Ethanol Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.

Ethanol increased 0.06 USD/GAL or 3.25% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Ethanol - values, historical data, forecasts and news - updated on March of 2025.

In 2024, the UK ethanol market decreased by -14.5% to $871M, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, posted a buoyant expansion. Over the period under review, the market reached the maximum level at $1.2B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

Learn about the increasing demand for ethyl alcohol in the UK, as the market is predicted to grow steadily over the next decade. Market performance is projected to rise with a CAGR of +3.0% in volume and +3.4% in value from 2024 to 2035, reaching 1.5B litres and $1.3B respectively by the end of 2035.

This statistic shows the value from EU and non-EU imports of denatured ethyl alcohol in the United Kingdom between 2010 and 2019*. The EU was clearly an important trade partner for the United Kingdom over this period. EU imports of denatured ethyl alcohol reached a value of seven million British pounds in 2018.

This statistic shows the value from EU and non-EU exports of undenatured ethyl alcohol in the United Kingdom between 2010 and 2019*. The EU was clearly an important trade partner for the United Kingdom over this period. EU exports of undenatured ethyl alcohol reached a value of nearly 16 million British pounds in 2018.

During the last quarter of 2024, the ethanol prices in the USA reached 467 USD/MT in December. As per the ethanol price chart, price fluctuations occurred in the market, with early increases fueled by robust exports and demand. Due to industrial consumption and blending activities, prices remained constant in October. However, a price decline in December was brought on by surplus supply and growing stockpiles.

Explore IMARC’s newly published report, titled “Ethanol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of ethanol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The Report Covers Europe Bioethanol Companies and the market is Segmented by Feedstock Type (Sugarcane, Corn, Wheat, and Other Feedstocks), Application (Fuel, Industrial, and Food and Beverages), and Geography (Germany, UK, France, Spain, Italy, and Rest of Europe).

In August 2024, the average denatured ethyl alcohol import price amounted to $2.9 per litre, jumping by 268% against the previous month.

After two years of growth, the UK denatured ethyl alcohol market decreased by -30.6% to $330M in 2024. Overall, consumption, however, posted a perceptible expansion. Denatured ethyl alcohol consumption peaked at $475M in 2023, and then dropped notably in the following year.

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Raw Sugar Market Size 2025-2029

The raw sugar market size is forecast to increase by USD 152.7 million at a CAGR of 2.3% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing demand for raw sugar in various food and beverage applications. This trend is particularly prominent in the global food industry, where raw sugar is widely used as a sweetener in baked goods, confectionery, and beverages. Additionally, the emergence of e-commerce platforms has facilitated the easy availability and accessibility of raw sugar to consumers, further fueling market growth. However, the high production cost of raw sugar poses a significant challenge to market participants. Producers must navigate this cost structure to remain competitive and maintain profitability. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on optimizing production costs, exploring alternative sources of raw materials, and expanding their presence in emerging markets. By staying informed of these market dynamics, businesses can make strategic decisions and operational plans that position them for success in the evolving the market.

What will be the Size of the Raw Sugar Market during the forecast period?

Request Free SampleThe market encompasses the global trade of raw, unrefined sugar derived primarily from the sap of sugarcane. This market exhibits significant volatility due to various factors, including supply and demand dynamics, weather conditions affecting crop production, and geopolitical influences. The market size is substantial, with key applications including food and beverage manufacturing, biofuel blending, and various industrial processes. Raw sugar's versatility extends to various industries, making it an essential ingredient in various sectors. In food and beverage production, it serves as a sweetener, texture modifier, flavoring agent, coloring agent, and bulking agent. In the industrial sector, it is used as a fermentation substrate and natural preservative. The Intercontinental Exchange (ICE) plays a crucial role in the market, providing a platform for trading raw sugar futures and CFD financial instruments. The market is subject to tariff barriers and other trade regulations, which can impact prices and availability. The trend towards clean label and natural products has led to increased demand for raw sugar in certain applications. Biofuel blending also presents a significant growth opportunity for raw sugar, as it is used as a feedstock in the production of bioethanol.

How is this Raw Sugar Industry segmented?

