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Caramel Market Research Report Information By Function (Colors, Toppings, Flavors, Fillings and Others), By Form (Solid, Semi-Solid and Liquid), By Application (Bakery, Dessert, Confectionery, Beverage, Dairy & Frozen Desserts, Snacks and Others), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032


ID: MRFR/F-B & N/1254-CR | 120 Pages | Author: Harshita Gorade| January 2019
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1 Executive Summary

1.1 Market Attractiveness Analysis 15

1.1.1 Global Caramel Market, by Function 15

1.1.2 Global Caramel Market, by Application 16

1.1.3 Global Caramel Market, by Form 17

1.1.4 Global Caramel Market, by Region 18

2 Market Introduction

2.1 Definition 19

2.2 Scope of the Study 19

2.3 Market Structure 19

2.4 Key Buying Criteria 20

3 Research Methodology

3.1 Research Process 21

3.2 Primary Research 22

3.3 Secondary Research 22

3.4 Market Size Estimation 23

3.5 Forecast Model 24

3.6 List of Assumptions 25

4 Market Dynamics

4.1 Introduction 26

4.2 Drivers 27

4.2.1 Growth of Application Industries 27

4.2.2 Functional Diversity of Caramel 28

4.2.3 Drivers Impact Analysis 28

4.3 Restraint 29

4.3.1 Increasing Awareness Regarding the Ill-Effects of Excessive Caramel Consumption 29

4.3.2 Restraints Impact Analysis 29

4.4 Opportunity 29

4.4.1 Increasing Demand for Natural and Organic Products 29

5 Market Factor Analysis

5.1 Supply Chain Analysis 30

5.2 Value Chain Analysis 31

5.2.1 Raw Material Procurement 32

5.2.2 Processing 32

5.2.3 Packaging 32

5.3 Porter’s Five Forces Analysis 33

5.3.1 Threat of New Entrants 33

5.3.2 Bargaining Power of Suppliers 34

5.3.3 Threat of Substitutes 34

5.3.4 Bargaining Power of Buyers 34

5.3.5 Rivalry 34

6 Caramel Market, by Function

6.1 Overview 35

6.2 Colors 36

6.2.1 Colors: Market Estimates & Forecast by Region, 2024-2032 36

6.3 Toppings 37

6.3.1 Toppings: Market Estimates & Forecast by Region, 2024-2032 37

6.4 Fillings 38

6.4.1 Fillings: Market Estimates & Forecast by Region, 2024-2032 38

6.5 Flavors 39

6.5.1 Flavors: Market Estimates & Forecast by Region, 2024-2032 39

6.6 Others 40

6.6.1 Others: Market Estimates & Forecast by Region, 2024-2032 40

7 Caramel Market, by Application

7.1 Overview 41

7.2 Bakery & Confectionery 42

7.2.1 Bakery & Confectionery: Market Estimates & Forecast by Region, 2024-2032 42

7.3 Beverages 43

7.3.1 Beverages: Market Estimates & Forecast by Region, 2024-2032 43

7.4 Dairy & Frozen Desserts 44

7.4.1 Dairy & Frozen Desserts: Market Estimates & Forecast by Region, 2024-2032 44

7.5 Snacks 45

7.5.1 Snacks: Market Estimates & Forecast by Region, 2024-2032 45

7.6 Others 46

7.6.1 Others: Market Estimates & Forecast by Region, 2024-2032 46

8 Caramel Market, by Form

8.1 Overview 47

8.2 Solid & Semi-Solid 48

8.2.1 Solid & Semi-Solid: Market Estimates & Forecast by Region, 2024-2032 48

8.3 Liquid 49

8.3.1 Liquid: Market Estimates & Forecast by Region, 2024-2032 49

9 Global Caramel Market, by Region

9.1 Overview 50

9.1.1 North America 51

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.1.2 US 53

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.1.3 Mexico 55

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.1.4 Canada 56

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2 Europe 58

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.1 Germany 60

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.2 Spain 62

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.3 France 63

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.4 UK 65

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.5 Russia 66

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.6 Italy 68

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.2.7 Rest of Europe 69

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.3 Asia-Pacific 71

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.3.1 China 74

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.3.2 India 75

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.3.3 Japan 77

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.3.4 Australia & New Zealand 78

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.3.5 Rest of Asia-Pacific 80

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.4 RoW 82

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.4.1 Middle East 84

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.4.2 South America 86

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

9.4.3 Africa 87

Caramel Market, by Function

Caramel Market, by Application

Caramel Market, by Form

10 Competitive Landscape

10.1 Competitive Overview 89

10.2 Competitive Benchmarking 90

10.3 Share of Recent Developments, by Manufacturer 91

10.4 Key Developments & Growth Strategies 91

10.4.1 Product Launches 91

10.4.2 Acquisitions 92

10.4.3 Joint Ventures 92

10.4.4 Agreements 93

10.4.5 Expansions 93

11 Company Profiles

11.1 Cargill, Incorporated 95

11.1.1 Company Overview 95

11.1.2 Financial Overview 95

11.1.3 Products Offered 96

11.1.4 Key Developments 96

11.1.5 SWOT Analysis 96

11.1.6 Key Strategies 97

11.2 Kerry Group PLC 98

11.2.1 Company Overview 98

11.2.2 Financial Overview 98

11.2.3 Products Offered 99

11.2.4 Key Developments 99

11.2.5 SWOT Analysis 99

11.2.6 Key Strategies 100

11.3 Bakels Worldwide 101

11.3.1 Company Overview 101

11.3.2 Financial Overview 101

11.3.3 Products Offered 101

11.3.4 Key Developments 101

11.3.5 SWOT Analysis 102

11.3.6 Key Strategies 102

11.4 Barry Callebaut AG 103

11.4.1 Company Overview 103

11.4.2 Financial Overview 103

11.4.3 Products Offered 104

11.4.4 Key Developments 104

11.4.5 SWOT Analysis 105

11.4.6 Key Strategies 105

11.5 Nigay SAS 106

11.5.1 Company Overview 106

11.5.2 Financial Overview 106

11.5.3 Products Offered 106

11.5.4 Key Developments 106

11.5.5 SWOT Analysis 107

11.5.6 Key Strategies 107

11.6 Sethness Products Company 108

11.6.1 Company Overview 108

11.6.2 Financial Overview 108

11.6.3 Products Offered 108

11.6.4 Key Developments 108

11.6.5 SWOT Analysis 109

11.6.6 Key Strategies 109

11.7 Metarom Group 110

11.7.1 Company Overview 110

11.7.2 Financial Overview 110

11.7.3 Products Offered 110

11.7.4 Key Developments 110

11.7.5 SWOT Analysis 111

11.7.6 Key Strategies 111

11.8 Puratos NV/SA 112

11.8.1 Company Overview 112

11.8.2 Financial Overview 112

11.8.3 Products Offered 112

11.8.4 Key Developments 112

11.8.5 SWOT Analysis 113

11.8.6 Key Strategies 114

11.9 Göteborgsfood Budapest Ltd 115

11.9.1 Company Overview 115

11.9.2 Financial Overview 115

11.9.3 Products Offered 115

11.9.4 Key Developments 115

11.9.5 SWOT Analysis 116

11.9.6 Key Strategies 116

11.10 Martin Braun Backmittel and Essences KG 117

11.10.1 Company Overview 117

11.10.2 Financial Overview 117

11.10.3 Products Offered 117

11.10.4 Key Developments 117

11.10.5 SWOT Analysis 118

11.10.6 Key Strategies 118

12 Appendix

12.1 References 119

12.2 Related Reports 119

13 List of Tables

TABLE 1 PRIMARY INTERVIEWS 22

TABLE 2 LIST OF ASSUMPTIONS 25

TABLE 3 COLORS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 36

TABLE 4 TOPPINGS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 37

TABLE 5 FILLINGS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 38

TABLE 6 FLAVORS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 39

TABLE 7 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 40

TABLE 8 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 42

TABLE 9 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 43

TABLE 10 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 44

TABLE 11 SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 45

TABLE 12 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 46

TABLE 13 SOLID & SEMI-SOLID: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 48

TABLE 14 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 49

TABLE 15 GLOBAL CARAMEL MARKET, BY REGION, 2024-2032 (USD MILLION) 50

TABLE 16 NORTH AMERICA: CARAMEL MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 51

TABLE 17 NORTH AMERICA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 52

TABLE 18 NORTH AMERICA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 52

TABLE 19 NORTH AMERICA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 53

TABLE 20 US: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 53

TABLE 21 US: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 54

TABLE 22 US: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 54

TABLE 23 MEXICO: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 55

TABLE 24 MEXICO: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 55

TABLE 25 MEXICO: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 56

TABLE 26 CANADA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 56

TABLE 27 CANADA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 57

TABLE 28 CANADA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 57

TABLE 29 EUROPE: CARAMEL MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 58

