Molasses Market: Growing Food and Beverages Industry Escalate Demand
With flourishing food industry, and particularly dairy and meat products, a strong demand for adequate animal feed is emerging. For ages, molasses had been used as animal feed but the percentage was fairly low until researchers showed in 1960s that it can be a suitable substitute to cereal grains. Additionally, molasses, which is a viscous product that is extract by refining sugarcane or sugar beets, also finds application in the biofuel industry, commercial, and household.
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