The raw sugar industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductLiquid sugarCrystallized sugarTypeConventionalOrganicGeographyAPACChinaIndiaJapanSouth AmericaBrazilEuropeFranceGermanyItalyUKNorth AmericaUSCanadaMiddle East and Africa

By Product Insights

The liquid sugar segment is estimated to witness significant growth during the forecast period.Raw sugar is a fundamental agricultural commodity used extensively in various industries, including food and beverage manufacturing and biofuel production. According to recent market research, The market size was estimated at around 142.5 million metric tons in 2020, with an average price of USD0.13 per lb. Cane crop is the primary source of raw sugar, accounting for over 70% of the global production. The production mix also includes sugar beet and cane juice. Biofuel ethanol is another significant application of raw sugar, with an estimated 10% of the global sugar output used for this purpose. Median estimates suggest that this trend will continue, leading to a small increase in demand for raw sugar. Poll participants anticipate that the Green Pool, a raw sugar futures contract on The Intercontinental Exchange, will influence sugar prices. The fuel ethanol industry's growth is influenced by crude oil benchmarks and sugar ethanol prices. Cane producers benefit from biofuel blending mandates, while glass manufacturing industries, such as float, sheet, rolled, solar, tempered, laminated, insulated, coated, energy-efficient, and architectural glass, use raw sugar as a natural preservative, texture modifier, fermentation substrate, flavoring agent, and coloring agent. However, tariff barriers, EU sugar policy, climate change, and water scarcity pose challenges to the market's growth. The , , and various research firms like , , and

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The Liquid sugar segment was valued at USD 765.70 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 45% to the growth of

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Biofuels Market Size 2024-2028

The biofuels market size is forecast to increase by USD 26.6 bn at a CAGR of 3.23% between 2023 and 2028.

The market is experiencing significant growth due to the increasing adoption of renewable energy sources as a response to reducing greenhouse gas emissions. Key biofuels include those derived from corn, sugarcane, vegetable oil, and biomass. In the automotive sector, biofuels are gaining popularity as an alternative to traditional fossil fuels, while In the maritime industry, they are being used to power ships. The research and development of third-generation biofuels, such as algae fuel, is also a growing trend In the market. Additionally, fluctuations in oil prices continue to drive demand for biofuels as a cost-effective alternative. Overall, the market is poised for continued growth as the world transitions to more sustainable energy sources.

What will be the Size of the Biofuels Market During the Forecast Period?

Request Free SampleThe market encompasses the production and utilization of renewable transport fuels derived from various feedstocks, including vegetable oils, ethanol, hydrogenated oil, and biomass. Biofuels have gained significant traction as a sustainable alternative to fossil fuels, such as gasoline and diesel, due to their potential to reduce greenhouse gas emissions, enhance energy security, and decrease oil imports. Policy design, including blending mandates, plays a crucial role in market growth. Biofuels derived from feedstocks like coarse grain, sugar crops, jatropha, molasses, and biomass are commonly used. Renewable diesel, ethanol, and biodiesel are the major liquid biofuels, while hydrogenated oil and biomass are used for producing advanced biofuels like hydrogenated vegetable oil and biomass-based diesel.Algae-based biofuels, including cyanobacterial development, are emerging as promising alternatives. Environmental regulations and the policy on biofuels continue to shape the market's direction, with a focus on reducing greenhouse gas emissions and promoting cleaner fuels.

How is this Biofuels Industry segmented and which is the largest segment?

The biofuels industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationTransportationAviationHeatingEnergy generationOthersProductEthanolBiodieselGeographyNorth AmericaUSEuropeUKAPACChinaIndiaSouth AmericaBrazilMiddle East and Africa

By Application Insights

The transportation segment is estimated to witness significant growth during the forecast period. The market In the transportation sector encompasses the production, distribution, and consumption of biofuels as a substitute for traditional fossil fuels, predominantly In the transportation industry. Biofuels are derived from renewable sources, including plants, algae, and organic waste, and are utilized to fuel various vehicles, such as cars, trucks, ships, and airplanes. The market's expansion is driven by environmental regulations, the need for GHG reductions, and energy security concerns. Key biofuels include ethanol, biodiesel, renewable diesel, hydrogenated oil, biojet, and sustainable aviation fuel. Feedstocks for biofuel production include vegetable oil, molasses, coarse grain, sugar crops, and biomass, among others.Policy design, such as blending mandates, the Renewable Fuel Standard, and the RenovaBio scheme, have significantly influenced market growth. Biofuels offer energy efficiency advantages and contribute to reducing greenhouse gas emissions, making them a sustainable alternative to petroleum oil. The transportation sector's transition to cleaner fuels is a critical step towards reducing oil imports and mitigating the environmental impact of fossil fuels.

