According to the latest report by IMARC Group, titled “Blackstrap Molasses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Blackstrap Molasses Market to grow at a CAGR of around 6% during 2021-2026.Blackstrap molasses is a dark liquid with a slightly bitter and sweet taste and thick consistency. It is generally obtained upon boiling sugarcane or sugar beets syrup multiple times. It is widely consumed as a preferred alternative to refined sugar since it constitutes a lower glycemic index than conventional sweeteners. Along with this, it is also rich in various essential nutrients, including magnesium, iron, calcium, and potassium.
Blackstrap Molasses Market Trends:
The global market is primarily driven by significant growth in the food and beverages sector. Along with this, the shifting dietary patterns of the masses and the rising health-consciousness among individuals are providing a boost to the market growth across the globe. Moreover, the increasing prevalence of chronic illnesses, such as obesity and diabetes, has encouraged the masses to substitute refined sugars with blackstrap molasses, thereby creating a positive outlook for the market. Some of the other factors contributing to the market growth include inflating disposable income levels of individuals and extensive research and development (R&D) activities conducted by key players to introduce improved product variants in the market.
Request Free Sample Report: https://www.imarcgroup.com/blackstrap-molasses-market/requestsample
Blackstrap Molasses Market 2021-2026 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
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.