Global Food Caramel Colorant Industry
Overview
Caramel colorant is a food colorant used worldwide. This additive adds the rich and mouthwatering caramel flavor to desserts, ice-creams, chocolates, custards etc. The Global Food Caramel Colorant market is continuously growing and is expected to grow till the year 2025. FDA declares Food Caramel colorant is safe and harmless thus enhancing its use in baking and beverage making. It has been observed that the global market for caramel colorant is expected to grow with a CAGR of 0.5 percent annually in the upcoming five years.
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Food Caramel colorant is prepared by a controlled cooking process over 150 years and are classified as not genotoxic and non-carcinogenic food additives by authorized bureaus. Even daily consumption of caramel colorant is proclaimed safe based on the safety studies conducted. There are four distinct classes of caramel colorant available. The dark brown liquid or powder caramel colorants are prepared by heating carbohydrates in controlled heat. With burnt sugar odor and bitter taste, caramel colorant added on appropriate proportion gives a notably distinct flavor for finished bakery products. With bakery products market soaring high, the important ingredient food caramel colorant market too globally diversifying and reaching new high numbers.
The global food caramel colorant market has been studied over years for the market size forecast from 2019-2025, the history years considered are from 2014-2018; the base year being 2018 and the estimated year being 2019. Currently the caramel colorant market size is around $920 million. With food and beverage industry being on rising trend, the consumption curve is expected to be a smooth curve with reduction in price and increase in sales.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Cargill
DDW The Color House
Chr. Hansen
Naturex
Sethness Caramel Color
Aarkay
ARADHYA COLOUR INDUSTRIES
Kolorjet
Foodchem
Mascot food colours
Market segmentation
The food caramel colorant global market has following key segmentation areas namely
- Based on product type
- Food caramel colorant Powder
- Food caramel colorant liquid
- Based on application / usage:
- Beverage making
- Baking
- Candy and other confectionaries
- Ice-creams
- Alcoholic beverage
- Soy sauce making
- Jams and jellies
- Based on types of caramel colors
- Class 1 caramel color- plain caramel
- Class 2 caramel color-sulfite Caramel
- Class 3 caramel color-ammonia caramel
- Class 4 caramel color- sulfate ammonia caramel
The first available caramel food colorant was manufactured in the USA in the year 1963
Regional overview
The geographical market segmentation of food caramel colorant includes the following main regions namely: North America, Europe, Asia Pacific, central and South America. Among these main operating sectors, the North America sector mainly concentrated around Canada and Mexico are the major players. China has taken over off late with 29% sales of food caramel colorant in the year 2015. Followed by china, the US sales occupy about 24.5% percent of the total market sales. In Asia pacific other countries like India, Australia, Indonesia, Thailand, Malaysia and Vietnam are major players in the market. European countries like Germany Italy have found a strong position in the global food caramel colorant market.
Latest Industry News
Food caramel Colorant is approved by global regulatory bodies like WHO, FDA, JECFA etc. class 3 caramel colorants are used more across the globe so the regulatory bodies have tested and released an acceptable daily intake specification for these food additives during their annual JECFA meeting. Based on these prescribed ADI values, several small scale market players have emerged as successful manufacturers of food caramel colorants and are diversifying the sales market around the globe.
The study objectives of this report are:
To study and analyze the global Food Caramel Colorant market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Food Caramel Colorant market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Food Caramel Colorant companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Food Caramel Colorant submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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Table of Contents
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
6 North America
7 Europe
8 Asia Pacific
9 Central & South America
10 Middle East and Africa
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
16 Appendix
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