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.
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.
Segmental Outlook
The global caramel ingredients market is segmented based on the application and end-use. Based on the application, the market is sub-segmented into coloring, flavoring, and others. Further, on the basis of application, the market is sub-segmented into beverages, bakery & confectionery, dairy & frozen desserts, and others.
The bakery & confectionery segment will be the major segment by end-use
The bakery & confectionery segment is anticipated to hold the major market share in the caramel ingredients market due to the high consumption of caramel in bakery items such as cakes, & pastries, and confectionery products such as candies. It is used in many forms in the bakery & confectionery industry to provide flavor and/or color to their finished product.
Global caramel ingredients Market Share by end-use, 2020 (%)
Regional Outlooks
The global caramel ingredients market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold the largest market share in the caramel ingredients market during the forecast period. It is due to the high usage of caramel ingredients coupled with various new products launched by the manufacturers in the region. Moreover, the presence of a strong bakery industry in the region will also significantly fuel the growth of the caramel ingredients market. The US is expected to be the major contributor to the caramel ingredient industry all across the globe.
Global caramel ingredients Market Growth, by Region 2020-2026
Asia-Pacific will augment with the fastest growth rate in the caramel ingredients market
Asia-Pacific is anticipated to witness the fastest growth rate in the caramel ingredients market owing to the increasing demand of consumers for diverse food variety that is influenced by western food cuisines. In addition, the increasing disposable income coupled with changing lifestyle is transforming the food habits of consumers which will significantly drive the caramel ingredients market growth. Moreover, increasing urbanization, rising sales of the final caramel-based products, and growth in the bakery industry also indicating towards a lucrative growth in the near future.
Market Players Outlook
The key players of the caramel ingredients market include Metarom Group, Nestle S.A., Nigay Sas, Puratos Group, Sethness Roquette, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including merger & acquisition, expansion, and new product launches to stay competitive in the market.
Recent Activities
The Report Covers
1. Report Summary
1.1. Research Business Functions and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Cargil Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Nestle S.A.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. NIGAY SAS
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Puratos Group
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. SETHNESS ROQUETTE
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Caramel Ingredients Market by Application
5.1.1. Coloring
5.1.2. Flavoring
5.1.3. Others (Topping, Inclusions)
5.2. Global Caramel Ingredients Market by End-Use
5.2.1. Beverages
5.2.2. Bakery & Confectionery
5.2.3. Dairy & Frozen Desserts
5.2.4. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Aarkay Food Products Ltd.
7.2. Alvin Caramel Colours (India) Pvt. Ltd.
7.3. Bakels Group (EMU AG)
7.4. Barry Callebaut
7.5. Burke Candy & Ingredients
7.6. Cargill Inc.
7.7. Dallas Caramel Co.
7.8. DDW, Inc.
7.9. Kerry Inc.
7.10. Kolorjet Chemicals Pvt Ltd.,
7.11. Martin Braun KG
7.12. Metarom Group
7.13. Miskin Foods Pvt Ltd.
7.14. Mon Pari Gourmand
7.15. Nestle S.A.
7.16. NIGAY SAS
7.17. Puratos Group
7.18. Sensient Technologies Corp.
7.19. SETHNESS ROQUETTE
7.20. W. Kündig & Die AG
1. GLOBAL CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
2. GLOBAL Coloring MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL Flavoring MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL OTHERS APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY END-USE, 2019-2026 ($ MILLION)
6. GLOBAL BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL BAKERY & CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL DAIRY & FROZEN DESSERTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL OTHERS END-USE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
11. NORTH AMERICA CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
12. NORTH AMERICAN CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
13. NORTH AMERICAN CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY END-USE, 2019-2026 ($ MILLION)
14. EUROPE CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
15. EUROPE CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
16. EUROPE CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY END-USE, 2019-2026 ($ MILLION)
17. ASIA-PACIFIC CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
18. ASIA-PACIFIC CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
19. ASIA-PACIFIC CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY END-USE, 2019-2026 ($ MILLION)
20. REST OF THE WORLD CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
21. REST OF THE WORLD CARAMEL INGREDIENTS MARKET RESEARCH AND ANALYSIS BY END-USE, 2019-2026 ($ MILLION)
1. GLOBAL CARAMEL INGREDIENTS MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
2. GLOBAL CARAMEL INGREDIENTS MARKET SHARE BY END-USE, 2019 VS 2026 (%)
3. GLOBAL CARAMEL INGREDIENTS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
4. GLOBAL COLORING MARKET SHARE BY REGION, 2019 VS 2026 (%)
5. GLOBAL FLAVORING MARKET SHARE BY REGION, 2019 VS 2026 (%)
6. GLOBAL OTHERS APPLICATION MARKET SHARE BY REGION, 2019 VS 2026 (%)
7. GLOBAL BEVERAGES MARKET SHARE BY REGION, 2019 VS 2026 (%)
8. GLOBAL BAKERY & CONFECTIONERY MARKET SHARE BY REGION, 2019 VS 2026 (%)
9. GLOBAL DAIRY & FROZEN DESSERTS MARKET SHARE BY REGION, 2019 VS 2026 (%)
10. GLOBAL OTHERS END-USE MARKET SHARE BY REGION, 2019 VS 2026 (%)
11. US CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
12. CANADA CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
13. UK CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
14. FRANCE CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
15. GERMANY CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
16. ITALY CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
17. SPAIN CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
18. ROE CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
19. INDIA CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
20. CHINA CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
21. JAPAN CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
22. REST OF ASIA-PACIFIC CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)
23. REST OF THE WORLD CARAMEL INGREDIENTS MARKET SIZE, 2019-2026 ($ MILLION)