PUBLISHER: The Business Research Company | PRODUCT CODE: 1712599
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712599
Syrup, seasoning, oils, and general food encompass the realm of food production involving flavoring syrups and concentrates, seasonings and dressings, vegetable oils, and a variety of general food products. Companies within this industry engage in the packaging and distribution of their products, serving both individual consumers and commercial establishments. The syrup, seasoning, oils, and general food market is typically categorized into segments such as flavoring syrup and concentrate, seasonings and dressings, and fats and oils.
The primary product categories within this industry include flavored syrup and concentrate, seasoning and dressing, and fats and oils. Flavoring syrup and concentrate are essentially chemical concentrates designed to replicate a wide range of food and beverage flavors. Various distribution channels are employed to reach customers, including supermarkets, hypermarkets, convenience stores, e-commerce platforms, and other distribution channels. These products are used in a variety of applications, including food processing and others.
The syrup, seasoning, oils, and general food research report is one of a series of new reports from The Business Research Company that provides syrup, seasoning, oils, and general food statistics, including syrup, seasoning, oils, and general food industry global market size, regional shares, competitors with syrup, seasoning, oils, and general food shares, detailed syrup, seasoning, oils, and general food segments, market trends and opportunities, and any further data you may need to thrive in the syrup, seasoning, oils, and general food industry. This syrup, seasoning, oils, and general food 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 syrup, seasoning, oils, & general food market size has grown strongly in recent years. It will grow from $405.71 billion in 2024 to $434.41 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to culinary traditions, cooking convenience, agricultural production, global food trade, health and dietary preferences.
The syrup, seasoning, oils, & general food market size is expected to see strong growth in the next few years. It will grow to $565.89 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to health and wellness trends, sustainability and eco-friendly packaging, diverse flavor profiles, digital marketing and e-commerce, clean label and natural ingredients. Major trends in the forecast period include plant-based and vegan products, artisan and craft flavors, gourmet and premium oils, spice blends and international flavors, customized and personalized products.
The growing demand for processed food products is expected to drive the market for syrups, seasonings, oils, and general food in the future. Processed foods, such as sauces, seasonings, and ready-to-eat meals, offer convenience and time-saving benefits for consumers. With today's fast-paced lifestyles, many people look for quick and easy meal options. Syrups, seasonings, and oils are key ingredients in numerous processed and convenience foods, making them essential to the market. For example, in August 2024, Cognitive Market Research, a US-based industry research and consulting firm, reported that disposable personal income (DPI) increased by $68.6 billion (0.4 percent), and personal consumption expenditures (PCE) rose by $19.8 billion (0.1 percent) in November 2022. This has contributed to a rise in the consumption of instant foods. As a result, the growing demand for processed food products is fueling the market for syrups, seasonings, oils, and general food.
The growing demand for new and unique flavors is expected to drive the expansion of the syrup, seasoning, oils, and general food market. Consumers' desire for novel taste experiences encourages product innovation, the development of diverse flavor profiles, and greater customization. This trend promotes culinary exploration, fosters brand competition, and ultimately broadens the market as consumers seek exciting and distinctive flavor options in their food and beverages. For example, in September 2022, Simpsons Beverage Supply Co Ltd, a UK-based flavor manufacturing company, reported that around 80% of coffee enthusiasts personalize their beverages, often using flavored coffee syrups. As a result, the increasing demand for new and unique flavors is fueling the growth of the syrup, seasoning, oils, and general food market moving forward.
To address these challenges, seasoning manufacturing companies are adopting software tools to streamline operations, covering aspects such as product development, formulation, planning, procurement, production, quality, and sales. For instance, BatchMaster Software Pvt Ltd provides Enterprise Resource Planning (ERP) software, enabling businesses to collect, manage, and analyze data from various activities in real-time for efficient functioning. Everson Spice Co. is one example of a company effectively using ERP software to enhance its operations.
Major players in the syrup, seasoning, oils, and general food market are focusing on developing organic syrups to gain a competitive edge. Organic syrups are sweetening agents produced from organically grown and processed ingredients following organic farming standards. These syrups are free from synthetic pesticides, herbicides, and genetically modified organisms (GMOs). For instance, Singing Dog Vanilla, a US-based organic vanilla extract manufacturer, introduced Organic Vanilla Syrup in August 2022, made with double-strength organic vanilla extract. This premium sweetener offers 25% more vanilla content than regular syrups, catering to various dietary preferences as it is non-GMO, Fair Trade Plus+, USDA Organic, vegan, and allergen-friendly. It enhances the flavor of beverages, including coffee, tea, cocktails, and more, making it a desirable choice for consumers seeking organic and high-quality options.
Major companies operating in the syrup, seasoning, oils, & general food market include Archer-Daniels-Midland Company (ADM), Wilmar International Ltd., The Coca-Cola Company, Bunge Limited, Musim Mas Group, Unilever PLC, The Kraft Heinz Company, McCormick & Company, Kikkoman Corporation, Mewah International Inc., Nestle India Ltd., Del Monte Fresh Produce Ltd., Dali Foods Group Co. Ltd., Danone Group, Hangzhou Wahaha Group Co. Ltd., Nongfu Spring, China Haisheng Juice Holdings Co Ltd., Beijing Huiyuan Food and Beverage Co. Ltd., Associated British Foods PLC, Arla Foods amba, Greencore Convenience Foods, LVMH Moet Hennessy Louis Vuitton, Groupe Lactalis, Sudzucker AG, Tonnies Group, Dr. August Oetker Nahrungsmittel KG, KHS Group, EAT 'N' JOY Foods Private Limited, Cargill India Pvt. Ltd., The Hershey Company, The J.M. Smucker Company., The Clorox Company Ltd., PepsiCo Inc., General Mills Inc.
Asia-Pacific was the largest region in the syrup, seasoning, oils, & general food market in 2024. Western Europe was the second-largest region in the syrup, seasoning, oils, & general food market. The regions covered in the syrup, seasoning, oils, & general food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the syrup, seasoning, oils, & general food 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 syrup, seasoning, oils, and general food market consists of sales of seasoning products, natural oils, and bakery food. The companies in the food and beverages industry process raw materials into food, pet food, and tobacco products, package and distribute them through various distribution channels to both on-trade and off-trade establishments. 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.
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.
Syrup, Seasoning, Oils, & General Food Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on syrup, seasoning, oils, & general food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for syrup, seasoning, oils, & general food ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The syrup, seasoning, oils, & general food market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.