Caramel Ingredient Market is Expected to Observe High Growth By 2025 | Growth by Key Players Cargill Inc., Kerry Group PLC, Ferrero, DDW The Color House

The major hurdle in Caramel Ingredient Market size is constantly rising raw material prices, which is subsequently leading to price rise of the product. Furthermore, shift in the eating habits of consumers to healthier products, minimalizing the use of confectionery products in their daily routine is a potential threat to product demand in the future.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1542

Based on the form of product, caramel ingredient market is classified into solid, powder/granular and liquid. Amongst all, liquid caramel led the overall caramel ingredient market share in 2016 due to its intensive usage in beverage industry. The powder/granular segment is likely to witness prominent gains over the forecast period as powder caramel has a better shelf life and is extensively used in bakery and packaged food products.
Based on product, caramel ingredient market is segmented into colors, topping, flavor, fillings and others. In 2016, the colors segment held a major chunk of caramel ingredient market followed by flavors segment. Caramel color ingredients are majorly consumed in food coloring and is essentially required across food & beverage industry. The toppings segment is expected to be the fastest growing caramel ingredient market. This can be attributed to the growing consumer preference for dining out, which in turn, is driving the need for food decoration (intended to make it more appealing) and eventually boosting product demand.
The prominent industries where the product has vital applications are beverage (alcoholic & non-alcoholic), confectionary, bakery and ice-cream & desserts. Other applications of caramel ingredient include sauces, malted food, breakfast cereals, etc. Among these, confectionery application led the caramel ingredient market, followed by beverages in 2016. The ice-cream & desserts demand is expected to witness rise due to continuous product innovation with new flavors fueled by changing consumer food preferences.
North America was major consumer of the caramel ingredient market in 2016 while Asia Pacific is the fastest growing region for the caramel ingredient market. The heavy consumption of the product in North America is due to the increasing popularity of frozen and packaged food (especially, bakery products and desserts) among consumers. Eastern followed North America in terms of volume of product consumption. Asia Pacific is likely to witness huge investments flowing in from some of the major market share contributors in the coming years due to availability of labor and raw material at lower costs. In addition, rising consumer awareness about advantages of fresh/natural label flavors and colors in Asian countries may offer growth opportunities to product manufacturers.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1542

The prominent players operating in the caramel ingredient market share are Cargill Inc., Kerry Group PLC, Ferrero, DDW The Color House, Sensient Technologies Corporation, Göteborgsfood Budapest Limited and Sethness Caramel Color, Puratos Group, Nestle, Mars Inc., Metarom, Nigay, Bakels Worldwide and Martin Braun KG. The major companies of the caramel ingredient market are primarily focusing on new launch, expansion and development of assortments in the product range.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.