Transparency
Market Research announces a new research report on the global
syrup market.
The report, titled “Syrup Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 – 2019,” is a detailed
overview of the dynamics defining this market’s growth during the
forecast period. The report also looks into cultural aspects and
population demographics that will markedly impact the growth of this
market across North America, Europe, Asia Pacific, and Rest of the
World during the forecast period. Qualitative information about top
syrup producers in the world and how their market position will
change over the forecast period is presented in the study.
The
report says that the syrup market is primarily driven by double-digit
growth of the food and beverages industry and the burgeoning
pharmaceutical industry. A syrup is a viscous mixture of sugar and
water. Depending on the use, either medications or food flavors along
with food-grade colors may be added to syrup. Syrup is also obtained
by processing the collected juice of a fruit or plant. The most
common types of syrups are corn, maple, pancake, candy, toppings, and
medicinal. Syrups are used not only to add sweetness to food and
medicines, but also to impart a pleasing flavor. Syrups are also used
as natural preservatives to limit the action of water on the solvent
it is added to. Syrups are used in medicines to add taste to the
same.
The
primary activities of the syrup industry include: Production of soft
drink concentrates, production of beverage syrups, toppings, and
edible powders to be used in soft drink production. Innovation in
food and beverage items that will keep up with the taste preferences
and health quotient desired by consumers will favor the growth of the
syrup market. However, the high sugar content in artificial
sweeteners, which is associated with health concerns, is detrimental
to the market’s growth. With increasing awareness about the health
implications of artificial sweeteners in the long run, consumers are
increasingly abstaining from carbonated beverages and other similar
food items.
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The
global syrup industry is consistently evolving with the introduction
of new production techniques and the development of newer recipes.
This has also added to the variety of syrups in terms of composition
and consistency. For instance, cyclamate and saccharin are used as
low-calorie sugar substitutes for individuals who have fluctuating
sugar levels. After obtaining regulatory clearances and passing
through technical challenges these syrups are now used in food and
beverage products around the world.
Profiled
in this report are top companies that operate in the global syrup
market. These are Cedarvale Maple Syrup, Corn Refiners Association,
Tropicana OJ, Barilla Pesto, Sonama Syrup, ConAgra Foods Inc., and
Hershey’s Symphony.
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