About Molasses Extract
Molasses extract is formed as a byproduct of the sugar-making process. This is boiled down to form a sugar crystal, which is removed from the liquid and molasses are thick. It is highly used in baking products. It contains most of the vitamins and minerals, it is highly considering health benefits. This product is highly recommended for improving bone health and preventing osteoporosis because it is a good source of copper, iron, and selenium.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global molasses extract market is moderately competitive and having of some of the leading players. With respect to the market share, some of the players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amoretti (United States), Cora Texas Manufacturing Company (United States), International Molasses (United States), B&G Foods, Inc. (United States), Molassesfeed (United Kingdom), Quality Liquid Feeds, Inc. (United States), ED&F Man (United Kingdom), Malt Products Corporation (United States), Buffalo Molasses (United States), HB Ingredients (United Kingdom) and Prime Molasses Ltd. (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Molasses Extract market by and Region.
On the basis of geography, the market of Molasses Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Molasses , the sub-segment i.e. Light Molasses will boost the Molasses Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Food and Beverages will boost the Molasses Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Molasses Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Liquid Form will boost the Molasses Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High adoption of cold-pressed molasses extract, is one of the trends which is influencing the market at a higher rate because the cold-pressed extraction method fits in the low budget of the consumers from buying the food. Along with the rising concern of consumers regarding health. This is a factor that increases the sales of cold-pressed molasses extract while forecasting period.
Market Growth Drivers:
High adoption of molasses extract across various industries, High Demand for the Natural Sweetener and Rising Requirement in the Feed Additives
Challenges:
Lack of consumer awareness
Restraints:
The rising cost of processing
Opportunities:
Advancement on bakery industry
In 17th September 2020, International Molasses is seeing a connection between the COVID-caused stay-at-home lifestyle and an increase in sales for its CaneRite™ portfolio of sugar cane molasses. and International Molasses (Saddle Brook, NJ) is seeing a connection between the COVID-caused stay-at-home lifestyle and an increase in sales for its CaneRite™ portfolio of sugar cane molasses, including liquid molasses sales for a variety of marinades and condiments, as well as more dry molasses sold for domestic-centric foods like bake mixes.
U.S. Grade A (or U.S. Fancy) is the quality of sugarcane molasses that possesses a good flavor; that meets the requirements for Brix, sugar, ash, and sulfites as outlined in Table I of this subpart; that possesses a good color; that is practically free from defects; and that scores not less than 90 points when rated in accordance with the scoring system outlined in this subpart.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Molasses Extract Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.