The Business Research Company’s report on the Flavoring Syrup And Concentrate Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the flavoring syrup and concentrate market further?
Rising e-commerce is expected to propel the growth of the flavoring syrup and concentrate market going forward. Rising e-commerce is driven by factors such as increased internet accessibility, the convenience of online shopping, growth in mobile device usage, faster delivery options, and a broader selection of products available to consumers. E-commerce refers to the buying and selling of goods and services over the internet. E-commerce platforms are used for the sale and distribution of flavoring syrups and concentrates, providing consumers with easy access to a wide variety of flavors from global brands and enabling businesses to reach a broader customer base. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 climbed by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores. Therefore, rising e-commerce is driving the growth of the flavoring syrup and concentrate market.
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What are the key factors influencing the forecasted market size of the flavoring syrup and concentrate industry?
The flavoring syrup and concentrate market size has grown strongly in recent years. It will grow from $61.03 billion in 2024 to $64.9 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to rise in disposable income and rising preference for processed food products.
The flavoring syrup and concentrate market size is expected to see strong growth in the next few years. It will grow to $83.25 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to demand for ready to drink beverages and demographic shifts in emerging markets . Major trends in the forecast period include manufacturing products with organic ingredients, automation technology to improve production efficiency and profits, manufacturing sugar free products to increase consumer demand, manufacturing versatile and flavored food products, offering products infused with cbd and offering unique flavors products.
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Who are the leading competitors in the flavoring syrup and concentrate market?
Major companies operating in the flavoring syrup and concentrate market include International Flavors & Fragrances Inc, Kerry Group plc, Golden State Foods, Monin, Inc., Sodastream USA, Concord Foods, LLC, R. Torre & Company, Inc., Small Hand Foods, Rasna Private Limited, Feroze Foods And Flavours, Xi’an FlavorSpring Biotech Co., Ltd., Ajinomoto Co., Inc., Givaudan, Shenzhen Tangzheng Biological Technology Co., Ltd., Doehler Natural Food & Beverage Ingredients (JINSHAN) CO. Ltd., Jinan JINHUAFANG Food Technology Co. Ltd., Fuerst Day Lawson, Tate & Lyle, Toschi Vignola, Cargill, Sensient Technologies, Archer Daniels Midland Company, Symrise, ASR Group, Arme, Fleurs et Fruits, Great Valley Juices, Kraft Heinz Company, Cedarvale Maple Syrup Co., Keurig Dr Pepper Inc., Refresco Group BV, Smucker’s, Sunny Sky Products, Amoretti, Hershey Company, Starbucks Coffee Company, WILD Flavors, PepsiCo, Frutarom Group, Florasynth, Trofina Food, Nettari, Fruit Fusion
Which emerging trends are set to transform the flavoring syrup and concentrate market landscape?
Syrup and concentrate manufacturers are increasingly offering products made with natural and organic ingredients. Innovative flavored products with enhanced nutritional value and low sugar content are attracting consumers with health consciousness. For instance, in March 2022, PepsiCo’s, a US-based food, snack, and beverage corporation, launched Maple Syrup cola. This luscious maple syrup flavor profile is combined with the crisp, refreshing caramel overtones of a Pepsi.
How do different geographies compare in terms of market share and growth potential in the flavoring syrup and concentrate market?
Asia-Pacific was the largest region in the flavoring syrup and concentrate market in 2024. North America was the second-largest region in the flavoring syrup and concentrate market. The regions covered in the flavoring syrup and concentrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the flavoring syrup and concentrate market are experiencing the fastest growth?
The flavoring syrup and concentrate market covered in this report is segmented –
1) By Type: Syrups, Molasses, Sweet Spreads, Jam, Jellies, Preservatives, Savory Spreads
2) By Flavors: Fruit, Chocolate, Vanilla, Coffee, Herbs And Seasonings, Other Flavours
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Food And Beverages Stores, E-Commerce, Other Distribution Channels
4) By Application: Individuals, Beverages, Dairy And Frozen Desserts, Confectionery, Bakery, Other Applications
Subsegments:
1) By Syrups: Fruit-Flavored Syrups, Chocolate Syrups, Maple Syrups, Coffee Syrups
2) By Molasses: Blackstrap Molasses, Light Molasses, Dark Molasses
3) By Sweet Spreads: Nut Butters, Honey Spreads, Chocolate Spreads
4) By Jam: Fruit-Based Jams, Mixed Fruit Jams, Low-Sugar Jams
5) By Jellies: Fruit-Based Jellies, Herbal Jellies, Gelatin-Free Jellies
6) By Preservatives: Fruit Preserves, Sugar-Free Preserves, Organic Preserves
7) By Savory Spreads: Cheese Spreads, Vegetable-Based Spreads, Meat-Based Spreads
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Flavoring Syrup And Concentrate Market Report 2025,Trends And Industry
What defines the structure and scope of the flavoring syrup and concentrate market?
Flavoring syrup and concentrate refers to thick, viscous liquids made by dissolving sugar in water or reducing sweet juices, often enhanced with natural or artificial flavors. Flavoring syrups are typically made from sugar or artificial sweeteners, water, and flavor extracts. Concentrates are more potent forms of flavoring, often containing a higher concentration of flavor compound.
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