MONIN Caramel syrup is one of the most popular and versatile flavors. The caramel's rich taste and fine color are well suited to various drinks. You can make a delicious latte, dessert cocktails and mocktails, vodka shots or even sprinkle it over ice cream from this golden yellow, amber colored syrup. Caramel gets its flavor from caramelized sugar, which is made by melting sugar.