Balancing Taste and Health with Sugar-Free Syrups

The sugar-free syrups market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2022-2028). The market growth is driven by, the increasing awareness about health among the masses. Also, the increasing incidence of chronic diseases such as diabetes is rising the demand for sugar-free syrups. According to the 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. Additionally, the increase in demand for organic and natural products, and the growing application of sweetener syrups in food and beverage processing is also contributing towards market growth. Further, the adoption of natural sweeteners such as stevia and monk fruit over artificial sweeteners is also driving market growth. . Policies regarding reducing the permissible amount of sugar in the products are also significant to force manufacturers to switch to sugar-free products.

Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/sugar-free-syrups-market

The global sugar-free syrups market is segmented by nature (organic and conventional), flavor (fruit, chocolate, vanilla, and others), and application (bakery & confectionery, beverages, dairy & frozen desserts, pharmaceuticals, and others).

Market Outlook and Recent Development 

• The demand for sugar-free syrup is on the rise in North America. North America has a major potential for growth as the demand for sugar-free products in the desserts and snacks is rising as more people opt for lower-calorie and healthier products. 

• Asia-Pacific continues to dominate the market mainly because of the growing awareness of the customers about healthier products, the growing food and beverages sector, and higher per capita income.

• Market players are heavily investing in R&D by adopting strategies such as mergers and acquisitions, and joint ventures. For instance, Amyris partnered with Givaudan to develop a tabletop application for sugarcane-derived, zero-calorie natural sweeteners.

• Innovations in packaging are also helping the market’s growth. Strategic partnerships between vendors such as Tetra Pak and Krones Ag have ensured long product shelf life, and more convenient packaging for reduced sugar drinks without compromising on the environment. 

The major players operating in the sugar-free syrup market include Harsheys, Pyure Brands LLC, Maple Grove Farms, Tate and Lyle, Wal-Mart Stores Inc., and R Torre & Company. The market players are contributing significantly towards market growth by introducing new products, researching novel technologies and adoption expansion strategies such as mergers and acquisitions. For instance, the partnership between Tate & Lyle acquired (SGF), a leading global stevia solution business, to become an exclusive distributor of SGF’s portfolio of service based ingredients and solution.

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