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The Transportation segment was valued at USD 100.40 bn in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 28% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American the market, encompassing the US, Mexico, and Canada, is primarily driven by the automotive, mining, agriculture, power generation, marine, and railway sectors. The region's growth rate is forecasted to be moderate due to trade-related factors, such as tariffs and import-export regulations, influencing biofuel imports from Argentina, Indonesia, and Malaysia. The Canadian government is advocating for biofuels to decrease carbon emissions from automotive

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Solvents Market Size 2024-2028

The solvents market size is forecast to increase by USD 9.6 billion at a CAGR of 5.24% between 2023 and 2028. The market in the beauty industry is experiencing significant growth, driven by technological advancements in the recovery and recycling processes of solvents. These innovations enable the efficient use of solvents, reducing waste and lowering production costs. Additionally, the adoption of IoT technology in oil and gas extraction processes is increasing the demand for solvents, particularly ketones, ester solvents, glycol ether esters, alcohols such as methanol and ethanol. However, the market is also facing challenges due to the fluctuation in crude oil prices, which can impact the cost of raw materials and, consequently, the price of finished solvent products. To remain competitive, market players are focusing on improving production efficiency and reducing costs through process optimization and the adoption of sustainable manufacturing practices.

What will the size of the market be during the forecast period?

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The market encompasses a wide range of chemicals used as carriers for various applications. These include paints, coatings, adhesives, nail polish removers, printing inks, varnishes, fragrances, detergent, and spot removers, among others. The market is significantly influenced by the petrochemical output and the demand from industries such as Construction, Shipbuilding, and Aircraft manufacturing. Paints and coatings are major consumers of solvents, with Carbon tetrachloride and Methyl chloride being commonly used. However, due to environmental concerns, there is a shift towards the use of less harmful solvents such as alcohols, hydrocarbons, ketones, and Perchloroethylene (PERC). The personal care industry also contributes significantly to the market, with alcohols, ethanol, and Methyl isobutyl ketone being commonly used in cosmetics and nail polish removers. The market is subject to regulations such as the Solvents Emission Directive, which aims to reduce the environmental impact of solvent usage. In addition to these industries, the market also caters to the needs of various end-users such as the printing industry, where acetone is commonly used as a solvent for printing inks. Overall, the market is expected to grow due to the increasing demand for various end-use applications and the ongoing shift towards the use of less harmful solvents.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Alcohols
  Hydrocarbons
  Ketones
  Esters
  Others


End-user

  Paints and Coatings
  Pharmaceuticals
  Adhesives
  Printing Inks
  Others


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Type Insights

The alcohols segment is estimated to witness significant growth during the forecast period. Alcohol solvents, such as n-butanol and isopropanol, hold significant importance in various industries due to their versatile applications. In surface coatings, they serve as crucial intermediates, enhancing the quality and durability of coatings used on glass and metals. The demand for these solvents is driven by the increasing use of advanced coatings in the automotive, aerospace, and construction industries. Moreover, in the chemical industry, alcohol solvents are extensively used as intermediates in the production of plastics and composites. Their ability to dissolve a wide range of polymers makes them indispensable in this sector. In pharmaceuticals, these solvents are utilized for drug formulation, extraction, and purification processes, underlining their significance in the healthcare sector.

In the cosmetics and personal care industry, alcohol solvents are employed for their excellent solubility and efficacy in formulations. They help in extracting fragrances and flavors, contributing to the production of high-quality consumer products. Furthermore, in the electronics industry, these solvents are utilized for cleaning and maintaining electronic components and devices, ensuring optimal performance and reliability. Overall, the demand for high-quality alcohol solvents continues to grow, driven by their extensive applications across various industries.

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The alcohols segment accounted for USD 10.40 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers th

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Gasoline As A Fuel Market Size 2025-2029

The gasoline as a fuel market size is forecast to increase by USD 131.6 billion, at a CAGR of 1.4% between 2024 and 2029.

The market is experiencing significant growth due to the increasing number of automobiles, including light-duty trucks, on the road. Additionally, the use of gasoline in portable generators for various applications further boosts market demand. However, volatility in global crude oil prices poses a challenge to market growth. In the upstream oil and gas sector, data management and analytics play a crucial role in optimizing production and logistics. Visualization tools are essential for understanding complex data and making informed decisions. Furthermore, the transportation sector's focus on fuel efficiency continues to drive innovation in automotive purge valves and other automotive technologies to reduce fuel consumption. Despite these trends, market growth may be impacted by external factors, such as geopolitical instability and supply chain disruptions. Overall, the market is expected to continue its growth trajectory, with key factors including increasing demand, technological advancements, and the ongoing optimization of supply chain logistics.

What will be the Size of the Gasoline As A Fuel Market During the Forecast Period?

