The syrup that is separated from the last crop of sugar and from which no more sugar can be economically crystallized is called molasses. Beetroot molasses is a by-product of the sugar beet industry. It is obtained in the form of a thick dark syrup from the processing of sugar beet into sucrose. It consists various fermentable carbohydrates and non-sugar organic materials. The fermentable carbohydrates include glucose, sucrose, and fructose whereas the non-sugar organic materials include amino acids, minerals and trace elements, and vitamins of the B-group. Beetroot molasses is majorly used as a raw material in the production of ethyl alcohol, food acids, bakery yeast, and livestock feed additive.
Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/13877
Beetroot molasses market is segmented on the basis of application in different industries as animal feed industry, food and beverage industry, and other applications. In the animal feed industry, it is mainly used as a livestock feed additive that stimulates the total feed intake, improves milk yield in cattle, and is also an effective binding agent, hence dominates the beetroot molasses market by application. Similarly, in the food and beverage industry, beet molasses are used in biscuits & cookies, and fermented beverages as well as in the production of baker’s yeast. Other applications include the use of beet molasses as raw materials in production of ethanol which is used in various industries such as pharmaceuticals, chemical intermediates, personal care products and cleaners and sanitizers. The global beetroot molasses market is also segmented on the basis of organizational structure such as unorganized and organized market.
Beetroot molasses market is further segmented on the basis of regions as North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan, and Middle East and Africa.
Market Regional Outlook:
On the basis of regions, the beetroot molasses market has been segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. In regional markets North America is the largest producer of beetroot molasses. Over the next few years, the Asia-Pacific region is projected to be the fastest growing market for beetroot molasses. India is projected to grow with the highest CAGR in the beetroot molasses market by country, owing to the increasing standard of living.
Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/13877
Market Drivers and Trends:
Rapid rise in the utilization of beetroot molasses as animal feed coupled with the growing demand of ethyl alcohol has played a major role in driving the growth of the beetroot molasses market across the globe. Around 40% of beet molasses are used as animal feed across the world. Feed molasses stimulates the total feed intake, thus lowering the feed costs. It is also a cost effective alternative to traditional animal feed products. Thus the growth of animal feed demand drives the market for beet molasses.
Ethyl alcohol or ethanol is a form of absolute spirit produced also using beet molasses. The growing demand for ethanol is industries such as pharmaceuticals, chemical intermediates, personal care products and cleaners and sanitizers has thus fuelled the growth of the beet molasses market across the globe. Another factor responsible for driving the beet molasses market is the rising usage of beet molasses in bakery and confectionery products such as cookies and biscuits as the usage of beet molasses in the same make the cookie dough softer, improve moisture content and makes the dough more suitable for handling.
Beetroot Molasses Market Key Players:
Some of the key players in the beetroot molasses market include Renuka beet sugar, Spreckals Sugar Company, Michigan Sugar Company, Amalgamated Sugar Company, Nippon Beet Sugar Manufacturing Co. Ltd., American Crystal Sugar Company, Crosby Molasses Company, Daqahila Sugar Company, Southern Minnesota Beet Sugar Cooperative, and ED&F MAN Deutschland GmbH.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
- Tailwinds and headwinds molding the market’s trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players’ strategies
The main aim of the report is to:
- Enable key stakeholder’s in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
90 Sate Street, Suite 700
Albany, NY 12207