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Animal Food (except Dog and Cat) (US Only)
HS: n311119
NAICS: 311119
Canned Fruit and Vegetable (US Only)
HS: n311421
NAICS: 311421
Coffee and Tea (US Only)
HS: n311920
NAICS: 311920
Dried and Dehydrated Food (US Only)
HS: n311423
NAICS: 311423
Dry Pasta, Dough, and Flour Mixes (US Only)
HS: n311824
NAICS: 311824
Fats and Oils (US Only)
HS: n311225
NAICS: 311225
Flour and Other Grain Mill Products (US Only)
HS: n311211
NAICS: 311211
Fluid Milk (US Only)
HS: n311511
NAICS: 311511
Frozen Cakes, Pies, and Other Pastries (US Only)
HS: 1905901041
NAICS: 311813
Frozen Fruit, Juice, and Vegetable (US Only)
HS: n311411
NAICS: 311411
Frozen Specialty Food (US Only)
HS: n311412
NAICS: 311412
Mayonnaise, Dressing, and Other Prepared Sauces (US Only)
HS: n311941
NAICS: 311941
Meat Processed From Carcasses (US Only)
HS: n311612 Meat Processed From Carcasses
NAICS: 311612
Perishable Prepared Food (US Only)
HS: n311991
NAICS: 311991
Retail Bakery (US Only)
NAICS: 311811
Roasted Nuts and Peanut Butter (US Only)
HS: n311911
NAICS: 311911
Sausage, Canned Meat, and Meat By-product (US Only)
HS: n311613
NAICS: 311613
Seafood Product (US Only)
HS: n311710
NAICS: 311710
Snack Food (US Only)
HS: n311919
NAICS: 311919
Soybean and Other Oilseed Processing (US Only)
HS: n311224
NAICS: 311224
Specialty canning (US Only)
HS: n311422
NAICS: 311422
Spice and Extract (US Only)
HS: n311942
NAICS: 311942
Wet Corn (US Only)
HS: n311221
NAICS: 311221
1,2-Dichloroethane (Ethylene Dichloride)
HS: 290315
PRODCOM: 20141353
1-Cyanoguanidine (Dicyandiamide)
HS: 292620
PRODCOM: 20144360
2,2-Oxydiethanol (Diethylene Glycol, Digol)
HS: 290941
PRODCOM: 20146333
4,4-Isopropylidenediphenol (Bisphenol A; Diphenylolpropane) and Its Salts
HS: 290723
PRODCOM: 20142433
4-Methylpentan-2-One (Methyl Isobutyl Ketone)
HS: 291413
PRODCOM: 20146215
AC/DC Motors
HS: 850120, 850140, 850151, 850152, 850153, 850161, 850162, 850163, 850164
UNCODE: 46112-0
PRODCOM: 27112100, 27112230, 27112250, 27112300, 27112403, 27112405, 27112407, 27112530, 27112540, 27112560, 27112590, 27112610, 27112630, 27112650, 27112670
Abaca (manila hemp or musa textilis nee); processed but not spun, tow, noils and waste, including yarn waste and garnetted stock
HS: 530529
Abaca (manila hemp or musa textilis nee); raw
HS: 530521
Abrasive Products (US Only)
HS: n327910
NAICS: 327910
Abrasive powder or grain; natural or artificial, on a base of materials n.e.s. in heading no. 6805, whether or not cut to shape or sewn or otherwise made up
HS: 680530
Abrasive powder or grain; natural or artificial, on a base of paper or paperboard only, whether or not cut to shape or sewn or otherwise made up
HS: 680520
Abrasive powder or grain; natural or artificial, on a base of textile material, of paper, paperboard or of other material, whether or not cut to shape or sewn or otherwise made up
HS: 6805
Abrasive powder or grain; natural or artificial, on a base of woven textile fabric only, whether or not cut to shape or sewn or otherwise made up
HS: 680510
Abrasives (Natural)
HS: 2513
UNCODE: 16320-2
PRODCOM: 08992200, 08992220, 08992230
NAICS: 3279101, 3279104
Accordions and Mouth Organs
HS: 920590
PRODCOM: 32201340
Accordions and similar instruments; mouth organs
HS: 9204
Accounting machines
HS: 847040
Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives
HS: 2911
PRODCOM: 20146380
Acetals and hemiacetals; whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives
HS: 291100
Acetic Acid
HS: 291521
PRODCOM: 20143271
Acetic Anhydride
HS: 291524
PRODCOM: 20143277
Acetone
HS: 291411
PRODCOM: 20146211
Acid and Mordant Dyes and Preparations Based Thereon
HS: 320412
PRODCOM: 20122120
Acid oils from refining
HS: 151920
Acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esters
HS: 291713
Acids; acyclic polycarboxylic acids; n.e.s. in item no. 2917.1
HS: 291719
Acids; acyclic polycarboxylic acids; oxalic acid, its salts and esters
HS: 291711
Acids; aromatic monocarboxylic acids, binapacryl (ISO)
HS: 291636
Acids; aromatic monocarboxylic acids, esters of phenylacetic acid
HS: 291635
Acids; aromatic monocarboxylic acids, n.e.s. in item no. 2916.3
HS: 291639
Acids; aromatic monocarboxylic acids, phenylacetic acid and its salts
HS: 291634
Acids; aromatic monocarboxylic acids; phenylacetic acid, its salts and esters
HS: 291633
Acids; aromatic polycarboxylic acids; dibutyl orthophthalates
HS: 291731
Acids; aromatic polycarboxylic acids; dimethyl terephthalate
HS: 291737
Acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalates
HS: 291733
Acids; aromatic polycarboxylic acids; dioctyl orthophthalates
HS: 291732
Acids; aromatic polycarboxylic acids; n.e.s. in item no. 2917.3
HS: 291739
Acids; aromatic polycarboxylic acids; other esters of orthophthalic acids
HS: 291734
Acids; aromatic polycarboxylic acids; phthalic anhydride
HS: 291735
Acids; aromatic polycarboxylic acids; terephthalic acid and its salts
HS: 291736
Acids; carboxylic acid with additional oxygen function and their anhydrides, halides, peroxides, peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives
HS: 2918
Acids; carboxylic acids, (with alcohol function but without other oxygen function), chlorobenzilate (ISO)
HS: 291818
Acids; carboxylic acids, (with alcohol function but without other oxygen function), citric acid
HS: 291814
Acids; carboxylic acids, (with alcohol function but without other oxygen function), gluconic acid, its salts and esters
HS: 291816
Acids; carboxylic acids, (with alcohol function but without other oxygen function), lactic acid, its salts and esters
HS: 291811
Acids; carboxylic acids, (with alcohol function but without other oxygen function), n.e.s. in item no. 2918.1
HS: 291819
Acids; carboxylic acids, (with alcohol function but without other oxygen function), phenylglycolic acid (mandelic acid), its salts and esters
HS: 291817
Acids; carboxylic acids, (with alcohol function but without other oxygen function), salts and esters of citric acid
HS: 291815
Acids; carboxylic acids, (with alcohol function but without other oxygen function), tartaric acid
HS: 291812
Acids; carboxylic acids, (with alcohol function but without other oxygen function); salts and esters of tartaric acid
HS: 291813
Region/Country
Period 01/2013 - 12/2022
Updated Nov 28, 2022 13:51
Period 01/2013 - 12/2022

