Consumer demand for unique and innovative cocktail flavours is expected to increase in the near future, with a 5.20% CAGR from 2023 to 2032.

Market Research Future (MRFR) has published a cooked research report on the “Global Cocktail Syrup Market ”that contains information from 2018 to 2032.The Cocktail Syrup Market is estimated to register a CAGR of 5.20%during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global cocktail syrup market— Kerry Group PLC; Liber & Co.; MONIN; The Simple Syrup Co.; ADM WILD Europe GmbH & Co. KG; Bristol Syrup Company; Döhler; Toschi Vignola s.r.l.; Giffard and others.

Market Highlights

The global cocktail syrup market is accounted to register a CAGR of 5.20%during the forecast period and is estimated to reach USD 6.6 billion by 2032.

Cocktail syrups with botanical and organic ingredients in vibrant flavours are projected to give new growth prospects for manufacturers in the future years. Several companies have reduced their use of artificial flavours and colours by employing natural substances. Demand for syrups with natural ingredients, colouring agents, and additives is rising as more customers become health aware. In recent years, young customers and the working-class populace have embraced cocktail beverages in their favoured flavours. Customers are enamoured with the flavoured alcoholic beverages available to them. Furthermore, among the younger generation, there is an increasing desire for novel alcoholic beverages with low ABVs ranging from 4%-7% and a diverse flavour variety.

Segment Analysis

The global cocktail syrup market has been segmented based product and flavor

On the basis of product, the market is segmented into fruit, herbs & seasonings, vanilla and others. During the forecast period, the fruit sector dominated the global market in terms of revenue.

Based on flavor, the global cocktail syrup market has been segmented into sweet, salty, sour, and mint. In 2022, the sweet cocktail syrup will command a sizable share of the global market. Sweet cocktails are gaining popularity and trends in the global market among clients due to its flavour and sweetness.

Regional Analysis

The global cocktail syrup market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Cocktail Syrup Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Cocktail Syrup Marketin Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Cocktail Syrup Market comprises of Middle East, Africa, and Latin America.

North America earned more than 45% of sales in 2022 and is increasing at an exponential rate. The shifting consumer interest in flavoured alcoholic drinks/beverages is expected to retain North America's dominance over the projected timeframe. In addition, the region's growing bar and restaurant industry is driving increasing demand for cocktail syrups. Along with this, the growing popularity of making alcoholic beverages is fueling the expansion of the cocktail syrup market in the area.

In addition, in 2022, Europe was the second largest market, accounting for more than 30% of the total. The demand for low-alcoholic cocktails and flavoured beverages among millennials across the area is expected to be a major factor driving the growth of the Europe cocktail syrups market. Cocktail syrup consumption is quite popular in European countries such as the United Kingdom, France, Germany, owing to the existence of numerous manufacturers producing unique goods.

During the projection period, Asia Pacific is expected to grow at the fastest rate. Cocktail demand and consumption are increasing in Asia Pacific as consumers, particularly millennials and Gen Z, seek safer and more thoughtful drinking options. Several bartenders in this region are increasingly drawing inspiration from mixology to create innovative cocktails for customers. Several cocktails created with fruit juices, fruit pulps, and various other syrups, for example, have become popular in Japan among consumers who are hesitant to drink beer or heavy spirits because they are concerned about feeling hungover the next day. This has fueled the use of diverse syrups in a variety of cocktails.

Furthermore, the rest of the worlds Cocktail Syrup Marketis divided into the Middle East, Africa, and Latin America. Cocktail popularity is booming, as is the hotel industry in these areas. Consumers' taste buds have been intrigued by the various flavour profiles and the art of mixology, fuelling the need for cocktail syrups. As a result, these regions have emerged as key drivers to market expansion.

Key Findings of the Study

• The global cocktail syrup market is expected to reach USD 6.6 billion by 2032, at a CAGR of 5.20% during the forecast period.


• Europe was the second-largest market in 2022, accounting for more than 30% of the total. The desire for low-alcoholic cocktails and flavor-infused beverages among millennials across the region is likely to be a major driver of the Europe cocktail syrups market's expansion.


• The market is divided into product categories such as fruit, herbs & seasonings, vanilla, and others. In terms of revenue, the fruit sector led the global market throughout the projection period.


• Kerry Group PLC; Liber & Co.; MONIN; The Simple Syrup Co.; ADM WILD Europe GmbH & Co. KG; Bristol Syrup Company; Döhler; Toschi Vignola s.r.l.; Giffard and others.