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Chocolate Syrup  Market Estimated to Reach $ 9.05 Billion by 2029, Expanding at a CAGR of 4.5% | Major Drivers, Segments, and Competitive Outlook

9 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Chocolate Syrup  Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Chocolate Syrup  Market Growth?

The global chocolate syrup market has consistently expanded in recent years. In 2024, it was valued at $7.37 billion and is expected to increase to $7.61 billion in 2025, yielding a compound annual growth rate (CAGR) of 3.2%.

What Is the Predicted Industry Size and CAGR of the Chocolate Syrup  Market in 2029?

The Chocolate Syrup Global Market is expected to reach a market size of $9.06 billion in 2029, with a compound annual growth rate (CAGR) of 4.5%.

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Which Factors Are Driving Growth in the Chocolate Syrup  Market?

The key drivers in the chocolate syrup  market are:

• Health consciousness and product innovation driving consumer demand
• Expansion into emerging global markets
• Changing consumer preferences and demographic shifts
• Environmental sustainability initiatives within the industry

Which Segment Trends Are Covered in the Chocolate Syrup  Market Forecast?

The chocolate syrup market covered in this report is segmented –
1) By Type: Conventional, Organic
2) By Application: Household Or Retail, Food Service, Food Processing
3) By Distribution Channel: Hypermarkets Or Supermarkets, Convenience Stores, Specialty Stores, Online, Business-To-Business (B2B)

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What Are the Current Market Trends in the Chocolate Syrup  Industry?

The key trends in the chocolate syrup  market are:

• The introduction of functional and indulgent variants is a major trend shaping the market.
• There is a growing preference for plant-based and vegan chocolate syrups.
• Sustainable and ethical sourcing practices are gaining prominence in the market.
• Convenience and on-the-go packaging are trending, along with flavor innovation.

Who are the Key Companies in the Chocolate Syrup  Market?

Major players in the chocolate syrup  market are:

• The Hershey Company
• Nestlé S.A.
• Bosco Products Inc.
• The J.M. Smucker Company
• Walden Farms International Inc.
• Amoretti Brothers LLC
• Gold Pure Food Products Co.
• Hollander Chocolate Company
• Ah!Laska Inc.
• Torani Inc.
• American Garden
• Sonoma Syrup Co.
• Monin Inc.
• DaVinci Gourmet LLC
• Santa Cruz Natural Incorporated
• The Kroger Company
• Beyond Better Foods LLC
• Ghirardelli Chocolate Company
• Stonewall Kitchen LLC
• Fox's U-Bet Co.
• Sanders Candy LLC
• King's Cupboard
• R. Torre & Company Inc.
• The Wilbur Chocolate Company
• The Chocolate Shoppe
• Mars Inc.
• Cargill Inc.
• Blommer Chocolate Company
• Puratos Group
• Guittard Chocolate Company

What are the Regional Trends Across the Chocolate Syrup  Market?

Asia-Pacific was the largest region in the chocolate syrup market in 2024

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