Middle East & Africa Caramel Ingredients Market Size & Outlook
Middle East & Africa caramel ingredients market, 2015-2025 (US$M)
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MEA caramel ingredients market highlights
- The MEA caramel ingredients market generated a revenue of USD 358.5 million in 2018.
- The market is expected to grow at a CAGR of 7.2% from 2019 to 2025.
- In terms of segment, liquid was the largest revenue generating form in 2018.
- Granulated is the most lucrative form segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2019 to 2025.
MEA data book summary
| Market revenue in 2018 | USD 358.5 million |
| Market revenue in 2025 | USD 585.1 million |
| Growth rate | 7.2% (CAGR from 2018 to 2025) |
| Largest segment | Liquid |
| Fastest growing segment | Granulated |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid, Granulated, Liquid |
| Key market players worldwide | Cargill, Nestle SA, Mars Group Holdings Corp, Kerry Group PLC Class A, Ferrero, Sensient Technologies Corp, Goetze's Candy Company, Frito Lay, DDW The Color House, Sethness Roquette, Alvin Caramel Colours (India), METAROM Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 14.6% of the global caramel ingredients market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 825.7 million by 2025.
Key Regions: U.S. , Brazil , South Africa , Switzerland , Belgium
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Caramel Ingredients Market Scope
Caramel Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa caramel ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to caramel ingredients market will help companies and investors design strategic landscapes.
Liquid was the largest segment with a revenue share of 45.33% in 2018. Horizon Databook has segmented the Middle East & Africa caramel ingredients market based on solid, granulated, liquid covering the revenue growth of each sub-segment from 2015 to 2025.
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Target buyers of Middle East & Africa caramel ingredients market databook
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Our clientele includes a mix of caramel ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa caramel ingredients market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa caramel ingredients market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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MEA caramel ingredients market size, by country, 2015-2025 (US$M)
Middle East & Africa Caramel Ingredients Market Outlook Share, 2018 & 2025 (US$M)
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