The global flavored syrups market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period (2021-2027). Flavored syrups are used in beverages as a topping for yogurts, as power used in food and soft drinks, and can used directly on the top of waffles, pancakes, etc. Flavored syrups are used in cold and hot beverages such as iced tea, coffee, mochas, flavored sodas, and customized cocktails and mocktails. Consumers prefer different flavored syrup in their beverages such as chocolate, maple, caramel, vanilla, etc. due to which many companies had come up with different flavors which increases the market size of flavored syrups. For instance, in January 2021, Torani Launched new signature syrups - Eight All-Natural Syrup Flavors with no added preservatives. Torani signature natural syrups are available in vanilla, hazelnut, caramel, raspberry, strawberry, irish cream, blood orange, and lime flavors which can be ordered through select distributors and online both.
Browse the full report description of "Global Flavored Syrups Market Size, Share & Trends Analysis Report by Flavor (Fruit, Chocolate, Vanilla, Coffee, Maple, and Others), by Flavor Type (Sweet, Salty, Savory, and Sour) and by Application (Beverages, Dairy & Frozen Desserts, and Bakery Products) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/flavored-syrups-market
Furthermore, there is an increasing trend of using flavored syrups in hot beverages such as tea and coffee, and lattes to provide flavor variations to consumers to meet their tastes and preferences. For instance, in January 2020, Barista launched five varities of gourmet syrups specifically for iced tea, hot tea, hot chocolate, and other hot beverages. In total, there are more than 25 different flavors.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Flavor
o By Flavor Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Monin India Private Ltd., Torani, The Hershey Company, Birch Benders, Lakanto, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Flavored Syrups Market Report Segment
By Flavor
• Fruit
• Chocolate
• Vanilla
• Coffee
• Maple
• Others (Herbs & Seasoning)
By Flavor Type
• Sweet
• Salty
• Savory
• Sour
By Application
• Beverages
• Dairy & Frozen Desserts
• Bakery Products
Global Flavored Syrups Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa