The global flavored syrup market is expected to register high growth in the forecoming years. Major factors driving growth of the global flavored syrup markets is, changing consumer’s preference for different & personalized flavors in food and consumer inclination towards convenience foods & ready-to-eat products.

The global flavored syrup market report has been segmented on the basis of type, application, and region.

On the basis of type, the global flavored syrup market has been segmented into strawberry, chocolate, coffee, mint, vanilla, other including grapes, orange, apple, fruity, etc. The chocolate type of flavored syrup segment is expected to dominate the global flavored syrup market, owing to its application in milkshakes, cold beverages, hot beverages such as tea and coffee, and well as a topping on ice creams, pancakes, waffles, and cakes.

On the basis of application, the global flavored syrup market has been segmented into dairy products & frozen desserts, confectionary & bakery products, beverages, food, and pharmaceuticals. The dairy products & frozen desserts segment is expected to dominate the global flavored syrup market.

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On the basis of region, the global flavored syrup markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

In 2018, North America flavored syrup market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period. This is primarily attributed due to rising disposable income and growing consumers’ preference for artificial or natural taste enhancer in convenience foods. Asia Pacific market is expected to account for highest CAGR in the global flavored syrup market and is expected to maintain its growth over the forecast period.

Key players operating in the global flavored syrup market include Monin Inc., Sensient Technologies Corporation, The Hershey Company, Tate & Lyle PLC, Kerry Group plc, Fuerst Day Lawson Limited, Toschi Vignola Srl, R. Torre & Co., Inc., Concord Foods Inc., and SensoryEffects Flavor Company.