TABLE 30 EUROPE: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 59

TABLE 31 EUROPE: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 59

TABLE 32 EUROPE: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 60

TABLE 33 GERMANY: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 60

TABLE 34 GERMANY: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 61

TABLE 35 GERMANY: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 61

TABLE 36 SPAIN: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 62

TABLE 37 SPAIN: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 62

TABLE 38 SPAIN: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 63

TABLE 39 FRANCE: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 63

TABLE 40 FRANCE: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 64

TABLE 41 FRANCE: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 64

TABLE 42 UK: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 65

TABLE 43 UK: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 65

TABLE 44 UK: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 66

TABLE 45 RUSSIA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 66

TABLE 46 RUSSIA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 67

TABLE 47 RUSSIA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 67

TABLE 48 ITALY: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 68

TABLE 49 ITALY: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 68

TABLE 50 ITALY: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 69

TABLE 51 REST OF EUROPE: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 69

TABLE 52 REST OF EUROPE: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 70

TABLE 53 REST OF EUROPE: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 70

TABLE 54 ASIA-PACIFIC: CARAMEL MARKET, BY COUNTRY, 2024-2032 (USD MILLION) 72

TABLE 55 ASIA-PACIFIC: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 72

TABLE 56 ASIA-PACIFIC: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 73

TABLE 57 ASIA-PACIFIC: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 73

TABLE 58 CHINA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 74

TABLE 59 CHINA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 74

TABLE 60 CHINA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 75

TABLE 61 INDIA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 75

TABLE 62 INDIA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 76

TABLE 63 INDIA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 76

TABLE 64 JAPAN: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 77

TABLE 65 JAPAN: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 77

TABLE 66 JAPAN: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 78

TABLE 67 AUSTRALIA & NEW ZEALAND: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 78

TABLE 68 AUSTRALIA & NEW ZEALAND: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 79

TABLE 69 AUSTRALIA & NEW ZEALAND: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 79

TABLE 70 REST OF ASIA-PACIFIC: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 80

TABLE 71 REST OF ASIA-PACIFIC: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 80

TABLE 72 REST OF ASIA-PACIFIC: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 81

