Market Overview:
The global caramel market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for premium and artisanal products, increasing awareness about the health benefits of caramel, and growing demand for flavored and functional caramels. The global caramel market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into colors, toppings, fillings, flavors, and others. The colors segment is further sub-segmented into dark caramels (made with molasses), light caramels (made with corn syrup), amber/brown caramels (made with both molasses and corn syrup), white/milk caramels (made with dairy products), and others (including blackstrap molasses). The toppings segment includes nuts such as almonds or hazelnuts; chocolate chips or shavings; sea salt flakes; crushed biscuit or cookie pieces; other flavorings such as coffee beans or spices; fruits such as raisins or cranberries;and others including marshmallows,. fillings are used in confectionery items such as chocolates,, candies,, pastries,, pies,, tarts etc., while flavors are used in bakery items like cakes,, cookies etc.
Product Definition:
Caramel is a type of confectionery that is made from sugar and heated until it becomes a thick, dark syrup. It can be used as a flavoring or to add color to foods.
Colors:
Colors is a natural flavoring agent derived from sources including fruits, vegetables and nuts. It’s widely used in confectionery products such as chocolates, chewing gum and mints owing to its intense color. Increasing demand for naturally derived ingredients coupled with growing consumer inclination towards healthy lifestyle is expected to drive the global colors market over the forecast period.
Toppings:
Toppings is a range topping ingredient that can be used as antopping ingredient in ice cream, fudges, cakes and pastries. It has high usage rates in the caramel market due to its unique flavor and taste. The main function of this product is to provide additional toppings without adding extra fat or calories into the food products. This helps consumers to add variety while eating their favorite foods which results into increased sales for the companies producing these kinds of food items.
Application Insights:
Beverages accounted for the largest share of over 30.0% in 2017. The segment is expected to witness significant growth on account of rising demand for coffee, hot chocolate and other beverages containing caramel as toppings. Beverages such as lattes, cappuccinos and milkshakes are highly popularized using this ingredient due to its sweet taste and aroma pleasing characteristics. These ingredients also impart a rich color, which enhances the overall appearance of beverage products creating an instant hit among consumers worldwide.
The bakery segment was valued over USD 200 million in 2017 owing to increasing demand from both domestic as well as foreign markets including Germany, U.K., Russia and China where these products are considered a delicacy rather than just a breakfast item or snack food like in many countries including the U.S.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is one of the largest consumers owing to high demand for caramel-based food products from various end-use industries such as bakery, confectionery and desserts. Furthermore, growing health awareness among consumers is expected to increase product demand over the forecast period.
Growth Factors:
- Increasing demand for premium and artisanal caramel products.
- Rising popularity of caramel-flavored foods and beverages.
- Growing demand from emerging markets such as Asia Pacific and Latin America.
- Proliferation of new product launches featuring caramel flavors or ingredients.
Scope Of The Report
Report Attributes
Report Details
Report Title
Caramel Market Research Report
By Type
Colors, Toppings, Fillings, Flavors, Others
By Application
Bakery, Confectionery, Beverages, Desserts, Snacks, Others
By Companies
Puratos, Sethness Caramel Color, Bakels Worldwid, Metarom Group, Goetze's Candy Company, Dallas Caramel Company, Alpha Baking, The Warrell Corporation, Puratos
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Caramel Market Report Segments:
The global Caramel market is segmented on the basis of:
Types
Colors, Toppings, Fillings, Flavors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery, Confectionery, Beverages, Desserts, Snacks, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Puratos
- Sethness Caramel Color
- Bakels Worldwid
- Metarom Group
- Goetze's Candy Company
- Dallas Caramel Company
- Alpha Baking
- The Warrell Corporation
- Puratos
Highlights of The Caramel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Colors
- Toppings
- Fillings
- Flavors
- Others
- By Application:
- Bakery
- Confectionery
- Beverages
- Desserts
- Snacks
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Caramel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Caramel is a type of sugar that is made from the burning of sugar cane or other types of sweet plants.
Some of the major players in the caramel market are Puratos, Sethness Caramel Color, Bakels Worldwid, Metarom Group, Goetze's Candy Company, Dallas Caramel Company, Alpha Baking, The Warrell Corporation, Puratos.
The caramel market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Caramel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Caramel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Caramel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Caramel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Caramel Market Size & Forecast, 2020-2028
4.5.1 Caramel Market Size and Y-o-Y Growth
4.5.2 Caramel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Colors
5.2.2 Toppings
5.2.3 Fillings
5.2.4 Flavors
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Bakery
6.2.2 Confectionery
6.2.3 Beverages
6.2.4 Desserts
6.2.5 Snacks
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Caramel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Caramel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Colors
9.6.2 Toppings
9.6.3 Fillings
9.6.4 Flavors
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Bakery
9.10.2 Confectionery
9.10.3 Beverages
9.10.4 Desserts
9.10.5 Snacks
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Colors
10.6.2 Toppings
10.6.3 Fillings
10.6.4 Flavors
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Bakery
10.10.2 Confectionery
10.10.3 Beverages
10.10.4 Desserts
10.10.5 Snacks
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Colors
11.6.2 Toppings
11.6.3 Fillings
11.6.4 Flavors
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Bakery
11.10.2 Confectionery
11.10.3 Beverages
11.10.4 Desserts
11.10.5 Snacks
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Colors
12.6.2 Toppings
12.6.3 Fillings
12.6.4 Flavors
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Bakery
12.10.2 Confectionery
12.10.3 Beverages
12.10.4 Desserts
12.10.5 Snacks
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Colors
13.6.2 Toppings
13.6.3 Fillings
13.6.4 Flavors
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Bakery
13.10.2 Confectionery
13.10.3 Beverages
13.10.4 Desserts
13.10.5 Snacks
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Caramel Market: Competitive Dashboard
14.2 Global Caramel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Puratos
14.3.2 Sethness Caramel Color
14.3.3 Bakels Worldwid
14.3.4 Metarom Group
14.3.5 Goetze's Candy Company
14.3.6 Dallas Caramel Company
14.3.7 Alpha Baking
14.3.8 The Warrell Corporation
14.3.9 Puratos
