Keto Caramel Market: Industry Analysis and Opportunity and Forecast to 2027
Market Highlights The Global Keto Caramel Market is Estimated to be valued at USD 2,940.9 Million by 2025 and is Expected to Register a CAGR of 5.6% During the Forecast Period. The colors segment dominated the global Keto Caramel Market, by function, in 2017 and is projected to register a CAGR of 5.5% during the forecast period. The dominance of the segment can be attributed to the widespread consumption of caramel as a color ingredient in several non-alcoholic and alcoholic beverages, bakery products, confectioneries, frozen desserts, and sauces, among others. Caramel color is used globally in almost all food products; however, there are certain regulations imposed on the amount of caramel that can be used in food, which vary from country to country. Asia-Pacific dominated the market, accounting for the largest revenue share in 2017. The regional market is expected to register the highest CAGR of 5.9% during the review period. North America was the second...