Middle East and Africa Flavored Syrup Market 2019-2027 - Review by Manufacturers - Amoretti, Archer Daniels Midland Company, ASR Group, Kerry Group
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Middle East and Africa Flavored Syrup Market to 2027 - Regional Analysis and Forecasts by Flavor (Fruit, Chocolate, Vanilla, Herbs & Seasonings, and Others); Flavor Type (Sweet, Salty & Savory, Sour, and Mint); Application (Beverages, Dairy & Frozen Desserts, Confectionery, Bakery, and Others)
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Main market players mentioned in the report: -
Archer Daniels Midland Company
Small Hand Foods
Sonoma Syrup Co.
Sunny Sky Products, LLC
The Hershey Company
The Middle East and Africa flavored syrup market is accounted to US$ 2,068.4 Mn in 2018 and is expected to grow at a CAGR of 4.5% during the forecast period 2019 – 2027, to account to US$ 3,065.2 Mn by 2027. Flavored syrups are produced by mixing natural or artificial flavoring agents with sugar and water to obtain a concentrate. These syrups are used to modify the tastes of various food and beverages, such as coffee, frozen desserts, pancakes, and waffles. Growing consumer demand for convenience foods and rising application of flavored syrup in the food & beverage and pharmaceutical industries are the prominent factors boosting the flavored syrup market growth.
However, health risk associated with the presence of high sugar content in the flavored syrup hampers market growth. Moreover, the significant shift of consumer preference toward sugar-free products and availability of a variety of sugar-free flavored syrups provide lucrative growth opportunities for the growth of Middle East and Africa flavored syrup market.
Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa flavored syrups market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Apart from their application in the food and beverage industries, these syrups are also used in the pharmaceutical industry. They are added to medicines and syrups to make them palatable and augment their medicinal actions. The flavoring of the oral medications is a significant concern for the pharmaceutical companies as the oral medications serve to affect quicker as compared to the solid dosages. Flavored syrups help in masking the bitter taste of the formulation that helps in easy intake in the case of kids and adolescents. The flavored syrups help in achieving a thicker solution and enhance its flavor too. Flavored syrups add pleasantly flavored substances to the medicinal syrups such as cherry syrup, acacia syrup, etc.
Growing demand for flavored syrup from food beverages and pharmaceutical industries is driving the growth of the Middle East and Africa flavored syrup market. The growth of the Middle East and Africa flavored syrup market is primarily attributed to the rising demand for customized flavors in the food and beverage industry. The use of flavored syrups as a taste enhancer and sweetener is gaining increased attention among the manufacturers across the industry. Dairy and bakery products also use these syrups, and desserts, among others, to enhance or modify tastes. The syrups are also added as toppings in various food items to produce better food content. These syrups are also used in the pharmaceutical industry. They are added to medicines and syrups to make them palatable and augment their medicinal actions
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Table of Content
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Flavored Syrup Market, By Flavor
1.3.2 MEA Flavored Syrup Market, By Flavor Type
1.3.3 MEA Flavored Syrup Market, By Application
1.3.4 MEA Flavored Syrup Market, By Country
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Mea Flavored Syrup Market Landscape
4.1 Market Overview
4.2 Pest Analysis
4.2.1 Middle East and Africa Flavored Syrup Market: PEST Analysis
4.3 Expert Opinions
5. Us Flavored Syrup Market Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Growing consumer demand for convenience foods
5.1.2 Growing demand for flavored syrup from food beverages and pharmaceutical industries
5.2.1 Health hazards posed by presence of high sugar content
5.3.1 Rising focus toward development of health-centric flavored syrups
5.4 Future Trends
5.4.1 Growing consumer inclination toward sugar-free products
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