Global Molasses Report Thumbnail

Global Molasses Market by Type (Cane Molasses, Beet Molasses, Other), By Application (Yeast, Alcohol, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-9783
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 99
  • No. Of Pages: 236
  • Format:
  • Pub. Date: 2021-04-04
  • Share:

The Global Molasses Market size is projected to reach USD 12.2 billion by 2028, growing at a CAGR of 4.6% during the forecast period 2021-2028. The demand for molasses has been increasing as it finds applications in yeast and alcohol production processes, among others. Molasses are also used as feedstock in the manufacture of other products such as furfural, xylitol, and ethylene glycol which are key raw materials in various industries such as agriculture and petrochemicals.


Molasses is a dark brown, viscous syrup by-product of the process to extract sugar from sugar cane or sugar beet and has been used in food production. Molasses can be made from either sucrose (sugar) derived from sugarcane or another plant that contains sucrose sugars such as sorghum.


On the basis of Types, the market is segmented into Cane Molasses, Beet Molasses, Other.


Cane Molasses:

Cane Molasses is an essential ingredient in making rum, and it can also be used for baking as well. The molasses sugar cane extract is derived from the boiling of sugarcane juice or syrup, typically to a level that will yield between 60% and 75% sucrose by weight.


Beet Molasses:

Beet Molasses is a sweetener obtained from sugar beet. It has a dark brown color and tastes like molasses but with less flavor intensity. Beet Molasses contains significant quantities of calcium, magnesium, potassium, zinc, and selenium amongst other nutrients.

It can be used as an additive in food products such as baked goods or to improve the flavor in meat (especially beef) dishes cooked over long periods at low temperatures without caramelizing any sugars present.


On the basis of Application, the market is segmented into Yeast, Alcohol, and Other.



Molasses is used to provide the yeast with nutrients. It provides minerals and vitamins in the form of carbohydrates, which are necessary for fermentation so that they can break down sugars into carbon dioxide gas bubbles and alcohol. Molasses also enhances flavors by adding different flavor compounds from its sugarcane or beetroot source.



Molasses is used as a base for many types of liquors and alcoholic beverages. Molasses has been distilled to make rum, whisky, vodka, gin, and even absinthe. The other type of alcohol that uses molasses in its production process is yeast-based beer or ale where the sugar content ferments into ethanol.


On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. The North American market is expected to be the fastest-growing market, owing to the high demand for molasses in the animal feed industry. The Middle East & Africa have seen an increase in demand due to higher per capita consumption of molasses as well as rising production levels which is expected to continue for this market during the forecast period.


Growth Factors For The Global Molasses Market:

  • Increasing food production and consumption, leading to increased demand for molasses
  • Growing concern about the environmental sustainability of sugar cane cultivation in Brazil is driving the market players towards alternative feedstock such as beet molasses from Europe.
  • The rise in veganism globally will also drive this market due to its use in making some types of alcohols that are typically prepared using animal by-products like honey or eggs; thus fueling the growth of this sector over time.
  • Innovations have led to improvements in efficiency and lower cost which has further boosted investments into this industry across emerging markets.  


Up Market Research published a new report titled “Molasses Market research report which is segmented by Types (Cane Molasses, Beet Molasses, Other), By Applications (Yeast, Alcohol, Other), By Players/Companies 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), Guangxi Nanning East Asia Sugar Group, Zhong Yun Sugar, Baotou Huazi Industry, Guangdong Hengfu Group Sugar Industry”. 


Report Scope

Report Attributes Report Details
Report Title Molasses Market Research Report
By Type Cane Molasses, Beet Molasses, Other
By Application Yeast, Alcohol, Other
By Companies 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), Guangxi Nanning East Asia Sugar Group, Zhong Yun Sugar, Baotou Huazi Industry, Guangdong Hengfu Group Sugar Industry
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 236
Number of Tables & Figures 166
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Molasses Industry Outlook

Global Molasses Market Report Segments:

The market is segmented by Type Cane Molasses, Beet Molasses, Other and By Application Yeast, Alcohol, Other.


