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Middle East and Africa Flavored Syrup Market to 2027 - Regional Analysis and Forecasts by Flavor; Flavor Type; Application

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    Report

  • 145 Pages
  • September 2019
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 4847155
UP TO OFF until Mar 31st 2024
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.

The Middle East and Africa flavored syrup market is bifurcated based on flavor into fruit, chocolate, vanilla, herbs and seasonings, and others. The fruits segment accounted for the largest share in the Middle East and Africa flavored syrup market. The fruit-flavored syrups are heat extracted juices and used not only as flavoring agents but also as sweeteners in simple syrup preparations. Rising demand for fruit flavored food and beverages and entry of key players has led to a significant rise in the market in the Middle East and Africa region. The availability of various flavors of fruit syrup has been another factor contributing to the growth of the fruit segment in the Middle East and Africa flavored syrup market.

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

The Middle East and Africa flavored syrup market is dominated by the UAE, followed by Saudi Arabia. With the rise in population, along with changing consumer lifestyle and buying habits, UAE is gradually making a move toward the consumption of unique food and beverage items. The demand for flavored syrups is also expected to rise with the change in dietary patterns. Moreover, the increase in the number of retail outlets, supermarkets, and food chains has positively impacted the growth of the Middle East and Africa flavored syrup market.

Some of the players present in Middle East and Africa flavored syrup market are Amoretti, Archer Daniels Midland Company, ASR Group, Kerry Group, Monin, Inc., Small Hand Foods, Sonoma Syrup Co, Sunny Sky Products, LLC, The Hershey Company, and Torani among others among others.

The overall Middle East and Africa flavored syrup market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the flavored syrup market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the flavored syrup market.

Reasons to Buy
  • 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.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 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
3.1 Coverage
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. Middle East and Africa 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 Restraints
5.2.1 Health hazards posed by presence of high sugar content
5.3 Opportunities
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
5.5 Impact Analysis Of Drivers And Restraints
6. Flavored Syrups - Middle East And Africa Market Analysis
6.1 Middle East And Africa Flavored Syrup Market Overview
6.2 Middle East And Africa Flavored Syrup Market Forecast And Analysis
6.3 Market Positioning - Top 5 Players Ranking
7. MEA Flavored Syrup Market Analysis - By Flavor
7.1 Overview
7.2 MEA Flavored Syrup Market Breakdown, By Flavor, 2018 & 2027
7.3 Fruit
7.3.1 Overview
7.3.2 MEA Fruit Flavored Syrup Market Revenue Forecasts To 2027 (US$ Mn)
7.4 Chocolate
7.4.1 Overview
7.4.2 MEA Chocolate Flavored Syrup Market Revenue and Forecasts to 2027 (US$ MN)
7.5 Vanilla
7.5.1 Overview
7.5.2 MEA Vanilla Flavored Syrup Market Revenue Forecasts to 2027 (US$ MN)
7.6 Herbs And Seasonings
7.6.1 Overview
7.6.2 MEA Herbs and Seasoning Flavored Syrup Market Revenue Forecasts to 2027 (US$ MN)
7.7 Others
7.7.1 Overview
7.7.2 MEA Other Flavored Syrup Market Revenue Forecasts to 2027 (US$ MN)
8. MEA Flavored Syrup Market Analysis - By Flavor Type
8.1 Overview
8.2 Mea Flavored Syrup Market Breakdown, By Flavor Type, 2018 & 2027
8.3 Sweet
8.3.1 Overview
8.3.2 MEA Sweet Flavor Type Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Salty And Savory
8.4.1 Overview
8.4.2 MEA Salty and Savory Flavor Type Market Revenue Forecasts to 2027 (US$ Mn)
8.5 Sour
8.5.1 Overview
8.5.2 MEA Sour Flavored Syrup Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Mint
8.6.1 Overview
8.6.2 MEA Mint Flavor Type Market Revenue and Forecasts to 2027 (US$ Mn)
9. MEA Flavored Syrup Market Analysis - By Application
9.1 Overview
9.2 MEA Flavored Syrup Market Breakdown, By Application, 2018 & 2027
9.3 Beverage
9.3.1 Overview
9.3.2 MEA Beverage Market and Revenue Forecasts to 2027 (US$ MN)
9.4 Dairy And Frozen Desserts
9.4.1 Overview
9.4.2 MEA Dairy and Frozen Dessert Revenue and Forecasts to 2027 (US$ MN)
9.5 Confectionery
9.5.1 Overview
9.5.2 MEA Confectionery Revenue and Forecasts to 2027 (US$ MN)
9.6 Bakery
9.6.1 Overview
9.6.2 MEA Bakery Revenue and Forecasts to 2027 (US$ MN)
9.7 Others
9.7.1 Overview
9.7.2 MEA Others Market Revenue Forecasts to 2027 (US$ MN)
10. Middle East And Africa Flavored Syrup Market Analysis - Country Analysis
10.1 Overview
10.1.1 Middle East and Africa Flavored syrup market Revenue Forecasts to 2027 (US$ Mn)
10.1.2 Middle East and Africa Flavored syrup market Breakdown, By Country
10.1.2.1 South Africa Flavored Syrup Market Revenue Forecasts To 2027 (US$ MN)
10.1.2.1.1 South Africa Flavored Syrup Market Breakdown, By Flavor
10.1.2.1.2 South Africa Flavored Syrup Market Breakdown, By Flavor Type
10.1.2.1.3 South Africa Flavored Syrup Market Breakdown, By Application
10.1.2.2 Saudi Arabia Flavored Syrup Market Revenue Forecasts To 2027 (US$ MN)
10.1.2.2.1 Saudi Arabia Flavored Syrup Market Breakdown, By Flavor
10.1.2.2.2 Saudi Arabia Flavored Syrup Market Breakdown, By Flavor Type
10.1.2.2.3 Saudi Arabia Flavored Syrup Market Breakdown, By Application
10.1.2.3 UAE Flavored Syrup Market Revenue Forecasts To 2027 (US$ MN)
10.1.2.3.1 UAE Flavored Syrup Market Breakdown, By Flavor
10.1.2.3.2 UAE Flavored Syrup Market Breakdown, By Flavor Type
10.1.2.3.3 UAE Flavored Syrup Market Breakdown, By Application
10.1.2.4 Rest Of MEA Flavored Syrup Market Revenue Forecasts To 2027 (US$ MN)
10.1.2.4.1 Rest Of MEA Flavored Syrup Market Breakdown, By Flavor
10.1.2.4.2 Rest Of MEA Flavored Syrup Market Breakdown, By Flavor Type
10.1.2.4.3 Rest Of MEA Flavored Syrup Market Breakdown, By Application
11. Industry Landscape
11.1 New Development
12. Flavored Syrup Market: Key Company Profiles
12.1 Amoretti
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Archer Daniels Midland Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 ASR Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Kerry Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Monin, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Small Hand Foods
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Sonoma Syrup Co.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sunny Sky Products, LLC.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 The Hershey Company
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 Torani
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Publisher
13.2 Glossary Of Terms

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Amway
  • The Nature’s Bounty Co.
  • Herbalife International of America, Inc.
  • Chobani, Llc.
  • General Mills, Inc.
  • Kellogg Co.
  • Helion Nutraceuticals, Llc.
  • Abbott
  • Valensa International
  • Matsun Nutrition