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The caramel ingredients market is expected to grow from USD 1.72 billion in 2015 to USD 2.65 billion by 2021, at a CAGR of 7.5% from 2016 to 2021. Carmel ingredients are used in various applications in the food & beverage industry: as a filling, topping, colorant & flavorant, inclusion, coating, and icing. In the food & beverage industry, they find applications in confectioneries, desserts, bakery products, carbonated beverages, and alcoholic beverages. <br>Read more: https://www.marketsandmarkets.com/Market-Reports/caramel-ingredients-market-176167737.html<br>
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MarketsandMarkets™ Presents Caramel Ingredients Market- Forecast to 2021 https://www.marketsandmarkets.com/Market-Reports/caramel-ingredients-market-176167737.html
The report "Caramel Ingredients Market” by Type (Colors, Flavors, Fillings, Inclusions, Toppings, and Others), Application, Form, & by Region - Global Trends & Forecast to 2021, is projected to grow from USD 1.72 Billion in 2015 to USD 2.65 Billion by 2021, at a CAGR of 7.5%. Factors such as increasing demand for bakery and beverage products owing to changing consumer lifestyles are expected to increase the demand for caramel ingredients, globally. • Market Dynamics: • Drivers • Rising application in the confectionery & bakery and beverages industries • Growth in the convenience food industry • Restraints • Globally increasing prices of caramel ingredients • Opportunities • Increasing demand for clean label/ natural products • Challenges • Ill-health effects of caramel • Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=176167737
Rapidly growing bakery, confectionery, and beverage industries drive the global caramel ingredients market • The bakery industry has attained maturity in the developed markets of Europe and North America. On the otherhand, it is booming in the emerging markets of Asia Pacific and South America. Countries such as China and India are expected to be key revenue pockets in the coming years. Consumers in these countries are opting for foreign food products amidst urbanization and improvised logistics systems. This stands as a lucrative opportunity for foreign manufacturers to expand in this region, boosting the sales of caramel ingredients; since caramel ingredients are used in bakery & confectionery products as a topping, filling, and to add color & flavor. Apart from this, in the beverage industry, cafes are coming up with caramel- flavored drinks. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=176167737
The following are the major objectives of the study: • To describe and forecast the caramel ingredients market, in terms of value, by brand, type, application, and form • To describe and forecast the market, in terms of value and volume, by type, form, and application • To describe and forecast the caramel ingredients market, in terms of value, by region:Asia Pacific (APAC), Europe, North America, and the Rest of World (RoW), along with their respective countries • To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges) • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market • To study the complete value chain of caramel ingredients • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the caramel ingredients ecosystem • To strategically profile key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with detailing competitive landscape for market leaders • To analyze strategic approaches such as product launches, acquisitions, agreements, and partnerships in the caramel ingredients market • Request Sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=176167737
The overall caramel ingredients market is expected to grow from USD 1.72 billion in 2015 to USD 2.65 billion by 2021, at a CAGR of 7.5%. The use of caramel ingredients in the food & beverage industry; with applications in the booming bakery, confectionery, and beverage industries are the key factors driving the growth of this market. Caramel ingredients are manufactured through a process called caramelization, which includes the heating of various sugar components along with dairy products such as butter and cream. The resulted product is used as a colorant and flavorant in various food & beverage products such as confectioneries, desserts, bakery products, carbonated beverages, and alcoholic beverages. It is used as a filling, topping, coating, icing, inclusion; as well as to add color & flavor. The caramel ingredients market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Asia Pacific is the fastest-growing market for caramel ingredients. The rise in disposable income in Asia Pacific countries has urged consumers in the region to try out bakery & confectionery products, which, in turn, has increased the growth of caramel ingredients market in this region. The increasing penetration of caramel ingredients and the influx of global players, along with the emergence of native players, are contributing to the growth of the market. As a result, Asia Pacific holds a significant share of the overall caramel ingredients market.
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