Blackstrap Molasses Market 2022: Trends, Growth, Size, Share, Demand and Future Scope 2027
According to the latest report by IMARC Group, titled “Blackstrap Molasses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global blackstrap molasses market reached a value of US$ 11.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.3 Billion by 2027, exhibiting a CAGR of 5.6% during 2022-2027.
Blackstrap
molasses represents a sweetener that is obtained from the processing of raw
sugar beets, sugarcane, pomegranate, dates, carob, sorghum, etc. It contains a
high amount of calcium, potassium, selenium, magnesium, niacin, etc., and is
low in calories as compared to regular molasses. It assists in relieving
menstrual cramps, preventing blood clotting, maintaining the health of uterine
muscles, relieving premenstrual syndrome (PMS) symptoms, etc. Blackstrap
molasses aids in controlling mood, combatting stress and anxiety, preventing
pain, depression, and fatigue, etc. Presently, it is utilized in the food and
beverage (F&B) industry to offer moisture and tenderness to baked goods and
increase their shelf life.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Blackstrap
Molasses Market Trends:
The widespread adoption of ready-to-eat (RTE) items, owing to hectic lifestyles, the inflating levels of disposable income, and the growing consumer health consciousness, is primarily driving the blackstrap molasses market. Additionally, the rising prevalence of diabetes and cancer and the expanding geriatric population are further catalyzing the market growth. Besides this, the widespread adoption of blackstrap molasses as a spread or topping on toast, oatmeal, porridges, etc., and in the preparation of marinades, barbeque sauces, glazes, etc., is acting as another significant growth-inducing factor. Moreover, it lowers the acidic taste, intensifies richness, enhances the nutritional value of the coffee, etc., and contains a high level of chromium and has a low glycemic index which increases glucose tolerance and naturally slows the metabolism of carbohydrates, thereby resulting in less insulin production. Apart from this, the introduction of natural-based sweeteners is anticipated to fuel the blackstrap molasses market over the forecasted period.
Request
Free Sample Report: https://www.imarcgroup.com/blackstrap-molasses-market/requestsample
Blackstrap
Molasses Market
2022-2027 Analysis and Segmentation:
Competitive
Landscape:
The competitive landscape
of the market has been studied in the report with the detailed profiles of the
key players operating in the market.
Allied Old English Inc., B&G Foods
Inc., Buffalo Molasses LLC, Crosby Molasses Co Ltd., Domino Speciality
Ingredients (American Sugar Refining Inc.), E D & F Man Holdings Limited,
Louis Dreyfus Company B.V. (Louis Dreyfus Holding B.V.), Malt Products
Corporation, Sweet Harvest Foods (Natural American Foods Inc) and Zook Molasses
Company.
The report has segmented
the market on the basis on region, disc type, material type and end user.
Breakup
by Form:
- Liquid
- Powder
Breakup
by Product:
- Organic
- Conventional
Breakup
by Distribution Channel:
- Offline
- Online
Breakup
by Application:
- Industrial
Fermentation
- Food and Beverages
- Pharmaceutical
- Animal Feed
- Others
Breakup
by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Ask
Analyst for Customization and Explore Full Report with TOC & List of
Figure: https://www.imarcgroup.com/blackstrap-molasses-market
Key
highlights of the report:
- Market Performance
(2016-2021)
- Market Outlook
(2022-2027)
- Porter’s Five Forces
Analysis
- Market Drivers and
Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping
of the Competitive Landscape
If you need specific
information that is not currently within the scope of the report, we can
provide it to you as a part of the customization.
If you want latest primary
and secondary data (2022-2027) with Cost Module, Business Strategy,
Distribution Channel, etc. Click request free sample report, published report
will be delivered to you in PDF format via email within 24 to 48 hours of
receiving full payment.
About Us
IMARC Group is a leading
market research company that offers management strategy and market research
worldwide. We partner with clients in all sectors and regions to identify their
highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information
products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high
technology organizations. Market forecasts and industry analysis for
biotechnology, advanced materials, pharmaceuticals, food and beverage, travel
and tourism, nanotechnology and novel processing methods are at the top of the
company’s expertise.
Contact
Us:
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Comments
Post a Comment