Market for Flavoring Syrup And Concentrate in the United States

Market Overview
Production
Imports
Exports
Most Promising Products for Diversification
Most Promising Supplying Countries
Most Promising Overseas Markets
Company Profiles
Monthly Imports
Monthly Exports
Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
The U.S. flavoring syrup and concentrate market reached $ in , almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2013 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption failed to regain momentum.

In value terms, flavoring syrup and concentrate production declined slightly to $ in . The total output value increased at an average annual rate of +% from 2013 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2018; however, from 2019 to , production remained at a lower figure.
{"0": {"data": {"2016": 10.559262702, "2017": 11.205264246, "2018": 11.787149238, "2019": 11.483178712, "2020": 11.585145696, "2021": 11.633012363, "2013": 9.364082431, "2014": 10.484304297, "2015": 10.115853841}, "type": "combochart", "header": "Market Value (billion USD)"}}


Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
For the third consecutive year, the United States recorded growth in consumption of flavoring syrups and concentrates, which increased by % to tons in . Over the period under review, consumption showed modest growth. The growth pace was the most rapid in 2017 when the consumption volume increased by %. Over the period under review, consumption reached the maximum volume in and is likely to see gradual growth in the immediate term.

The size of the flavoring syrup and concentrate market in the United States totaled $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2013 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in and is likely to see gradual growth in the immediate term.
{"0": {"data": {"2016": 1.915841145, "2017": 2.03304974, "2018": 2.138625218, "2019": 2.083473712, "2020": 2.101974297, "2021": 2.110659083, "2022": 2.143119931, "2013": 1.964976143, "2014": 1.902240916, "2015": 1.835390364}, "type": "combochart", "header": "Market Volume (million tons)"}}


Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Driven by increasing demand for flavoring syrup and concentrate in the United States, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
{"0": {"data": {"2016": 1.915841145, "2017": 2.03304974, "2018": 2.138625218, "2019": 2.083473712, "2020": 2.101974297, "2021": 2.110659083, "2022": 2.143119931, "2023": 2.176080011, "2024": 2.209546999, "2025": 2.243528693, "2026": 2.278033007, "2027": 2.31306798, "2028": 2.348641773, "2029": 2.384762672, "2030": 2.421439092, "2013": 1.964976143, "2014": 1.902240916, "2015": 1.835390364}, "type": "combochart", "header": "Market Volume (million tons)"}, "1": {"data": {"2016": 10.559262702, "2017": 11.205264246, "2018": 11.787149238, "2019": 11.483178712, "2020": 11.585145696, "2021": 11.633012363, "2022": 11.917027463, "2023": 12.207976672, "2024": 12.506029284, "2025": 12.811358725, "2026": 13.124142656, "2027": 13.444563075, "2028": 13.772806423, "2029": 14.109063695, "2030": 14.453530546, "2013": 9.364082431, "2014": 10.484304297, "2015": 10.115853841}, "type": "combochart", "header": "Market Value (billion USD, nominal prices)"}}


