLE Asia Pacific Molasses Extracts Market, by Type, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Form, 2016-2027 (USD Million)
TABLE Asia Pacific Molasses Extracts Market, by Application, 2016-2027 (USD Million)
TABLE Latin America Molasses Extracts Market, by Country, 2016-2027 (USD Million)
TABLE Latin America Molasses Extracts Market, by Type, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Form, 2016-2027 (USD Million)
TABLE Latin America Molasses Extracts Market, by Application, 2016-2027 (USD Million)
TABLE Middle East and Africa Molasses Extracts Market, by Country, 2016-2027 (USD Million)
TABLE Middle East and Africa Molasses Extracts Market, by Type, 2016-2027 (USD Million)
TABLE North America Molasses Extracts Market, by Form, 2016-2027 (USD Million)
TABLE Middle East and Africa Molasses Extracts Market, by Application, 2016-2027 (USD Million)
List of Figures
FIGURE Molasses Extracts Market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE COVID-19 Impact Analysis
FIGURE Pre & Post COVID-19 Impact Comparison Study
FIGURE Competitive Landscape; Key company market share analysis, 2019
FIGURE Type segment market share analysis, 2020 & 2027
FIGURE Type segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Form segment market share analysis, 2020 & 2027
FIGURE Form segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Application segment market share analysis, 2020 & 2027
FIGURE Application segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Regional segment market share analysis, 2020 & 2027
FIGURE Regional segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE North America Molasses Extracts Market share and leading players, 2019
FIGURE Europe Molasses Extracts Market share and leading players, 2019
FIGURE Asia Pacific Molasses Extracts Market share and leading players, 2019
FIGURE Latin America Molasses Extracts Market share and leading players, 2019
FIGURE Middle East and Africa Molasses Extracts Market share and leading players, 2019
FIGURE North America market share analysis by country, 2019
FIGURE U.S. Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Canada Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Europe Molasses Extracts Market share analysis by country, 2019
FIGURE Germany Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Spain Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Italy Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE UK Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE France Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Rest of the Europe Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Asia Pacific Molasses Extracts Market share analysis by country, 2019
FIGURE India Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE China Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Japan Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE South Korea Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Singapore Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Rest of APAC Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Latin America Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Latin America Molasses Extracts Market share analysis by country, 2019
FIGURE Brazil Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Mexico Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Argentina Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Rest of LATAM Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Middle East and Africa Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE Middle East and Africa Molasses Extracts Market share analysis by country, 2019
FIGURE Saudi Arabia Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FIGURE United Arab Emirates Molasses Extracts Market size, forecast and trend analysis, 2016 to 2027 (USD Million)
FAQs
The research report on the Molasses Extracts Market provides a comprehensive analysis of the market's scope, covering key aspects such as product types, market trends, and factors influencing the molasses extracts industry.
Various factors, including the increasing demand for natural sweeteners, the versatility of molasses in food and beverage applications, health benefits associated with molasses, and its use in animal feed, are driving the growth of the Molasses Extracts Market.
The Molasses Extracts Market faces challenges such as fluctuating molasses prices, limited awareness among consumers, and competition from alternative sweeteners, which act as restraints on its global expansion.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the Molasses Extracts Market.
The key players operating in the target market include Cora Texas Manufacturing Company, B&G Foods, Inc., International Molasses Corporation Ltd, ED & F Man Liquid Products UK Ltd., Molasses Feed Ltd, Pure Sweet Honey Farm, R. K. Trading Co., Satish Sugars, Zook Molasses Company, and Amoretti.