Flavored Syrup Market is estimated to be US$69.1 billion by 2030 with a CAGR of 4.30% during the forecast period

Comments · 75 Views

Global Flavored Syrup Market, By Flavor (Chocolate, Strawberry, Coffee, Vanilla, Herb and Seasoning, Maple, Palm, Fruit, and Mint), By Application (Dairy Product and Frozen Dessert, Confectionary and Bakery Products, and Food & Beverages), and, By Region (North America, Europe, Asia Pa

Flavored Syrup Market accounted for US$ 47.5 billion in 2021 and is estimated to be US$69.1 billion by 2030 and is anticipated to register a CAGR of 4.30%. Increasing inclination of population towards added flavors in drink or syrups is expected to foster the market of flavored syrup. Increasing disposable income and change in life style population is now more inclined to try new varieties and products. Syrups based on chocolate, caramel, vanilla, fruit, malt and coffee have found increased popularity as taste enhancers. However, consumers are also becoming more health conscious, and shifting towards sugar free diets, which may hamper the flavored syrup market, or there could be threat of substitute in the market.

The flavored syrup market is a segment of the food and beverage industry that caters to the growing demand for various flavored syrups used in a wide range of applications. Flavored syrups are liquid sweeteners infused with different natural or artificial flavors, enhancing the taste of various food and beverage products. They are versatile ingredients that add unique flavors, colors, and aromas to beverages, desserts, baked goods, and other culinary creations.

Comments