TABLE 73 ROW: CARAMEL MARKET, BY REGION, 2024-2032 (USD MILLION) 82

TABLE 74 ROW: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 83

TABLE 75 ROW: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 83

TABLE 76 ROW: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 84

TABLE 77 MIDDLE EAST: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 84

TABLE 78 MIDDLE EAST: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 85

TABLE 79 MIDDLE EAST: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 85

TABLE 80 SOUTH AMERICA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 86

TABLE 81 SOUTH AMERICA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 86

TABLE 82 SOUTH AMERICA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 87

TABLE 83 AFRICA: CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 87

TABLE 84 AFRICA: CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 88

TABLE 85 AFRICA: CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 88

TABLE 86 PRODUCT LAUNCHES 91

TABLE 87 ACQUISITIONS 92

TABLE 88 JOINT VENTURES 92

TABLE 89 AGREEMENTS 93

TABLE 90 EXPANSIONS 93

TABLE 91 CARGILL, INCORPORATED: PRODUCTS OFFERED 96

TABLE 92 CARGILL, INCORPORATED: KEY DEVELOPMENTS 96

TABLE 93 KERRY GROUP PLC: PRODUCTS OFFERED 99

TABLE 94 KERRY GROUP PLC: KEY DEVELOPMENTS 99

TABLE 95 BAKELS WORLDWIDE: PRODUCTS OFFERED 101

TABLE 96 BAKELS WORLDWIDE: KEY DEVELOPMENTS 101

TABLE 97 BARRY CALLEBAUT AG: PRODUCTS OFFERED 104

TABLE 98 BARRY CALLEBAUT AG: KEY DEVELOPMENTS 104

TABLE 99 NIGAY SAS: PRODUCTS OFFERED 106

TABLE 100 NIGAY SAS: KEY DEVELOPMENTS 106

TABLE 101 SETHNESS PRODUCTS COMPANY: PRODUCTS OFFERED 108

TABLE 102 SETHNESS PRODUCTS COMPANY: KEY DEVELOPMENTS 108

TABLE 103 METAROM GROUP: PRODUCTS OFFERED 110

TABLE 104 METAROM GROUP: KEY DEVELOPMENTS 110

TABLE 105 PURATOS NV/SA: PRODUCTS OFFERED 112

TABLE 106 PURATOS NV/SA: KEY DEVELOPMENTS 112

TABLE 107 GÖTEBORGSFOOD BUDAPEST LTD: PRODUCTS OFFERED 115

TABLE 108 MARTIN BRAUN BACKMITTEL AND ESSENCES KG: PRODUCTS OFFERED 117

TABLE 109 MARTIN BRAUN BACKMITTEL AND ESSENCES KG: KEY DEVELOPMENTS 117

14 List of Figures

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 GLOBAL CARAMEL MARKET: MARKET ATTRACTIVENESS ANALYSIS 15

FIGURE 3 GLOBAL CARAMEL MARKET ANALYSIS, BY FUNCTION 15

FIGURE 4 GLOBAL CARAMEL MARKET ANALYSIS, BY APPLICATION 16

FIGURE 5 GLOBAL CARAMEL MARKET ANALYSIS, BY FORM 17

FIGURE 6 GLOBAL CARAMEL MARKET ANALYSIS, BY REGION 18

FIGURE 7 GLOBAL CARAMEL MARKET: MARKET STRUCTURE 19

FIGURE 8 KEY BUYING CRITERIA OF CARAMEL 20

FIGURE 9 RESEARCH PROCESS 21

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES 24

FIGURE 11 MARKET DYNAMICS OVERVIEW 26

FIGURE 12 GLOBAL TOP TEN BAKERY PRODUCTS MARKETS, 2015 27

FIGURE 13 DRIVERS IMPACT ANALYSIS: GLOBAL CARAMEL MARKET 28

FIGURE 14 RESTRAINTS IMPACT ANALYSIS: GLOBAL CARAMEL MARKET 29

FIGURE 15 GLOBAL CARAMEL MARKET: SUPPLY CHAIN ANALYSIS 30

FIGURE 16 GLOBAL CARAMEL MARKET: VALUE CHAIN 31

FIGURE 17 GLOBAL CARAMEL MARKET: PORTER'S FIVE FORCES ANALYSIS 33

FIGURE 18 GLOBAL CARAMEL MARKET, BY FUNCTION, 2022 (% SHARE) 35

FIGURE 19 GLOBAL CARAMEL MARKET, BY FUNCTION, 2024-2032 (USD MILLION) 35

FIGURE 20 GLOBAL CARAMEL MARKET, BY APPLICATION, 2022 (% SHARE) 41

FIGURE 21 GLOBAL CARAMEL MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 41

FIGURE 22 GLOBAL CARAMEL MARKET, BY FORM, 2022 (% SHARE) 47

FIGURE 23 GLOBAL CARAMEL MARKET, BY FORM, 2024-2032 (USD MILLION) 47

FIGURE 24 GLOBAL CARAMEL MARKET, BY REGION, 2024-2032 (USD MILLION) 50

FIGURE 25 NORTH AMERICA: CARAMEL MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 51

FIGURE 26 EUROPE: CARAMEL MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 58

FIGURE 27 ASIA-PACIFIC: CARAMEL MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 71

FIGURE 28 ROW: CARAMEL MARKET SHARE, BY REGION, 2022 (% SHARE) 82

FIGURE 29 BENCHMARKING OF MAJOR COMPETITORS 90

FIGURE 30 RECENT DEVELOPMENTS BY MAJOR MANUFACTURERS, 2024-2032 91

FIGURE 31 CARGILL, INCORPORATED: FINANCIAL OVERVIEW SNAPSHOT 95

FIGURE 32 CARGILL, INCORPORATED: SWOT ANALYSIS 96

FIGURE 33 KERRY GROUP PLC: FINANCIAL OVERVIEW SNAPSHOT 98

FIGURE 34 KERRY GROUP PLC: SWOT ANALYSIS 99

FIGURE 35 BAKELS WORLDWIDE: SWOT ANALYSIS 102

FIGURE 36 BARRY CALLEBAUT AG: FINANCIAL OVERVIEW SNAPSHOT 103

FIGURE 37 BARRY CALLEBAUT AG: SWOT ANALYSIS 105

FIGURE 38 NIGAY SAS: SWOT ANALYSIS 107

FIGURE 39 SETHNESS PRODUCTS COMPANY: SWOT ANALYSIS 109

FIGURE 40 METAROM GROUP: SWOT ANALYSIS 111

FIGURE 41 PURATOS NV/SA: SWOT ANALYSIS 113

FIGURE 42 GÖTEBORGSFOOD BUDAPEST LTD: SWOT ANALYSIS 116

FIGURE 43 MARTIN BRAUN BACKMITTEL AND ESSENCES KG: SWOT ANALYSIS 118

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