Global Molasses Market 333 0 Kommentare Booming Bakery Industry to Fuel Demand for Molasses - Transparency Market Research - Seite 2

In the last couple of years, food manufacturers have tended more to shift toward molasses as against spending high on sugar for manufacturing their food products. Also different types of molasses find different applications such as beet molasses are used for beef and dairy cattle, as they act as a great source of protein and other minerals. Also bakeries are starting to prefer molasses more than sugar because the former offers a better darker shade to bakery products than normal sugar.

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Increasing Availability of Cheaper Alternatives to Adversely Impact Overall Market

On the downside, the decrement in the demand for molasses in feed applications and unsuitable climatic conditions to affect sales prospects of cane molasses are some of the factors that could restrain the market. Animal feed happens to be one of the chief application sectors for the molasses market. However, the rising availability of cheaper alternatives has negatively impacted the market's future in the animal feed sector. Besides this, the unfavorable climate conditions in Asia Pacific adversely affects the sugarcane production, subsequently negative influencing the market's growth prospects in the region.

This review is based on a TMR report, titled "Molasses Market (Source - Sugarcane and Sugarbeet; Type - Regular Molasses and Blackstrap Molasses; Nature - Organic and Conventional; End Use - Industrial (Food and Beverages, Biofuel, and Animal Feed), Commercial, and Household; Sales Channel - Direct Sales and Indirect Sales (Modern Trade, Convenience Stores, and Online Stores)) - Global Industry Analysis and Opportunity Assessment, 2017-2025."

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The report segments the global molasses market as: