As per our analysis report, Europe Caramel Colour Market is expected to reach USD 0.17 billion by 2029 from USD 0.16 billion in 2024, growing at a compound annual growth rate (CAGR) of 0.9% during the forecast period.
Caramel color is a water-soluble food coloring made up of a process called caramelization. Caramelization is the process of heat treatment of carbohydrates in the presence of alkalis, acids, or salts. It is added to many soft drinks and some foods like confectionary to turn them brown, which may sound harmless, even appetizing. Caramel color is more fully oxidized than candy and has an odor of burnt sugar and a bitter taste. Caramel color is the most widely used food color and it is used in many foods and beverages, including syrups like brown bread, beer, batters, cookies, cough drops, buns, chocolates, spirits, rum, whisky, and brandy. It is also used in chocolate-flavored confectionery and coatings like potato chips, dessert mixes, doughnuts, custards, fruit preserves, glucose tablets, ice cream, pickles, sauces, and dressings. Globally it is more used in soft drinks especially colas, vinegar, and sweets. It is approved worldwide but regulations vary by country. People's preference towards appearance and color above all other factors, increasing demand from food and beverage industries, improved the appeal of hundreds of different foods, including baked goods, soft drinks, and even alcoholic beverages, increase in disposable income and technological advancements are driving the Europe caramel color market. However, the increased cost of caramel and acts as an allergic agent which may hamper the growth of the market.
In Europe, Germany leads the market, followed by France and U.K. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness and favourable reimbursement policies.
AIPU Food Industry Co., Ltd., Sethness Caramel Colour, DDW The Colour House, Asahi Group Foods, Ltd., Three-A Resources Bhd., KF Specialty Ingredients, Guangzhou Shuangqiao Co., Ltd., Philippine Aminosan Corporation, Alliance Organics are some of the notable companies in the Europe Caramel Colour market.
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