In 2023, the production of molasses in Germany stood at 720 million kilograms. Forecasts indicate a steady annual increase, with production reaching 740.05 million kilograms by 2028. Year-on-year, the growth rate from 2024 to 2028 is consistently in the range of 0.6% to 0.7%. The Compound Annual Growth Rate (CAGR) for 2024-2028 is approximately 0.7%.
Key future trends to watch for include:
- Diversification of molasses applications in alternative sectors, such as biofuels and animal feed.
- Potential impact of international demand fluctuations and environmental regulations on production capacities.