Some of the companies that are profiled in this report are:

  1. Guangxi Nanning East Asia Sugar Group
  2. Nanning Sugar Industry
  3. Guangxi Yangpu Nanhua Sugar Industry
  4. Dongguan Donta Group
  5. Guangxi Nongken Sugar Industria
  7. Guangxi Baise Ganhua
  8. Guangxi Xianggui Sugar Group
  9. Guangxi Yuegui Guangye Holdings
  10. Bright Food (group)
  11. Guangxi Nanning East Asia Sugar Group
  12. Zhong Yun Sugar
  13. Baotou Huazi Industry
  14. Guangdong Hengfu Group Sugar Industry

Molasses Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Molasses Market

Overview of the regional outlook of the Molasses Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Molasses Market Overview

Highlights of The Molasses Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Molasses Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Cane Molasses

                2. Beet Molasses

                3. Other

       7. By Application:

                1. Yeast

                2. Alcohol

                3. Other

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Molasses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Molasses Market Statistics

Reasons to Purchase the Molasses Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Molasses Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Molasses Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Molasses Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Molasses Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Molasses Market Size & Forecast, 2018-2028 
      4.5.1 Molasses Market Size and Y-o-Y Growth 
      4.5.2 Molasses Market Absolute $ Opportunity 

Chapter 5 Global Molasses Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Molasses Market Size Forecast by Type
      5.2.1 Cane Molasses
      5.2.2 Beet Molasses
      5.2.3 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Molasses Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Molasses Market Size Forecast by Applications
      6.2.1 Yeast
      6.2.2 Alcohol
      6.2.3 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Molasses Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Molasses Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Molasses Analysis and Forecast
   9.1 Introduction
   9.2 North America Molasses Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Molasses Market Size Forecast by Type
      9.6.1 Cane Molasses
      9.6.2 Beet Molasses
      9.6.3 Other
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Molasses Market Size Forecast by Applications
      9.10.1 Yeast
      9.10.2 Alcohol
      9.10.3 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Molasses Analysis and Forecast
   10.1 Introduction
   10.2 Europe Molasses Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Molasses Market Size Forecast by Type
      10.6.1 Cane Molasses
      10.6.2 Beet Molasses
      10.6.3 Other
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Molasses Market Size Forecast by Applications
      10.10.1 Yeast
      10.10.2 Alcohol
      10.10.3 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Molasses Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Molasses Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Molasses Market Size Forecast by Type
      11.6.1 Cane Molasses
      11.6.2 Beet Molasses
      11.6.3 Other
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Molasses Market Size Forecast by Applications
      11.10.1 Yeast
      11.10.2 Alcohol
      11.10.3 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Molasses Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Molasses Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Molasses Market Size Forecast by Type
      12.6.1 Cane Molasses
      12.6.2 Beet Molasses
      12.6.3 Other
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Molasses Market Size Forecast by Applications
      12.10.1 Yeast
      12.10.2 Alcohol
      12.10.3 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Molasses Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Molasses Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Molasses Market Size Forecast by Type
      13.6.1 Cane Molasses
      13.6.2 Beet Molasses
      13.6.3 Other
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Molasses Market Size Forecast by Applications
      13.10.1 Yeast
      13.10.2 Alcohol
      13.10.3 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Molasses Market: Competitive Dashboard
   14.2 Global Molasses Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Guangxi Nanning East Asia Sugar Group
      14.3.2 Nanning Sugar Industry
      14.3.3 Guangxi Yangpu Nanhua Sugar Industry
      14.3.4 Dongguan Donta Group
      14.3.5 Guangxi Nongken Sugar Industria
      14.3.6 COFCO TUNHE SUGAR
      14.3.7 Guangxi Baise Ganhua
      14.3.8 Guangxi Xianggui Sugar Group
      14.3.9 Guangxi Yuegui Guangye Holdings
      14.3.10 Bright Food (group)
      14.3.11 Guangxi Nanning East Asia Sugar Group
      14.3.12 Zhong Yun Sugar
      14.3.13 Baotou Huazi Industry
      14.3.14 Guangdong Hengfu Group Sugar Industry
Segments Covered in the Report
The global Molasses market has been segmented based on

By Types
  • Cane Molasses
  • Beet Molasses
  • Other
By Applications
  • Yeast
  • Alcohol
  • Other
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Guangxi Nanning East Asia Sugar Group
  • Nanning Sugar Industry
  • Guangxi Yangpu Nanhua Sugar Industry
  • Dongguan Donta Group
  • Guangxi Nongken Sugar Industria
  • Guangxi Baise Ganhua
  • Guangxi Xianggui Sugar Group
  • Guangxi Yuegui Guangye Holdings
  • Bright Food (group)
  • Guangxi Nanning East Asia Sugar Group
  • Zhong Yun Sugar
  • Baotou Huazi Industry
  • Guangdong Hengfu Group Sugar Industry

Buy Report