Thailand Molasses Market (2025-2031) | Forecast, Industry, Analysis, Share, Trends, Revenue, Growth, Outlook, Size, Value, Companies

Market Forecast By Source (Sugarcane, Sugarbeet), By Type (Regular Molasses, Blackstrap Molasses), By Nature (Organic, Conventional), By End-Use (Industrial, Commercial, Household), By Sales Channel (Direct, Indirect) And Competitive Landscape
Product Code: ETC050165 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Molasses Market: Import Trend Analysis

In the Thailand molasses market, the import trend showed a notable growth rate of 15.0% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period of 2020-2024 was -8.35%. This decline in CAGR could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.

Thailand Molasses? Market Synopsis

The molasses market in Thailand involves the production, distribution, and consumption of molasses, which is a byproduct of sugar production. Molasses is a thick, dark syrup produced during the sugar refining process and finds applications in various industries, including animal feed, alcohol production, and as a raw material for certain chemicals. Before the Covid-19 pandemic, the Thailand molasses market was experiencing steady growth, driven by the sugar industry`s production volumes and demand from various sectors. The pandemic had some impact on the market due to disruptions in the supply chain and reduced economic activities.

Market Drivers

The sugar industry`s performance directly influences the molasses market, as molasses is a byproduct of sugar production. Molasses is a popular ingredient in animal feed due to its high nutritional value, contributing to the demand in the livestock sector. The alcoholic beverage industry uses molasses as a raw material for the production of certain spirits, such as rum. Molasses serves as a feedstock for the production of certain chemicals, including ethanol and citric acid.

Challenges of the Market

Other feed ingredients may offer similar nutritional benefits, challenging the demand for molasses in the animal feed sector. The molasses market may experience fluctuations in supply based on the seasonal nature of sugar production. Price fluctuations in the sugar and feedstock markets can impact the molasses market`s stability. The waste disposal of molasses byproducts may raise environmental concerns.

Covid-19 Impact on the Market

The Covid-19 pandemic had an impact on the Thailand molasses market. Reduced economic activities and disruptions in the supply chain affected the sugar industry`s production volumes, leading to potential fluctuations in molasses availability. The animal feed sector also experienced some challenges due to the pandemic`s impact on livestock farming.

Key Players of the Market

The Thailand molasses market includes both sugar producers and molasses suppliers. Some key players in the market include: Mitr Phol Group, Khon Kaen Sugar Industry Public Company Limited, Thailand Roong Ruang Sugar Group, Triveni Engineering & Industries Ltd.

Key Highlights of the Report:

  • Thailand Molasses? Market Outlook
  • Market Size of Thailand Molasses? Market, 2024
  • Forecast of Thailand Molasses? Market, 2031
  • Historical Data and Forecast of Thailand Molasses? Revenues & Volume for the Period 2021-2031
  • Thailand Molasses? Market Trend Evolution
  • Thailand Molasses? Market Drivers and Challenges
  • Thailand Molasses? Price Trends
  • Thailand Molasses? Porter's Five Forces
  • Thailand Molasses? Industry Life Cycle
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Sugarcane for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Sugarbeet for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Regular Molasses for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Blackstrap Molasses for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Nature for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Organic for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Conventional for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By End-Use for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Industrial? for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Household for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Direct for the Period 2021-2031
  • Historical Data and Forecast of Thailand Molasses? Market Revenues & Volume By Indirect for the Period 2021-2031
  • Thailand Molasses? Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Nature
  • Market Opportunity Assessment By End-Use
  • Market Opportunity Assessment By Sales Channel
  • Thailand Molasses? Top Companies Market Share
  • Thailand Molasses? Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Molasses? Company Profiles
  • Thailand Molasses? Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Thailand Molasses Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Molasses Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Molasses Market - Industry Life Cycle

3.4 Thailand Molasses Market - Porter's Five Forces

3.5 Thailand Molasses Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Thailand Molasses Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Thailand Molasses Market Revenues & Volume Share, By Nature, 2021 & 2031F

3.8 Thailand Molasses Market Revenues & Volume Share, By End-Use, 2021 & 2031F

3.9 Thailand Molasses Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

4 Thailand Molasses Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Molasses Market Trends

6 Thailand Molasses Market, By Types

6.1 Thailand Molasses Market, By Source

6.1.1 Overview and Analysis

6.1.2 Thailand Molasses Market Revenues & Volume, By Source, 2021-2031F

6.1.3 Thailand Molasses Market Revenues & Volume, By Sugarcane, 2021-2031F

6.1.4 Thailand Molasses Market Revenues & Volume, By Sugarbeet, 2021-2031F

6.2 Thailand Molasses Market, By Type

6.2.1 Overview and Analysis

6.2.2 Thailand Molasses Market Revenues & Volume, By Regular Molasses, 2021-2031F

6.2.3 Thailand Molasses Market Revenues & Volume, By Blackstrap Molasses, 2021-2031F

6.3 Thailand Molasses Market, By Nature

6.3.1 Overview and Analysis

6.3.2 Thailand Molasses Market Revenues & Volume, By Organic, 2021-2031F

6.3.3 Thailand Molasses Market Revenues & Volume, By Conventional, 2021-2031F

6.4 Thailand Molasses Market, By End-Use

6.4.1 Overview and Analysis

6.4.2 Thailand Molasses Market Revenues & Volume, By Industrial , 2021-2031F

6.4.3 Thailand Molasses Market Revenues & Volume, By Commercial, 2021-2031F

6.4.4 Thailand Molasses Market Revenues & Volume, By Household, 2021-2031F

6.5 Thailand Molasses Market, By Sales Channel

6.5.1 Overview and Analysis

6.5.2 Thailand Molasses Market Revenues & Volume, By Direct, 2021-2031F

6.5.3 Thailand Molasses Market Revenues & Volume, By Indirect, 2021-2031F

7 Thailand Molasses Market Import-Export Trade Statistics

7.1 Thailand Molasses Market Export to Major Countries

7.2 Thailand Molasses Market Imports from Major Countries

8 Thailand Molasses Market Key Performance Indicators

9 Thailand Molasses Market - Opportunity Assessment

9.1 Thailand Molasses Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Thailand Molasses Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Thailand Molasses Market Opportunity Assessment, By Nature, 2021 & 2031F

9.4 Thailand Molasses Market Opportunity Assessment, By End-Use, 2021 & 2031F

9.5 Thailand Molasses Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

10 Thailand Molasses Market - Competitive Landscape

10.1 Thailand Molasses Market Revenue Share, By Companies, 2024

10.2 Thailand Molasses Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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