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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1685192

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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1685192

Maple Syrup Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

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PAGES: 200 Pages
DELIVERY TIME: 2-3 business days
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The Global Maple Syrup Market was valued at USD 1.7 billion in 2024 and is projected to expand at a robust CAGR of 6.8% from 2025 to 2034. This impressive growth is primarily driven by the rising consumer preference for natural sweeteners over artificial alternatives. As people become more health-conscious, they are increasingly turning to maple syrup as a healthier option. Maple syrup is widely recognized for its natural origin and nutrient-rich composition, making it a popular choice among those seeking to reduce their sugar intake while still satisfying their sweet tooth. Moreover, the growing awareness surrounding health and wellness has further contributed to the surge in demand for natural products like maple syrup.

Maple Syrup Market - IMG1

The production of maple syrup involves a meticulous process of tapping sap from maple trees, which is then boiled down to concentrate the sugars before being packaged for consumers. Despite facing significant challenges during the pandemic, such as workforce shortages, regulatory shifts, and restricted access to traditional sales channels, the maple syrup industry has displayed remarkable resilience. As the market continues to recover, it is on track for substantial growth in the coming years.

Market Scope
Start Year2024
Forecast Year2025-2034
Start Value$1.7 Billion
Forecast Value$3.2 Billion
CAGR6.8%

The conventional segment of the maple syrup market reached USD 1.4 billion in 2024, with a steady growth rate of 6.8% CAGR projected through 2034. Conventional maple syrup production methods are celebrated for their high-quality output and rich, authentic flavor. This quality and tradition make it the preferred choice for both producers and consumers, who associate it with authenticity and superior taste.

Meanwhile, the black maple segment, valued at USD 1.1 billion in 2024, is expected to grow at a slightly lower CAGR of 6.6% during the forecast period. Black maples are known for producing sap with higher sugar content than other maple varieties, making them ideal for syrup production. The increased demand for maple syrup derived from black maple sap is a significant contributor to the segment's growth, given its distinct, richer flavor profile.

In the U.S., the maple syrup market generated USD 967.5 million in 2024 and is expected to grow at a CAGR of 6.7% through 2034. The northeastern United States, along with eastern Canada, provides the perfect climate for maple syrup production, with cold winters and warm spring days creating the ideal conditions for sap flow. The traditional sugaring process, combined with modern advancements in maple syrup production, continues to drive the market in these regions, making the U.S. one of the largest producers and consumers of maple syrup globally.

Product Code: 7191

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Market scope & definitions
  • 1.2 Base estimates & calculations
  • 1.3 Forecast calculations
  • 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 Industry synopsis, 2021-2034

Chapter 3 Industry Insights

  • 3.1 Industry ecosystem analysis
    • 3.1.1 Factor affecting the value chain
    • 3.1.2 Profit margin analysis
    • 3.1.3 Disruptions
    • 3.1.4 Future outlook
    • 3.1.5 Manufacturers
    • 3.1.6 Distributors
  • 3.2 Supplier landscape
  • 3.3 Profit margin analysis
  • 3.4 Key news & initiatives
  • 3.5 Regulatory landscape
  • 3.6 Impact forces
    • 3.6.1 Growth drivers
      • 3.6.1.1 Growing consumer demand
      • 3.6.1.2 Increasing export of maple syrup
    • 3.6.2 Industry pitfalls & challenges
      • 3.6.2.1 Climate variability
      • 3.6.2.2 Labor intensity
  • 3.7 Growth potential analysis
  • 3.8 Porter’s analysis
  • 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

  • 4.1 Introduction
  • 4.2 Company market share analysis
  • 4.3 Competitive positioning matrix
  • 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Category, 2021-2034 (USD Million) (Tons)

  • 5.1 Key trends
  • 5.2 Organic
  • 5.3 Conventional

Chapter 6 Market Estimates & Forecast, By Type, 2021-2034 (USD Million) (Tons)

  • 6.1 Key trends
  • 6.2 Black maple
  • 6.3 Red maple
  • 6.4 Sugar maple

Chapter 7 Market Estimates & Forecast, By Distribution Channel, 2021-2034 (USD Million) (Tons)

  • 7.1 Key trends
  • 7.2 Supermarkets/hypermarkets
  • 7.3 Convenience stores
  • 7.4 Specialty stores
  • 7.5 Online sales
  • 7.6 Others

Chapter 8 Market Estimates & Forecast, By Region, 2021-2034 (USD Million) (Tons)

  • 8.1 Key trends
  • 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
    • 8.3.6 Russia
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 India
    • 8.4.3 Japan
    • 8.4.4 South Korea
    • 8.4.5 Australia
  • 8.5 Latin America
    • 8.5.1 Brazil
    • 8.5.2 Mexico
  • 8.6 MEA
    • 8.6.1 South Africa
    • 8.6.2 Saudi Arabia
    • 8.6.3 UAE

Chapter 9 Company Profiles

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

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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