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.
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%.
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%.
Download the Free Sample Now: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
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)
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.
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
Asia-Pacific was the largest region in the chocolate syrup market in 2024