Global Cocktail Syrups Market: Regional Insights
Based on geography, the global cocktail syrups market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regionally, North America is expected to dominate the global cocktail syrups market. This is largely due to the high consumption of western-style cocktails in the region, and the rising popularity of home bartending. In addition, the growing bar and restaurant industry in the region is again fueling regional market growth.
Europe is expected to witness fastest growth in the global cocktail syrups market over the forecast period. The growing trend of cocktail parties in Europe is contributing to the growth of the market in this region. Moreover, expanding foodservice and food retail is further projected to foster market growth.
Figure 1. Global Cocktail Syrups Market, By Region, 2023
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