Blackstrap Molasses Market Share Archives

The global blackstrap molasses market size reached a value of approximately USD 11.25 billion in 2024. The market is projected to grow at a CAGR of 2.8% between 2025 and 2034, reaching a value of around USD 14.45 billion by 2034. Blackstrap molasses, a by-product of sugar production, has found a wide range of applications across various industries, from food and beverages to pharmaceuticals and industrial fermentation. As consumers and industries become more focused on sustainability, health, and cost-effective solutions, blackstrap molasses continues to grow in importance. In this blog…