Caramel Market 2018 with Best Scope and Growth on Market Attractiveness Forecasts to 2023
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.
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.
Europe is estimated to hold approximately 28% market share in 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 for the rising growth of caramel market during the forecast period.
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.
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.
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Labels: Caramel Market
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