Caramel
is a confectionary delight which is made by heating a variety of
sugars with or without acids or alkalis and offered in form of
liquid, solid, granular and powdered form. Liquid Caramel is a
high-quality caramel that isc used as a topping or center in ice
cream products, baked goods and snacks or colorant in beverages.
Factors such as extremely stable and applicable in the wide range of
food and beverages have led the demand for liquid caramel in food and
beverage industry. Liquid Caramel Colors and Caramelized Sugar Syrups
are used in a numerous alcoholic and non-alcoholic beverages
including carbonated soft drinks, Lemonades, Teas, Fruit drinks,
Spirits, liqueurs, and Beer.
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Caramel
color has great microbiological stability due to its high processing
temperatures. The microbiological stability in Caramel will not
support microbial growth in its undiluted form. Caramel colors are
considered to be the most economical alternative compared to other
natural or artificial food colors. Carmel color is one of the most
versatile and widely used in foods and beverages. One of the most
important features of Caramel is that it is easy to handle and
storage due to its essential chemical properties.
Caramel
Liquid Market Segmentation
Caramel
Liquid market can be segmented on the basis of applications, type,
and by regions.
On
the basis of application, the market is segmented into bakery
products, confectionery products, beverages, and others. Other
include breakfast cereals and sauces etc.
On
the basis of type, the liquid caramel market is segmented into
fillings, toppings, colors, flavors, and others. The caramel
colorants segment in Liquid Carmel market is expected to hold the
significant market share over the forecast period in terms of value
as compared to other liquid caramel segments. Liquid Caramel is a
great stable colorant, and exhibit tolerance to a huge variety of
food and beverages with varying physical and chemical nature. Caramel
color is water soluble and heat stable in food applications.
International food standards recognize four classes of caramel color.
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Based
on geography, the market is segmented into Latin America, North
America, Europe, Middle East, Africa and Asia-Pacific. In the
regional market, Asia-pacific region is expected to increase at a
higher rate compared to other regions due to rise in annual
disposable income and dietary changes in consumers in developing
countries of the region.
Caramel
Liquid Global Market Trends and Market Drivers:
Natural
color innovations and new sources of natural colors are the major
factors influencing the growth of liquid caramel market. Furthermore,
liquid caramel is becoming increasingly important in food and
beverage industry due to its stability and functionality of color.
Manufacturers in beverage industry often use liquid caramel colors to
standardize the final beer color. Use of caramel colors in beer
production reduce the cost of manufacturing as manufacturers can use
less expensive malt barley while production of beer. However,
increasing prices of Caramel ingredients worldwide is restraining the
Liquid caramel market over the forecast period.
Caramel
Liquid Market Key Players:
Key
strategies adopted to expand by the major Liquid caramel
manufacturers are increasing the global presence by mergers and
acquisitions and introducing new product launches. Key players which
specially deals in business of Liquid caramel are: Cargill
Incorporated, Kerry Group, Nigay, Bakels Worldwide, Sensient
Technologies Corporation, Puratos Group, Sethness Caramel Color,
Sunspray Food Ingredients (Pty) Ltd, Asahi Group Foods, LTD., Alvin
Caramel Colours (india) Private Ltd., San Soon Seng Food Industries
sdn bhd., The John D. Walsh Company, Inc., Secna Group, Best Flavors,
Inc., Fruitofood, Tsukuba Dairy Products Co. Ltd.
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