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Blackstrap Molasses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global blackstrap molasses market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Blackstrap molasses is a sweetener obtained from the processing of raw sugar beets, sugarcane, pomegranate, dates, carob, and sorghum. It is low in calories and contains a high amount of calcium, potassium, selenium, magnesium, and niacin as compared to regular molasses. It aids in preventing blood clotting, relieving menstrual cramps, maintaining the health of uterine muscles, and relieving premenstrual syndrome (PMS) symptoms. It also assists in combatting stress and anxiety, controlling mood, and preventing pain, depression, and fatigue. Presently, it is employed in the food and beverage (F&B) industry to provide moisture and tenderness to baked goods and increase their shelf life.

Blackstrap Molasses Market Trends:

A surge in the consumption of ready-to-eat (RTE) products due to hectic lifestyles, inflating disposable incomes, and the increasing health consciousness among individuals represents one of the primary factors impelling the market growth. Blackstrap molasses is utilized as a spread or topping on toast, oatmeal, and porridges. It also finds application in the preparation of marinades, barbeque sauces, and glazes, and intensifies richness, lowers the acidic taste, and enhances the nutrition value of the coffee. Moreover, it has a low glycemic index and contains a high level of chromium, which increases glucose tolerance and naturally slows the metabolism of carbohydrates, thereby resulting in less insulin production. This, in confluence with the growing prevalence of diabetes, is catalyzing the demand for blackstrap molasses worldwide to stabilize blood sugar levels. Furthermore, it helps reduce free radicals in the body, which are considered one of the primary causes of cancer. As the risk of developing cancer rises with age, the rising geriatric population and the increasing awareness among individuals about the benefits of consuming blackstrap molasses are creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blackstrap molasses market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on form, product, distribution channel and application.

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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Form, Product, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global blackstrap molasses market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global blackstrap molasses market?
  • What are the key regional markets?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global blackstrap molasses market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Blackstrap Molasses Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Form
    6.1    Liquid
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Powder
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Product
    7.1    Organic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Conventional
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Offline
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Online
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    Industrial Fermentation
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Food and Beverages 
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Pharmaceutical
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Animal Feed
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Allied Old English Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    B&G Foods Inc. 
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
        15.3.3    Buffalo Molasses LLC
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Crosby Molasses Co Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Domino Speciality Ingredients (American Sugar Refining Inc.)
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    E D & F Man Holdings Limited
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Louis Dreyfus Company B.V. (Louis Dreyfus Holding B.V.)
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Malt Products Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Sweet Harvest Foods (Natural American Foods Inc)
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Zook Molasses Company
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Blackstrap Molasses Market: Major Drivers and Challenges
Figure 2: Global: Blackstrap Molasses Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Blackstrap Molasses Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Blackstrap Molasses Market: Breakup by Form (in %), 2020
Figure 5: Global: Blackstrap Molasses Market: Breakup by Product (in %), 2020
Figure 6: Global: Blackstrap Molasses Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Global: Blackstrap Molasses Market: Breakup by Application (in %), 2020
Figure 8: Global: Blackstrap Molasses Market: Breakup by Region (in %), 2020
Figure 9: Global: Blackstrap Molasses (Liquid) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Blackstrap Molasses (Liquid) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Blackstrap Molasses (Powder) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Blackstrap Molasses (Powder) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Blackstrap Molasses (Organic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Blackstrap Molasses (Organic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Blackstrap Molasses (Conventional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Blackstrap Molasses (Conventional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Blackstrap Molasses (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Blackstrap Molasses (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Blackstrap Molasses (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Blackstrap Molasses (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Blackstrap Molasses (Industrial Fermentation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Blackstrap Molasses (Industrial Fermentation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Blackstrap Molasses (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Blackstrap Molasses (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Blackstrap Molasses (Pharmaceutical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Blackstrap Molasses (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Blackstrap Molasses (Animal Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Blackstrap Molasses (Animal Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Blackstrap Molasses (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Blackstrap Molasses (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: North America: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: North America: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: United States: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: United States: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Canada: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Canada: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Asia-Pacific: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Asia-Pacific: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: China: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: China: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Japan: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Japan: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: India: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: India: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: South Korea: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: South Korea: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Australia: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Australia: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Indonesia: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Indonesia: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Europe: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Europe: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Germany: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Germany: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: France: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: France: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: United Kingdom: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: United Kingdom: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Italy: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Italy: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Spain: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Spain: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Russia: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Russia: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Latin America: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Latin America: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Brazil: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Brazil: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Mexico: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Mexico: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Others: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Others: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Middle East and Africa: Blackstrap Molasses Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Middle East and Africa: Blackstrap Molasses Market: Breakup by Country (in %), 2020
Figure 79: Middle East and Africa: Blackstrap Molasses Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Global: Blackstrap Molasses Industry: SWOT Analysis
Figure 81: Global: Blackstrap Molasses Industry: Value Chain Analysis
Figure 82: Global: Blackstrap Molasses Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Blackstrap Molasses Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Blackstrap Molasses Market Forecast: Breakup by Form (in Million US$), 2021-2026
Table 3: Global: Blackstrap Molasses Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 4: Global: Blackstrap Molasses Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Global: Blackstrap Molasses Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: Global: Blackstrap Molasses Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Blackstrap Molasses Market: Competitive Structure
Table 8: Global: Blackstrap Molasses Market: Key Players

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