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At a CAGR of 8.2% between 2022 and 2030, the global market for maple syrup is expected to grow to a value of $2.22 billion.
Maple syrup is one of the most transparent, syrupy, and sweet syrups available. It is plant-based and contains essential nutrients for human health. Since maple syrup is used as a topping in so many different food categories, including dairy, cereal, confectionery, and baking, the market for maple syrup is expanding rapidly. The sophisticated, varied, and ever-evolving tastes and preferences of today's consumers are likely also to credit for the meteoric rise in the demand for maple products.
Over the projected period, the maple syrup market is expected to develop because of the rising demand for natural and organic products around the world. Increases in disposable income, an improved economy, and a growing interest in eating healthily are all factors fueling the market's growth. Additionally, the sector is expanding due to the rising demand for baked items such as waffles, cakes, French toast, pancakes, and bread rolls. Maple syrup's use as a natural sweetener in a variety of food preparations further contributes to its growing popularity.
Maple syrup's rising popularity as a topping in the food service industries, particularly in the bakery, confectionery, cereal, and dairy sectors, is fueling the market's expansion. The sophisticated, varied, and ever-evolving tastes and preferences of modern consumers are likely behind the dramatic uptick in demand for maple products. The expansion of the market over the forecast period is anticipated to be driven by the increasing demand for organic and natural products around the world. Market expansion is being fueled by rising disposable income, improved consumer financial situations, and a worldwide rise in the demand for healthy, well-rounded meals. Waffles, cakes, French toast, pancakes, and bread rolls are all increasing in popularity, which is helping to fuel the industry. In addition to this, maple syrup is also employed as a natural sweetener in numerous food products, which in turn further stimulates market expansion.
In early 2020, as the COVID-19 epidemic began to spread, it affected the production and marketing dynamics of the producers. On the 18th and 19th of March, and the 25th and 26th of March, "Maple Weekends" and similar festivals are held by syrup makers in Canada and the United States, inviting the public to come and sample their wares. Because of this, producers have to rethink their strategies for reaching consumers and selling their wares. During that time, there was a meteoric rise in online advertising and retail sales. Canadian provinces took action, branding the sector "essential," which lessened farmers' exposure to financial losses. This allowed the farmers continue syrup production and ensure that they continued their operations even during the pandemic.
Pure maple syrup is produced by boiling down the xylem sap of maple trees. Market expansion over the next several years is anticipated to be spurred by an increase in product uptake as a result of customers' growing preference for natural and organic sweeteners. Furthermore, the rising usage of maple syrup as a substitute for sugar due to the rising prevalence of chronic conditions such as diabetes, cardiovascular diseases, and obesity is expected to further fuel the market expansion during the forecast years.
A prominent market trend that drives the demand for maple syrup goods in developing economies is the constant creation of unique products and attractive inventive packaging. Market expansion is being spurred by the widespread usage of maple syrup in savory dressings, mustards, sauces, spices, and more by both small and large-scale food manufacturers. Market expansion is expected to be fueled by the increasing spending on advertising, promotions, and social media marketing by major players throughout the projected period.
Report Coverage
Global Maple Syrup research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Maple Syrup report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Maple Syrup competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Maple Syrup market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Maple Syrup market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Maple Syrup market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Golden Dog Farm LLC. (U.S.), Les Industries Bernard & Fils (Canada), Maple Joe (Canada), LB Maple Treat Corporation (Canada), Coombs Family Farms (U.S.), Butternut Mountain Farms (U.S.), Ferguson Farm Vermont Maple Syrup (U.S.), Vermont Pleasant Valley Maples (U.S.), B&G Foods Inc. (U.S.), Judd’s Wayeeses Farms (U.S.).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Maple Syrup market based on the below-mentioned segments:
Global Maple Syrup Market, By Source
Red Maple
Black Maple
Sugar Maple
Global Maple Syrup market, By Application
Food and Beverages
Bakery and Confectionary
Flavor Enhancer
Dairy
Frozen Desserts
Global Maple Syrup Market, By End User
Offline
Online
Global Maple Syrup market, Regional Analysis
Maple syrup is one of the most transparent, syrupy, and sweet syrups available. It is plant-based and contains essential nutrients for human health. Since maple syrup is used as a topping in so many different food categories, including dairy, cereal, confectionery, and baking, the market for maple syrup is expanding rapidly. The sophisticated, varied, and ever-evolving tastes and preferences of today's consumers are likely also to credit for the meteoric rise in the demand for maple products.
