Global Caramel Market Insights and Forecast to 2027

Caramel is obtained by heating a mixture of milk, glucose syrup, and vegetable fats at a suitable temperature. Heating imparts a brown color to the finished product and regulates the moisture content. Caramel gives distinct color, taste, and flavor to food products, which makes it suitable to be used in bakery & confectionery, ice cream, frozen desserts, and beverages industries.
The global caramel market is witnessing a substantial growth rate since the last few years, in both developed & emerging economies. There has been the introduction of premium chocolates and other innovative chocolate products which involves use of caramel for enhancing the organoleptic characteristics.

Market Analysis and Insights: Global Caramel Market
The global Caramel market is valued at US$ 1953.4 million in 2019. The market size will reach US$ 2437.3 million by the end of 2026, growing at a CAGR of 3.2% during 2021-2026.

Global Caramel Scope and Market Size
Caramel market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Caramel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Colors
Toppings
Fillings
Flavors
Others

Segment by Application
Bakery
Confectionery
Beverages
Desserts
Snacks
Others

By Company
Puratos
Sethness Caramel Color
Bakels Worldwid
Metarom Group
Goetze's Candy Company
Dallas Caramel Company
Alpha Baking
The Warrell Corporation

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia

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