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Global Caramel Color Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like DDW,Sethness,Ingredion,Inc.
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Caramel color is the world's most widely used food colorant. It is commonly found in many food and beverage products and is considered to be safe and harmless according to leading food ingredient authorities worldwide. It is mainly used in bakery goods, soy sauces, alcoholic beverage, soft drink etc.
At present, caramel color consumption market mainly concentrated in Asia, North America. Asia is the largest sales country of caramel color in the world in the past few years and it will keep 73% the global sales market in 2018, In China, the consumption of caramel color is mainly ammonia method (Class III), which occupied with 73% in 2018.
The caramel color sales will reach about 579 K MT in 2018 from 580K MT in 2014. Mainly affected by the decline in consumption in China. especially the changes in the consumption structure of soy sauce in the Chinese market.
The caramel color industry is highly competitive due to low entry barriers as the industry is less capital intensive and there is no major technology involved.
The global Caramel Color market is valued at 590 million US$ in 2018 is expected to reach 600 million US$ by the end of 2025, growing at a CAGR of 0.5% during 2019-2025.
Market Segment by Manufacturers, this report covers
DDW
Sethness
Ingredion
FELIX
Amano
Naturex
Aminosan
Three A
Qianhe
Aipu
Zhonghui
Shuangqiao
Xingguang
Market Segment by Type, covers
Class I
Class II
Class III
Class IV
Market Segment by Applications, can be divided into
Bakery Goods
Soy Sauces
Alcoholic Beverage
Soft Drink
Others
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Related Information:
North America Caramel Color Market Growth 2019-2024
United States Caramel Color Market Growth 2019-2024
Asia-Pacific Caramel Color Market Growth 2019-2024
Europe Caramel Color Market Growth 2019-2024
EMEA Caramel Color Market Growth 2019-2024
Global Caramel Color Market Growth 2019-2024
China Caramel Color Market Growth 2019-2024
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