Molasses Market Share Expected to Expand with a 7.0% CAGR from 2023 to 2033, Reaching USD 23.51 Billion

By 2033, molasses market share is expected to increase from USD11952.75 million to USD 23512.86 million. This is anticipated to increase molasses’ market share and result in a CAGR of 7.0% between 2023 and 2033. Molasses, a thick syrup by-product of sugarcane or sugar beet juice extraction, is gaining popularity in various food and beverage …

Molasses Market Expansion: Anticipated Rise to USD 23,512.86 Million by 2033 Driven by Animal Feed and Biofuel Industries

By 2033, molasses market share is expected to increase from USD 11,952.75 million to USD 23,512.86 million. This is anticipated to increase molasses’ market share and result in a CAGR of 7.0% between 2023 and 2033. Molasses, a thick syrup by-product of sugarcane or sugar beet juice extraction, is gaining popularity in various food and beverage …