Molasses, commonly known as syrup, is a by-product of sugar making. The waste that cannot be condensed into crystals during the sugar making process is the molasses. It is generally a brown-black viscous liquid and contains a large amount of fermentable sugar. Therefore, it is a good raw material for fermentation,and can be used as substrate or base of yeast, monosodium glutamate, organic acid and other fermented products, as well as raw materials for certain foods and animal feeds.
This report contains market size and forecasts of Molasses in global, including the following market information:
Global Molasses Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Molasses Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Molasses companies in 2021 (%)
The global Molasses market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cane Molasses Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Molasses include 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 and Guangxi Yuegui Guangye Holdings, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Molasses manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Molasses Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Molasses Market Segment Percentages, by Type, 2021 (%)
Cane Molasses
Beet Molasses
Other
Global Molasses Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Molasses Market Segment Percentages, by Application, 2021 (%)
Yeast
Alcohol
Other
Global Molasses Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Molasses Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Molasses revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Molasses revenues share in global market, 2021 (%)
Key companies Molasses sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Molasses sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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