Global Molasses: Leading Suppliers and Manufacturers
Originally Published on: SpendEdge |Top Suppliers and Manufacturers of Molasses Across the World
Due to its numerous health benefits, molasses is increasingly preferred to sugar as a sweetener across the globe. It provides relief from headaches, constipation, anemia, diabetes, tension, obesity, cancer, and skin disorders and is a byproduct of sugar production. In addition to blackstrap molasses, sulfured molasses, unsulfured molasses, and hydrol, molasses are produced as a byproduct of the sugar-making process. According to a recent report by SpendEdge, the growing demand for clean-label products in the food and beverage industry can be attributed to the rising prominence of molasses. In addition, the demand for clean-label products is compelling molasses manufacturers to produce products without artificial additives, preservatives, stabilizers, enhancers, or thickeners.
Five leading producers of molasses
Sugar Imperial
Imperial Sugar, founded in 1843 and situated in the United States, is a leading supplier of molasses and a sugar producer. It also produces molasses crystals for use in dry mixes, confectionery bars, cream centers, beverages, toppings, cereals, and fillings. Imperial Sugar engages in the production, processing, refinement, transportation, customization, and distribution of commodities, with Europe and the Middle East and Africa constituting its largest trading hubs.
MALE ED&F
James Man founded ED&F MAN in 1783 as a sugar cooperage and brokerage in the United Kingdom. In addition to procuring, storing, and distributing agricultural commodities, the company assists clients in mitigating price risk through financial products. They obtain four million tonnes of molasses from over 50 countries, allowing industrial companies to use it in fertilizers, renewable energy, fermentation, construction, and waste management.
The Archer Daniels Midland Firm
John Daniels founded the company Archer Daniels Midland in 1902. It operates more than 270 plants and 420 crop procurement facilities in more than 100 countries. Dri-mol molasses powder, Dri-Mol 604 dry molasses powder, Sweet'n'Neat 4000 dry molasses powder, Sweet'n'Neat 65 spray-dried molasses powder, and De-Mol® dry molasses powder are just some of the products offered by one of the leading molasses suppliers.
B&G Food Products
In 1889, Bloch & Guggenheimer, also known as B&G Foods, began peddling pickles on the streets of Manhattan. Their product, Grandma's Molasses, is among the highest-quality molasses available in the United States. The company also owns the brands Bear Creek, Green Giant, Ortega, Baker's Joy, and Wrights. In 2016, the company's revenues totaled $1.39 billion.
PAUL CREMER
Peter Cremer is a German producer of agricultural products, primary and fundamental materials, and oleochemicals. The company engages in molasses commerce in more than 40 countries. In addition to being a notable supplier of molasses, this business also deals in corn, rice, barley, wheat, and oleochemicals.
In SpendEdge's forthcoming report on the global molasses market, procurement best practices, cost modeling, risk analysis, sourcing strategies, and procurement best practices will be analyzed.
