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Latin America Flavoured Syrups Market is estimated to be growing at a CAGR of 3.20%, to reach $5.21 billion by 2021.

 



(Food-Beverage-News.Com, September 19, 2017 ) The Latin America Flavoured Syrups Market was worth $4.45 billion in 2016 and estimated to be growing at a CAGR of 3.20%, to reach $5.21 billion by 2021. 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.
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.

View Full Report @ http://www.marketdataforecast.com/market-reports/latin-america-flavoured-syrups-market-890/

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.

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.

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-america-flavoured-syrups-market-890/request-sample

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.
The major companies dominating the Flavoured Syrups market in this region are Hershey, Tate & Lyle, Kraft Heinz Company, Monin Inc., Kerry Group Plc., Sonoma Syrup, Cedarvale Maple Syrup, and Sensient Technologies Corporation.

Market Segmentation

1) By Flavour
• Chocolate
• Coffee
• Herbs & Seasonings
• Vanilla
• Fruit
• Maple
• Malt
• Palm
• Others

2) By Flavour Type
• Salty
• Sour
• Mint
• Savoury
• Sweet

3) By Application
• Dairy & Frozen Desserts
• Bakery
• Confectionery
• Beverage
• Others

Inquire before Buying at http://www.marketdataforecast.com/market-reports/latin-america-flavoured-syrups-market-890/inquire

Reasons to buy Latin America Flavoured Syrups Market Research Report:

• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.

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