Trends and Forecast for the Global Caramel Ingredient MarketTrends, opportunities and forecast in caramel ingredient market to 2025 by type (colors, flavors, fillings, inclusions, toppings, and others), application (bakery products, confectionery products, ice creams & desserts, beverages, alcoholic drinks, non-alcoholic drinks, and others), form (solid, liquid, and powder/granular), and region (North America, Europe, Asia Pacific, and Rest of the World)Lucintel's latest market report analyzed that caramel ingredient provides attractive opportunities in bakery products, confectionery products, ice creams & desserts, beverages, alcoholic drinks, non-alcoholic drinks, and others. The caramel ingredient market is expected to grow at a CAGR of 7%-9%. In this market, colors are the largest segment by type, whereas confectionery products are largest by application.
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Based on type, the caramel ingredient market is segmented into colors, flavors, fillings, inclusions, toppings, and others. The colors segment accounted for the largest share of the market in 2020 due to the safety associated with its use as mentioned by the leading food ingredient authorities, such as the Food and Drug Administration (FDA).
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The caramel ingredient market is marked by the presence of several big and small players. Some of the prominent players offering caramel ingredient include Kerry Group, Cargill, Sensient Technologies Corporation, Puratos Group, and Sethness Caramel Color, DDW The Color House, Nigay, Metarom, Martin Braun, Göteborgsfood Budapest ZRT, and Bakels Worldwide.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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