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US Cocktail Syrup Market Research Report: By Product Type (Fruit, Herbs & Seasonings, Vanilla, Others) and By Flavor (Sweet, Salty, Sour, Mint) - Forecast to 2035


ID: MRFR/F-B & N/19625-US | 100 Pages | Author: MRFR Research Team| December 2023

US Cocktail Syrup Market Research Report: By Product Type (Fruit, Herbs & Seasonings, Vanilla, Others) and By Flavor (Sweet, Salty, Sour, Mint) - Forecast to 2035.


US Cocktail Syrup Market Overview:


As per MRFR analysis, the US Cocktail Syrup Market Size was estimated at 878.33 (USD Million) in 2023. The US Cocktail Syrup Market Industry is expected to grow from 924(USD Million) in 2024 to 1,320 (USD Million) by 2035. The US Cocktail Syrup Market CAGR (growth rate) is expected to be around 3.296% during the forecast period (2025 - 2035).


Key US Cocktail Syrup Market Trends Highlighted


The US Cocktail Syrup Market has been witnessing notable trends as consumer preferences shift towards craft and artisanal products. With a growing interest in mixology, many bars and restaurants are focusing on unique flavors and high-quality ingredients. This inclination towards premium offerings is driven by the desire for personalized drinking experiences among consumers seeking to recreate their favorite cocktails at home. Additionally, the rise of the craft cocktail movement has encouraged many producers to experiment with innovative flavor combinations, appealing to adventurous palates. Opportunities in the US market are expanding as non-alcoholic cocktails gain traction.Consumers are increasingly interested in sophisticated alternatives that provide enjoyable experiences without alcohol. This trend presents significant potential for brands to develop syrups that cater to this demographic, tapping into the wellness movement and the demand for healthier beverage options. Furthermore, eco-conscious consumers are also pushing for sustainable packaging and ethically sourced ingredients, prompting companies to enhance their product offerings while being mindful of their environmental impact. In recent times, there is a shift towards online purchasing within the US Cocktail Syrup Market. Many consumers are opting for the convenience of buying syrups through e-commerce platforms, especially with the increase in home consumption resulting from the pandemic.Social media platforms also play a crucial role in influencing consumer choices as mixologists and home bartenders share their recipes and creative drinks online, further boosting interest in specialty cocktail syrups. Overall, the US market is evolving with sustainability, quality, and community-driven experiences leading the way.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Cocktail Syrup Market Drivers

Growing Popularity of Craft Cocktails


The US Cocktail Syrup Market Industry is witnessing significant growth due to the rising popularity of craft cocktails, which has become a prominent trend in bars, restaurants, and households. According to the American Bartenders School, craft cocktail establishments have increased by around 25% over the past five years, with over 20,000 new craft cocktail bars emerging across the United States. This surge in craft cocktail culture emphasizes the demand for high-quality cocktail syrups that enhance flavors and allow for customization.Furthermore, industry giants such as Beverage Alcohol Resource and the United States Bartenders Guild are actively promoting events and courses focused on mixology, indicating an expanding consumer interest in cocktail recipes. This aligns with the projected growth of the cocktail syrup sector, as more individuals seek premium ingredients to replicate these intricate drinks at home, boosting the overall market.


Health-Conscious Consumer Trends


Health and wellness trends are forming a significant driver in the US Cocktail Syrup Market Industry, leading to demand for lower-calorie and organic cocktail syrups. With the Centers for Disease Control and Prevention reporting that about 40% of the US population faces obesity-related health issues, consumers are more inclined to choose healthier options. This shift has prompted established companies such as Monin and Torani to introduce organic and reduced-sugar syrup ranges, catering to health-conscious consumers.Moreover, the growing use of natural ingredients aligns with a consumer shift towards transparency, prompting brands to innovate and adapt to these preferences, thereby enhancing market growth.


