Asia-Pacific Caramel Colour Market was worth USD xx billion in 2018 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2023. Caramel colour is a water-soluble food colouring 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 colour is more fully oxidized than candy, and has an odour of burnt sugar and a bitter taste.
Caramel colour is the most widely used food colour and it is used in many foods and beverages, syrups like brown bread, beer, batters, cookies, cough drops, buns, chocolates, spirits, rum, whisky and brandy. It is also used in chocolate-flavoured 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 preference towards appearance and colour 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 Asia-Pacific caramel colour market. However, increased cost of caramel and it acts as an allergic agent which may hamper the growth of the market.
The Asia-Pacific Caramel Colour Market is segmented on the basis of type, application and region. Caramel colour is segmented into four classes differing by the reactants used in their manufacture. They are class I caramel colour, class II caramel colour, class III caramel colour and class IV caramel colour. Depending on their application, the market is segmented into bakery goods, soy sauces & seasonings, alcoholic beverages, soft drinks and others. The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia Pacific region is projected to grow the highest during the forecast period due to various factors such as presence of untapped opportunities, increase in per capita income and emerging economies.
Some of the key players dominating the Asia-Pacific Caramel Colour 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Class I Caramel Colour
5.1.3 Class II Caramel Colour
5.1.4 Class III Caramel Colour
5.1.5 Class IV Caramel Colour
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Bakery Goods
5.2.3 Soy Sauces & Seasonings
5.2.4 Alcoholic Beverages
5.2.5 Soft Drinks
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By Application
5.2.8 Market Attractiveness Analysis, By Application
5.2.9 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 AIPU Food Industry Co., Ltd.,
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Sethness Caramel Colour
8.3 DDW The Colour House
8.4 Asahi Group Foods, Ltd.,
8.5 FELIX KOCH OFFENBACH Couleur und Caramel GmbH
8.6 Three-A Resources Bhd.,
8.7 KF Specialty Ingredients
8.8 Guangzhou Shuangqiao Co., Ltd.,
8.9 Philippine Aminosan Corporation
8.10 Alliance Organics
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
