Introduction
Molasses extracts are extremely concentrated flavored syrups which have a long shelf life. These are bake-proof and freeze-thaw-stable which are widely used in preparation of cakes, ice creams and a broad range of desserts and other food products. Molasses extracts consist of natural flavor which is extremely concentrated and contains no artificial colors. They are mostly utilized in applications such as bakery and confectionery and topping products. These extracts are available in several physical forms such as powder and liquid. Food & beverage industry use molasses extracts owing to the growing consumer demand for food products with molasses extracts.
Market Dynamics
The global molasses extracts market is witnessing rapid growth owing to several factors such as rising demand for ready to eat food products along with increasing number of working women demanding convenient food. In addition, rising opportunities, especially in the bakery & confectionary industry coupled with increase in the production of molasses extracts due to rising demand for stabilizing agents from several food & beverage applications are some other major aspects driving the growth of global molasses extracts market. Molasses extracts comprise of the same texture and taste of sugar, although have relatively low calorie content and thus several health concisions consumers are shifting towards the use of molasses extracts, which in turn is expected to bolster the growth of global molasses extracts market over the forecast period.
Market Classification
The global molasses extracts market can be segmented on the basis of type, physical form, application and geography. Based on type, the global molasses extracts market can be segmented into blackstrap molasses, golden barrel blackstrap molasses and others. Based on physical form, the global molasses extracts market can be segmented into powder, liquid and others. On the basis of application, the global molasses extracts market can be segmented into bakery & confectionary, sauerkraut, toppings, sauces, beverages, salads, ice-cream and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.
Report Coverage
Market |
Molasses Extracts Market |
Analysis Period |
2015 – 2025 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2025 |
Market Stratification |
Type, Physical Form, Application, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players in the global molasses extracts market include Cora Texas Manufacturing Company, Amoretti, B&G Foods, Inc., ED&F Man Liquid Products UK Ltd., International Molasses Corporation Ltd, Pures Sweet Honey Farm Inc., Molasses Feed Ltd., and R. K. Trading Co. among others.
Market Segmentation
Market By Type
o Blackstrap Molasses
o Golden Barrel Blackstrap Molasses
o Others
Market By Physical Form
o Powder
o Liquid
o Others
Market By Application
o Bakery & Confectionary
o Sauerkraut
o Toppings
o Beverages
o Sauces
o Salads
o Ice Creams
o Others
Market By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA