According to a research report published by Spherical Insights & Consulting, the Global Lychee Syrup Market Size Expected to Grow from USD 528.5 Million in 2023 to USD 964.7 Million by 2033, at a CAGR of 6.20% during the forecast period 2023-2033.

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Lychee (Litchi chinensis Sonn.), cultivated in the southern Guangdong Province for thousands of years, is a major subtropical evergreen fruit crop and belongs to the Sapindaceae family. China is thought to be its birthplace. Due to its extreme climatic requirements, it is probably cultivated in only a few regions of the world. Originally brought from Burma to India in the 18th century, the lychee soon found its place in other parts of the subcontinent. At present, China and India account for 91 percent of lychee production. Domestically, the fruits are sold, but the market for lychee syrup is burgeoning significantly with increasing momentum held mainly by the increasingly popular tropical and exotic taste perceptions that are making their way into cuisines worldwide. The growth of the food and beverage industry, especially in hospitality and specialty drinks, has driven the market significantly. Bars and restaurants are always trying new things with their menus to attract customers, such as adding lychee syrup to specialty drinks and premium menu items. Consumers are seeking more unique flavor experiences, which in turn is leading to an increase in the demand for lychee-flavored products. However, allergic reactions can be caused by lychee syrup. An allergic reaction may be caused by overeating. The fruit may lead to difficulty breathing, swelling, itching, and redness that would block the market.

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Lychee Syrup Market Size, Share, and COVID-19 Impact Analysis, By Nature (Organic and Conventional), By Packaging (Bottles, Cans, and Others), By Distribution Channel (On-Trade and Off-Trade), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecasts to 2033

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The conventional segment accounted for the largest revenue share over the forecast period.

Based on the nature, the lychee syrup market is categorized into organic and conventional. Among these, the conventional segment accounted for the largest revenue share over the forecast period. The growth is attributed to a growing demand for exotic and tropical fruit flavors in the food and beverage industry, stimulating the development of the conventional lychee syrup market. People are becoming inclined toward lychee because of its sweet and flowery flavor.

The bottles segment is anticipated to grow at the highest CAGR during the forecast period.

Based on the packaging, the lychee syrup market is categorized into bottles, cans, and others. Among these, the bottles segment is anticipated to grow at the highest CAGR during the forecast period. The growth is driven by culinary and beverage spaces that are increasingly being beset by rising consumer demands for convenience and simplicity. With the bottle packaging option, storage and preservation of the syrup are ably done to ensure that its freshness and flavor are retained over time. Furthermore, the bottle offers a consumer-friendly format for easy pouring and measurement, thus serving home users and cafes looking for a steady lychee flavor in their foods and drinks.

The off-trade segment dominates the market with the highest market share through the forecast period.

Based on the distribution channel, the lychee syrup market is categorized into on-trade and off-trade. Among these, the off-trade segment dominates the market with the highest market share through the forecast period. The segmental growth is attributed to a variety of people finding lychee syrup interesting because it can be found in supermarkets, retail stores, and online marketplaces. In addition to that, this syrup can be incorporated into different sweets, cocktails, and any other dishes of Asian inspiration. Off-trade sales are outcomes of this boom in home mixing and cooking trends greatly accentuated through social media.

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North America is projected to hold the largest share of the global lychee syrup market over the forecast period.

North America is projected to hold the largest share of the global lychee syrup market over the forecast period. The market for lychee syrup thriving in North America is driven primarily by the need to have ingredients with distinction in beverages or food preparations and the tendency toward health-conscious consumption. The sweet and flowery taste of lychee syrup has made it a more highly demanded ingredient in dessert and beverage applications, as consumers tend to be very curious about trying new and interesting tastes in the products they consume. This increased the market for lychee syrup.

Asia Pacific is expected to grow at the fastest CAGR of the global lychee syrup market during the forecast period. Several factors are driving this growth regarding increasing demands for lychee syrup in the regions without traditional cooking and modern preparation. Increasing demand is also driven by rising interests in innovative mixology and beverage and drink creation, where lychee syrup is prized for its unique flavor.

The European region is witnessing significant growth in the lychee syrup market. The biofuel sector has also had a significant impact on the European lychee market. Satisfies the increasing demand among European consumers for unique, high-quality ingredients to brighten their kitchen’s sweet and exotic lychee syrup. The increase in gourmet food markets and specialist stores across Europe has given many customers easier access to try out special products such as lychee syrup.Major vendors in the global lychee syrup market are Monin Inc., Torani, DaVinci Gourmet, Sonoma Syrup Co., Giffard, Sweetbird, Reàl Cocktail Ingredients, Teisseire, B.G. Reynolds, GREEN WORLD IMPORT EXPORT CO., LTD, 1883 Maison Routin, Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In June 2024, a new lychee milkshake is being added to the Asian Sweets range in Japan by McDonald’s. Such dessert products are often Japanese-themed.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global lychee syrup market based on the below-mentioned segments:

Global Lychee Syrup Market, By Nature

• Organic
• Conventional

Global Lychee Syrup Market, By Packaging

• Bottles
• Cans
• Others

Global Lychee Syrup Market, By Distribution Channel

• On-Trade
• Off-Trade
• Hypermarket/Supermarket
• Online
• Others

Global Lychee Syrup Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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