Sugar-Free Syrups Market
Sugar-Free Syrups Market Size, Share & Trends Analysis Report by Nature (Organic and Conventional), by Flavor (Fruit, Chocolate, Vanilla, and Others), and by Application (Bakery & Confectionery, Beverages, Dairy & Frozen Desserts, Pharmaceuticals, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Sugar-free syrups market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The rising prevalence of diabetes, obesity and cardiac diseases due to the high consumption of sugar-based products is likely to come up as a prospective driver for the growth of the global sugar-free syrups market. According to International Diabetes Federation, 537 million adults are living with diabetes and this number is further predicted to rise to 643 million by 2030 and 783 million by 2045. Moreover, rising awareness among consumers about the negative impact of regular sugar intake on health is further escalating the demand for sugar-free syrups. Diabetic patients are inclined toward the use of sugar-free syrups as a safe alternative to sugar syrups for preparing various bakery and dessert items.
Segmental Outlook
The global sugar-free syrups market is segmented based on its nature, flavour, and application. Based on its nature, the market is segmented into organic, and conventional. Based on the flavour, the market is categorized into fruit, chocolate, vanilla, and others. Further, based on the application, the market is segmented into bakery & confectionery, beverages, dairy & frozen desserts, pharmaceuticals, and others. Among the flavour segment, the fruit-flavoured sugar-free syrup is anticipated to hold a prominent market share, while the market for vanilla-flavoured sugar-free syrup is estimated to witness the fastest growth.
Among the application segments, the bakery & confectionery sub-segment is expected to hold a prominent market share over the forecast period owing to an increasing number of applications of sugar-free syrups in preparing bakeries and confectionaries. The growing number of hotels, restaurants, and cafés globally is another major factor primarily leading to the growing demand for the bakery & confectionery industry. Along with controlling the sugar intake level, sugar-free syrup offers taste enhancement to the food, which makes them more preferred among the health-conscious population. Hence, major players in the market are viewing this demand as a business opportunity and introducing sugar-free syrups suitable for the preparation of bakery and confectionery products. For instance, In 2020, with the launch of Stablesweet LD low sugar glucose syrup, Ingredion EMEA expanded its portfolio of sugar reduction and speciality sweetener solutions. Derived from corn, the Stablesweet syrup is suitable for applications such as chewy sweets, lollipops, hard-boiled candy, jellies, and gummies and reportedly delivers increased shininess and transparency.
Regional Outlooks
The global sugar-free 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 a particular region or country level as per the requirement. Among these, the North American regional market is expected to cater to a prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the sugar-free syrups market.
Global Sugar-Free Syrups Market Growth, by Region 2022-2028
The North American Region Is Expected to Hold a Prominent Share in the Global Sugar-Free Syrups Market
The North American region is expected to hold a prominent share in the global sugar-free syrups market owing to shifting consumer preference towards the low-calorie diet coupled up with the presence of a large health-conscious population in the North American countries. According to the Food & Health Survey conducted by the International Food Information Council (IFIC), 80% of Americans shifted from added sugar products to sugar-free products in 2019. North America has more health-conscious people when compared to other regions and the continual innovations in the region’s healthy food industry are likely to show the surge in demand for sugar-free syrups.
Market Players Outlook
The major companies serving the global Sugar-Free Syrups market include Beyond Better Foods, LLC, B&G Foods, Inc., Kerry Group plc, Pyure Brands LLC, Skinny Mixes, LLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2021, Enlightened introduced Sugar-free Chocolate Syrup with each serving containing just 1g of net carbs. Enlightened's Sugar-Free Chocolate Syrup is available on Amazon and through other offline and online channels.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.Key companies operating in the global sugar-free 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
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segmentation
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. Recommendation
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Beyond Better Foods, LLC (Enlightened)
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Development
3.3. B&G Foods, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Development
3.4. Kerry Group plc
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Development
3.5. Pyure Brands LLC
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Development
3.6. Skinny Mixes, LLC
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Development
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Sugar-Free Syrups Market by Nature
4.1.1. Organic
4.1.2. Conventional
4.2. Global Sugar-Free Syrups Market by Flavor
4.2.1. Fruit
4.2.2. Chocolate
4.2.3. Vanilla
4.2.4. Others
4.3. Global Sugar-Free Syrups Market by Application
4.3.1. Bakery & Confectionery
4.3.2. Beverages
4.3.3. Dairy & Frozen Desserts
4.3.4. Pharmaceuticals
4.3.5. Others
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. Cary’s (B&G Foods, Inc.)
6.2. ChocZero
6.3. Lakanto
6.4. Maple Grove Farms (B&G Foods, Inc.)
6.5. Monin, Inc.
6.6. Myprotein
6.7. Nestlé, USA, Inc (Starbucks)
6.8. Newtrition Plus Health & Wellness Pvt. Ltd.
6.9. Nutaste Food Labs Pvt Ltd and Good + Moore
6.10. R. Torre and Co. (Torani)
6.11. Sonoma Syrup Co.
6.12. Spring Tree (B&G Foods, Inc.)
6.13. SweetLeaf
6.14. Tate & Lyle plc
6.15. The Hershey Co.
6.16. theskinnyfoodco
1. GLOBAL SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
2. GLOBAL ORGANIC SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CONVENTIONAL SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2021-2028 ($ MILLION)
5. GLOBAL FRUIT FLAVORED SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL CHOCOLATE FLAVORED SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL VANILLA FLAVORED SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OTHER FLAVORED SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
10. GLOBAL SUGAR-FREE SYRUPS FOR BAKERY & CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL SUGAR-FREE SYRUPS FOR BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL SUGAR-FREE SYRUPS FOR DAIRY & FROZEN DESSERTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SUGAR-FREE SYRUPS FOR PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL SUGAR-FREE SYRUPS FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. NORTH AMERICAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
18. NORTH AMERICAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2021-2028 ($ MILLION)
19. NORTH AMERICAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. EUROPEAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. EUROPEAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
22. EUROPEAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2021-2028 ($ MILLION)
23. EUROPEAN SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. REST OF THE WORLD SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY FLAVOR, 2021-2028 ($ MILLION)
31. REST OF THE WORLD SUGAR-FREE SYRUPS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL SUGAR-FREE SYRUPS MARKET SHARE BY NATURE, 2021 VS 2028 (%)
2. GLOBAL ORGANIC SUGAR-FREE SYRUPS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL CONVENTIONAL SUGAR-FREE SYRUPS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SUGAR-FREE SYRUPS MARKET SHARE BY FLAVOR, 2021 VS 2028 (%)
5. GLOBAL CHOCOLATE FLAVORED SUGAR-FREE MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL VANILLA FLAVORED SUGAR-FREE SYRUPS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL OTHER FLAVORED SUGAR-FREE SYRUPS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL SUGAR-FREE SYRUPS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL SUGAR-FREE SYRUPS FOR BAKERY & CONFECTIONERY MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL SUGAR-FREE SYRUPS FOR BEVERAGES MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL SUGAR-FREE SYRUPS FOR DAIRY & FROZEN DESSERTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL SUGAR-FREE SYRUPS FOR PHARMACEUTICALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL SUGAR-FREE SYRUPS FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL SUGAR-FREE SYRUPS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. US SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
17. UK SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD SUGAR-FREE SYRUPS MARKET SIZE, 2021-2028 ($ MILLION)
