The global flavored syrups market is anticipated to grow at a CAGR of 4.8% during the forecast period. Flavored syrups market is expected to grow during forecast period, due to increase in demand for many different flavors in food products to enhace the taste. Dairy products are consumed at high level which leads to increase in demand of flavoured syrups. Consumption of dairy products includes milkshakes, whipped cream, yogurts, and smoothies, which has been added with flavoured syrups. Several dairy companies are providing various artificial flavor based dairy products. For instance, in July 2021, PParle Agro entered into dairy segment with the launch of flavored milk under the brand name of Smoodh. The diversification is backed by an in-depth research and extensive investment in modern and innovative technologies to build a robust dairy infrastructure and introduce novel products.
Impact of COVID-19 Pandemic on Global Flavored Syrups Market
Due to COVID-19 pandemic the demand for flavored syrups have been slightly decreased. Post-pandemic period, the people are getting more awared and conscious about their health and starts avoiding flavored syrups based products. As the flavored syrups contains high sugar which can cause various diseases such as diabetes, obesity, and blood pressure among others. As a result of which, the existing market players introduced organic syrups in the market. For instance, in November 2020, Ingredion EMEA launched Stablesweet LD low sugar glucose syrup made from corn. Additionally, RxSugar Organic Chocolate Syrup won award for Best New Product in 2021. RxSugar Organic Chocolate Syrup is a plant-based syrup with zero calories, zero carbs and zero blood sugar impact.
Segmental Outlook
The global flavored syrups market is segmented based on the flavor, flavor type, and application. Based on the flavor, the market is segmented into fruit, chocolate, vanilla, coffee, maple, and other flavors which includes herbs & seasoning. Based on the flavor type, the market is sub-segmented into sweet, salty, savory, and sour. Based on application, the market is sub-segmented into beverages, dairy & frozen desserts, and bakery products. The above mentioned segments can be customized as per the requirements.
Global Flavored Syrups Market Share by Flavor, 2020 (%)
The Fruit Flavored Syrups Segment Holds the Prominent Share in the Global Flavored Syrups Market
The fruit flavoured syrups are mostly consumed and preferred by the people, in drinks to add the natural fruit taste and sweetness. In addition, the people are also experimenting in their taste and ready to try different fruit flavours due to which manufacturers are also focusing on introducing new fruit flavor syrups such as lime-ginger, lime mint, and raspberry mint to the market. For instance, Davinci Gourmet launched fruit mix and lemonade syrups in 2018. DaVinci Gourmet’s Lemonade Flavoured Base Syrup is perfect combination of sweet and sour flavours with the natural texture of Fruit Mixes. Additionally, in February 2021, Monin has announced that Strawberry Rose is the 2021 Flavor of the Year. Monin Strawberry Rose Syrup is made with candied strawberry and soft rose which is free from artificial flavors, colors, preservatives and sweeteners.
Regional Outlooks
The global flavored syrups market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement.
Global Flavored Syrups Market Growth, by Region 2021-2027
The North America Region is Anticipated to Cater Prominent Market Share of the Global Flavored Syrups Market
Among the region, the North America falvored syrups market is expectd to cater prominent market share over the forecast period (2021-2027). Due to the rapidly rising demand of flavoured syrups among the population of the countries including the US and Canada. The consumers are pushing themselves to adopt flavored syrup in their regular meals such as cereals, snacks, sweets, and beverages. Thus, manufacturers are releasing variety of flavors mixes which can be used with any ind of beverages. For instance, in June 2021, Torani introduced three new flavors to its existing portfolio including Puremade chocolate hazelnut sauce, Puremade mangonada syrup, and Puremade black sugar syrup. These products provides amazing flavor with clean ingredients and no GMOs. The flavored mixes offers chocolatey and nutty finish to drinks and treats without artificial ingredients, flavors, or preservatives. It also has the extra benefit of being nut allergen-free due to a complex process to remove the natural nut allergen.
