| Product Code: ETC388584 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s import market for flavored syrups in 2024 saw significant contributions from top exporting countries such as the USA, Metropolitan France, UAE, Saudi Arabia, and Malaysia. Despite a challenging CAGR of -17.86% from 2020 to 2024 and a growth rate of -8.09% from 2023 to 2024, the market maintained a high level of concentration, as indicated by the high Herfindahl-Hirschman Index (HHI). This suggests a competitive landscape among key players in the industry, making it crucial for businesses to strategize effectively to navigate the market dynamics in the coming years.

The flavored syrups market in India is expected to register a CAGR of 8.1% during 2025-2031 and reach a value of about US$ 127 million by 2025 from US$ 89 million recorded in 2018. Increasing urbanization coupled with changing consumer preferences are playing an important role in driving the growth of this sector. Furthermore, the growing consumption pattern among millennials has resulted in expanding application areas for flavored syrups, especially in the beverage industry which is likely to boost its demand over the forecast period (2025-2031).
The India flavored syrups market is experiencing significant growth due to shifting consumer preferences towards flavored beverages and desserts. The demand for diverse and unique flavors, particularly in the beverages industry, is a key driver for the market. Additionally, the rise of the foodservice industry and the popularity of specialty coffee shops and dessert outlets are boosting the adoption of flavored syrups. Health-conscious consumers are also seeking natural and organic syrups, leading to the introduction of healthier alternatives in the market. The convenience and versatility of flavored syrups in various applications further contribute to the market`s growth.
The India flavored syrups market has seen substantial growth in recent years, driven by the increasing consumer demand for unique and exotic flavors in food and beverages. Manufacturers have been quick to respond to this trend, introducing a wide range of flavored syrups that cater to various taste preferences. However, the market also faces challenges, such as maintaining product quality and consistency across different batches, especially when using natural ingredients. Additionally, the rising competition and price sensitivity among consumers pose significant challenges for market players to maintain their profit margins and market share.
The India flavored syrups market has witnessed significant growth in recent years. The increasing consumer preference for flavored beverages, such as flavored coffees, teas, and cocktails, has driven the demand for flavored syrups. Additionally, the growing popularity of flavored desserts and confectioneries has further boosted the market. However, the outbreak of the Covid-19 pandemic had a mixed impact on the market. While the initial lockdowns and restrictions negatively affected the out-of-home consumption of flavored beverages and desserts, the increased demand for packaged and home-made food products during the pandemic positively influenced the retail sales of flavored syrups.
The some key players of the market include is Monin, Hershey`s, Torani, Mapro, Amoretti, DaVinci Gourmet, Jordan`s Skinny Mixes, Nescaf?