Global flavored syrup market projected to reach $89.48 billion by 2034 with demand driven by home mixology.

From GlobeNewswire: 2025-02-06 09:31:00

The global flavored syrup market is projected to grow at a CAGR of 5.2%, reaching $89.48 billion by 2034. Mixology and home bartending are driving demand for a variety of flavors like fruit, chocolate, and coffee. North America leads in sales, but East Asia is expected to surpass it in the next decade.

Customers are creating mocktails and cocktails at home using flavored syrups. Demand is high for a range of flavors including fruit, chocolate, vanilla, and herbs. North America holds a significant market share, while East Asia is expected to see strong growth in the coming years.

Key takeaways from the market study include a projected CAGR of 5.2% from 2024 to 2034, with direct sales reaching $27.96 billion by 2034. North America accounts for 24.8% of the market share, with the U.S. forecasted to generate $10.94 billion in revenue by 2024. East Asia is expected to see a CAGR of 5.6% between 2024 and 2034.

Leading players in the flavored syrup market include Monin Inc., Starbucks, and The Hershey Company. Flavored syrups are increasingly used in beverages, dairy & frozen desserts, and bakery & confectionery. Growing consumer interest in custom flavors is fueling market growth.

Recent industry news includes Torani releasing a Dragon Fruit Syrup, Jordan’s Skinny Mixes introducing a Pumpkin Spice syrup, and Singing Dog Vanilla launching an organic vanilla syrup. Mrs. Butterworth partnered with Post to create a Fruity Pebbles Flavored Pancake Syrup.

For more insights on the market and to request a sample report, visit the Fact.MR website. The company provides unbiased analysis of the flavored syrup market, offering historical data and forecast statistics from 2019 to 2034.

Other related studies from Fact.MR cover the organic rice syrup market, global demand for rice syrup, the glucose syrup market, the global date syrup market, and the high maltose syrup market. The company aims to provide valuable insights to help businesses navigate market challenges and capitalize on emerging opportunities.



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