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Caramel is a confectionery product obtained by heating sugar. It has a medium to dark orange color and is used as an agent for flavoring, topping coloring, decoration, and glazing in various food and beverage applications, such as bakery and confectionery, beverages, snacks, dairy, and frozen desserts, and pet food. The growth of the global caramel market is driven by the growing applications and the functional diversity of caramel. Caramel, as an ingredient, is widely used in bakery and confectionery, beverages, dairy and frozen desserts, convenience foods, pet food, snacks, and other applications.

The rise in the number of applications primarily fuels the growth of the global caramel market. An increase in demand for bakery and confectionery products, beverages, dairy products, frozen desserts, and pet food, boosts the consumption of caramel in the above-mentioned industries, adding to the market growth. However, the rising awareness regarding the ill-effects of excessive caramel consumption hampers the market growth. The increase in demand for natural and organic products, especially in Europe and North America open the avenues for the sale of natural ingredients such as caramel. Therefore, the rising demand for natural and organic products is an opportunity for the market players.

Regional Analysis:

The global caramel market is segmented into North America, Europe, Asia-Pacific, and RoW. Asia-Pacific is estimated to retain its dominance throughout the forecast period of 2018-2025. The region is estimated to reach USD 1,027.6 million by the end of 2025 with the highest CAGR of 5.9%. China is one of the leading markets in the region, accounting for the largest market share, during the review period. There is an increase in demand for various new and innovative food & beverage products due to urbanization and the rising per capita disposable income. In addition to that, manufacturers are investing in research and development to introduce innovative products for meeting the demand in the region.

Segments:

On the basis of function, the global caramel the market has been segmented into colors, toppings, fillings, flavors, and others. The colors segment held the largest revenue share of 31.25% in 2017. However, the toppings segment is projected to witness the highest CAGR of 5.8% during the review period.

On the basis of application, the global caramel market has been segmented into bakery & confectionery, beverages, dairy & frozen desserts, snacks, and others. The snacks segment is expected to register the highest CAGR of 6.0% during the forecast period 2018-2025.

On the basis of form, the global caramel market has been segmented into solid & semi-solid and liquid. The liquid segment held a larger revenue share in 2017.

Key Players:

Some of the leading market players in the global caramel market are Cargill, Incorporated (US), Kerry Group PLC (Ireland), Bakels Worldwide (Switzerland), Barry Callebaut AG (Switzerland), Nigay SAS (France), Sethness Products Company (US), Metarom Group (France), Puratos NV/SA (Belgium), Goteborgsfood Budapest Ltd (Hungary), and Martin Braun Backmittel and Essences KG (Germany).

Target Audience:

Food & beverages manufacturers

Caramel manufacturers

Raw material suppliers

Retailers and wholesalers

E-commerce companies

Traders, importers, and exporters

Key Findings:

Among functions, the colors segment is expected to account for the major market proportion during the forecast period. However, the toppings segment is projected to exhibit the highest CAGR of 5.8% during the period.

Among applications, the bakery & the confectionery segment held the largest revenue share with 34.36% in 2017. However, the snacks segment is expected to register the highest CAGR of 6.0% during the forecast period.

Regional and Country Analysis of Caramel Market Development and Demand Forecast to 2025:

As per the MRFR analysis, the Asia-Pacific caramel market is estimated to reach USD 1,027.6 million by 2025 and register a CAGR of 5.9% during the forecast period 2018-2025.

The reports also cover country-level analysis:

North America

US

Canada

Mexico

Europe

Germany

Spain

France

UK

Russia

Italy

Rest of Europe

Asia-Pacific

China

India

Japan

Australia & New Zealand

Rest of Asia-Pacific

Rest of the World

Middle East

South America

Africa

To Know More, Click On The Link Below:-

Global Caramel Industry Research Report

Related Report:-

Global Caramel Color Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Caramel Ingredients Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

The research market in Nigeria, logistics is critical for the economic performance of any region. Nigeria has deprived infrastructure and the logistical issues along with the deferred custom processes and the congestion on the roads. It is an import-based region and the region is dependent on the export of crude oil. Based on the market research firms in Nigeria, Nigeria was positioned 145 out of 190 regions in 2018 inconvenient of doing business index and ranks 112 in the Logistics Performance Index (2018). The effective growth in Nigeria logistics market has been owing to the infrastructural advancements in the Railways and Airways, advancement in foreign ties with several other regions and the effective growth in the e-commerce segment.

