Caramel Market Overview and Scope of Worldwide Market Analysis, Services and Solutions and Forecast to 2023
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 can provide sensory textures to food products, such as soft and chewy, thereby, propelling the demand for a food.
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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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. Europe is estimated to hold approximately 28% market share in 2018.
The growth of the Caramel Market in this region is attributed to various factors; one of the factors is the rising trend of food decorations in bakery & confectionery products. 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 for the rising growth of caramel market during the forecast period.
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
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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