Market Structure
Please note: Annual data for 2022 are preliminary and subject to revision
Over the period under review, imports of flavoring syrup and concentrate in the United States were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for flavoring syrup and concentrate. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
{"0": {"units": "%", "data": {"2016": 3.1461925304876988, "2017": 2.79038367256081, "2018": 3.5440744064021414, "2019": 3.19918444932124, "2020": 3.124521507885974, "2021": 3.8072644534228646, "2022": "undefined", "2013": 3.5400016558877887, "2014": 2.8172250711907196, "2015": 2.871469962670023}, "type": "combochart", "header": "Share of Imports in Consumption (% based on physical terms)"}, "1": {"units": "%", "data": {"2016": 1.498758307907472, "2017": 1.3474565140567591, "2018": 23.508563665816208, "2019": 27.285728390917686, "2020": 29.070715055079788, "2021": 31.544590768866527, "2022": "undefined", "2013": 1.7568980966609349, "2014": 1.261290193931501, "2015": 1.3257378972444962}, "type": "combochart", "header": "Share of Imports in Consumption (% based on value terms)"}}


Trade Balance
Please note: Annual data for 2022 are preliminary and subject to revision
The United States remains a net importer of flavoring syrup and concentrate; in physical and value terms, imports consistently exceeded exports from 2013 to . In , there was a significant trade deficit of tons, which was equal to $.
{"0": {"units": "thousand tons", "data": {"Imports": {"2016": 60.0, "2017": 57.0, "2018": 76.0, "2019": 67.0, "2020": 66.0, "2021": 80.0, "2013": 70.0, "2014": 54.0, "2015": 53.0}, "Exports": {"2016": 93.0, "2017": 48.0, "2018": 38.0, "2019": 46.0, "2020": 40.0, "2021": 39.0, "2013": 118.0, "2014": 92.0, "2015": 96.0}, "Balance": {"2016": -32.0, "2017": 8.0, "2018": 38.0, "2019": 21.0, "2020": 25.0, "2021": 41.0, "2013": -48.0, "2014": -39.0, "2015": -43.0}}, "type": "linechart", "header": "Trade Balance (thousand tons)"}, "1": {"units": "billion USD", "data": {"Imports": {"2016": "undefined", "2017": "undefined", "2018": 3.0, "2019": 3.0, "2020": 3.0, "2021": 4.0, "2013": "undefined", "2014": "undefined", "2015": "undefined"}, "Exports": {"2016": "undefined", "2017": "undefined", "2018": "undefined", "2019": "undefined", "2020": "undefined", "2021": "undefined", "2013": "undefined", "2014": "undefined", "2015": "undefined"}, "Balance": {"2016": "undefined", "2017": "undefined", "2018": 2.0, "2019": 3.0, "2020": 3.0, "2021": 3.0, "2013": "undefined", "2014": "undefined", "2015": "undefined"}}, "type": "linechart", "header": "Trade Balance (billion USD)"}}


Market Overview
Consumption
Consumption by Country
Consumption by Type
Market Forecast
Market Structure
Trade Balance
Production
Production by Country
Production by Type
Harvested Area
Harvested Area by Country
Harvested Area by Type
Producing Animals
Producing Animals by Country
Producing Animals by Type
Yield
Yield by Country
Yield by Type
Imports
Imports by State
Imports by Country
Imports by Type
Import Prices by State
Import Prices by Type
Import Prices by Country
Exports
Exports by State
Exports by Country
Exports by Type
Export Prices by State
Export Prices by Type
Export Prices by Country
Top Products to Diversify Your Business
Best-Selling Products
Most Consumed Products
Most Traded Products
Most Profitable Products for Exports
Top Countries to Source Your Product
Top Producing Countries
Countries with Top Yields
Top Supplying Countries
Low-cost Supplying Countries
Top Overseas Markets for Exporting Your Product
Top Consuming Markets
Unsaturated Markets
Top Foreign Destinations
Most Profitable Markets
Top Producers
Monthly Imports
Monthly Imports by State
Monthly Imports by Country
Monthly Imports by Type
Monthly Import Prices by State
Monthly Import Prices by Type
Monthly Import Prices by Country
Monthly Exports
Monthly Exports by State
Monthly Exports by Country
Monthly Exports by Type
Monthly Export Prices by State
Monthly Export Prices by Type
Monthly Export Prices by Country
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