Product Code: 2340
The Global Flavored Syrup Market, valued at USD 55.64 Billion in 2024, is projected to grow at a CAGR of 3.87% to reach USD 69.87 Billion by 2030. Flavored syrups are concentrated liquid solutions infused with natural or artificial flavorings, primarily used to enhance the taste of beverages, desserts, and various culinary applications. Market growth is strongly supported by rising consumer demand for flavor customization in both home and commercial settings, as well as the continued expansion of the global foodservice industry.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 55.64 Billion |
| Market Size 2030 | USD 69.87 Billion |
| CAGR 2025-2030 | 3.87% |
| Fastest Growing Segment | Chocolate |
| Largest Market | North America |
Key Market Drivers
The global flavored syrup market is experiencing sustained growth driven by shifting consumer preferences and a thriving commercial landscape. A key reflection of market strength is the performance of leading players. Torani, for instance, surpassed $500 million in annual revenue in 2024, as reported by Business Wire in October 2024, reinforcing strong demand for flavor solutions. Consumers are increasingly drawn to diverse and exotic flavor experiences, especially younger demographics seeking customizable beverage options. According to Simpsons Beverages (February 2025), 70% of consumers aged 18-34 preferred flavored coffee, highlighting a significant taste-shaping trend. Additionally, strong growth in the foodservice and HoReCa sector amplifies demand for flavored syrups, as restaurants and cafes rely heavily on such ingredients for menu differentiation. The U.S. restaurant and foodservice industry is projected to generate $1.1 trillion in sales in 2024, according to the National Restaurant Association (via Escoffier, October 2024), demonstrating the size of the commercial ecosystem supporting syrup consumption.
Key Market Challenges
Health concerns related to high sugar content present a major restraint to the global flavored syrup market. Rising awareness of the health risks associated with excessive sugar intake-such as obesity, diabetes, and metabolic disorders-is prompting consumers to reduce or avoid sugary products. This shift significantly impacts demand for traditional flavored syrups. According to the International Food Information Council (IFIC), 66% of Americans in 2023 reported actively trying to limit or avoid sugar in their diet. As consumers increasingly prioritize healthier lifestyles, conventional full-sugar syrups face difficulty maintaining or expanding their market share, compelling manufacturers to adapt their formulations to meet evolving expectations.
Key Market Trends
Health-conscious consumer behavior is shaping new product development in the flavored syrup market. Manufacturers are actively introducing reduced-sugar, zero-sugar, and naturally sweetened syrups to align with preferences for cleaner and more transparent ingredient lists. The IFIC reported in January 2024 that the food and beverage sector accounted for over 40.2% of the natural sweeteners market share in 2023, underscoring a clear shift toward healthier alternatives. The decline of sugar-heavy products is also reflected in market adjustments, such as the discontinuation of Coca-Cola Spiced in 2024 due to poor resonance with health-aware younger consumers.
Key Market Players
- Kerry Group PLC
- Tate & Lyle
- Concord Foods
- Sensient Technologies Corporation
- Fuerst Day Lawson Ltd.
- Monin Inc.
- Toschi Vignola
- R. Torre & Company Inc.
- Sensory Effects Flavor Systems
- The Hershey Company
Report Scope:
In this report, the Global Flavored Syrup Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Flavored Syrup Market, By Flavor:
- Chocolate
- Fruit
- Coffee
- Vanilla
- Herbs & Seasonings
- Others
Flavored Syrup Market, By Flavor Type:
- Salty
- Sweet
- Sour
- Savory
- Mint
Flavored Syrup Market, By Application:
- Beverage
- Confectionery
- Bakery
- Dairy & Frozen Desserts
Flavored Syrup Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Flavored Syrup Market.