Over the projected period, the maple syrup market is expected to develop because of the rising demand for natural and organic products around the world. Increases in disposable income, an improved economy, and a growing interest in eating healthily are all factors fueling the market's growth. Additionally, the sector is expanding due to the rising demand for baked items such as waffles, cakes, French toast, pancakes, and bread rolls. Maple syrup's use as a natural sweetener in a variety of food preparations further contributes to its growing popularity.
Maple syrup's rising popularity as a topping in the food service industries, particularly in the bakery, confectionery, cereal, and dairy sectors, is fueling the market's expansion. The sophisticated, varied, and ever-evolving tastes and preferences of modern consumers are likely behind the dramatic uptick in demand for maple products. The expansion of the market over the forecast period is anticipated to be driven by the increasing demand for organic and natural products around the world. Market expansion is being fueled by rising disposable income, improved consumer financial situations, and a worldwide rise in the demand for healthy, well-rounded meals. Waffles, cakes, French toast, pancakes, and bread rolls are all increasing in popularity, which is helping to fuel the industry. In addition to this, maple syrup is also employed as a natural sweetener in numerous food products, which in turn further stimulates market expansion.
In early 2020, as the COVID-19 epidemic began to spread, it affected the production and marketing dynamics of the producers. On the 18th and 19th of March, and the 25th and 26th of March, "Maple Weekends" and similar festivals are held by syrup makers in Canada and the United States, inviting the public to come and sample their wares. Because of this, producers have to rethink their strategies for reaching consumers and selling their wares. During that time, there was a meteoric rise in online advertising and retail sales. Canadian provinces took action, branding the sector "essential," which lessened farmers' exposure to financial losses. This allowed the farmers continue syrup production and ensure that they continued their operations even during the pandemic.
Pure maple syrup is produced by boiling down the xylem sap of maple trees. Market expansion over the next several years is anticipated to be spurred by an increase in product uptake as a result of customers' growing preference for natural and organic sweeteners. Furthermore, the rising usage of maple syrup as a substitute for sugar due to the rising prevalence of chronic conditions such as diabetes, cardiovascular diseases, and obesity is expected to further fuel the market expansion during the forecast years.
A prominent market trend that drives the demand for maple syrup goods in developing economies is the constant creation of unique products and attractive inventive packaging. Market expansion is being spurred by the widespread usage of maple syrup in savory dressings, mustards, sauces, spices, and more by both small and large-scale food manufacturers. Market expansion is expected to be fueled by the increasing spending on advertising, promotions, and social media marketing by major players throughout the projected period.
Report Coverage
Global Maple Syrup research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Maple Syrup report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Maple Syrup competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Maple Syrup market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Golden Dog Farm LLC. (U.S.), Les Industries Bernard & Fils (Canada), Maple Joe (Canada), LB Maple Treat Corporation (Canada), Coombs Family Farms (U.S.), Butternut Mountain Farms (U.S.), Ferguson Farm Vermont Maple Syrup (U.S.), Vermont Pleasant Valley Maples (U.S.), B&G Foods Inc. (U.S.), Judd’s Wayeeses Farms (U.S.). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Maple Syrup Market from 2021 to 2030.
- Market Forecast for Maple Syrup Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Maple Syrup competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Maple Syrup
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Maple Syrup market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Maple Syrup market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Golden Dog Farm LLC. (U.S.), Les Industries Bernard & Fils (Canada), Maple Joe (Canada), LB Maple Treat Corporation (Canada), Coombs Family Farms (U.S.), Butternut Mountain Farms (U.S.), Ferguson Farm Vermont Maple Syrup (U.S.), Vermont Pleasant Valley Maples (U.S.), B&G Foods Inc. (U.S.), Judd’s Wayeeses Farms (U.S.).
Primary Target Market
- Market Players of Maple Syrup
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Maple Syrup market based on the below-mentioned segments:
Global Maple Syrup Market, By Source
Red Maple
Black Maple
Sugar Maple
Global Maple Syrup market, By Application
Food and Beverages
Bakery and Confectionary
Flavor Enhancer
Dairy
Frozen Desserts
Global Maple Syrup Market, By End User
Offline
Online
Global Maple Syrup market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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