Global Caramel Market, Research, Analysis, Size Forecast till 2023
Posted: Nov 03, 2018
Caramel is obtained by heating a mixture of milk, glucose syrup, and vegetable fats at a suitable temperature. Heating imparts a brown color to the finished product and regulates the moisture content. Caramel gives distinct color, taste, and flavor to food products, which makes it suitable to be used in bakery & confectionery, ice cream, frozen desserts, and beverages industries.
The key players in the global caramel market are Puratos (Belgium), Sethness Caramel Color (U.S.), DDW the Color House (U.S.), Bakels Worldwide (Switzerland), Metarom Group (France), Goetze's Candy Company Inc, (U.S.), Dallas Caramel Company (U.S.), Alpha Baking Co. (USA), The Warrell Corporation (U.S.), and NIGAY SAS (France)
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The global caramel market is segmented by type, form, application and region. By form, the market is segmented into solid, liquid, granular, and powder. By type, the caramel market has been segmented into colors, toppings, fillings, flavors, and others. Caramel market has been segmented by application into bakery, confectionery, beverages, desserts, snacks, and others.
The global caramel market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. Among all regions, North America is accounting for the largest market share the year of 2018. However, Asia-Pacific region is projected to expand at an exponential growth rate during the forecast period. Increasing per capita disposable income of the consumers in the emerging economies e is the major factor forthe rising growth of caramel market during the forecast period.
The Global Caramel Market is witnessing a substantial growth rate since the last few years, in both developed & emerging economies. There has been the introduction of premium chocolates and other innovative chocolate products which involves use of caramel for enhancing the organoleptic characteristics. Major manufacturers invest in new product development and launch of various combinations such as fruits, macadamia nuts, innovative rice-based snacks, and chocolate truffle.
Browse the market data and information spread across 110 pages with 47 data tables and 12 figures of the report "Caramel Market Research Report- Forecast to 2023" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/caramel-market-1786
Among all regions, North America is accounting for the largest market share the year of 2018. Europe is estimated to hold approximately 28% market share in 2018.
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At Market Research Future (Mrfr), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr), & Consulting Services.