How Big is the Syrup Market | Industry Trends & Analysis 2025

Code: MTA9283 Publication Date: Sep 2025

How Big is the Syrup Market?

According to 6Wresearch internal database and industry insights, the Global Syrup Market was valued at USD 49 Billion in 2024 and is expected to reach USD 71 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).

The growth of the market is driven by rising demand from food and beverage industry, increasing consumption of flavored and functional syrups, growing popularity of ready-to-drink beverages, and the expanding use of syrups in pharmaceuticals and personal care products.

Key Growth Drivers of the Syrup Market

  • Rising consumption of flavored and functional syrups in food and beverage applications
  • Increased demand for natural and organic syrups
  • Expansion of the bakery and confectionery industry
  • Increased usage of syrups in pharmaceuticals and nutraceuticals
  • Growing demand for convenient and ready-to-use products

Syrup Market Trends

The Syrup Market is growing with key trends including the shift toward natural and clean-label ingredients, as consumers increasingly seek products with fewer artificial additives. The demand for flavored syrups in coffee, desserts, and cocktails is also rising, driven by café culture and premiumization trends. Functional syrups with added vitamins, minerals, or herbal extracts are gaining popularity as health-conscious consumers look for added benefits. Furthermore, the industry is seeing the rise of sugar-free and low-calorie syrups to cater to diabetic and fitness-conscious consumers. Sustainable packaging solutions are also emerging as a major focus area.

Emerging Developments in the Syrup Market

Emerging developments in the Syrup Market include the introduction of plant-based and organic syrups made from alternative sweeteners such as agave, maple, and stevia. Companies are investing in developing syrups with reduced sugar content and enhanced nutritional profiles to appeal to health-conscious buyers. There is also an increase in the use of automation and advanced processing technology to improve production efficiency and quality consistency. Additionally, the use of sustainable sourcing practices and eco-friendly packaging is becoming a key competitive strategy among leading manufacturers.

List of Leading Companies in the Syrup Market

Some of the leading companies include:

  • The Hershey Company
  • Monin Inc.
  • Tate & Lyle PLC
  • Kerry Group PLC
  • Britvic PLC
  • Torani
  • Sensient Technologies Corporation

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