Rise in demand for molasses from the bakery sector as its cost is lower as compared to sugar, increase in production of alcoholic beverages, and changes in food habits and lifestyle preferences of people drive the growth of the global Blackstrap Molasses Market. However, allergic reactions among people and reduced production of cane sugar hinder …
Tag Archives: Blackstrap Molasses Market Demand
Blackstrap Molasses Market Will Generate Record Revenue by 2027 | Meridian Foods Limited, Zook Molasses Company
Blackstrap Molasses has been majorly used for ethanol fermentation to produce raw alcohol and it is accounted for 38% of the blackstrap molasses market, but as it is considerable source of vitamins and minerals, and cost-effective, its increasingly being used for animal feed, which is expected to boost the demand for blackstrap molasses. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 …
Increase in Demand for Blackstrap Molasses Market to grow at a CAGR of 5.7% by 2027
According to a new report published by Allied Market Research, titled, “Blackstrap molasses Marketby Form, Application and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” the global blackstrap molasses market size is expected to reach $18,185.8 million by 2027 at a CAGR of 5.7% from 2021 to 2027. Blackstrap molasses form cane is composed of roughly 55% …