![Global Flavored Syrup Market](https://res.cloudinary.com/devmoveo/image/upload/v1680262732/skyquest/gallery/Global-Flavored-Syrup-Market.jpg)
Report ID: SQMIG30G2021
Report ID:
SQMIG30G2021 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
63 |
Figures:
77
North America has surpassed Europe as the largest regional market in the world with a revenue share of over 30.0% in 2021 due to the widespread use of fruit syrups in the United States and Canada as well as the growing consumer demand for flavored syrups in everyday foods such as snacks, cereals, beverages, and desserts. The bakery business is anticipated to grow significantly as a result of the region's access to several premium toppings, chocolates, tastes, and fillings. As a result, flavoring syrup use is encouraged in the food and beverage business.
Asia Pacific is predicted to experience the greatest CAGR of 4.4% between 2022 and 2030. Bakery foods and beverages are widely consumed because of their low prices. As a result of consumers' inclination for eating sweet foods, companies have also produced unique things that are infused with varied flavor syrups like fruit and chocolate. Numerous foreign businesses have entered the Asian market and have been successful in expanding swiftly within this market sector.
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Report ID: SQMIG30G2021