Available Customizations:
Global Flavored Syrup Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Flavored Syrup Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Flavor (Chocolate, Fruit, Coffee, Vanilla, Herbs & Seasonings, Others)
- 5.2.2. By Flavor Type (Salty, Sweet, Sour, Savory, Mint)
- 5.2.3. By Application (Beverage, Confectionery, Bakery, Dairy & Frozen Desserts)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
- 5.3. Market Map
6. North America Flavored Syrup Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Flavor
- 6.2.2. By Flavor Type
- 6.2.3. By Application
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Flavored Syrup Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Flavor
- 6.3.1.2.2. By Flavor Type
- 6.3.1.2.3. By Application
- 6.3.2. Canada Flavored Syrup Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Flavor
- 6.3.2.2.2. By Flavor Type
- 6.3.2.2.3. By Application
- 6.3.3. Mexico Flavored Syrup Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Flavor
- 6.3.3.2.2. By Flavor Type
- 6.3.3.2.3. By Application
7. Europe Flavored Syrup Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Flavor
- 7.2.2. By Flavor Type
- 7.2.3. By Application
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Flavored Syrup Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Flavor
- 7.3.1.2.2. By Flavor Type
- 7.3.1.2.3. By Application
- 7.3.2. France Flavored Syrup Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Flavor
- 7.3.2.2.2. By Flavor Type
- 7.3.2.2.3. By Application
- 7.3.3. United Kingdom Flavored Syrup Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Flavor
- 7.3.3.2.2. By Flavor Type
- 7.3.3.2.3. By Application
- 7.3.4. Italy Flavored Syrup Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Flavor
- 7.3.4.2.2. By Flavor Type
- 7.3.4.2.3. By Application
- 7.3.5. Spain Flavored Syrup Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Flavor
- 7.3.5.2.2. By Flavor Type
- 7.3.5.2.3. By Application
8. Asia Pacific Flavored Syrup Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Flavor
- 8.2.2. By Flavor Type
- 8.2.3. By Application
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Flavored Syrup Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Flavor
- 8.3.1.2.2. By Flavor Type
- 8.3.1.2.3. By Application
- 8.3.2. India Flavored Syrup Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Flavor
- 8.3.2.2.2. By Flavor Type
- 8.3.2.2.3. By Application
- 8.3.3. Japan Flavored Syrup Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Flavor
- 8.3.3.2.2. By Flavor Type
- 8.3.3.2.3. By Application
- 8.3.4. South Korea Flavored Syrup Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Flavor
- 8.3.4.2.2. By Flavor Type
- 8.3.4.2.3. By Application
- 8.3.5. Australia Flavored Syrup Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Flavor
- 8.3.5.2.2. By Flavor Type
- 8.3.5.2.3. By Application
9. Middle East & Africa Flavored Syrup Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Flavor
- 9.2.2. By Flavor Type
- 9.2.3. By Application
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Flavored Syrup Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Flavor
- 9.3.1.2.2. By Flavor Type
- 9.3.1.2.3. By Application
- 9.3.2. UAE Flavored Syrup Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Flavor
- 9.3.2.2.2. By Flavor Type
- 9.3.2.2.3. By Application
- 9.3.3. South Africa Flavored Syrup Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Flavor
- 9.3.3.2.2. By Flavor Type
- 9.3.3.2.3. By Application
10. South America Flavored Syrup Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Flavor
- 10.2.2. By Flavor Type
- 10.2.3. By Application
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Flavored Syrup Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Flavor
- 10.3.1.2.2. By Flavor Type
- 10.3.1.2.3. By Application
- 10.3.2. Colombia Flavored Syrup Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Flavor
- 10.3.2.2.2. By Flavor Type
- 10.3.2.2.3. By Application
- 10.3.3. Argentina Flavored Syrup Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Flavor
- 10.3.3.2.2. By Flavor Type
- 10.3.3.2.3. By Application
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Flavored Syrup Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Kerry Group PLC
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Tate & Lyle
- 15.3. Concord Foods
- 15.4. Sensient Technologies Corporation
- 15.5. Fuerst Day Lawson Ltd.
- 15.6. Monin Inc.
- 15.7. Toschi Vignola
- 15.8. R. Torre & Company Inc.
- 15.9. Sensory Effects Flavor Systems
- 15.10. The Hershey Company
16. Strategic Recommendations
17. About Us & Disclaimer