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.
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 73% the global sales market in 2018, In China, the consumption of caramel color is mainly ammonia method (Class III), which occupied with 73% in 2018.
The caramel color sales will reach about 579 K MT in 2018 from 580K MT in 2014. Mainly affected by the decline in consumption in China. especially the changes in the consumption structure of soy sauce in the Chinese market.
The caramel color industry is highly competitive due to low entry barriers as the industry is less capital intensive and there is no major technology involved.
According to this study, over the next five years the Caramel Color market will register a 0.4% CAGR in terms of revenue, the global market size will reach US$ 600 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Caramel Color business, shared in Chapter 3.
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.
This study considers the Caramel Color value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Class I
Class II
Class III
Class IV
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Bakery Goods
Soy Sauces
Alcoholic Beverage
Soft Drink
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DDW
Sethness
Ingredion
FELIX
Amano
Naturex
Aminosan
Three A
Qianhe
Aipu
Zhonghui
Shuangqiao
Xingguang
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Caramel Color consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Caramel Color market by identifying its various subsegments.
Focuses on the key global Caramel Color manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Caramel Color with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Caramel Color submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