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The market encompasses the production, distribution, and consumption of gasoline as a primary transportation fuel. With the widespread adoption of automobiles, passenger cars, and motorcycles, gasoline remains a significant contributor to the global transportation energy requirements. However, the market faces increasing competition from alternative energy sources, such as electric vehicles and clean energy solutions. Gasoline availability remains a critical factor in the market's dynamics, with demand influenced by factors like carbon emissions regulations, consumer preferences, and the price of gasoline and related taxes. Secondary fuels, including ethanol, are increasingly used as additives to enhance fuel efficiency and reduce carbon emissions. The oil market significantly influences the gasoline fuel market due to the close relationship between crude oil and gasoline production.
The rise in automobile production and the increasing popularity of high-speed cars, motorcycles, and other internal combustion engine (ICE) vehicles continue to drive demand for gasoline. However, the market faces challenges from the growing adoption of clean energy sources, such as natural energy, solar, and wind power. Additionally, the increasing popularity of electric vehicles, diesel fuel, aviation fuel, and other alternative fuels for transportation, such as propeller airplanes and marine vessels, may further impact the market's size and direction. Gasoline prices and taxes also influence market dynamics, with fluctuations in these factors affecting consumer behavior and demand. The market's future direction will depend on various factors, including technological advancements, regulatory policies, and consumer preferences.

How is this Gasoline As A Fuel Industry segmented and which is the largest segment?

The gasoline as a fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Passenger vehicles
  Commercial vehicles
  Small engines
  Marine engines


Distribution Channel

  Fuel stations
  Direct supply to fleets
  Online fuel delivery services


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Application Insights

The passenger vehicles segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the extensive utilization and widespread adoption of passenger vehicles, which rely on gasoline as their primary fuel source. This segment includes sedans, hatchbacks, SUVs, and crossovers, all of which benefit from the availability of gasoline infrastructure and consumer preferences. The segment's prominence is further bolstered by technological advancements in internal combustion engines, enhancing performance and efficiency. Gasoline's established supply chain and distribution networks ensure consistent availability, supporting the sustained operation of passenger vehicles. Moreover, the market encompasses other sectors such as motorcycles, construction, and transportation, where gasoline serves as a primary or secondary fuel.

Alternative energy sources, including electric vehicles and clean energy, are gaining traction, but gasoline's versatility and accessibility make it a significant contributor to the energy requirements of p

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Biogas Upgrading Equipment Market Size 2024-2028

The biogas upgrading equipment market size is forecast to increase by USD 7.43 billion at a CAGR of 18.52% between 2023 and 2028. The market is driven by the increasing demand for cleaner fuel sources, particularly in the power generation, transportation, and marine industries. Biogas upgrading is essential to convert raw biogas into biomethane, which is compatible with Compressed Natural Gas (CNG) and can be used as a renewable alternative to fossil fuels. Technological advancements in cryogenic refining and methane enhancement techniques have improved the efficiency and cost-effectiveness of biogas upgrading. However, the high cost of production remains a significant challenge for market growth. In the US, the market is expected to grow due to the country's focus on renewable energy generation and the adoption of clean energy solutions. Key industries such as power generation, transportation, and marine are expected to drive market demand.

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The market is a significant segment in the renewable energy industry, focusing on the conversion of raw biogas into high-value biomethane and separating carbon dioxide (CO2). This process is essential for various applications, including Compressed Natural Gas (CNG) fuel, marine industry, power generation, and bioenergy production. Biogas, primarily composed of methane (CH4) and CO2, is produced through anaerobic digestion of organic substrates, such as manure, sewage sludge, organic fractions from household waste, industrial waste, energy crops, and other renewable sources. The upgrading process involves removing CO2 to produce biomethane, which is an excellent alternative to crude oil-derived natural gas and a valuable feedstock for producing chemicals, fertilizers, and other industrial applications.

In the power generation industry, biomethane can be used as a fuel in combined heat and power (CHP) systems, providing both electricity and heat, while reducing greenhouse gas emissions. In the marine industry, biomethane can be used as a fuel for ships, helping to decrease reliance on gas imports and lower emissions. Biomethane can also be compressed and used as CNG for transportation fuel, providing a sustainable alternative to traditional fossil fuel sources. Additionally, biomethane can be converted into other biofuels, such as biodiesel and ethanol, expanding its applications and value. The water washing technique is a common method used in the biogas upgrading process to remove CO2.

This procedure involves passing the raw biogas through water, allowing CO2 to dissolve and be separated from the biomethane. The CO2-rich water is then sent to a gas separation unit, where CO2 is removed as a byproduct. Filter products, such as activated carbon and membrane filters, are essential in the biogas upgrading process to ensure the purity of biomethane and remove impurities, such as hydrogen sulfide and siloxanes. These filters help improve the overall efficiency and performance of the upgrading equipment. The market is expected to grow as the demand for renewable energy sources increases, and the need to reduce greenhouse gas emissions becomes more pressing.

