The global syrup market size reached USD 3.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.9 Billion by 2033, exhibiting a growth rate (CAGR) of 3.61% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 3.5 Billion |
Market Forecast in 2033
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USD 4.9 Billion |
Market Growth Rate 2025-2033 | 3.61% |
Syrup refers to a viscous liquid that mainly comprises of highly concentrated sugar solution added with flavoring agents. It is mostly available in the form of chocolate syrup, maple syrup, fruit syrup, malt syrup, corn syrup, tapioca syrup, flavored syrup, etc. Syrups are primarily adopted as taste enhancers, flavoring agents, food additives, sweeteners, and beverage concentrates. As a result, they are widely utilized in bakery products, frozen desserts, confectioneries, beverages, pharmaceuticals, etc.
The rising urban consumer lifestyles coupled with the growing demand for ready-to-eat food products are primarily driving the use of several condiments, including syrups. Furthermore, the increasing consumption of flavored syrups as toppings and sweeteners with frozen yogurts, desserts, breakfast cereals, beverages, etc., is further catalyzing the global syrup market growth. The rising levels of globalization have led to the increasing adoption of cross cultural food trends, thereby augmenting the product demand across the globe. Furthermore, the increasing popularity of flavored beverages has led to the introduction of newer syrup variants in the food and beverage sector. Moreover, the rising consumer health concerns towards the high glycemic index (GI) of conventional syrups have led to the launch of organic product variants in the market. These organic syrups contain low-calorie formulations with natural flavoring and sweetening agents, thereby experiencing high demand among the health-conscious consumers.
IMARC Group provides an analysis of the key trends in each sub-segment of the global syrup market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on flavor, application and distribution channel.
Breakup by Flavor:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Amoretti, Conagra Brands Inc., Concord Food LLC, The Kraft Heinz Company, Nature’s Way Brands, LLC, NutriFood, PepsiCo Inc., Sonoma Syrup Co. and The Hershey Company.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Flavor, Application, Distribution Channel, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Turkey, Saudi Arabia, South Africa |
Companies Covered | Amoretti, Conagra Brands Inc., Concord Food LLC, The Kraft Heinz Company, Nature’s Way Brands, LLC, NutriFood, PepsiCo Inc., Sonoma Syrup Co. and The Hershey Company |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report: