Syrup Market - Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type, By Sales Channel, By Region & Competition, 2020-2030F

Description

Global Syrup Market was valued at USD 3.18 billion in 2024 and is expected to grow to USD 4.27 billion by 2030 with a CAGR of 5.08% during the forecast period. The global syrup market is witnessing steady growth, driven by increasing consumer demand for flavored beverages, desserts, and convenience foods. Syrups are widely used across foodservice outlets, bakeries, and household kitchens for their versatility and ease of use. Health-conscious trends have led to the introduction of low-sugar, organic, and natural ingredient-based syrups, attracting a broader customer base. Moreover, the rise of premium and artisanal syrups is gaining traction, especially in gourmet cooking and specialty coffee markets. According to the Food and Agriculture Organization (FAO) of the United Nations, global sugar consumption reached over 174 million metric tons in 2023, underscoring the ongoing demand for sweetened food and beverage products, including syrups. Technological advancements in processing and packaging are further enhancing product shelf life and quality, supporting market expansion across developed and emerging regions alike.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 3.18 Billion
Market Size 2030	USD 4.27 Billion
CAGR 2025-2030	5.08%
Fastest Growing Segment	Online
Largest Market	North America

Key Market Drivers

Growing Demand for Flavored Beverages and Desserts

One of the primary drivers of the global syrup market is the increasing consumption of flavored beverages and desserts. Syrups are widely used in coffee, tea, cocktails, milkshakes, smoothies, and carbonated drinks to enhance flavor and aroma. In recent years, global coffee chains, quick service restaurants (QSRs), and specialty cafes have expanded their menus to include a wide range of syrup-based beverages, catering to evolving consumer preferences. Flavored syrups such as vanilla, hazelnut, caramel, chocolate, and fruit varieties have become essential in beverage customization. Additionally, desserts like waffles, pancakes, ice cream, and crepes frequently feature syrups as toppings, further boosting market demand. According to the Specialty Coffee Association (SCA), 67% of cafes globally now incorporate flavored syrups in their drink offerings. The rising trend of food personalization and the desire for unique flavor experiences among millennials and Gen Z consumers are fueling syrup consumption across foodservice channels. As dining out and at-home indulgence continue to rise, the use of syrups as a key flavoring agent is expected to grow.

Key Market Challenges

Health Concerns Related to Sugar Content

One of the most significant challenges facing the global syrup market is the growing concern over the health impacts of excessive sugar consumption. Traditional syrups, particularly those used in beverages and desserts, are often high in refined sugars and artificial sweeteners, which are linked to obesity, type 2 diabetes, heart disease, and other health conditions. As public awareness of these health risks increases, many consumers are reducing their sugar intake or eliminating sugar-laden products altogether. Governments and health organizations around the world have launched campaigns to combat sugar consumption, including implementing sugar taxes on sweetened beverages and processed foods. These regulations not only affect consumer buying behavior but also place pressure on manufacturers to reformulate products without compromising on taste or texture. While low-calorie and sugar-free syrup alternatives are emerging, they still face challenges in gaining mass appeal due to taste differences, higher cost, and limited availability in certain markets. This health-driven shift represents a persistent barrier to the traditional syrup segment.

Key Market Trends

Rise of Functional and Wellness-Oriented Syrups

The growing interest in functional foods and beverages has spurred the development of syrups that offer added health benefits beyond sweetness and flavor. Functional syrups are being enriched with vitamins, minerals, herbal extracts, probiotics, adaptogens, and immune-boosting ingredients. Popular examples include elderberry syrups for immune support, ginger and turmeric syrups for anti-inflammatory benefits, and melatonin-infused syrups for promoting better sleep. These wellness-focused offerings appeal to consumers looking for convenient and enjoyable ways to support their health through daily routines. As consumers increasingly adopt preventive healthcare practices, the market for functional syrups is expanding rapidly, especially in North America, Europe, and parts of Asia. Brands are also leveraging scientific research and clinical studies to support their product claims, enhancing credibility and consumer trust. This trend is creating opportunities for product differentiation and premium pricing in both retail and online channels.

Key Market Players

The Hershey Company
Nestle S.A
The Kroger Co.
The J.M. Smucker Co.
Wilderness Family Naturals
Conagra Brands Inc.
Hollander Chocolate, Inc
Ciranda, Inc.
Cargill, Incorporated
The Kraft Heinz Company

Report Scope:

In this report, the Global Syrup Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Syrup Market, By Product Type:

Chocolate Syrup
Maple Syrup
Tapioca Syrup
Fruit Syrup
Others

Syrup Market, By Sales Channel:

Supermarket/Hypermarket
Grocery Stores
Convenience Stores
Online
Others

Syrup Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia-Pacific
- China
- Japan
- India
- South Korea
- Indonesia
South America
- Argentina
- Colombia
- Brazil
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Syrup Market.

