Europe powder caramel market was valued at US $ XX Mn and expected to grow at 6.36% Compound Annual Growth Rate (CAGR) from 2022 to 2028. Caramel is the confectionary products produced by heating of sugar with water. Caramel contains the unique sweet taste and appears in brown colour. Caramel is available in solid, liquid, granular, and powder. It is widely used as flavoring, toping, and filling in food and beverage products. Moreover, it is also used in the creams, candy, nuts, marshmallows, cookies, and desserts among others. In addition,Â market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities).
Fastest Growing Market
Increase in the production and consumption of powder caramel in the Europe countries is a key factor drive the Europe powder caramel market. Moreover, wide range of applications of powder caramel in food and beverages segment, change in lifestyle, rise in disposable income, and increase in the usage of powder caramel for topping on bakery products are anticipated to surge the Europe powder caramel market over the forecast years. However, increase in the prevalence of diabetes and obese population avoiding the caramel due to high content of sugar, rise in price of raw material, and decrease in the confectioneries usage due to adoption of healthy lifestyle are restrain the growth of Europe powder caramel market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.