High growth in the food & beverage and bakery & confectionery in the US and Canada are the key factors propelling the demand for flavored syrup in North America.
The North America Flavored syrup market is segmented on the basis of fruit, chocolate, vanilla, herbs and seasonings, and others. Fruit flavoured syrups are used to garnish, tenderize or drizzle it on several food and beverage product such as desserts, pancakes or cereals. They also acts as a flavorsome additive to prepare in drinks and beverages. For instance, the apple flavored syrups are commonly used in breakfast with hot buttered toast and in mocktail preparations. This syrup is made by peeling apples, followed by cutting and boiling those to produce apple juice. The juice added with sugar or any sweetener of choice is then used as an apple syrup, which can be stored for a long time. The lemon syrup is a lemon-infused sugar syrup that adds sweetness and imparts lemon flavor to the desserts and cocktails. Chocolate syrups are regarded as a source of energy and are known to possess anti-aging, antioxidant, and stress suppressant characteristic features. The rising health awareness related to consumption of chocolate syrups along with a growing demand for chocolate syrups is driving the growth of the market.
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Flavor Type Insights
The North America Flavored syrup market is segmented on the basis of flavor type is segmented into sweet, salty and savory, sour, and mint. Different types of sweet-flavored syrups include sugar syrup, sugar-free sweetener syrups, honey-flavored syrup, maple-flavored syrup, and agave syrup. The simple sugar syrups are widely used in cappuccino, lemonade, iced tea, and coffee preparations. The sugar-free sweetener syrups are the choice of syrups for the health-conscious people looking forward to cutting down the calorie count as their sweetness is due to natural pulps of the fruits rather than regular white sugar. The honey-flavored syrup has a golden colored appearance and is prepared using water, sugar, pure cane sugar, and honey. The maple-flavored syrup is used to add a rich maple taste and a dark-colored texture to recipes while sweetening.
NORTH AMERICA FLAVORED SYRUP MARKET SEGMENTATION
Flavored Syrup Market, by Flavour
- Herbs and Seasonings
Flavored Syrup Market, by Flavour Type
- Salty & Savory
Flavored Syrup Market, by Application
- Dairy & Frozen Desserts
North America Flavored Syrup Market – By Country
- Sensient Technologies Corporation
- Kraft Heinz Company
- Cedarvale Maple Syrup Co.
- Archer Daniels Midland Company
- ASR Group
- Kerry Group
- Monin, Inc.
- Small Hand Foods
- Sunny Sky Products, Llc.
- The Hershey Company