– Simple Recipe. This homemade vanilla syrup recipe could not be easier. It uses 3 ingredients with just 3 simple steps. Whip up a big batch during meal prep and enjoy it in your favorite coffee drinks all week long. – Use on anything. This vanilla bean syrup can be used for so many different things, like coffee, lattes, pancakes and cocktails!  – Easy to customize. While this recipe calls for granulated sugar, you can easily swap it our for your favorite sugar alternative if you prefer to make sugar-free vanilla syrup. Both monk fruit or stevia work well in this recipe.