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 Growth
Blackstrap Molasses Market Revolutionary Trends in Industry Statistics by 2027
Rise in demand for molasses from the bakery sector as its cost is lower as compared to sugar and increase in production of alcoholic beverages drive the growth of the global blackstrap molasses market. Blackstrap Molasses Market by Form (Liquid and Powder), Application (Industrial fermentation, Food & Beverages, Pharmaceutical, Animal Feed, Other), and Distribution Channel (Offline …
Continue reading “Blackstrap Molasses Market Revolutionary Trends in Industry Statistics by 2027”
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% …