Flavoring Syrup and Concentrate Market Report 2026

The flavoring syrup and concentrate market size has grown steadily in recent years. It will grow from $61.6 billion in 2025 to $64.66 billion in 2026 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to expansion of beverage and confectionery industries, rising household consumption of spreads and syrups, growth of bakery product manufacturing, increasing café and foodservice usage, availability of diverse flavor raw materials.

The flavoring syrup and concentrate market size is expected to see strong growth in the next few years. It will grow to $80.94 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing demand for clean-label flavoring products, expansion of functional beverage formulations, rising innovation in reduced-sugar recipes, growing e-commerce distribution of specialty syrups, increasing adoption of premium flavor concentrates. Major trends in the forecast period include growing demand for customizable flavor solutions, expansion of low-sugar and sugar-free syrups, rising use of natural and organic flavor concentrates, increasing application in beverage and dairy products, premiumization of artisanal syrup products.

The growing e-commerce sector is expected to drive growth in the flavoring syrup and concentrate market. E-commerce, which refers to buying and selling goods and services online, is expanding due to increased internet access, mobile device usage, convenient shopping, faster delivery options, and a wider product selection. Online platforms facilitate the sale and distribution of flavoring syrups and concentrates, giving consumers access to a variety of flavors from global brands and allowing businesses to reach a broader audience. For example, in August 2023, the United States Census Bureau reported that e-commerce sales in the second quarter of 2023 increased by 7.5% compared to the same period in 2022, while overall retail sales grew by 0.6%. Online stores accounted for 15.4% of all sales in Q2 2023. Therefore, the expansion of e-commerce is boosting the flavoring syrup and concentrate market.

The growth of the food service industry is also expected to propel the flavoring syrup and concentrate market. The food service industry includes businesses involved in the preparation and distribution of food outside the home. Flavored syrups are widely used in this sector to enhance the taste of food and beverages. For instance, in February 2025, the Manufacturer, a UK-based information company, reported that food production in Q4 2024 was valued at $37.9 billion (£28.4 billion), marking an 8.3% increase compared to Q4 2023, partly driven by productivity improvements contributing $2.87 billion (£2.15 billion). Therefore, the expansion of the food service industry supports demand for flavoring syrups and concentrates.

Major companies in the market are concentrating on launching new flavors, such as pancake-inspired IHOP syrup, to meet changing consumer preferences and enhance the overall breakfast experience. Pancake-inspired IHOP syrup refers to the signature syrups provided by the International House of Pancakes (IHOP), a US-based multinational pancake house chain, specifically designed to complement their pancakes and other breakfast dishes. For example, in July 2024, Kraft Heinz Company, a US-based food manufacturer, introduced IHOP Original and Butter Pecan Syrups. These syrups are crafted to bring the beloved flavors of pancakes into homes, allowing consumers to recreate a restaurant-quality breakfast experience. The Original Syrup is formulated to pair well with pancakes, waffles, and French toast, while the Butter Pecan Syrup offers a rich, nutty flavor that adds a unique twist to traditional breakfast items. Both syrups are made without high-fructose corn syrup and use the same flavor ingredients found in IHOP restaurants, ensuring quality and authenticity.

Major companies operating in the flavoring syrup and concentrate market are International Flavors & Fragrances Inc, Kerry Group plc, Monin Inc, Concord Foods LLC, R Torre & Company Inc, Small Hand Foods, Rasna Private Limited, Feroze Foods And Flavours, Ajinomoto Co Inc, Givaudan, Doehler Natural Food & Beverage Ingredients, Fuerst Day Lawson, Tate & Lyle, Toschi Vignola, Cargill, Sensient Technologies, Archer Daniels Midland Company, Symrise, ASR Group, Sunny Sky Products, Amoretti, WILD Flavors, Frutarom Group, Florasynth, Trofina Food, Nettari, Fruit Fusion.

Asia-Pacific was the largest region in the flavoring syrup and concentrate market in 2025. North America was the second-largest region in the flavoring syrup and concentrate market. The regions covered in the flavoring syrup and concentrate market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flavoring syrup and concentrate market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The flavoring syrup and concentrate market consists of sales of fruit syrup, honey, chocolate syrup, maple syrup, sugarcane molasses, sugarbeets molasses, apple butter spread, honey spread, chocolate spread, pectin, sweeteners, essence, olive spread, garlic butter spread, nut spread. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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