North America Chocolate Syrup Market Size, Share & Trends Analysis Report By Distribution Channel (B2B, and B2C (Hypermarkets/Supermarkets, Convenience stores, Specialty Stores, and Online)) By Type, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Chocolate Syrup Market would witness market growth of 13.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 172.46 kilo tonnes, showcasing a growth of 6.0% (2020-2023).

The B2C channel involves direct sales to individual consumers for personal use. This segment thrives due to the convenience of purchasing chocolate syrup through various retail formats such as grocery stores, hypermarkets, and online platforms. With growing demand for indulgent home-made desserts and beverages, chocolate syrup in the B2C space caters to everyday consumer needs. Therefore, 40.25 kilo tonnes of chocolate syrup is expected to be sold by B2C sales channel in China by 2031.

The US market dominated the North America Chocolate Syrup Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,501.5 Million by 2031. The Canada market is experiencing a CAGR of 15.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16% during (2024 - 2031).

The product's versatility is a critical component of its enduring appeal. Chocolate syrup is used in various culinary applications, from enhancing breakfast foods like waffles and pancakes to being a primary ingredient in beverages such as chocolate milk, mochas, and milkshakes. The ability to use chocolate syrup across various meal occasions-breakfast, dessert, snacks, and beverages-has expanded its market potential.

Additionally, it is a must-have ingredient in both home kitchens and professional food service establishments due to its rapid and convenient addition of flavor and texture to homemade dishes. Its adaptability to culinary needs, from adding sweetness to a hot drink to serving as a dessert topping, has cemented its place in food culture.

The North American chocolate syrup market is witnessing a surge in demand, supported by evolving culinary trends and a rise in consumer indulgence across the region. The premiumization trend and the growing consumer interest in innovative flavors in the United States increasingly drive the demand for chocolate syrup. With consumers seeking more sophisticated dessert experiences, brands are introducing high-quality, artisanal chocolate syrups that incorporate flavors like sea salt caramel and dark chocolate and even infused syrups with coffee or spices. This shift is particularly pronounced in the specialty coffee and dessert sectors, where consumers seek unique, high-end options to elevate their drinks and treats.

Based on Distribution Channel, the market is segmented into B2B, and B2C (Hypermarkets/Supermarkets, Convenience stores, Specialty Stores, and Online). Based on Type, the market is segmented into Conventional, and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Nestle S.A.
The Hershey Company (Hershey Trust Company)
The Kroger Co.
The J.M Smucker Company
R. Torre & Co. (Torani)
Bosco Products, Inc.
Hollander Chocolate, Inc.
Walden Farms, LLC (PANOS Brands)
Noushig, Inc. (Amoretti)
Gold Pure Food Products Co., Inc.

North America Chocolate Syrup Market Report Segmentation

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)

B2B
B2C
- Hypermarkets/Supermarkets
- Convenience stores
- Specialty Stores
- Online

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Conventional
Organic

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Chocolate Syrup Market, by Distribution Channel
- 1.4.2 North America Chocolate Syrup Market, by Type
- 1.4.3 North America Chocolate Syrup Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Chocolate Syrup Market by Distribution Channel

4.1 North America B2B Market by Region
4.2 North America B2C Market by Region
4.3 North America Chocolate Syrup Market by B2C Type
- 4.3.1 North America Hypermarkets/Supermarkets Market by Country
- 4.3.2 North America Convenience stores Market by Country
- 4.3.3 North America Specialty Stores Market by Country
- 4.3.4 North America Online Market by Country

Chapter 5. North America Chocolate Syrup Market by Type

5.1 North America Conventional Market by Country
5.2 North America Organic Market by Country

Chapter 6. North America Chocolate Syrup Market by Country

6.1 US Chocolate Syrup Market
- 6.1.1 US Chocolate Syrup Market by Distribution Channel
  - 6.1.1.1 US Chocolate Syrup Market by B2C Type
- 6.1.2 US Chocolate Syrup Market by Type
6.2 Canada Chocolate Syrup Market
- 6.2.1 Canada Chocolate Syrup Market by Distribution Channel
  - 6.2.1.1 Canada Chocolate Syrup Market by B2C Type
- 6.2.2 Canada Chocolate Syrup Market by Type
6.3 Mexico Chocolate Syrup Market
- 6.3.1 Mexico Chocolate Syrup Market by Distribution Channel
  - 6.3.1.1 Mexico Chocolate Syrup Market by B2C Type
- 6.3.2 Mexico Chocolate Syrup Market by Type
6.4 Rest of North America Chocolate Syrup Market
- 6.4.1 Rest of North America Chocolate Syrup Market by Distribution Channel
  - 6.4.1.1 Rest of North America Chocolate Syrup Market by B2C Type
- 6.4.2 Rest of North America Chocolate Syrup Market by Type

