Industry Analysis & Industry Trends
Revenue for the Syrup and Flavouring Production industry has declined in the past five years as downstream industries have consolidated, demanding fewer products. Over the next five years, revenue will continue to decline, though at a slower rate, due to undercutting imports and healthy-eating trends that discourage high sugar consumption... purchase to read more
Industry Report - Industry Products Chapter
Liquid beverage bases
The majority of industry revenue stems from producing liquid beverage bases, which are then used by downstream beverage manufacturers as inputs. Downstream consolidation has diminished the market size for liquid beverage bases, however, because many large beverage manufacturers have in-house syrup and flavouring production facilities and, therefore, do not buy many industry products. During the past five years, this segment's share of total industry revenue has contracted as a result.
Fruit syrups and extracts are used for flavouring food, beverages and other consumer products, such as lip gloss... purchase to read more