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Latin America Flavoured Syrups Market By Flavour (Chocolate, Coffee, Herbs & Seasonings, Vanilla, Fruit, Maple, Malt, Palm, And Others), By Flavour Type (Salty, Sour, Mint, Savoury, Sweet), By Application (Dairy & Frozen Desserts, Bakery, Confectionery, Beverage, And Others), And By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 830
Pages: 145

Latin America Flavoured Syrups Market Growth and Forecast (2022 - 2027):

Latin America Flavoured Syrups Market was worth $4.78 billion in 2021 and estimated to be growing at a CAGR of 3.20%, to reach $5.60 billion by 2026. There is a mounting demand for syrups as a sweetening agent in the food and beverage industry, due to huge intake of processed foodstuff and profuse craving for items that have high sugar levels.

Market Overview:

The syrup industry’s key activities consist of manufacture of beverage syrups, toppings, and powders which are further used in soft drink production. Arrival of new drink products will assist in altering the predilection of customers, thereby shifting the growth of syrup market.

Drivers and Restraints:

The growth of the Latin America Flavoured Syrups market is majorly driven by factors such as growing consumer demand for a range of flavours in food products and increasing user predilection towards convenience & ready-to-eat foods. The key restraint of the syrup market is the high sugar level in synthetic sweeteners which lead to health problems. Furthermore, excess sugar intake is associated with metabolic dysfunction, liver damage, and obesity, which are driving the health conscious users away from sugary syrups.

Latin America Flavoured Syrups Market Segmentation Analysis:

The Latin America Flavoured Syrups market is segmented based on flavour, flavour type, and application. The market for Flavoured Syrups, on the basis of flavour, is classified into Chocolate, Coffee, Herbs & Seasonings, Vanilla, Fruit, Maple, Malt, Palm, and Others. On the basis of flavour type, the Flavoured Syrups market is segmented into Salty, Sour, Mint, Savoury, Sweet. On the basis of Application, the Flavoured Syrups market is segmented into Dairy & Frozen Desserts, Bakery, Confectionery, Beverage, and Others. Fruit syrups lead the market share owing to their extensive usage in beverages such as soft drinks, trailed by maple syrup. Chocolate syrup has the highest CAGR due to rising user interest in chocolate as a topping. Under the applications segment, Dairy & frozen desserts has the highest CAGR because of its use in milkshakes, frappes, flavoured milk, whipped creams, and others.

Region Analysis:

Geographically the Latin America Flavoured Syrups Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. The Latin America market is one of the fastest growing markets for Flavoured Syrups. South America is a developing market with huge potential and sturdy growth rates. Brazil accounts for the largest market share in the region with more than 35% of the market and is expected to lead the market in this region during the forecast period.

Key Players in the Market:

Major Key Players in the Latin America Flavoured Syrups Market are

  • Hershey
  • Tate & Lyle
  • Kraft Heinz Company
  • Monin Inc
  • Kerry Group Plc
  • Sonoma Syrup
  • Cedarvale Maple Syrup
  • Sensient Technologies Corporation

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Flavour                   

                                5.1.1 Chocolate

                                5.1.2 Coffee      

                                5.1.3 Herbs & Seasonings            

                                5.1.4 Vanilla       

                                5.1.5 Fruit           

                                5.1.6 Maple       

                                5.1.7 Malt           

                                5.1.8 Palm          

                                5.1.9 Others      

                5.2 By Flavour Type                        

                                5.2.1 Salty          

                                5.2.2 Sour           

                                5.2.3 Mint          

                                5.2.4 Savoury    

                                5.2.5 Sweet       

                5.3 By Application                           

                                5.3.1 Dairy & Frozen Desserts    

                                5.3.2 Bakery      

                                5.3.3 Confectionery       

                                5.3.4 Beverage 

                                5.3.5 Others      

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 Brazil                             

                6.3 Argentina                    

                6.4 Mexico                         

                6.5 Rest of Latin America                             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 Hershey                       

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues            

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Tate & Lyle                 

                8.3 Kraft Heinz Company                             

                8.4 Monin Inc.                  

                8.5 Kerry Group Plc.                       

                8.6 Sonoma Syrup                           

                8.7 Cedarvale Maple Syrup                         

                8.8 Sensient Technologies Corporation                  

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures 

                9.4 New Product Launches                          

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Latin America Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  2. Latin America Flavoured Syrups Market By Flavour, From 2022 - 2027 (USD Billion)
  3. Latin America Chocolate Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  4. Latin America Coffee Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  5. Latin America Herbs & Seasonings Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  6. Latin America Vanilla Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  7. Latin America Fruit Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  8. Latin America Maple Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  9. Latin America Malt Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  10. Latin America Palm Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  11. Latin America Other Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  12. Latin America Flavoured Syrups Market By Flavour Type , From 2022 - 2027 (USD Billion)
  13. Latin America Salty Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  14. Latin America Sour Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  15. Latin America Mint Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  16. Latin America Savoury Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  17. Latin America Sweet Flavoured Syrups Market By Region, From 2022 - 2027 (USD Billion)
  18. Latin America Flavoured Syrups Market By Application, From 2022 - 2027 (USD Billion)
  19. Latin America Dairy & Frozen Desserts Market By Region, From 2022 - 2027 (USD Billion)
  20. Latin America Bakery Market By Region, From 2022 - 2027 (USD Billion)
  21. Latin America Confectionery Market By Region, From 2022 - 2027 (USD Billion)
  22. Latin America Beverage Market By Region, From 2022 - 2027 (USD Billion)
  23. Latin America Other applications Market By Region, From 2022 - 2027 (USD Billion)
  24. Brazil Flavoured Syrups Market By Flavour, From 2022 - 2027 (USD Billion)
  25. Brazil Flavoured Syrups Market By Flavour Type , From 2022 - 2027 (USD Billion)
  26. Brazil Flavoured Syrups Market By Application, From 2022 - 2027 (USD Billion)
  27. Argentina Flavoured Syrups Market By Flavour, From 2022 - 2027 (USD Billion)
  28. Argentina Flavoured Syrups Market By Flavour Type , From 2022 - 2027 (USD Billion)
  29. Argentina Flavoured Syrups Market By Application, From 2022 - 2027 (USD Billion)
  30. Mexico Flavoured Syrups Market By Flavour, From 2022 - 2027 (USD Billion)
  31. Mexico Flavoured Syrups Market By Flavour Type , From 2022 - 2027 (USD Billion)
  32. Mexico Flavoured Syrups Market By Application, From 2022 - 2027 (USD Billion)

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