Chapter 7. Company Profiles

7.1 Nestle S.A.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
7.2 The Hershey Company
- 7.2.1 Company overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 SWOT Analysis
7.3 The Kroger Co.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
7.4 The J.M. Smucker Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
7.5 R. Torre & Co. (Torani)
- 7.5.1 Company Overview
7.6 Bosco Products, Inc.
- 7.6.1 Company Overview
7.7 Hollander Chocolate, Inc.
- 7.7.1 Company Overview
7.8 Walden Farms, LLC (PANOS Brands)
- 7.8.1 Company Overview
7.9 Noushig, Inc. (Amoretti)
- 7.9.1 Company Overview
7.10. Gold Pure Food Products Co., Inc.
- 7.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Chocolate Syrup Market, 2020 - 2023, USD Million
TABLE 2 North America Chocolate Syrup Market, 2024 - 2031, USD Million
TABLE 3 North America Chocolate Syrup Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America Chocolate Syrup Market, 2024 - 2031, Kilo Tonnes
TABLE 5 North America Chocolate Syrup Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 6 North America Chocolate Syrup Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 7 North America Chocolate Syrup Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 8 North America Chocolate Syrup Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 9 North America B2B Market by Region, 2020 - 2023, USD Million
TABLE 10 North America B2B Market by Region, 2024 - 2031, USD Million
TABLE 11 North America B2B Market by Region, 2020 - 2023, Kilo Tonnes
TABLE 12 North America B2B Market by Region, 2024 - 2031, Kilo Tonnes
TABLE 13 North America B2C Market by Region, 2020 - 2023, USD Million
TABLE 14 North America B2C Market by Region, 2024 - 2031, USD Million
TABLE 15 North America B2C Market by Region, 2020 - 2023, Kilo Tonnes
TABLE 16 North America B2C Market by Region, 2024 - 2031, Kilo Tonnes
TABLE 17 North America Chocolate Syrup Market by B2C Type, 2020 - 2023, USD Million
TABLE 18 North America Chocolate Syrup Market by B2C Type, 2024 - 2031, USD Million
TABLE 19 North America Chocolate Syrup Market by B2C Type, 2020 - 2023, Kilo Tonnes
TABLE 20 North America Chocolate Syrup Market by B2C Type, 2024 - 2031, Kilo Tonnes
TABLE 21 North America Hypermarkets/Supermarkets Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Hypermarkets/Supermarkets Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Hypermarkets/Supermarkets Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 North America Hypermarkets/Supermarkets Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 North America Convenience stores Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Convenience stores Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Convenience stores Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 North America Convenience stores Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 North America Specialty Stores Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Specialty Stores Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Specialty Stores Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 North America Specialty Stores Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 North America Online Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Online Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Online Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 North America Online Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 North America Chocolate Syrup Market by Type, 2020 - 2023, USD Million
TABLE 38 North America Chocolate Syrup Market by Type, 2024 - 2031, USD Million
TABLE 39 North America Chocolate Syrup Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 40 North America Chocolate Syrup Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 41 North America Conventional Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Conventional Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Conventional Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 North America Conventional Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 North America Organic Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Organic Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Organic Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 North America Organic Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 North America Chocolate Syrup Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Chocolate Syrup Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Chocolate Syrup Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52 North America Chocolate Syrup Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53 US Chocolate Syrup Market, 2020 - 2023, USD Million
TABLE 54 US Chocolate Syrup Market, 2024 - 2031, USD Million
TABLE 55 US Chocolate Syrup Market, 2020 - 2023, Kilo Tonnes
TABLE 56 US Chocolate Syrup Market, 2024 - 2031, Kilo Tonnes
TABLE 57 US Chocolate Syrup Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 58 US Chocolate Syrup Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 59 US Chocolate Syrup Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 60 US Chocolate Syrup Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 61 US Chocolate Syrup Market by B2C Type, 2020 - 2023, USD Million
