1. Home
  2. > Beverage Market Trends
Global Cocktail Syrups Market By Product, By Flavor, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027

Global Cocktail Syrups Market By Product, By Flavor, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027

  • September 2021
  • 144 pages
  • ID: 6177759
  • Format: PDF
  • KBV Research


Table of Contents

The Global Cocktail Syrups Market size is expected to reach $6.8 billion by 2027, rising at a market growth of 8.8% CAGR during the forecast period. The cocktail is an alcoholic drink that is made from a wide range of alcohol like vodka, tequila, gin, rum, or brandy blended with some other ingredients like cream, herbs, fruit juice, milk, honey, sugar, and other flavorings. Cocktail Syrups are concentrated simple or flavored liquid, which is made up of water, sugar, and different flavors as per the requirement of the cocktail.

The expanding consumption of cocktails due to the increasing disposable income and the shifting lifestyle of the consumer would support the cocktail syrups market in the coming years. Additionally, the high availability of vegetable & botanical cocktails is among the key driving factors of the cocktail syrups market. Furthermore, the high cocktail consumption and more engrained cocktail culture in nations like the U.S. are estimated to open lucrative opportunities for the key players of the market. Though, excess consumption of alcoholic drinks can lead to liver & heart damage, cancer development, and depression, which is anticipated to hamper the growth of the cocktail syrups market.

Creative innovation in cocktails like the usage of real fruit juices with no added artificial sweeteners would surge the demand for cocktail syrups in the market. Furthermore, cocktails provide a variety of options to the customers regarding innovative products and healthier choices like cocktails blended with ginger or lavender, which are beneficial for a person’s health. Thus, bartenders are majorly aiming at the innovations of new cocktails utilizing natural and healthy ingredients, which would contribute to the growth of the cocktail syrups market.

COVID-19 Impact Analysis

The outbreak of the global COVID-19 pandemic has affected various segments of the business domain. Due to the various restrictions imposed across various nations like lockdown, travel ban, a temporary ban on all the non-essential places, and others, the demand for many non-essential products has witnessed a slowdown. In particular, the COVID-19 pandemic has negatively impacted the demand for cocktail syrups in the market.

The abrupt and extended shutdown of non-essential businesses like bars, restaurants, pubs, and hotels, has declined the sales of cocktail syrups in the market during the lockdown period. Though, the demand for cocktail syrups in the household sector has increased during the lockdown period. In addition, the growing culture of at-home cocktails due to the quality and convenience offered by a variety of cocktail syrups are propelling the demand for cocktail syrups in the market.

Market Growth Factors:

Growing party culture among millennials and youngsters

The widely acceptable party culture among the young generation across the globe is one of the key aspects surging the growth of the cocktail syrups market. The ongoing trend of consuming drinks with low alcohol content with varied flavors is motivating more youngsters to try them. These cocktails are very popular among youngsters as they provide a balanced drink of alcohol with their preferred flavor.

The increasing disposable income of the customers

The shifting preference of the customers from traditional cocktail syrups to premium cocktail syrups with better flavor, lower sugar content, and natural ingredients is supporting the growth of the cocktail syrups market in the coming years. In addition, the rising disposable income of the consumers is also motivating customers to consume these drinks at home or at places like pubs, clubs, and others.

Market Restraining Factor:

The increasing population of teetotalers

There are many people who do not consume alcohol content, which is estimated to hamper the demand for cocktail syrups in the market. Many religions do not allow the consumption of alcohol, and hence, the followers of the respective religion do not consume alcohol content. Moreover, the population of teetotalers is surging which is further restricting the demand for cocktails syrups in the market.

Product Outlook

Based on Product, the market is segmented into Fruit, Herbs & Seasonings, Vanilla and Other Products. The herbs & seasonings segment is anticipated to showcase the fastest growth rate during the forecast period. These herb- and seasoning-infused cocktail syrups have become more popular among the consumers in the last few years. Herbs mix perfectly with spirits such as whiskey, vodka, and tequila. There are several popular herb flavors for cocktails available in the market including lavender, basil, mint, rosemary cinnamon, ginger, dill, cardamom, and lemon verbena.

