Flavored Syrups Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth - Global Forecast 2021 - 2026

 

Flavoured Syrups Market Overview

The Flavoured Syrups Market size is estimated to reach $52.9 Billion by 2025, growing at a CAGR of 4.12% during the forecast period 2020-2025. The Syrups are defined as the dense blend of water and sugar, which adds sweetness and taste to foods such as fruit, chocolate, coffee, and vanilla flavored, among others. Increasing popularity of the varieties of flavors in food products and rising disposable income are some of the factors driving market growth during the forecast period 2020-2025.


Flavoured Syrups Market Report Coverage

The report: “Flavoured Syrups Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Flavoured Syrups Market. 
By Flavour Type: Chocolate, Vanilla, Maple, Coffee, Fruits, Herbs and Species, and others.
By Application Type: Confectionary and Bakery Products, Dairy and Frozen Desserts, Beverages, and among others.
By Geography: North America, Asia-Pacific, Europe, and Rest of the World.


Key Takeaways

  • Geographically, The North America region held the highest market share in 2019. This is owing to Economic Developments and changing food consumption pattern in the region.
  • The factors such as High demand for food additives and flavours from these regions influencing the high production volume of flavoured syrups lead to growth of the market during the forecast period 2020-2025. 
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Flavoured Syrups Market.


Flavoured Syrups Market Segment Analysis - By Flavour Type

Based on Flavour Type, Flavoured Syrups Market is segmented into Chocolate, Vanilla, Maple, Coffee, Fruits, Herbs and Species, and others. The fruit flavour segment holds the largest share in terms of revenue in 2019. This is owing to rise in demand for fruit-flavored drinks are set to provide lucrative growth opportunities for the beverage flavors formulators in the region. The Chocolate flavour segment is set to be the fastest-growing CAGR 4.98% during the forecast period 2020-2025. This is owing to the growing demand for chocolate flavoured syrups for cold beverages and confectionary products in the food and beverages industry.

Flavoured Syrups Market Segment Analysis - By Application Type

Based on Application type, Flavoured Syrups Market is segmented into Confectionery and Bakery Products, Dairy and Frozen desserts, Beverages, and among others. The beverages segment held the largest share in 2019. This is owing to increasing trend of using cold and hot beverages such as iced tea, coffee, mochas, flavored sodas and customized cocktails and mocktails at foodservice outlets all over the world. However, The Bakery and confectionary segment is set to be the fastest-growing CAGR during the forecast period 2020-2025. This is owing to increasing consumer preferences for products such as bread, cakes pies, rolls, pastries, cookies, crackers, and pretzels and is set to fuel the segment growth during the forecast period 2020-2025.


Flavoured Syrups Market Segment Analysis - By Geography

Based on Geography, The Flavoured Syrups Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America region dominated the Flavoured Syrups Market in 2019 with a share of 33.1%. This is owing to increased consumption of convenience foods, dairy and frozen dessert products in the region. However Asia Pacific is set to be the fastest growing CAGR during the forecast period 2020-2025. This is owing to the increasing number of restaurants, increasing economic standards, and large scale consumption of dairy products, and ice creams in Asia Pacific region.
Location: United States

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