Caramel Ingredient Market Size Was Valued at USD 3.08 Billion in 2023 and is Projected to Reach USD 6.33 Billion by 2032, Growing at a CAGR of 8.34% From 2024-2032.
Caramel, defined as a coloring agent and an antioxidant, is used in several food products. It has been classified into 4 classes to satisfy the requirements of several food and beverage systems.