Nonetheless, based on the research market firms, the African logistics market has seen a sturdy growth between 2013 and 2018 registering to a single-digit CAGR during this duration. The mainland is greatly rich with the natural foundations and growth in the mining of coal has supported the market increase. The foremost exporting partners involve China, the United States, and Japan. Moreover, the infrastructure has been problematic for Africa and China has supported enormously to curb the concern. China has made a number of investments to advance to roads, ports, and railways which was assisted in the growth of the market. The freight forwarding market underwrites the major towards the entire logistics market of Africa.

Although, the market research firms in Nigeria, states the Nigeria warehousing market was calculated to increase the speedily during the duration of 2013-2018. The growth was majorly owing to the growth in the international trade capacity, the market entry of the international companies, positive increment in the e-commerce market and building the fresh producing units and industries in Nigeria in order to generate the region self-reliant. Furthermore, the sustained efforts have been taken by the government along with the Chinese legal authorities for advancing the free trade zone locations and industrial parks in the region. The foremost speculation by the foreign corporation has influenced the entire warehousing market in the region.

The food and beverage industry has been registering the end-user sector owing to the growing trade of the food products with the Asian and European regions and effective growth in the middle-class populace in the region. Nigeria has set up Automotive Industry Development Plan to set up more automation industries in Nigeria. The e-commerce segment has been advancing in the region and fascinating the numerous consumers. The emergence of the supermarkets and several other stores are even underwriting the increasing retail market in the region. The Nigerian legal authorities and private corporations are underwriters for effectively augment in the requirement of the cold storages for the agricultural and pharmaceutical drugs and medicines.

Furthermore, it is predicted that in the near years, the market research firms in Nigeria will increase around the globe over the upcoming years more actively.

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Electronics manufacturing service (EMS) is a form of engineering & manufacturing outsourcing services that offer a wide range of core manufacturing capabilities. It is generally used for companies that provide a contribution in test, design, manufacture, and distribute. It includes return or repair services for electronic components and assemblies for original equipment manufacturers (OEMs).

According to the study, “Global Electronics Manufacturing Services Market Size study, by Type (Electronics Manufacturing, Engineering Services, Test Development & Implementation), By Application (Computer, Communication, Consumer, Industrial, Others) and Regional Forecasts 2018-2025” the key companies operating in the global electronics manufacturing services market are Delta Group Electronics Inc., Celestica Inc., Flextronics International, Compal Electronics Inc., Hon Hai Precision Industry Co. Ltd., Fabrinet, Plexus Corporation, Flexcom Inc., Kimball Electronics Inc., KeyTronicEMS, TPV Technology Limited, 3CEMS, ALL CIRCUITS, Accton, AmTRAN, Ducommun, Pan-International, Season Group, Katek, Selcom, Shenzhen Kaifa, Leesys, Shenzhen Zowee, Lite-On, SMT Technologies, Qisda, SigmaTron, Sanmina, Mack Technologies, Scanfil, Topscom, TQ-Systems, UMC, SIIX, Creation, Suzhou Etron, SMTC, Connect, Valuetronics, Sumitronics, Orbit One, Fideltronik, SVI, Venture, USI, ATA IMS Berhad, BMK, Bitron Electronics, Sparton Corporation, TT Electronics Plc. The key players in developing economies are providing low-cost, outsourced services to the production & designing sectors to enhance their competitiveness. Furthermore, players are striving to gain a competitive benefit by engaging in mergers & acquisitions.

Based on type, electronics the manufacturing services market is segmented into electronics manufacturing, test development & implementation, electronic design &engineering services, logistics services and others (supply chain management services and rework services). Electronic design & engineering services segment is expected to witness fastest growth rate owing to surge in the inclination of OEMs toward outsourcing the designing requirements during the forecast period. In addition, based on application, market is segmented into the computer, industrial, consumer, communications and others.

The electronics the manufacturing services market is driven by an increase in demand for the Internet of Things (IoT) market, followed by rapid technological advancements, rise in demand for consumer electronics, increase in demand for smart devices, rise in numbers of end-users, increase in energy-efficient electronics, rise in use of electronic components in industries, for instance, medical devices, aerospace, and telecommunications and growth in advanced skill & focus on core competencies. However, the volatility of demand and violation of the intellectual property rights may impact the market. Moreover, growth in demand from The downstream industry is a key opportunity for the market.

Based on geography, the Asian-Pacific is the dominant region in the electronics manufacturing services market owing to growth in the automotive sector, rise in availability of raw materials and low-cost labor in the region. The European and North-American regions are estimated to grow at higher growth due to the rise in the industrial sector and an increase in medical institutes over the forecast period. It is predicted that the future of the market will be bright as a result of the rise in investments in research & development (R&D) activities during the forecast period.

To Know More, Click On The Link Below:-

Global Electronics Manufacturing Services Market

Related Reports:-

Electronics Manufacturing Services (EMS) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Electronics manufacturing services (EMS) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249