Global Sugar Syrups Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Glucose Syrup, Maple Syrup, Corn Syrup, and Others.

By Application;

Beverages, Bakery & Confectionary, Dairy & Frozen Desserts, and Others.

By Distribution Channel;

Store Based and Non-Store Based.

By End-Users;

Supermarkets, Hypermarkets, E-commerce, Convenience stores, Speciality retailers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn106410130 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sugar Syrups Market (USD Million), 2021 - 2031

In the year 2024, the Global Sugar Syrups Market was valued at USD 2,712.10 million. The size of this market is expected to increase to USD 3,984.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The global syrup market has witnessed steady growth in recent years due to the rising demand for natural sweeteners, increasing popularity of processed food, and a growing inclination toward innovative and diverse syrups for various applications. Syrups are viscous solutions, primarily composed of sugar or sweeteners dissolved in water, often flavored and used in beverages, food preparations, confectionery, and a variety of other products. Syrups such as glucose syrup, corn syrup, and maple syrup are gaining traction due to their ability to provide sweetness, texture, and flavor in a wide range of food and beverage items.

In recent years, there has been a surge in the demand for healthier food alternatives, contributing to the increasing popularity of syrups made from organic or natural ingredients. Moreover, the growing trend toward home baking and cooking, fueled by social media platforms and health-conscious consumers, has significantly increased syrup consumption in households. Additionally, syrups are gaining popularity in the beverage industry, especially in the production of soft drinks, energy drinks, and flavored water. They are also widely used in dairy products such as ice cream, yogurt, and milk-based beverages, providing smooth textures and an enhanced taste.

As consumer preferences shift toward clean-label ingredients and sustainable sourcing, syrup manufacturers are innovating by offering healthier versions with lower sugar content, organic or non-GMO certifications, and more sustainable packaging. This has led to the emergence of syrups made from natural sources such as maple, agave, and coconut, which are seen as more nutritious and environmentally friendly compared to traditional high-fructose corn syrup (HFCS). The market is also benefiting from the growth of the global e-commerce industry, where the convenience of online shopping allows consumers to access a wider variety of syrups and related products.

Geographically, the syrup market is experiencing steady growth across regions, with North America and Europe being the key markets due to the longstanding tradition of syrup consumption in both regions. However, the Asia-Pacific region is expected to experience the fastest growth, driven by rising urbanization, changing dietary habits, and an expanding middle-class population. The global syrup market is competitive, with several key players focusing on strategic collaborations, mergers and acquisitions, and new product innovations to capture a larger market share. This market's future growth is closely linked to trends such as plant-based eating, sugar reduction initiatives, and an overall shift toward more sustainable and ethical production practices in the food industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By End-Users
    5. Market Snapshot, By Region
  4. Global Sugar Syrups Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Natural Sweeteners
        2. Growing Popularity of Processed Food
        3. Health-Conscious Consumer Preferences
        4. Innovation and Product Diversification
      2. Restraints
        1. Rising Raw Material Prices
        2. Regulatory Challenges
        3. Market Saturation in Developed Regions
        4. Health Concerns Over Excessive Sugar Consumption
      3. Opportunities
        1. Emerging Markets in the Asia-Pacific Region
        2. Shift Toward Clean-Label and Organic Products
        3. Expansion of E-Commerce Channels
        4. Rising Trend for Sugar-Free and Low-Calorie Syrups
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sugar Syrups Market, By Type, 2021 - 2031 (USD Million)
      1. Glucose Syrup
      2. Maple Syrup
      3. Corn Syrup
      4. Others
    2. Global Sugar Syrups Market, By Application, 2021 - 2031 (USD Million)
      1. Beverages
      2. Bakery & Confectionary
      3. Dairy & Frozen Desserts
      4. Others
    3. Global Sugar Syrups Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Store Based
      2. Non-Store Based
    4. Global Sugar Syrups Market, By End-Users, 2021 - 2031 (USD Million)
      1. Supermarkets
      2. Hypermarkets
      3. E-commerce
      4. Convenience stores
      5. Speciality retailers
      6. Others
    5. Global Sugar Syrups Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Coca Cola Company
      2. Tereos
      3. Archer Daniels Midland
      4. Cedarvale Maple Syrup
      5. PepsiCo
      6. Sonoma Syrup
      7. Illovo Sugar Ltd.
  7. Analyst Views
  8. Future Outlook of the Market