TABLE 62 US Chocolate Syrup Market by B2C Type, 2024 - 2031, USD Million
TABLE 63 US Chocolate Syrup Market by B2C Type, 2020 - 2023, Kilo Tonnes
TABLE 64 US Chocolate Syrup Market by B2C Type, 2024 - 2031, Kilo Tonnes
TABLE 65 US Chocolate Syrup Market by Type, 2020 - 2023, USD Million
TABLE 66 US Chocolate Syrup Market by Type, 2024 - 2031, USD Million
TABLE 67 US Chocolate Syrup Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 68 US Chocolate Syrup Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 69 Canada Chocolate Syrup Market, 2020 - 2023, USD Million
TABLE 70 Canada Chocolate Syrup Market, 2024 - 2031, USD Million
TABLE 71 Canada Chocolate Syrup Market, 2020 - 2023, Kilo Tonnes
TABLE 72 Canada Chocolate Syrup Market, 2024 - 2031, Kilo Tonnes
TABLE 73 Canada Chocolate Syrup Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 74 Canada Chocolate Syrup Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 75 Canada Chocolate Syrup Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 76 Canada Chocolate Syrup Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 77 Canada Chocolate Syrup Market by B2C Type, 2020 - 2023, USD Million
TABLE 78 Canada Chocolate Syrup Market by B2C Type, 2024 - 2031, USD Million
TABLE 79 Canada Chocolate Syrup Market by B2C Type, 2020 - 2023, Kilo Tonnes
TABLE 80 Canada Chocolate Syrup Market by B2C Type, 2024 - 2031, Kilo Tonnes
TABLE 81 Canada Chocolate Syrup Market by Type, 2020 - 2023, USD Million
TABLE 82 Canada Chocolate Syrup Market by Type, 2024 - 2031, USD Million
TABLE 83 Canada Chocolate Syrup Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 84 Canada Chocolate Syrup Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 85 Mexico Chocolate Syrup Market, 2020 - 2023, USD Million
TABLE 86 Mexico Chocolate Syrup Market, 2024 - 2031, USD Million
TABLE 87 Mexico Chocolate Syrup Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Mexico Chocolate Syrup Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Mexico Chocolate Syrup Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 90 Mexico Chocolate Syrup Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 91 Mexico Chocolate Syrup Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 92 Mexico Chocolate Syrup Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 93 Mexico Chocolate Syrup Market by B2C Type, 2020 - 2023, USD Million
TABLE 94 Mexico Chocolate Syrup Market by B2C Type, 2024 - 2031, USD Million
TABLE 95 Mexico Chocolate Syrup Market by B2C Type, 2020 - 2023, Kilo Tonnes
TABLE 96 Mexico Chocolate Syrup Market by B2C Type, 2024 - 2031, Kilo Tonnes
TABLE 97 Mexico Chocolate Syrup Market by Type, 2020 - 2023, USD Million
TABLE 98 Mexico Chocolate Syrup Market by Type, 2024 - 2031, USD Million
TABLE 99 Mexico Chocolate Syrup Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 100 Mexico Chocolate Syrup Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 101 Rest of North America Chocolate Syrup Market, 2020 - 2023, USD Million
TABLE 102 Rest of North America Chocolate Syrup Market, 2024 - 2031, USD Million
TABLE 103 Rest of North America Chocolate Syrup Market, 2020 - 2023, Kilo Tonnes
TABLE 104 Rest of North America Chocolate Syrup Market, 2024 - 2031, Kilo Tonnes
TABLE 105 Rest of North America Chocolate Syrup Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 106 Rest of North America Chocolate Syrup Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 107 Rest of North America Chocolate Syrup Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 108 Rest of North America Chocolate Syrup Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 109 Rest of North America Chocolate Syrup Market by B2C Type, 2020 - 2023, USD Million
TABLE 110 Rest of North America Chocolate Syrup Market by B2C Type, 2024 - 2031, USD Million
TABLE 111 Rest of North America Chocolate Syrup Market by B2C Type, 2020 - 2023, Kilo Tonnes
TABLE 112 Rest of North America Chocolate Syrup Market by B2C Type, 2024 - 2031, Kilo Tonnes
TABLE 113 Rest of North America Chocolate Syrup Market by Type, 2020 - 2023, USD Million
TABLE 114 Rest of North America Chocolate Syrup Market by Type, 2024 - 2031, USD Million
TABLE 115 Rest of North America Chocolate Syrup Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 116 Rest of North America Chocolate Syrup Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 117 Key Information - Nestle S.A.
TABLE 118 Key Information -The Hershey Company
TABLE 119 Key information - The Kroger Co.
TABLE 120 Key Information - The J.M. Smucker Company
TABLE 121 Key Information - R. Torre & Co.
TABLE 122 Key Information - Bosco Products, Inc.
TABLE 123 Key Information - Hollander Chocolate, Inc
TABLE 124 Key Information - Walden Farms, LLC
TABLE 125 Key Information - Noushig, Inc.
TABLE 126 Key Information - Gold Pure Food Products Co., Inc.

North America Chocolate Syrup Market Size, Share & Trends Analysis Report By Distribution Channel (B2B, and B2C (Hypermarkets/Supermarkets, Convenience stores, Specialty Stores, and Online)) By Type, By Country and Growth Forecast, 2024 - 2031