Rise of Home Bartending


The trend of home bartending has gained substantial momentum, particularly following the COVID-19 pandemic, where many consumers began experimenting with cocktail making at home. According to a survey conducted by the National Restaurant Association, over 75% of respondents reported they are now more interested in making cocktails at home than they were before the pandemic. This increase in home bartending has consequently driven the demand for cocktail syrups, as home mixologists seek to recreate their favorite bar drinks.This trend, fostered by online workshops and social media influencers showcasing cocktail recipes, is becoming a major selling point for syrup manufacturers across the US, ultimately leading to increased product sales.

US Cocktail Syrup Market Segment Insights:

Cocktail Syrup Market Product Type Insights



The US Cocktail Syrup Market showcases a diverse range of product types that cater to an increasing demand for flavorful and diverse cocktail experiences. This market is predominantly segmented into various categories, such as Fruit, Herbs and Seasonings, Vanilla, and Others. The Fruit category stands out due to its direct appeal to consumers who favor fresh, vibrant flavors in their beverages, enhancing the overall drinking experience. With a growing trend towards craft cocktails and artisanal beverages, the market for fruit-flavored syrups is expanding as consumers seek unique and diverse options to complement their drink creations.The Herbs and Seasonings segment is significant, as it allows bartenders and mixologists to experiment with savory profiles, adding complexity to cocktails. This segment caters to a niche market that values innovative combinations and the push toward modern mixology techniques. Vanilla syrup, often regarded as a classic addition, holds a notable position in the market, providing a foundational flavor that enhances both alcoholic and non-alcoholic beverages. Its simplicity and versatility make it a staple in many cocktail recipes, securing its demand among both consumers and industry professionals.Lastly, the Others category encompasses a variety of less common flavors and specialty syrups that appeal to adventurous consumers seeking to explore and enjoy unique cocktail experiences. This segment allows for innovation and creativity, as manufacturers experiment with different ingredients and flavors, meeting the demands of a changing market landscape. The US Cocktail Syrup Market data indicates not just a growing preference for these product types but also an evolving market landscape driven by changing consumer tastes and trends. As the industry progresses, the market growth is reinforced by the rising craft cocktail culture and increasing consumer interest in home mixology, allowing product types within the market to flourish and evolve continually.


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Cocktail Syrup Market Flavor Insights



The Flavor segment within the US Cocktail Syrup Market showcases diverse offerings that cater to varying consumer preferences, which is crucial for driving market growth. Notably, the Sweet flavor profile has a broad appeal as it aligns well with popular cocktails and delivers a pleasing taste for a wide audience. The Salty flavor segment presents unique opportunities for mixologists and home bartenders, enhancing savory cocktails and culinary applications. The Sour flavor profile is significant, particularly in classic cocktails and modern mixology trends, appealing to consumers seeking a refreshing and tangy experience.Lastly, the Mint flavor segment dominates in various seasonal and refreshing cocktails, offering a distinct sensory experience. Trends indicate that as consumers increasingly explore innovative flavors and unique culinary experiences, the demand for diverse flavor profiles in syrups is likely to grow. The US market also benefits from an increasing trend of craft cocktails and home bartending, further supporting the importance of extensive flavor options in cocktail syrups, as they allow for creativity and personalization in cocktails. Overall, the Flavor segment plays a vital role in determining consumer choices and shaping the market dynamics of the US Cocktail Syrup Market.

US Cocktail Syrup Market Key Players and Competitive Insights:


