PUBLISHER: The Business Research Company | PRODUCT CODE: 1659065
PUBLISHER: The Business Research Company | PRODUCT CODE: 1659065
Flavored syrup is a sweet concoction produced by blending sugar and water while infusing it with natural or artificial essences derived from fruits or plants. This process aims to imbue a variety of alcoholic and non-alcoholic beverages with distinct colors and tastes.
The primary distinctions among flavored syrups lie between natural and synthetic variations. Natural flavored syrups are meticulously crafted without any artificial additives, colors, sweeteners, or preservatives, prioritizing premium-quality ingredients. Maple syrup, raw honey, coconut or palm sugar, and maple sugar are among the natural syrups renowned for both their health benefits and their ability to impart sweetness to dishes. These syrups come in a diverse array of flavors, ranging from fruit-infused to chocolate, vanilla, coffee, herbal, and other aromatic variations. They are typically available through food service and food retail channels.
The flavored syrups market research report is one of a series of new reports from The Business Research Company that provides flavored syrups market statistics, including flavored syrups industry global market size, regional shares, competitors with a flavored syrups market share, detailed flavored syrups market segments, market trends and opportunities, and any further data you may need to thrive in the flavored syrups industry. These flavored syrups market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The flavored syrups market size has grown steadily in recent years. It will grow from $50.9 billion in 2024 to $53.23 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to growth in beverage industry, consumer demand for diverse flavors, increased adoption in foodservice industry, convenience in home cooking, growing awareness of global cuisines.
The flavored syrups market size is expected to see steady growth in the next few years. It will grow to $64.09 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to growing demand for low/no-sugar varieties, adoption of exotic and unusual flavors, rise in plant-based and natural sweeteners, culinary tourism influence, eco-friendly packaging solutions, focus on health and wellness. Major trends in the forecast period include diversification of flavor profiles, e-commerce and direct-to-consumer sales, customization and personalization, collaborations with food and beverage brands, innovation in mixology.
The rising consumption of convenience food products is anticipated to drive the flavored syrups market. Convenience foods, which are prepared and ready-to-eat, are commonly found on restaurant menus or in grocery stores and include items like frozen foods and snacks. Changing consumption patterns and improved living standards have led to an increase in convenience food consumption. Flavored syrups are utilized in various convenience food products, such as waffles, coffee, pancakes, tea, cake, ice cream, and more, to enhance flavors. For instance, in September 2022, Candy & Snacks Today, a publication from the US-based National Confectioners Association (NCA), reported an 11.4 percent increase in total snack sales during the first nine months of 2022, with sales revenue reaching $44.9 billion. Consequently, the growing demand for convenience food products is driving the expansion of the flavored syrups market.
The rising demand for new and unique flavors is expected to drive the growth of the flavored syrups market in the future. Consumers' interest in novel taste experiences encourages product innovation, the introduction of various flavor profiles, and customization. This trend promotes culinary exploration, engagement, and competitiveness among brands, ultimately broadening the market as consumers look for exciting and distinctive flavor options in their food and beverages. For example, in September 2022, Simpsons Beverage Supply Co Ltd., a UK-based flavor manufacturing company, reported that around 80% of coffee enthusiasts customize their drinks, often using flavored coffee syrups for this purpose. Therefore, the increasing demand for new and unique flavors is fueling the growth of the flavored syrups market.
Major companies in the flavored syrups market are focusing on developing innovative products, such as organic syrups, to gain a competitive advantage. Organic syrups are sweetening agents made from ingredients that are grown and processed according to organic farming standards. These syrups are generally free from synthetic pesticides, herbicides, and genetically modified organisms (GMOs). For example, in August 2022, Singing Dog Vanilla, a US-based company specializing in organic vanilla extract, launched Organic Vanilla Syrup, which is made with their double-strength vanilla extract. This Organic Vanilla Syrup is a premium, all-natural sweetener infused with their signature organic vanilla extract, offering 25% more vanilla content than standard syrups, resulting in a rich and full-bodied vanilla flavor. It is non-GMO, Fair Trade Plus+, USDA Organic, and vegan, catering to various dietary preferences. Produced in allergen-free facilities in the USA, it is also allergen-friendly, being gluten-free, sesame-free, soy-free, nut-free, egg-free, palm-oil-free, and free from refined sugar. This syrup can enhance the flavor of coffee, tea, cocktails, and other beverages.
Major companies in the flavored syrups market are introducing new flavors, such as Puremade Chocolate Hazelnut Sauce, Puremade Mangonada Syrup, and Puremade Black Sugar Syrup, to maintain their competitive edge. These products are crafted to enhance beverages and culinary creations using clean ingredients and no GMOs. For example, in December 2023, Monin Incorporate, a flavoring products company based in France, launched Ube flavored syrup as its flavor of the year for 2024. This syrup features a striking purple color and a well-balanced flavor profile that combines nutty, earthy, and sweet undertones, making it a versatile ingredient for a variety of beverages and culinary applications. Its importance lies in its alignment with current consumer trends that favor authentic, globally inspired flavors and visually appealing products, thereby appealing to both adventurous and health-conscious consumers.
In September 2022, Fuerst Day Lawson Limited, a UK-based supplier of food, beverage, and specialty chemical ingredients, acquired Quest Ingredients Limited for an undisclosed amount. This acquisition enhances FDL's capacity to provide customized flavor and botanical extracts to both customer bases by broadening its capabilities and innovation expertise. Quest Ingredients Limited is a UK-based manufacturer specializing in food flavors, animal feed flavors, and active botanical extracts.
Major companies operating in the flavored syrups market are Monin Inc., Sensient Technologies Corporation, The Hershey Company, Tate & Lyle PLC, Kerry Group PLC, Fuerst Day Lawson Ltd., Toschi Vignola srl, R. Torre & Company Inc., Concord Foods LLC, Mitr Phol Group, KF Nutri Foods International Inc., Amoretti LLC, The J.M. Smucker Company, Wholesome Sweeteners Inc., Archer Daniels Midland Company, Britvic PLC, Kraft Heinz Company, Sensoryeffects Flavor Systems LLC, Sonoma Syrup Co., Cedarvale Maple Syrup Co., Torani Inc., Panos Brands LLC, Nature's Flavors Inc., Ghirardelli Chocolate Company, Wild Flavors Inc., Starbucks Coffee Company, Walden Farms Inc., H. Fox & Company, Jordan's Skinny Mixes LLC, DaVinci Gourmet LLC
North America was the largest region in the flavored syrups market share In 2024. The regions covered in the flavored syrups market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the flavored syrups market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The flavored syrups market consists of sales of salty, sweet, sour and savory syrups. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Flavored Syrups Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on flavored syrups market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for flavored syrups ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The flavored syrups market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.