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Caramel Liquid Market Value Share, Analysis and Segments 2017-2025
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Caramel color has great microbiological stability due to its high processing temperatures. The microbiological stability in Caramel will not support microbial growth in its undiluted form. Caramel colors are considered to be the most economical alternative compared to other natural or artificial food colors. Carmel color is one of the most versatile and widely used in foods and beverages. One of the most important features of Caramel is that it is easy to handle and storage due to its essential chemical properties.
Based on geography, the market is segmented into Latin America, North America, Europe, Middle East, Africa and Asia-Pacific. In the regional market, Asia-pacific region is expected to increase at a higher rate compared to other regions due to rise in annual disposable income and dietary changes in consumers in developing countries of the region.
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Natural color innovations and new sources of natural colors are the major factors influencing the growth of liquid caramel market. Furthermore, liquid caramel is becoming increasingly important in food and beverage industry due to its stability and functionality of color. Manufacturers in beverage industry often use liquid caramel colors to standardize the final beer color. Use of caramel colors in beer production reduce the cost of manufacturing as manufacturers can use less expensive malt barley while production of beer. However, increasing prices of Caramel ingredients worldwide is restraining the Liquid caramel market over the forecast period.
Key strategies adopted to expand by the major Liquid caramel manufacturers are increasing the global presence by mergers and acquisitions and introducing new product launches. Key players which specially deals in business of Liquid caramel are: Cargill Incorporated, Kerry Group, Nigay, Bakels Worldwide, Sensient Technologies Corporation, Puratos Group, Sethness Caramel Color, Sunspray Food Ingredients (Pty) Ltd, Asahi Group Foods, LTD., Alvin Caramel Colours (india) Private Ltd., San Soon Seng Food Industries sdn bhd., The John D. Walsh Company, Inc., Secna Group, Best Flavors, Inc., Fruitofood, Tsukuba Dairy Products Co. Ltd.
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