Flavoring Syrup and Concentrate Market Report 2025

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.

The growth of the flavoring syrup and concentrate market is anticipated to be driven by the increasing rise of e-commerce. This trend is propelled by various factors, including greater internet accessibility, the convenience of online shopping, increased mobile device usage, faster delivery options, and a wider range of products available to consumers. E-commerce encompasses the buying and selling of goods and services over the internet, with platforms facilitating the sale and distribution of flavoring syrups and concentrates. These platforms provide consumers with easy access to a diverse array of flavors from global brands, enabling businesses to expand their customer reach. For example, in August 2023, the United States Census Bureau, a US-based government agency, reported that e-commerce estimates for the second quarter of 2023 increased by 7.5% (or 1.4%) compared to the second quarter of 2022, while overall retail sales saw a rise of 0.6% (or 0.4%). Notably, online stores accounted for 15.4% of all sales during the second quarter of 2023. Therefore, the rising trend of e-commerce is driving the growth of the flavoring syrup and concentrate market.

Anticipated growth in the food service industry is set to drive the flavoring syrup and concentrate market. The food service industry encompasses businesses crucial for the preparation and distribution of food products beyond the home. Flavored syrups play a significant role in enhancing the taste of various food and beverage items in this industry. For instance, a USA Today article in August 2023 reported that the U.S. restaurant industry achieved $898 billion in sales in 2022, marking a $166.5 billion increase from 2021. Consequently, the expansion of the food service industry is a key factor fueling the growth of the flavoring syrup and concentrate market.

Syrup and concentrate manufacturers are increasingly incorporating natural and organic ingredients into their product offerings. Products featuring innovative flavors, enriched nutritional profiles, and reduced sugar content are gaining traction among health-conscious consumers. For instance, in March 2022, PepsiCo, a U.S.-based food, snack, and beverage corporation, introduced Maple Syrup cola, combining a delightful maple syrup flavor profile with the crisp, refreshing caramel notes of Pepsi.

Major companies in the market are concentrating on launching new flavors, such as pancake-inspired IHOP syrup, to meet changing consumer preferences and enhance the overall breakfast experience. Pancake-inspired IHOP syrup refers to the signature syrups provided by the International House of Pancakes (IHOP), a US-based multinational pancake house chain, specifically designed to complement their pancakes and other breakfast dishes. For example, in July 2024, Kraft Heinz Company, a US-based food manufacturer, introduced IHOP Original and Butter Pecan Syrups. These syrups are crafted to bring the beloved flavors of pancakes into homes, allowing consumers to recreate a restaurant-quality breakfast experience. The Original Syrup is formulated to pair well with pancakes, waffles, and French toast, while the Butter Pecan Syrup offers a rich, nutty flavor that adds a unique twist to traditional breakfast items. Both syrups are made without high-fructose corn syrup and use the same flavor ingredients found in IHOP restaurants, ensuring quality and authenticity.

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.

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. The countries covered in the flavoring syrup and concentrate market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The flavoring syrup and concentrate market consists of sales of fruit syrup, honey, chocolate syrup, maple syrup, sugarcane molasses, sugarbeets molasses, apple butter spread, honey spread, chocolate spread, pectin, sweeteners, essence, olive spread, garlic butter spread, nut spread. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Flavoring syrup and concentrate are thick, viscous liquids created by dissolving sugar in water or by reducing sweet juices, frequently enriched with natural or artificial flavors. Flavoring syrups are generally composed of sugar or artificial sweeteners, water, and flavor extracts. Concentrates, on the other hand, are more potent forms of flavoring, typically containing a higher concentration of flavor compounds.

The primary types of flavoring syrup and concentrate utilized for enhancing taste include syrups, molasses, sweet spreads, jams, jellies, preservatives, and savory spreads. Molasses, extracted from raw sugar during the sugar manufacturing process, is a dense, dark to light brown syrup. Flavors such as fruit, chocolate, vanilla, coffee, herbs & seasonings, and others are employed in various applications such as beverages, dairy & frozen desserts, confectionery, and bakery products. The distribution of these products is carried out through diverse channels such as supermarkets and hypermarkets, convenience stores, e-commerce, and other distribution channels.

The flavoring syrup and concentrate research report is one of a series of new reports that provides flavoring syrup and concentrate statistics, including global market size, regional shares, competitors with flavoring syrup and concentrate shares, detailed flavoring syrup and concentrate segments, market trends and opportunities, and any further data you may need to thrive in the flavoring syrup and concentrate industry. This flavoring syrup and concentrate research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.