The market will also benefit from the growing recognition of biomethane as a versatile and valuable energy source, with applications ranging from power generation and transportation to industrial processes and chemical production. In conclusion, the market plays a crucial role in the renewable energy sector by converting raw biogas into valuable biomethane and separating CO2. This process is essential for various applications, including power generation, transportation, and industrial processes, and helps reduce greenhouse gas emissions. The market is expected to grow as the demand for renewable energy sources increases and the need to reduce greenhouse gas emissions becomes more pressing.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2017-2022 for the following segments.

Technology

  Water scrubber
  Chemical scrubber
  Pressure swing adsorption (PSA)
  Membrane
  Others


Geography

  Europe

    Germany
    UK
    Italy


  North America

    US


  APAC

    China


  South America



  Middle East and Africa

By Technology Insights

The water scrubber segment is estimated to witness significant growth during the forecast period.Biogas upgrading equipment plays a crucial role in enhancing the quality of biomethane by removing impurities such as carbon dioxide (CO2) and hydrogen sulfide. One of the most common methods for CO2 removal is water scrubbing. In this process, water is utilized as a solvent to absorb CO2, leaving behind a gas stream enriched in methane. The methane content of the r

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Blackstrap Molasses Market Size 2024-2028

The blackstrap molasses market size is forecast to increase by USD 1.62 billion at a CAGR of 3.27% between 2023 and 2028.

The market is experiencing significant growth due to increasing demand for low-calorie sweeteners. This trend is driven by the rising health consciousness among consumers, leading them to opt for natural sweeteners over refined sugars. Another growth factor is the adoption of cold-pressed molasses extraction methods, which ensure higher nutrient content and better taste. However, the market is also facing challenges from fluctuating prices of molasses extract, which can impact the profitability of manufacturers. Producers must navigate these price fluctuations to maintain competitiveness In the market. Overall, the market is poised for steady growth, driven by consumer preferences for natural sweeteners and innovative production methods.

What will be the Size of the Blackstrap Molasses Market During the Forecast Period?

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The market In the health industries is experiencing significant growth due to its rich nutritional profile. This dark molasses is renowned for its high potassium content, making it an attractive alternative to processed table salt for consumers. The bakery industry also utilizes blackstrap molasses as a natural sweetener, adding depth of flavor without the refined sugars. Anemia patients, particularly those with iron deficiency, benefit from its iron content. Blackstrap molasses is also rich in antioxidants, appealing to health-conscious consumers. The market caters to both organic and conventional producers, offering liquid and powder forms. Industrial fermentation processes ensure consistent production.The rising vegan population and plant-based individuals' preference for ethical ingredients fuel the demand for blackstrap molasses in various industries. It finds applications as a sweetener In the skincare industry, animal feed industry, and as a nutritional supplement for diabetic illnesses. Alternative medicine practitioners and holistic healthcare advocates also recommend it for colorectal cancer prevention. Sustainable and ethical food production further bolsters the market's growth.

How is this Blackstrap Molasses Industry segmented and which is the largest segment?

The blackstrap molasses industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeLiquidPowderGeographyAPACChinaIndiaJapanNorth AmericaUSEuropeUKMiddle East and AfricaSouth America

By Type Insights

The liquid segment is estimated to witness significant growth during the forecast period.

Blackstrap molasses, a byproduct of the sugar refining process, holds significant market value in various industries. The largest and fastest growing segment of the market is the liquid form, primarily utilized in ethanol fermentation for alcohol production. The expanding beverage industry, including breweries, microbreweries, pubs, and bars, fuels the demand for blackstrap molasses in this sector. Additionally, the liquid molasses extract is gaining popularity as a natural sweetener for people with health conditions such as diabetes, obesity, and anemia. In the ethanol industry, blackstrap molasses contribute to the production of both alcoholic and non-alcoholic beverages, driven by the increasing disposable income and consumer preference for natural and organic products.Furthermore, the skincare and animal feed industries also utilize blackstrap molasses due to its nutrient-rich properties.

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The Liquid segment was valued at USD 5.27 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 66% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC is experiencing significant growth due to increasing health concerns and awareness. With the prevalence of obesity, diabetes, and heart issues on the rise, there is a growing demand for natural and low-calorie sweeteners, such as blackstrap molasses extracts. According to recent estimates, approximately 135 million individuals in India alone were obese. Furthermore, the establishment of high-end pubs and bars in countries like India, China, Japan, and Singapore, driven by urbanization, changing lifestyles, and increasing disposable income, is also fueling the demand for blackstrap molasses In the production