North America followed by the Europe led the market due to the growing awareness and advancements in technology
Hyderabad, India -- (SBWIRE) -- 02/23/2018 -- Caramel is a confectionary delight that is formed by heating a variety of sugars with or without acids or alkalis and offered in form of liquid, solid, granular and pulverized form. Liquid Caramel is a high-quality caramel that's used as a topping or center in frozen dessert products, bakery items and snacks or colorant in beverages. Caramel color has good microbiological stability thanks to its high processing temperatures. The microbiological stability in Caramel will not support microorganism's growth in its undiluted form. Caramel colors are considered to be the foremost economical alternative compared to different natural or artificial food colors. Carmel color is one amongst the foremost versatile and widely utilized in foods and beverages.
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Natural color innovations and new sources of natural colors are the key factors influencing the expansion of liquid caramel market. Moreover, liquid caramel is becoming more and more necessary in food and beverage industry because of its stability and functionality of color. People preference towards look and color especially before other factors, increasing demand from food and beverage industries, improved attractiveness of many completely different foods, including baked goods, soft drinks, and even alcoholic beverages, the rise in disposable incomes and technological advancements are driving the world caramel color market.
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The augmented use of caramel colorants segment in Liquid Carmel market has led to their significant market share among Caramel Color market products. This growth is attributed to factors such as great stability of Liquid Caramel colorant and can 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.
The market is segmented into bakery goods, soy sauces & seasonings, alcoholic beverages, soft drinks and others based on application. The market share based on application is led by bakery goods & beverages industry and is expected to grow at a very high rate.
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As of now, North America is accounted for the largest share of global Caramel Colour market, followed by Europe and the Asia Pacific. Asia Pacific with its growing population and increasing disposable incomes are likely to experience high growth rate led by China & India.
The major market contributors for the global Caramel Colour market are AIPU Food Industry Co., Ltd., Sethness Caramel Colour, DDW The Colour House, Asahi Group Foods, Ltd., FELIX KOCH OFFENBACH Couleur und Caramel GmbH, Three-A Resources Bhd., KF Specialty Ingredients, Guangzhou Shuangqiao Co., Ltd., Philippine Aminosan Corporation and Alliance Organics.
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