Syrup and flavoring manufacturers are facing declining demand from the nation's soft drink producers. Health concerns over soda's sugar content and artificial sweeteners are causing consumers to move away from carbonated beverages, hurting demand for the syrups and flavorings used in their production. Conversely, the influx of new drink products in response to changing consumer preferences will present an opportunity for growth to this industry, as will the rise of regional and niche drink markets.
This industry primarily manufactures flavoring syrup, drink concentrates and related products for soda fountains or beverage manufacturers. This industry excludes manufacturers, bottlers, distributors and retailers of finished beverage products, such as soda or juice.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.