Global Caramel Color Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Caramel Color Industry Forecast” looks at past sales and reviews total world Caramel Color sales in 2022, providing a comprehensive analysis by region and market sector of projected Caramel Color sales for 2023 through 2029. With Caramel Color sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Caramel Color industry.
This Insight Report provides a comprehensive analysis of the global Caramel Color landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Caramel Color portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Caramel Color market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Caramel Color and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Caramel Color.
The global Caramel Color market size is projected to grow from US$ 504.8 million in 2022 to US$ 566.4 million in 2029; it is expected to grow at a CAGR of 566.4 from 2023 to 2029.
The major manufacturers of caramel coloring in the world are DDW, Sethness, Ingredion, FELIX, Amano, Naturex, Aminosan, Three A, Qianhe, Aipu, Zhonghui, Shuangqiao and Xingguang, etc. According to the different functional, caramel color is divided into class I /plain caramel color, class II caramel color, class III caramel color and class IV caramel color. Class III caramel color is the most widely used type which took up about 58% of the global in 2019.
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 about 59% the global sales market in 2019, In China, the consumption of caramel color is mainly ammonia method (Class III).
This report presents a comprehensive overview, market shares, and growth opportunities of Caramel Color market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Class I Caramel Color
Class II Caramel Color
Class III Caramel Color
Class IV Caramel Color
Segmentation by application
Bakery Goods
Soy Sauces
Alcoholic Beverage
Soft Drink
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DDW
Sethness
Ingredion
FELIX
Amano
Naturex
Aminosan
Three A
Qianhe
Aipu
Zhonghui
Shuangqiao
Xingguang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Caramel Color market?
What factors are driving Caramel Color market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Caramel Color market opportunities vary by end market size?
How does Caramel Color break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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