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<br>The global Flavored Syrups Market size was worth US$ 42.27 billion in 2020, and it is estimated to reach a valuation of US$ 51.31 billion by the end of 2025<br><br>Request Sample: https://www.marketdataforecast.com/market-reports/global-flavoured-syrups-market/request-sample<br>
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Rising call from the F&B sector drives growth in the Global Flavored Syrups Market Global Flavored Syrups Market foreseen to cross USD 51 billion by 2025 North America holds the lion’s share in the Global Flavored Syrups Market Market overview: The global Flavored Syrups Market was worth USD 42.27 billion in 2019, and it is estimated that it will reach USD 51.31 billion by 2025 at a considerable CAGR during the outlook period. The flavoring syrup is produced from natural or artificial flavoring ingredients mixed with sugar to obtain a concentrate. The flavored syrup is used in a variety of foods and beverages, such as frozen desserts, coffee, waffles, pancakes, and more, to enhance sensory properties. Recent developments: In October 2018, NuNaturals published about the launch of its new sugar- free natural pourable syrup. This new product is offered in a variety of flavors including vanilla, chocolate, maple, chai, and pumpkin spice. Market Drivers and Restrains: Increasing consumer demand for prepared foods coupled with increased application of flavored syrups in the food and beverage and pharmaceutical industries is a major factor driving the growth of the global flavored syrup market. The main activities of flavor syrup in the food and beverage industry include the production of soft drink concentrates, multi-flavored drink syrups, frozen dessert additives for yogurt toppings, and the production of flavor powders for food and soft drinks. The salty syrup is used in salad dressings, meat recipes, and in the preparation of pastry and confectionery products. In addition to sweet syrup, salty syrup is expanding its applications beyond beverages. However, the demand for chocolate flavored syrup is playing an important role in the growth of the chocolate flavored syrup market, depending on the food preferences of consumers. The pharmaceutical industry is also contributing to the growing
market demand for fragrances by requiring this syrup for flavor and appetite medications. In addition, the food and beverage industry are one of the driving forces in the market for flavor syrups, and consumer preference for a variety of flavor syrups in convenience foods is also expected to drive the growth of the global market in future. Additionally, the significant shift in consumers toward sugar-free products and the availability of a wide variety of sugar-free flavored syrups provide profitable growth opportunities for major market players. The concerns related to the sugar content in flavored syrup are foreseen to restrict this business growth over the projection period. To know more read: https://www.marketdataforecast.com/market-reports/global-flavoured-syrups- market Report is segmented as: The flavored syrup market is segmented on the basis of type by chocolate, spiced fruits, herbs, vanilla, and condiments. The global market was led by the fruit sector, with the number one market share. Fruit syrup, also known as fruit juice concentrate, can be used with almost any fruit on the market, and there is a growing demand for fruit-flavored syrups around the world. On the basis of application, the world market for flavored syrups has been segmented into beverage, dairy and frozen desserts, confectionery, bakery, etc. The beverage applications segment occupied most of the global flavored syrup market in 2018. The growth of the beverage sector is mainly due to the growing demand for a variety of beverages such as concentrated concentrates, fruit juices, fruit purees, balms, smoothies, soft drinks, Cocktails and hot drinks like tea and coffee. Geographical Segmentation: North America accounted for the largest share at 33.9% in 2019. The growth of the flavored syrup market is driven primarily by consumers who prefer them in everyday meals such as cereals, snacks, desserts and beverages. The Asia Pacific region is expected to grow at a maximum annual growth rate of 5.6% from 2019 to 2025. Bakery products are considered mass consumer products due to their
low price. In addition, consumers are willing to consume sweet foods, leading manufacturers to launch innovative products with the addition of flavored syrup. Impact of COVID 19 on Flavored Syrups Market Supply chain disruptions because of COVID-19 had a tremendous impact on the growth of the flavored syrup markets. The COVID-19 pandemic has an unpredictable and unimaginable impact on livelihoods, communities and the global economy. The demand for flavored syrups in March and April has decreased significantly as people bought only essential foods. Key market players: Some of the main players operating in the global market are The Kerry Group. Hershey Company; Tate & Lyle; Fuerst Day Lawson; Monin Inc; Torani; Starbucks Coffee Company; Archer Daniels Midland Company; Walden Farms; Fox syrups and Smucker's. View sample and decide: https://www.marketdataforecast.com/market-reports/global-flavoured-syrups- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also
provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/