Flavored Syrup Market

Global Flavored Syrup Market, By Flavor (Chocolate, Strawberry, Coffee, Vanilla, Herb and Seasoning, Maple, Palm, Fruit, and Mint), By Application (Dairy Product and Frozen Dessert, Confectionary and Bakery Products, and Food & Beverages), and, By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

PMI105819 | Food Ingredients

Jul 2019 | 178 | PDF

Flavored syrup consists of simple syrup that is sugar fully mixed with water and naturally occurring or artificial flavors dissolved in it. Sometimes sugar substitute may also be used. Flavored syrups may be used or mixed with the carbonated water, coffee, pancakeswafflesteacakeice cream, and other foods. Flavored syrup serves as an artificial sweetener along with a taste enhancer agent. Flavored syrups are also used in pharmaceutical compounding. Flavored syrup has distinctive fragrance and aromatic fragrance. Flavored syrups are easy to handle and ready to use.

Growing demand for flavored syrups by the food and beverage industry is expected to boost growth of the global flavored syrup market. Flavored syrup’s primary activities in food and beverage industry include the production of soft drink concentrates, beverage syrups in different flavors, an additive for frozen desserts topping for yogurt and flavored powder. Besides, the food and beverage industry being one of the drivers for flavored syrup market, consumers’ preferences for different flavored syrup in convenience foods are also expected to boost up the global flavored syrup market growth. Pharmaceutical industry too contributes to the growing demand for the global flavored syrup market, owing to its requirement of flavored syrup in medicines to make it flavorsome and appetizing. However, the major restraint faced by the global flavored syrup market is the presence of high sugar content used as an artificial sweetener. This is a major cause for health hazards such as high blood sugar, diabetes, and stomach upsets. Domestically produced corn syrup proves to be a major restraint for the global flavored syrup market.

Global flavored syrup market can be segmented on the basis of flavor, application and region. On the basis of flavor, the global flavor syrup market can be further classified into chocolate, strawberry, coffee, vanilla, Herb and seasoning, maple, palm, and mint. The demand for chocolate flavored syrup plays a major role in the growth of the global flavored syrup market owing to the increasing consumers’ taste preferences for chocolate flavor in their foods. On the basis of application, the global flavor syrup market can be further classified into dairy product and frozen dessert, confectionary and bakery products, and food & beverages.

On the basis of region, the global flavored syrup market can be further classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America has the largest market for the flavored syrup followed by Europe owing to high rate of production and intake of flavored syrup in these region. Asia pacific offers a potential opportunity for the flavored syrup market to grow during the forecast period.

Key players operating in the global flavored syrup market include Monin Inc., Sensient Technologies corporation, The Hershey Company, tate & Lyle PLC, Kerry Group PLC, Fuerst Day Lawson Limited, Toschi Vignola Srl, Torre & Co., Inc., Concord Foods Inc., Sensory Effects Flavor Comp.

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