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Global Caramel Ingredient Market 2017-2021

Global Caramel Ingredient Market 2017-2021

About Caramel Ingredient

Caramel ingredients are dark in color and prepared by heating different types of sugar. They are added to sweet dishes to enhance the taste, texture, and color. Caramel ingredients come in three different forms: solid, liquid, and powdered forms. Caramel ingredients have a soft texture because they are cooked at a low temperature (approximately 245 degrees Fahrenheit), due to which they can be easily molded into candies and bars. Vanilla caramel is the most popular caramel ingredient. According to Food Drug and Administration (FDA), caramel food coloring can be safely used in food or bakery items as it is Generally Recognized as Safe (GRAS).

Technavio’s analysts forecast the global caramel ingredient market to grow at a CAGR of 8.17% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global caramel ingredient market for 2017-2021. To calculate the market size, the report considers the sales volume/value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global caramel ingredient market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cargill
  • DDW The Colour House
  • Kerry
  • PURTOS GROUP
  • Sensient Technologies
  • Sethness Products Company
Other prominent vendors
  • Bakels Worldwide
  • Frito-Lay
  • GOETZE'S CANDY
  • GÖTEBORGS FOOD BUDAPEST
  • Martin Braun
  • Metarom Group
  • Nigay
  • Warren Corporation
Market driver
  • Increase in applications of caramel
  • For a full, detailed list, view our report
Market challenge
  • Increasing raw material prices
  • For a full, detailed list, view our report
Market trend
  • Organic caramel products gaining traction
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global caramel ingredient market 2017-2021

Technavio recognizes the following companies as the key players in the global caramel ingredient market: Cargill, DDW The Colour House, Kerry, PURTOS GROUP, Sensient Technologies, and Sethness Products Company

Other Prominent Vendors in the market are: Bakels Worldwide, Frito-Lay, GOETZE'S CANDY, GÖTEBORGS FOOD BUDAPEST, Martin Braun, Metarom Group, Nigay, and Warren Corporation.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Organic caramel products gaining traction. The demand for organic food products is increasing rapidly. Manufacturers aim to provide healthier products by using high-quality ingredients and raw materials. The caramel ingredients industry is witnessing a growing preference for organic caramel ingredients such as organic caramel sauce, organic caramel syrup, and organic salted caramel.”

According to the report, one of the major drivers for this market is Increase in applications of caramel. One of the significant drivers for the global caramel ingredient market is the growing scope of its application. Caramelization is the oldest method used for food colorings. Caramel is the substance that gives the deep brown color to colas and carbonated drinks and amber gold color to beer or other alcoholic drinks. The trend of food decoration is also increasingly being adopted by consumers. Caramel is also widely used in the personal care industry. Consumer demand for natural personal care products is increasing, due to which interest in caramel as a personal care colorant has risen. Caramel is also used for coloring hair. In the US and Europe, caramel color is an approved colorant.

Further, the report states that one of the major factors hindering the growth of this market is Increasing raw material prices. Commodities such as sugar, sweetened condensed milk, corn syrup, oil, and calcium carbonate are used to produce bakery and confectionery products. However, these commodities are subject to price fluctuations. Any significant increase in the price of raw materials may have an adverse impact on the final production and pricing of products. The price of these commodities fluctuates due to government policies and regulations, weather conditions, and demand. This, in turn, has a direct effect on the price of the end-products. Butter is also added to provide better taste, which proves to be an expensive ingredient for mass production. Moreover, the US sugar policy acts as a barrier as the current policy limits the availability of refined sugar and inflates the price of sugar, making it difficult for manufacturers to obtain supplies at a reasonable rate. Owing to these reasons, manufacturers have hiked the price of the products.

Companies Mentioned

Cargill, DDW The Colour House, Kerry, PURTOS GROUP, Sensient Technologies, Sethness Products Company, Bakels Worldwide, Frito-Lay, GOETZE'S CANDY, GÖTEBORGS FOOD BUDAPEST, Martin Braun, Metarom Group, Nigay, and Warren Corporation.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Four classes of caramel
      • Table Caramel manufacturing process
  • Market landscape
    • Market overview
      • Table Global caramel ingredient market
    • Global food ingredient market
      • Table Global food ingredient market 2016-2021 ($ billions)
    • Global caramel ingredient market
      • Table Global caramel ingredient market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Segmentation by application
    • Table Global caramel ingredient market by application 2016 (% share)
    • Global caramel ingredient market for bakery products
      • Table Global caramel ingredient market for bakery products 2016-2021 ($ billions)
    • Global caramel ingredient market for beverages
      • Table Global caramel ingredient market for beverages 2016-2021 ($ billions)
    • Global caramel ingredient market for confectionery products
      • Table Global caramel ingredient market for confectionery products 2016-2021 ($ billions)
    • Global caramel ingredient market for ice creams
      • Table Global caramel ingredient market for ice creams 2016-2021 ($ billions)
  • Segmentation by forms
    • Table Global caramel ingredient market by forms
  • Segmentation by distribution channel
    • Table Global caramel ingredient market by distribution channel 2016 (% share of revenue)
    • Table Analysis of different distribution channels based on certain parameters
  • Segmentation by geography
    • Global caramel ingredient market by geography
      • Table Global caramel ingredient market by geography 2016 and 2021 (% share)
    • Caramel ingredient market in APAC
      • Table Caramel ingredient market in APAC 2016-2021 ($ billions)
    • Caramel ingredient market in Americas
      • Table Caramel ingredient market in Americas 2016-2021 ($ billions)
    • Caramel ingredient market in EMEA
      • Table Caramel ingredient market in EMEA 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries: Market share 2016
    • US
      • Table Caramel ingredient market in US 2016-2021 ($ millions)
    • Japan
      • Table Caramel ingredient market in Japan 2016-2021 ($ millions)
    • Germany
      • Table Caramel ingredient market in Germany 2016-2021 ($ millions)
    • UK
      • Table Caramel ingredient market in UK 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Organic caramel products gaining traction
    • Growing popularity of flavor fusion
    • Increased usage of salted caramel
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors 2016
      • Table Competitive assessment of major players 2017
  • Key vendor analysis
    • Cargill
      • Table Cargill: Business segmentation
      • Table Cargill: Product portfolio
    • DDW The Colour House
      • Table DDW The Colour House: Business segmentation
    • Kerry
      • Table Kerry: Revenue by region for taste and nutrition segment 2016
      • Table Kerry: Business segmentation
      • Table Kerry: Product offerings
    • PURATOS GROUP
      • Table PURATOS GROUP: Business segmentation
      • Table PURATOS GROUP: Product segmentation
    • Sensient Technologies
      • Table Sensient Technologies: Product offerings
    • Sethness Products Company
      • Table Sethness Products Company: Application of caramel color
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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