Report Code: A16191 | Pages: NA | Jul 2023 | 1084 Views | ||
Author(s) : Roshan D | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Caramel Color Market
Request Now !Caramel color, often known as caramel coloring, is a kind of water-soluble food coloring. Caramelization is a process that involves heat treatment of carbohydrates (sugars) in the presence of acids, alkalis, or salts. It has a burnt sugar odor and a slightly bitter flavor and is more thoroughly oxidized than caramel candy. It comes in a variety of colors, from pale yellow to amber to dark brown. Caramel color is one of the oldest and most commonly used food colorants for enhancing natural colors, correcting natural color variations, and restoring color loss due to light degradation during food preparation and storage. The first documented instance of caramel color being produced and utilized on a large scale was in the brewing business in the nineteenth century. With the outbreak of the COVID-19 epidemic, the government imposed a severe lockdown, restricting residents' outside mobility. The demand for caramel color has decreased as a result of a temporary halt in operations in restaurants, cafés, bakeries, and bars since they had no present necessity.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
The increase in the price of caramel colors is hindering the growth of the market
Chocolates, cakes, desserts, beverages, and a range of other confectionery items are among the key products driving powdered caramel demand in the worldwide food and beverage sector. A rise in the cost of raw materials used to make caramel powder leads to an increase in the total cost of making caramel colors, which is likely to be a stumbling block to the expansion of the caramel color market the worldwide level.
Online retailing is gaining popularity
The major manufacturers of caramel ingredient and caramel color products from all around the world are selling their products through an online platform. Manufacturing companies offer heavy discounts on sales of a product, making it a profit-making deal for the buyers. Due to the ongoing pandemic, the business had partially shifted from traditional to online. Currently, the manufacturing companies are creating their website for sales or coming into partnership with e-commerce giants to sell their products. It is expected that in future, all the big players of the caramel ingredient & caramel color will shift their services online to boost their sales and reach more small & large scale businesses.
The caramel color industry is growing due to an increase in the use of caramel ingredients in bakeries and confectioneries
Along with increased consumer pleasure in baked items, the need for caramel ingredients is increasing. Smaller and bite-sized packaging, in addition to the simplicity of preparation, contributes to the convenience of bakery items. Many baked goods, such as cream-filled biscuits and cakes, are produced with organic caramel ingredients and colors, which not only enhance the tastiness of the items but also help to boost their overall appeal and sales.
Key Benefits of the Report
Questions Answered in the Caramel Color Market Research Report
Caramel Color Market Report Highlights
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Key Market Players | Company2, Company8, Company10, Company9, Company1, Company7, Company3, Company4, Company6, Company5 |
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