Flavored Syrups Market to Reach $81 Billion by 2030, Driven by Beverages Demand and Consumer Interest in Customized Flavors
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The global flavoured syrups market is projected to reach USD 81.77 billion by 2030, growing at a CAGR of 5.34%.
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Rising demand for customized flavors in food and beverages is driving market growth. Beverages segment has been the leading contributor to demand.
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Growing consumer interest in homemade foods is increasing demand for flavoring syrups.
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Rapid urbanization in developing countries is boosting demand for food ingredients like flavoured syrups.
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Millennials are the most experimental customers, willing to spend more on global cuisines, driving adoption of flavoured syrups.