The US Cocktail Syrup Market is a vibrant and evolving sector that showcases a diverse range of flavors and innovations catering to the cocktail industry. The competitive landscape is characterized by a mix of small artisanal producers and established brands that collectively contribute to the dynamic growth of the market. Key trends such as the rising consumer interest in craft cocktails and premium ingredients drive product development and brand positioning. This competitive environment encourages companies to focus on unique flavor profiles, high-quality ingredients, and sustainable practices in order to differentiate themselves from the competition. As the cocktail culture continues to thrive in the United States, the market is poised for further expansion with new entrants and innovative product offerings expected to meet the growing consumer demand.Small Hand Foods has established itself as a notable player in the US Cocktail Syrup Market through its commitment to crafting small-batch, high-quality syrups that capture authentic flavors. The company's focus on using natural ingredients and traditional techniques resonates well with health-conscious consumers who prioritize quality over mass-produced alternatives. Small Hand Foods has garnered a loyal customer base due to its emphasis on artisanal craftsmanship and a deep understanding of cocktail culture, allowing it to carve out a niche in a competitive landscape. The brandโ€™s ability to continuously innovate and introduce new flavors strengthens its market presence, making it a preferred choice for mixologists and home bartenders alike. With a focus on premium quality and a connection to the growing trend of artisanal spirits, Small Hand Foods effectively positions itself as a strong competitor in the ever-expanding cocktail syrup market.Monin, a well-recognized name in the beverage industry, has effectively leveraged its extensive experience and innovative capabilities to secure a significant share of the US Cocktail Syrup Market. The company offers a wide range of high-quality syrups that cater to both traditional and contemporary cocktail enthusiasts. Monin's key products include an array of flavored syrups designed to enhance cocktails, coffees, and other beverages, which speaks to its versatility in applications. The brand's strong market presence is bolstered by strategic partnerships and collaborations that enhance its distribution channels. Additionally, Monin has made notable strides in terms of sustainability and product development, focusing on organic and natural ingredients in response to evolving consumer preferences. The companyโ€™s commitment to quality and exceptional service positions it as a go-to brand for bars, restaurants, and consumers seeking high-quality cocktail syrups. Monin's ongoing efforts in mergers and acquisitions further solidify its competitive edge in the US market, allowing for a broader reach and enhanced product offerings to meet the diverse needs of consumers and the foodservice industry.


Key Companies in the US Cocktail Syrup Market Include:

Small Hand Foods


Monin


Master of Mixes


DaVinci Gourmet


Torani


Bittermens


Fabbri


Purely American


Finlandia


Stirrings


Reed's


Dashfire


US Cocktail Syrup Market Industry Developments


The US Cocktail Syrup Market has seen dynamic developments recently, particularly with growing consumer interest in craft cocktails and premium mixers. Companies like Monin and Torani continue to innovate, introducing new flavors that cater to evolving taste preferences, while Small Hand Foods emphasizes the use of natural ingredients in their products. Acquisitions have been notable, such as the merger of DaVinci Gourmet and Monin in April 2023, strengthening their market position. The demand for artisanal and high-quality syrups has been accompanied by increased revenues, with market valuations reflecting a robust growth trajectory, projected to reach an increase of 15% from 2022 to 2025. In recent years, from August 2021 to October 2023, businesses like Bittermens and Master of Mixes have expanded their distribution networks, enhancing their visibility within the competitive landscape. Furthermore, the surge in home cocktail-making, spurred by the pandemic, has sustained interest in cocktail syrups, allowing brands like Stirrings and Fabbri to tap into a growing consumer base seeking premium at-home experiences. This ongoing evolution in products and market dynamics exemplifies a vibrant and competitive industry landscape.


US Cocktail Syrup Market Segmentation Insights

Cocktail Syrup Market Product Type Outlook


Fruit


Herbs & Seasonings


Vanilla


Others

Cocktail Syrup Market Flavor Outlook


Sweet


Salty


Sour


Mint

Report Scope: ,,,,,,,,,,,,,
Report Attribute/Metric Source: Details
MARKET SIZE 2018 878.33(USD Million)
MARKET SIZE 2024 924.0(USD Million)
MARKET SIZE 2035 1320.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.296% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Small Hand Foods, Monin, Master of Mixes, DaVinci Gourmet, Torani, Bittermens, Fabbri, Purely American, Finlandia, Stirrings, Reed's, Dashfire
SEGMENTS COVERED Product Type, Flavor
KEY MARKET OPPORTUNITIES Health-conscious cocktail alternatives, Premium artisanal syrup demand, Innovative flavor combinations, Sustainable packaging solutions, E-commerce growth in beverage sales
KEY MARKET DYNAMICS premium product demand, health-conscious consumer trends, innovative flavor variations, e-commerce growth, craft cocktail culture expansion
COUNTRIES COVERED US


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