Flavor Outlook

Based on Flavor, the market is segmented into Sweet, Sour, Salty, and Mint. Sweet flavored cocktail syrup dominated the market with the highest market share in 2020. It is because fruity and sweet cocktail syrups are relatively popular among customers in the U.S. since these syrups help in balancing the sourness or bitterness of hard spirits such as whiskey and rum. Customers who want to do experiments with hard alcohol would need these cocktail syrups to enhance and control the flavor of their drink.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific is projected would be the fastest growing region in the cocktail syrups market during the forecast period due to the growing adoption of flavored alcoholic drinks among the younger population of developing nations such as China, India, Bangladesh, Vietnam, and Indonesia.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group PLC, Archer Daniels Midland Company, Doehler Group SE, MONIN, Toschi Vignola s.r.l., Giffard, Bristol Syrup Company Ltd, and Liber & Co.

Strategies Deployed in Cocktail Syrups Market

Aug-2021: MONIN expanded its business by establishing a manufacturing plant in Telangana, India. This manufacturing plant is the company’s plan of investing Rs. 200 crores for its first phase in establishing the plant. The company has also established an R&D center in Hyderabad to make some new flavors and product categories.

Jul-2021: MONIN launched Energy Boost. This energy boost includes natural caffeine, low calories, and zero sugar.

Aug-2020: Giffard expanded its product portfolio with its new spicy liqueur. This new spicy liqueur is infused with native Espelette peppers, which are bottled at 40% ABV, the liqueur embraces two trends including spiciness & craftsmanship, and provides a strong spiciness with complex aromas and smooth & warm notes.

Jan-2020: Kerry Group teamed up with DaVinci Gourmet, innovative global syrups and sauces brand. Under this collaboration, DaVinci Gourmet unveiled DaVinci Gourmet Beverage Boost, which is a naturally flavored beverage syrup that could be easily added to several daily beverages. The syrup is prepared with Wellmune, which is a part of Kerry’s ProActive Health portfolio to assist in strengthening the normal function of the immune system.

Dec-2019: Bristol Syrup Company came into partnership with The Alchemist, a bar and restaurant chain. Under this partnership, Bristol Syrup Company’s premium cocktail syrups would be utilized heavily across The Alchemist’s latest theatrical winter drinks menu.

Aug-2019: MONIN unveiled Guava and Ginger purees. These two flavors are the latest additions to the prevailing 18-flavor product line of Monin Purées. In addition, Monin Purées are prepared with no artificial colors, preservatives, flavors, or artificial sweeteners along with that, these purees are Non-GMO, vegan, dairy-free, gluten-free, kosher, and halal.

Aug-2019: MONIN introduced Pink Peppercorn syrup. This syrup is the latest addition to the Monin portfolio that captures the distinct aromatic and floral features of the vibrant South American berry. Monin Pink Peppercorn can be blended with a wide variety of cocktails and non-alcoholic serves, which are made to help bartenders accelerate G&Ts and premiumise soft beverages. This Pink Peppercorn syrup does not contain artificial flavorings and colorings are apt for vegans and are allergen-free.

Aug-2017: Giffard launched Giffard Caribbean Pineapple and Giffard Fruit de la Passion in the US. These tropical flavors are perfect for the Tiki cocktail resurgence and resurgence of playful, tropical cocktails, which showcase the strong natural flavors.

Jul-2017: Archer Daniels Midland Company released Fruit Up in North America. This launch would offer food, drink, and snack developers with the latest option to add sweetness from fruit to their new food innovations. This low-glycemic and non-GMO ingredient is a perfect component for clean-label foods and drinks. The sweet taste and neutral flavor of Fruit Up help product developers to add sweetness to a range of food & beverage products, decrease added sugar, and round out whole flavor and mouth feel.

Scope of the Study

Market Segments covered in the Report:

By Product

• Fruit

• Herbs & Seasonings

• Vanilla

• Other Products

By Flavor

• Sweet

• Sour

• Salty

• Mint

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Australia

o Rest of Asia Pacific


o Brazil

o Argentina


o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• Kerry Group PLC

• Archer Daniels Midland Company

• Doehler Group SE


• Toschi Vignola s.r.l.

• Giffard

• Bristol Syrup Company Ltd

• Liber & Co.

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Food Colorants Market Research Report by Product, Solubility, Form, Application, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Global Forecast 2023-2030

  • $ 3949
  • January 2023
  • 243 pages

Food Colorants Market Research Report by Product (Natural and Synthetic), Solubility, Form, Application, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Global Forecast ...

  • World
  • Beverage
  • Marketing Research
  • Industry analysis

Hot Drinks in Qatar $ 2100 December 2022

Hot Drinks in Serbia $ 2100 December 2022


Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on