Tuesday, 02 January 2024 12:17 GMT

Investment/Growth Opportunities In The ~$70 Billion Flavored Syrup Market, 2030 - Reduced-Sugar And Natural Sweetener Trends Reshape The Landscape


(MENAFN- GlobeNewsWire - Nasdaq) The flavored syrup market is poised for growth due to increasing consumer demand for flavor customization and the expanding foodservice industry. Key opportunities include targeting younger demographics with exotic flavors, and capitalizing on health trends by introducing reduced-sugar and natural sweetener options.

Dublin, Dec. 02, 2025 (GLOBE NEWSWIRE) -- The "Flavored Syrup Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets's offering.

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. 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.

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 Profiled:

  • 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:

By Flavor:

  • Chocolate
  • Fruit
  • Coffee
  • Vanilla
  • Herbs & Seasonings
  • Others

By Flavor Type:

  • Salty
  • Sweet
  • Sour
  • Savory
  • Mint

By Application:

  • Beverage
  • Confectionery
  • Bakery
  • Dairy & Frozen Desserts

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Key Attributes

Report Attribute Details
No. of Pages 180
Forecast Period 2024-2030
Estimated Market Value (USD) in 2024 $55.64 Billion
Forecasted Market Value (USD) by 2030 $69.87 Billion
Compound Annual Growth Rate 3.8%
Regions Covered Global

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  • Flavored Syrup Market
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