Maple Syrup Market Size - By Category, Type, Distribution Channel, Regional Outlook & Global Forecast, 2023-2032

Description

List of Tables

Maple syrup market size is projected to expand at 6.7% from 2023 to 2032, driven by the increasing consumer demand for natural and organic sweeteners. The rising awareness of maple syrup is elevating its popularity as a healthier alternative to traditional sweeteners. Additionally, the emerging trend of clean-label products is driving the adoption of maple syrup in various culinary applications, from breakfast items to desserts.

The rising association of maple syrup with various authenticity and artisanal production methods for innovations for appealing to consumers seeking high-quality and flavorful options will also boost the market growth. For instance, in March 2022, PepsiCo, an American multinational food, snack, and beverage corporation, launched its limited-edition 'maple syrup cola' in collaboration with IHOP, the U.S. pancake restaurant chain.

The maple syrup industry is segregated into category, type, distribution channel, and region.

Based on category, the market size from the organic segment is projected to record 7.7% CAGR through 2032, driven by the increasing consumer preference for natural and chemical-free products. The surging demand for organic maple syrup is also fueled by the jump in health-conscious consumers seeking high-quality, environmentally friendly options.

With respect to type, the sugar maple syrup industry is estimated to accumulate substantial revenue share, depicting over 9% rate from 2023-2032. The growth is led by its unique and desirable flavor profile. The rising consumer preference for authentic and traditional maple syrup coupled with the distinctive characteristics of sugar maple will fuel the segment growth.

With respect to distribution channel, the market share from the online sales segment will reflect over 6% CAGR during 2023-2032. The increasing trend of e-commerce is providing consumers with convenient access to a diverse range of maple syrup products. The competitive pricing along with the convenience of home delivery offered by online channels will boost the product sales from these platforms.

Regionally, the Europe maple syrup industry is anticipated to witness 6.4% CAGR through the analysis timeline, driven by the rising popularity of natural sweeteners, diverse culinary applications, and the rising preference for authentic and high-quality products. Changing consumer tastes and the high adoption of maple syrup in various cuisines will also fuel the regional market.

Product Code: 7191

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Maple Syrup Market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
2.3 Regional trends
2.4 Category trends
2.5 Type trends
2.6 Distribution Channel trends

Chapter 3 Maple Syrup Market Industry Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 China-U.S. trade war impact
3.4 Industry ecosystem analysis
3.5 Type & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
- 3.7.1 Partnership/Collaboration
- 3.7.2 Merger/Acquisition
- 3.7.3 Investment
- 3.7.4 Product launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
- 3.9.1 Growth drivers
- 3.9.2 Industry pitfalls & challenges
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Maple Syrup Market Estimates & Forecast, By Category

5.1 Key trends, By Category
5.2 Organic
5.3 Conventional

Chapter 6 Maple Syrup Market Estimates & Forecast, By Type

6.1 Key trends, By Type
6.2 Black Maple
6.3 Red Maple
6.4 Sugar Maple

Chapter 7 Maple Syrup Market Estimates & Forecast, By Distribution Channel

7.1 Key trends, By Distribution Channel
7.2 Supermarkets / Hypermarkets
7.3 Convenience Stores
7.4 Specialty Stores
7.5 Online Sales
7.6 Others

Chapter 8 Maple Syrup Market Estimates & Forecast, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Indonesia
- 8.4.6 Australia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 Saudi Arabia
- 8.6.3 South Africa
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 Federation of Quebec Maple Syrup Producers (FQMSP)
9.2 B&G Foods (Mrs. Butterworth's)
9.3 The J.M. Smucker Company (Log Cabin)
9.4 Les Industries Bernard et Fils Ltee
9.5 Bascom Maple Farms
9.6 Highland Sugarworks
9.7 Turkey Hill Sugarbush
9.8 Ontario Maple Syrup Producers Association
9.9 American Garden
9.10 Monin
9.11 Crown Maple Syrup
9.12 Nature's Way Products