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

By Type;

Chocolate Syrup, Maple Syrup, High Fructose Corn Syrup, Malt Syrup, Tapioca Syrup, Honey, Fruit Syrup, and Others.

By Product type;

Natural, and Synthetic.

By Distribution Channel;

Supermarket and Hypermarket, Convenience Store, Online, Retail Stores, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn641243533 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Syrup Market (USD Million), 2021 - 2031

In the year 2024, the Global Syrup Market was valued at USD 55,767.05 million. The size of this market is expected to increase to USD 73,881.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.

The global syrup market has witnessed significant growth in recent years, driven by the increasing demand for flavored beverages, desserts, and food products. Syrups are thick, sweet liquids made by dissolving sugar or other sweeteners in water or other liquids and are widely used in the food and beverage industry. The market includes various types of syrups, such as maple syrup, fruit syrup, honey, chocolate syrup, and sugar syrups, each catering to different culinary applications. Syrups are not only used as sweeteners but also as flavor enhancers and preservatives in many food products, contributing to the overall expansion of the market.

The rise in consumer preferences for natural and organic ingredients has led to an increased demand for syrups made from natural sources like fruits, agave, and honey. Additionally, the growing awareness regarding health and wellness has led to the introduction of sugar-free and low-calorie syrups, expanding the market's offerings to cater to health-conscious consumers. With the changing lifestyles and increasing disposable incomes, syrups have found wide applications beyond traditional uses, including in cocktails, baked goods, dairy products, and even in the pharmaceutical industry as a base for medicines.

As the demand for convenience and ready-to-use food products continues to grow, syrup consumption has surged in both developed and emerging economies. The market is witnessing innovative product developments, such as organic and gourmet syrups, along with the growth of e-commerce platforms, making syrup products more accessible to a wider audience. The growing popularity of flavored syrups in beverages and the trend of incorporating diverse flavors into everyday meals are expected to further fuel the growth of the global syrup market. This evolution in consumer tastes, coupled with advancements in production and distribution channels, is set to shape the future of the syrup market in the coming years.

  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 Product Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Syrup Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Flavored Beverages
        2. Growing Popularity of Organic and Natural Ingredients
        3. Rising Consumer Preference for Convenience Foods
      2. Restraints
        1. Health Concerns Related to Sugar Content
        2. Volatility in Raw Material Prices
        3. Stringent Regulatory Standards
      3. Opportunities
        1. Rising Demand for Sugar-Free and Low-Calorie Syrups
        2. Expansion of E-commerce for Syrup Sales
        3. Innovations in Syrup Flavors and Product Variety
    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 Syrup Market, By Type, 2021 - 2031 (USD Million)
      1. Chocolate Syrup
      2. Maple Syrup
      3. High Fructose Corn Syrup
      4. Malt Syrup, Tapioca Syrup
      5. Honey, Fruit Syrup
      6. Others
    2. Global Syrup Market, By Product Type, 2021 - 2031 (USD Million)
      1. Natural
      2. Synthetic
    3. Global Syrup Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarket and Hypermarket
      2. Convenience Store
      3. Online,
      4. Retail Stores
      5. Others
    4. Global Syrup 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. The Hershey Company
      2. Monin
      3. Torani
      4. DaVinci Gourmet
      5. Fuerst Day Lawson (FDL)
      6. Kerry Group
      7. Sensient Technologies Corporation
      8. Concord Foods
      9. Mocafe
      10. Amoretti
      11. Ghirardelli Chocolate Company
      12. Tate & Lyle PLC
  7. Analyst Views
  8. Future Outlook of the Market