The global chocolate syrup market was valued at US$ 2.3 Billion in 2023 and is expected to register a CAGR of 6.1% over the forecast period and reach US$ 3.9 Bn in 2032.
Chocolate syrup is a sweet, chocolate-flavored condiment. Chocolate syrup is made with the unsweetened cocoa, sugar and water. It is often used as a topping or dessert sauce for various desserts. The syrup is available in both commercial and homemade forms. Some variations to chocolate syrup includes corn syrup, vanilla, and preservatives to enhance the flavor and shelf life. It is commonly used as a topping for ice cream, pancakes, and other desserts, as well as a flavoring for milk and coffee. Chocolate syrup is versatile in both hot and cold applications, making it a popular ingredient in various culinary creations and beverages.