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Flavoured Syrups Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2021

 



(Entertainment-NewsWire.com, January 11, 2017 ) There is an increasing demand for syrups as a sweetening agent in the food and beverage industry, owing to increasing number of problems with ingestion of processed foodstuff. Syrup is a dense mix of sugar and water usually medicinal or flavoured, or the accumulated juice of a fruit or plant.

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Syrups are widely used in the food and beverage and the pharmaceutical industries due to their additional advantages. Most regular types of syrups are coffee, chocolate, vanilla, fruit, palm and maple. Syrups are used not only for enhancing sweetness in food items but also used as natural preservative to limit water activity.

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Global Flavoured Syrups market is driven by factors such as growing consumer demand for a number of flavours in food products, increasing demand for custom-made flavours, and increasing user predilection towards ready-to-eat foods. The potential for growth is high in in developing markets and untouched regions. The key restraints of the flavoured syrup market are high sugar level in synthetic sweeteners which lead to health problems, competition from sweet spreads and non-traditional sweet frostings, such as jams, preserves and chocolate spreads, which are grabbing up a significant part of the market and posing competition to the syrups.

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Segmentation:
1) Based on Flavour:
• Chocolate
• Coffee
• Herbs & Seasonings
• Vanilla
• Fruit
• Maple
• Malt
• Palm
• Others

2) Based on Flavour Type:

• Salty
• Sour
• Mint
• Savoury
• Sweet

3) Based on Application:

• Dairy & Frozen Desserts
• Bakery
• Confectionery
• Beverage
• Others

4) Geographical Segmentation:
• North America Flavored Syrups Market
• Europe Flavored Syrups Market
• Asia-Pacific Flavored Syrups Market
• Latin America Flavored Syrups Market
• Middle East and Africa Flavored Syrups Market

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The key players operating in the Flavoured Syrups market are Hershey, Tate & Lyle, Kraft Heinz Company, Monin Inc., Kerry Group Plc., Sonoma Syrup, Cedarvale Maple Syrup, and Sensient Technologies Corporation.

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