Top Molasses Companies

In a highly competitive molasses business, companies are putting their energies into broadening their range of products and improving their sustainability. Cargill, Inc., Tate & Lyle PLC, and Domino Specialty Ingredients are among the large companies that have created sophisticated molasses-derived products for various industries, such as the food industry, the bioethanol industry, and the animal feed industry. Other methods, including mergers and acquisitions, and investments in green technology, are being adopted by the businesses in an effort to meet the increasing trend of sustainability.

• Hummingbird Bioscience (2015): Owing to the reason that Hummingbird Bioscience is more into creating biotechnological innovations, the firm is not engaged in commercial production using molasses. Nevertheless, the firm's work in genetic engineering and agricultural optimization can actually be applied indirectly to improve the industry of molasses. The scientific capability of Hummingbird can be applied to enhance the efficiency of sugar manufacturing, which is a critical raw material for molasses. This can be achieved by maximizing the yields and robustness of sugarcane and other crops with the use of genetic advancements. Increased crop yields would result in more production of molasses, which would be a boon to industries like animal feed and biofuels that rely on the byproduct.

Top Player’s Company Profile

• Cargill, Inc.

• Tate & Lyle PLC

• Domino Specialty Ingredients

• Archer Daniels Midland Company

• Pure Life Enterprises

• Raízen Energia

• Cristal Union

• Imperial Sugar Company

• American Crystal Sugar Company

• Sudzucker AG

• Penford Corporation

• China National Chemical Corporation

• Godrej Agrovet Limited

• Mitsui Sugar Co., Ltd.

• Associated British Foods PLC