Sugar Syrups Market is Expected to Grow at a CAGR of 8.2% from 2022 to 2030

November 2022, Market Research Future has published a Report on the Global Sugar Syrups Market

Market Overview

Sugar syrup is a thick mixture of water and sugar, and it is prepared from extracts of fruit or plant. It is mostly used in the beverage industry. Most common types of sugar syrups are glucose, maple, and corn. It can be used as a natural preservative to reduce water activity. Growing demand for sugar syrups as a sweetening agent in the beverage industry due to high consumption of beverages and carbonated drinks are driving the sugar syrup market. Moreover, growing demand from carbonated drinks and flavored beverages is driving the growth of the global market. 

Market Forecast

Sugar syrup is liquid and can be easily blended with beverages; this property is widely used in the beverage industry. Additionally, it is used as a natural preservative in the food and beverage products. Owing to a wide range of product applicability, especially, in beverage and bakery products, it is gaining popularity across the globe. Furthermore, constantly increasing working population is driving the demand for convenience foods, which is driving the growth of the global sugar syrup market.

Moreover, the market examines continuous growth due to high demand in most of the countries and intensifying market opportunities. Increasing focus on R&D and technological advancement will boost the global sugar syrup market. However, low acceptance of artificial sugar syrup with high sugar content leading to health concerns may affect the growth of sugar syrup market negatively.

All these factors expected to contribute to the estimated CAGR of 8.2% of sugar syrups market during the forecast period 2022-2030.

Access Report Details @ https://www.marketresearchfuture.com/reports/sugar-syrups-market-4549

Downstream Analysis

On the basis of type, the glucose syrups dominates the market because of high production yield and wide range of applications in the beverage industry. However, corn syrup is projected to rise during the given forecast period. Furthermore, based on the applications, the beverage industry dominates the market. However, its applications in bakery and confectionary products are projected to rise during the given forecast period.

Competitive Analysis

The major players in the Sugar Syrup Market

• Coca Cola Company (the U.S.)


• Archer Daniels Midland (the U.S.)


• Sonoma Syrup (Canada)


• Cedarvale Maple Syrup (New York)


• PepsiCo (the U.S.)


• Illovo Sugar Ltd. (South Africa)


• Tereos (France)

Sugar syrup market is growing rapidly due to changing consumption pattern, increasing demand from most of the countries, and intensifying market opportunities. Moreover, focus on R&D and technological advancement expected to boost the sugar syrup market over the forecast period 2022-2030.

Regional Analysis

The global sugar syrups market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North American region is dominating the sugar syrup market across the globe in which the U.S. & Canada hold a major share of the global sugar syrup market followed by Europe. High production rate and consumption of syrups followed by intensifying market opportunities have led the growth of the sugar syrup market in this region, However, Asia Pacific is projected to grow rapidly owing to its increasing disposable incomes, rapidly growing urbanization, and gaining popularity of convenience food.

Furthermore, North America is the main producer for all kinds of syrups which includes maple, corn and glucose syrups. It also exports its maple syrup throughout the world.

Market Segmentation

Sugar Syrups Market is segmented on the basis of type, application and Flavor