Natural syrups and beverages are widely used in snow cones, candies, smoothies, ice-cream, pancakes, waffles, sweeteners, medicinal use and others. Natural syrups and beverages are free from artificial colors, flavors and preservatives. Stevia is used as a sweetener and a sugar substitute it is extracted from the leaves of a plant species named Stevia rebaudiana. Natural sugar substitutes such as brazen, glycerol, insulin, isomalt, lactitol, mogroside mix and various other compounds are present in natural sugar.Increasing demand for natural syrups and beverages in areas such as bakery, confectionery, dairy and frozen dessert, pharmaceutical companies and others, creates a huge scope for this market currently and thefocus of the consumershealth foodand diet food results in a steady growth of natural syrups and beverages in retail market. Additionally, Agave insulin hich has low fat and low sugar content is widely used in most of the drinks and food products segment including bakery and bread products, dairy food, confectionery and beverages and various other applications. Ologo fructose and inulin offer natural sugar taste and are widely used in drink products to improve the texture, taste, and mouth feel. Huge health benefits are obtained from natural syrups and beverages, thereby creating a high demand for the products in the Latin Americaregion during the forecast period of 2017-2025.
Rising health consumer awareness about health among people makes the market more demanding in countries like Brazil, Chile and Paragua. Leading manufacturing companies present in the Latin America region are on a verge to increase their production capacity to encounter end-user demand of natural syrups for utilization in baked products, frozen desserts and confectioneries. Agave syrup, also a kind of natural sweetener is mainly made from agave nectar and is widely used for flavoring food products such as fruit juices, ice cream, fresh donuts, corn fritters, sausages and baked beans. In addition to this, agave syrup is also utilized as an alternative to honey. Use of agave syrup and many other natural syrups in variety of food products, creates an ample growth opportunity for natural syrup and beverages market.
The Latin-America natural syrups and beverages market in thereport is segmented by type which includes raw honey, real fruit jam, brown rice syrup, stevia, banana puree, maple syrup and others.Moreover, on the basis of distribution channel, the market has been segmented as supermarkets or hypermarkets, discount store, online sales, farmer market and others.The Latin America natural syrups and beverages market has been moreover segmented by country wise which includes Chile, Costa Rica, Paraguay, Brazil and rest of Latin America.
Theproduct development and expansion of major manufacturing companies present in Latin America, creates a positive impact on the growth of natural syrup and beverages market in this region. Increasing urbanization and growing disposable income of people shows a promising growth rate for natural syrups and beverages market during the projection period.
Some of the major players in the Latin America natural syrups and beverages marketincludeCargill Inc., Kerry Group, Stevia First Corporation, BASF S.A and others.
Latin America Natural Syrups and Beverages Market: By Type
Latin America Natural Syrups and Beverages Market: By Distribution Channel
Latin America Natural Syrups and Beverages Market: By Country