The molasses market in Romania has shown a declining trend from 2013 to 2023, with a decrease from 2.31 kilograms per capita in 2013 to 2.01 kilograms per capita in 2023. The yearly decline was consistent, with the most significant decrease observed between 2013 and 2015. Recently, from 2022 to 2023, the market contracted by approximately 0.5%. Over the last five years, the compound annual growth rate (CAGR) indicates a negative trend, averaging around -0.2% per year.
Looking forward, industry stakeholders should be mindful of potential impacts from shifts in consumer preferences, advancements in alternative sweeteners, and regulatory changes affecting sugar-derived products, which may influence market dynamics.
