Molasses Extract Market: Trends, Insights, and Growth Opportunities https://dataintelo.com/report/global-molasses-extract-market The global Molasses Extract Market has witnessed significant growth over the past few years and is poised to continue its upward trajectory. In 2023, the market was valued at approximately USD 5.2 billion and is expected to grow at a CAGR of 7.2%, reaching an estimated value of USD 9.4 billion by 2030. This market growth is driven by the increasing demand for natural sweeteners, expanding applications in various industries, and rising consumer preferences for healthy and organic food options. Molasses extract, derived from sugarcane or sugar beet, has diverse applications in the food and beverage, pharmaceutical, animal feed, and cosmetic industries. The rich nutritional content and versatile uses of molasses extract make it a valuable ingredient in several products, contributing to its growing popularity globally.