Market Players Outlook
The major companies serving the global flavored syrups market include Monin India Private Ltd., Torani, The Hershey Company, Birch Benders, Lakanto, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2021, Nickel Dime Cocktail Syrups has intoduced four new flavored cocktail syrups in the market made from natural ingredients. The flavors include caged heat cocktail syrup, made from tamarind, cardamom and ghost pepper. fairy dust cocktail syrup, made from fennel, anise and wormwood. cherry bomb cocktail syrup, made from cherry, coffee and cacao. crimson smoke cocktail syrup,made from smoked tea, cranberry and honey.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global flavored syrups market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Flavored Syrups Market
• Recovery Scenario of Global Flavored Syrups Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Flavored Syrups Market by Flavor
4.1.1. Fruit
4.1.2. Chocolate
4.1.3. Vanilla
4.1.4. Coffee
4.1.5. Maple
4.1.6. Others (Herbs & Seasoning)
4.2. Global Flavored Syrups Market by Flavor Type
4.2.1. Sweet
4.2.2. Salty
4.2.3. Savory
4.2.4. Sour
4.3. Global Flavored Syrups Market by Application
4.3.1. Beverages
4.3.2. Dairy & Frozen Desserts
4.3.3. Bakery Products
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Amoretti
6.2. Birch Benders
6.3. B&G Foods, Inc.
6.4. Kerry Group plc
6.5. Lakanto
6.6. Mapro Foods Pvt. Ltd.
6.7. Monin India Private Ltd.
6.8. NuNaturals Ltd.
6.9. PIONEER VALLEY
6.10. RxSugar
6.11. Skinny Mixes, LLC
6.12. So Nourished, Inc.
6.13. The Hershey Company
6.14. Torani
6.15. Tulleeho Portals Pvt. Ltd.
6.16. VKP Brands
6.17. Walden Farms
1. GLOBAL FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2020-2027 ($ MILLION)
2. GLOBAL FRUIT FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL CHOCOLATE FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL VANILLA FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL COFFEE FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL MAPLE FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL OTHER FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR TYPE, 2020-2027 ($ MILLION)
9. GLOBAL SWEET FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL SALTY FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL SAVORY FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL SOUR FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
14. GLOBAL FLAVORED SYRUPS IN BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL FLAVORED SYRUPS IN DAIRY & FROZEN DESSERTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL FLAVORED SYRUPS IN BAKERY PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
18. NORTH AMERICAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. NORTH AMERICAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2020-2027 ($ MILLION)
20. NORTH AMERICAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR TYPE, 2020-2027 ($ MILLION)
21. NORTH AMERICAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION 2020-2027 ($ MILLION)
22. EUROPEAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. EUROPEAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2020-2027 ($ MILLION)
24. EUROPEAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR TYPE, 2020-2027 ($ MILLION)
25. EUROPEAN FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR TYPE, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
30. REST OF THE WORLD FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
31. REST OF THE WORLD FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2020-2027 ($ MILLION)
32. REST OF THE WORLD FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR TYPE, 2020-2027 ($ MILLION)
33. REST OF THE WORLD FLAVORED SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL FLAVORED SYRUPS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL FLAVORED SYRUPS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL FLAVORED SYRUPS MARKET, 2021-2027 (%)
4. GLOBAL FLAVORED SYRUPS MARKET SHARE BY FLAVOR, 2020 VS 2027 (%)
5. GLOBAL FRUIT FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL CHOCOLATE FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL VANILLA FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL COFFEE FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL MAPLE FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL OTHER FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL FLAVORED SYRUPS MARKET SHARE BY FLAVOR TYPE, 2020 VS 2027 (%)
12. GLOBAL SWEET FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL SALTY FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL SAVORY FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL SOUR FLAVORED SYRUPS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL FLAVORED SYRUPS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. US FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
18. CANADA FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
19. UK FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
20. FRANCE FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
21. GERMANY FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
22. ITALY FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
23. SPAIN FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
24. REST OF EUROPE FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
25. INDIA FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
26. CHINA FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
27. JAPAN FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
28. SOUTH KOREA FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF ASIA-PACIFIC FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD FLAVORED SYRUPS MARKET SIZE, 2020-2027 ($ MILLION)