The caramel ingredients market is anticipated to grow at a lucrative growth rate during the forecast period. Caramel ingredients are widely used in various food as well as non-food applications. For instance, food & beverages application of caramel ingredients includes soft drinks, soy sauce, seasonings, bread, pet foods, cereals, and many more whereas non-food applications of caramel ingredients were in cosmetic products. Hence, this wide range of application of caramel ingredients from food and beverages to cosmetic products is anticipated to significantly drive the growth of the global caramel ingredients market in the near future.
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However, the increasing awareness of consumers related to the adverse health effects from caramel consumption in high quantity can restraint the growth of the market. Besides, the recent surge in the demand for organic caramel ingredients for organic end products is presenting new opportunities for the manufacturers to expand in the caramel ingredients market during the forecast period. Though, a negative trend will be witnessed in the market in 2020 due to the closure of bakery and other confectionery shops due to lockdown introduced by the governments of different economies with different timelines amid the COVID-19 pandemic.
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Market Segmentation
Global Caramel Ingredients Market by Application
• Coloring
• Flavoring
• Others (Topping, Inclusions)
Global Caramel Ingredients Market by End-Use
• Beverages
• Bakery & Confectionery
• Dairy & Frozen Desserts
• Others
Regional Analysis
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Aarkay Food Products Ltd.
• Alvin Caramel Colours (India) Pvt. Ltd.
• Bakels Group (EMU AG)
• Barry Callebaut
• Burke Candy & Ingredients
• Cargill Inc.
• Dallas Caramel Co.
• DDW, Inc.
• Kerry Inc.
• Kolorjet Chemicals Pvt Ltd.,
• Martin Braun KG
• Metarom Group
• Miskin Foods Pvt Ltd.
• Mon Pari Gourmand
• Nestle S.A.
• NIGAY SAS
• Puratos Group
• Sensient Technologies Corp.
• SETHNESS ROQUETTE
• W. Kündig & Die AG
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