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Global Caramel Ingredient Market - Growth, Trends, and Forecasts (2017 - 2022)

  • ID: 4402518
  • Report
  • Region: Global
  • 100 pages
  • Mordor Intelligence
until Dec 31st 2019
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The global caramel ingredients market is projected to reach USD XX.X Billion by 2022, witnessing a CAGR of 7.8% from 2017 to 2022.

Caramel is one of the most versatile and widely-used confectionery products. Typically, caramel confectionery has a unique sweet taste and an appealing brown color.

Caramel is extremely stable and applicable in a wide variety of foods and beverages, and caramel has other attractive features including:

Excellent heat resistance
Stable color across a wide pH range
Exceptional light stability

Market Dynamics

Caramel is one of the most popular flavors in North America. Approximately, over 31,000 new food and beverage products are being launched in North America, every year. Of these, more than 1,045 (around 3.3%) are flavored with caramel. A vast majority of these are confectionery, such as hot drinks, bakery and cereals, ice cream and savory snacks.

Caramel is increasingly found across sweet treat categories; ice cream and chocolate are the key areas for caramel application. One in two of all desserts with caramel is ice cream, while one in five of all the confectionery products featuring caramel is chocolate.

Caramel colors are often utilized in beer production to generate cost savings, as less expensive malted barley can be used. This color can be added either at the process stage or at the finished stage, to increase/darken the overall color of the final product. Caramel is the most widely used colorant in the soft drink industry.

Consumer awareness about the health issues related to caramel is restricting the growth of caramel market; certain ingredients used in making caramel color can cause temporary or permanent health issues.

Market Segmentation

Among the application segment of the caramel ingredients, ice creams & desserts segment is projected to witness the highest growth rate during the forecast period. In the recent past, confectionery application accounted for the largest market share.

Geographically, North America is leading the market of caramel ingredients, regarding value and volume. The Asia-Pacific region is projected to be the fastest-growing market during the forecast period.

Innovative Market Products with Caramel Flavor

Dunkin' Donuts is testing Caramel Shaved Iced Espresso - espresso shots served over shaved ice, topped with caramel and whipped cream - in Maine and Florida.

Hershey’s launched Hershey Caramel Cookie Layer Crunch — this includes cookie bits and caramel

The key players of global caramel ingredient market include:

Cargill Incorporated
Kerry Group
Sensient Technologies Corporation
Sethness Caramel Color

Our report on the global caramel ingredient market covers:

MRO market trends & dynamics
Latest News & caramel ingredient market developments
Porter’s five forces analysis
Investment scope
Deep-dive insights
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Research Methodology
1.2 Market Definition
1.3 Report Description

2. Market Overview
2.1 Market Trends

3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers Rising Demand from Confectionery and Bakery Industries Growth in the Convenience Food Industry Rapidly Growing Beverage Industry
3.1.2 Restraints Increasing Prices of Caramel Ingredients Worldwide Awareness About Health Risks of Caramel Intake
3.1.3 Opportunities Demand for Organic Caramel Ingredients Tapping the Markets in Emerging Economies
3.1.4 Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of New Entrants Threat of Substitute Products and Services Degree of Competition

4. Market Segmentation
4.1 By Type
4.1.1 Color
4.1.2 Topping
4.1.3 Flavor
4.1.4 Fillings
4.1.5 Others
4.2 By Form
4.2.1 Solid
4.2.2 Liquid
4.2.3 Granular
4.2.4 Powder
4.2.5 Others
4.3 By Application
4.3.1 Bakery
4.3.2 Confectionery
4.3.3 Beverage Alcoholic Non-alcoholic
4.3.4 Breakfast Cereals
4.3.5 Others
4.4 By Geography
4.4.1 North America United States Canada Mexico Others
4.4.2 Europe Spain United Kingdom France Germany Russia Italy Greece Others
4.4.3 Asia-Pacific China India Japan Australia Others
4.4.4 South America Brazil Argentina Others
4.4.5 Africa South Africa Egypt Others

5. Competitive Landscape
5.1 Strategies Adopted by Key Players
5.2 Most Active Companies in the Past Five Years
5.3 Market Share Analysis

6. Company Profiles
6.1 Alvin Caramel Colours
6.2 Bakels Worldwide
6.3 Cargill Incorporated
6.4 DDW The Color House.
6.5 Ferrero
6.6 Göteborgsfood
6.7 Haribo
6.8 Kerry Group
6.9 Mars Inc.
6.10 Martin Braun KG
6.11 Metarom
6.12 Nestle
6.13 Nigay
6.14 Puratos Group
6.15 Sensient Technologies Corporation
6.16 Sethness Caramel Color
6.17 Sunspray Food Ingredients (Pty) Ltd.

7. Appendix
7.1 Disclaimer
7.2 Sources
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  • Bio Springer
Note: Product cover images may vary from those shown