This comprehensive report forecasts the global syrups market to grow at a CAGR of 3.73% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: The market is experiencing strong demand for organic maple syrup. Maple syrup is increasingly used as a natural alternative to artificial sweeteners. It is added in various foods and beverages as a sweetening agent. It provides flavor to sausages, fritters, and ice creams.
According to the report, intensifying demand for syrups in the pharmaceutical industry is one of the key drivers. Syrups are available in concentrated, sweetened, viscous, and aqueous forms, which contain less than 10% alcohol. They are increasingly used in the pharmaceutical industry as therapeutic vehicles for oral, nasal, and topical products.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?