Press release
Flavoured Syrups market size is expected to reach US$ 56380 million by 2029, growing at a CAGR of 4.1%
Flavoured Syrups Market SizeThe global Flavoured Syrups market size is expected to reach US$ 56380 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029.
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The market is mainly driven by the significant applications of Flavoured Syrups in various end use industries. The expanding demands from the Confectionary & Bakery Products, Dairy & Frozen Desserts, Beverages and Others, are propelling Flavoured Syrups market. Natural, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Synthetic segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Flavoured Syrups market, driven by demand from China, the second largest economy with some signs of stabilising, the Flavoured Syrups market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Key Companies:
The Hershey Company
Kerry Group Plc.
Sensient Technologies Corporation
Tate & Lyle plc
Monin, Inc.
Concord Foods Inc.
Wild Flavors, Inc
By Type
Natural
Synthetic
By Application
Confectionary & Bakery Products
Dairy & Frozen Desserts
Beverages
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