Global Caramel Market Projected to Register a Significant Growth Rate over 8.5% CAGR from 2016 to 2022
Market Highlights
Globally, there has been increase in demand for caramel due to its versatility in applications. Its end use markets have widened up in confectionery to bakery foods and beverages due to its unique taste and appealing brown color. In-addition its preference has even extended from the traditional usage in food and beverage industries to newer applications in pharmaceutical and personal care products. Hence, Global Caramel Market is expected to grow at CAGR over 8.5% post the year 2022.
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