Available Customizations:

Global Syrup Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Introduction

1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered

2. Research Methodology

2.1. Methodology Landscape
2.2. Objective of the Study
2.3. Baseline Methodology
2.4. Formulation of the Scope
2.5. Assumptions and Limitations
2.6. Sources of Research
2.7. Approach for the Market Study
2.8. Methodology Followed for Calculation of Market Size & Market Shares
2.9. Forecasting Methodology

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

4.1. Brand Awareness
4.2. Factors Influence Purchase Decision

5. Global Syrup Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Product Type (Chocolate Syrup, Maple Syrup, Tapioca Syrup, Fruit Syrup, Others)
- 5.2.2. By Sales Channel (Supermarket/Hypermarket, Grocery Stores, Convenience Stores, Online, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
5.3. Market Map

6. North America Syrup Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Sales Channel
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Syrup Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Product Type
    - 6.3.1.2.2. By Sales Channel
- 6.3.2. Canada Syrup Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Product Type
    - 6.3.2.2.2. By Sales Channel
- 6.3.3. Mexico Syrup Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Product Type
    - 6.3.3.2.2. By Sales Channel

7. Europe Syrup Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Sales Channel
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. France Syrup Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Product Type
    - 7.3.1.2.2. By Sales Channel
- 7.3.2. Germany Syrup Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Product Type
    - 7.3.2.2.2. By Sales Channel
- 7.3.3. Spain Syrup Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Product Type
    - 7.3.3.2.2. By Sales Channel
- 7.3.4. Italy Syrup Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Product Type
    - 7.3.4.2.2. By Sales Channel
- 7.3.5. United Kingdom Syrup Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Product Type
    - 7.3.5.2.2. By Sales Channel

8. Asia-Pacific Syrup Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Sales Channel
- 8.2.3. By Country
8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Syrup Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Product Type
    - 8.3.1.2.2. By Sales Channel
- 8.3.2.Japan Syrup Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Product Type
    - 8.3.2.2.2. By Sales Channel
- 8.3.3. India Syrup Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Product Type
    - 8.3.3.2.2. By Sales Channel
- 8.3.4. South Korea Syrup Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Product Type
    - 8.3.4.2.2. By Sales Channel
- 8.3.5. Indonesia Syrup Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Product Type
    - 8.3.5.2.2. By Sales Channel

9. Middle East & Africa Syrup Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Sales Channel
- 9.2.3. By Country
9.3. MEA: Country Analysis
- 9.3.1. South Africa Syrup Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Product Type
    - 9.3.1.2.2. By Sales Channel
- 9.3.2. Saudi Arabia Syrup Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Product Type
    - 9.3.2.2.2. By Sales Channel
- 9.3.3. UAE Syrup Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Product Type
    - 9.3.3.2.2. By Sales Channel
- 9.3.4. Turkey Syrup Market Outlook
  - 9.3.4.1. Market Size & Forecast
    - 9.3.4.1.1. By Value
  - 9.3.4.2. Market Share & Forecast
    - 9.3.4.2.1. By Product Type
    - 9.3.4.2.2. By Sales Channel

10. South America Syrup Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Sales Channel
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Syrup Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Product Type
    - 10.3.1.2.2. By Sales Channel
- 10.3.2. Argentina Syrup Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Product Type
    - 10.3.2.2.2. By Sales Channel
- 10.3.3. Colombia Syrup Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Product Type
    - 10.3.3.2.2. By Sales Channel

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Disruptions: Conflicts, Pandemics and Trade Barriers

14. Porters Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Company Profiles
- 15.1.1. The Hershey Company
  - 15.1.1.1. Business Overview
  - 15.1.1.2. Company Snapshot
  - 15.1.1.3. Products & Services
  - 15.1.1.4. Financials (As Per Availability)
  - 15.1.1.5. Key Market Focus & Geographical Presence
  - 15.1.1.6. Recent Developments
  - 15.1.1.7. Key Management Personnel
- 15.1.2. Nestle S.A
- 15.1.3. The Kroger Co.
- 15.1.4. The J.M. Smucker Co.
- 15.1.5. Wilderness Family Naturals
- 15.1.6. Conagra Brands Inc.
- 15.1.7. Hollander Chocolate, Inc
- 15.1.8. Ciranda, Inc.
- 15.1.9. Cargill, Incorporated
- 15.1.10. The Kraft Heinz Company