Flavored Syrups Market - Trends Forecast (2022-2028)

Flavored Syrups Market – Trends Forecast (2022-2028)

The Flavored Syrups Market size is projected to reach a CAGR of 8.9% from 2022 to 2028.

The flavored syrup is a spicy or semi-spicy liquid produced using natural or artificial flavoring ingredients mixed with sugar to obtain a concentrate. It is generally used for sweetening and enhancing taste. The flavored syrup is also available in low-calorie formulations for health-conscious consumers. Based on the flavor type, they are classified into Savory, Sour, Sweet, Salty, Mint, and Others. Various flavors available in Flavored Syrups are Herbs & Seasonings, Fruit, Vanilla, Chocolate, Coffee, and Others. They are used in applications such as Confectionery, Bakery, Beverage, Dairy & Frozen Products, and Others

The increasing demand for processed foods, rising consumption of dairy products, and the growing application of Flavored Syrups in bakery & confectionery products are some of the factors that have supported long-term expansion for Flavored Syrups Market.

North America is projected to be the largest regional share of the Flavored Syrups Market during the forecast period.

Flavored Syrups Market is segmented into flavor, application, flavor type, product type and region.

On the basis of Flavor

• Fruit
• Chocolate
• Vanilla
• Coffee
• Herbs & Seasonings

On the basis of Application 

• Beverages
• Diary & Frozen Desserts
• Confectionery
• Bakery

On the basis of Flavor Type

• Sweet
• Salty
• Sour
• Savory
• Mint

On the basis Product Type

• Natural
• Synthetic

On the basis of Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa

Insights are provided for each region and major countries within the regions

 

Key Players

• Monin Inc.
• Sensient Technologies
• The Hershey Company
• Tate & Lyle
• Kerry Group
• Fuerst Day Lawson
• Toschi Vignola
• R. Torre & Company
• Concord Foods
• Sensory Effects
• NutriFood
• Mitr Phol Group

Recent Developments

• October 13, 2020-Hershey’s launches Hershey’s Exotic Dark; strengthens premium chocolate portfolio. Brookside chocolates will be rebranded as Hershey’s Exotic Dark. It will be available through modern trade, large general trade and e-commerce channels and will be priced at Rs 55 and 155 for 33.3g and 100g pack.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Flavored Syrups Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature	Descriptions
Growth Rate	CAGR of 8.9% during the forecasting period, 2022-2028
Historical Data	2019-2020
Forecast Years	2022-2028
Base Year	2021
Units Considered	Revenue in USD billion and CAGR from 2022 to 2028
Report Segmentation	flavor, application, flavor type, product type and region.
Report Attribute	Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling
Regional Level Scope	North America, Europe, Asia-Pacific, South America, and Middle East and Africa
Country Level Scope	U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)
Companies Profiled	Monin Inc., Sensient Technologies, The Hershey Company, Tate & Lyle, Kerry Group, Fuerst Day Lawson, Toschi Vignola, R. Torre & Company, Concord Foods, Sensory Effects, NutriFood, and Mitr Phol Group
Available Customization	In addition to the market data for Flavoured Syrups Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.