Maple Syrup Market 2021-2024: Growth Drivers, Business Statistics, Top Region with Share, and Revenue Analysis

Maple Syrup

The “Maple Syrup Market” Report provides a thorough examination of the market. The Maple Syrup Market research investigates how firms in the Maple Syrup Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Maple Syrup market report.

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Competitor Analysis:

Maple Syrup market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • B&G Foods
  • J.M Smucker
  • Federation of Quebec Maple Syrup Producers
  • Les Industries Bernard et Fils Ltee
  • LB Maple Treat
  • Bascom Maple Farms Inc

    Market Overview:

  • The Global Maple Syrup market is estimated to reach USD 1.17 billion by 2024. It is expected to witness a CAGR of 5% during the forecast period (2019-2024). Maple syrup is widely used as a topping for various bakery products, such as waffles, cakes, pancakes, bread rolls, and French toasts. The increased utilization of maple syrup in the confectionary, bakery, cereal, and dairy industries may likely intensify the demand for maple syrup. Growing consumer demand for natural and organic products is also expected to help the sales of maple syrup, during the forecast period. The introduction of products, like organic maple syrup, strengthens the competitive environment in the global market.

    Key Market Trends:

    Growing global demand for Maple syrup

    The global maple syrup market is most likely to witness significant growth, due to increased demand in bakery applications such as waffles, pancakes, coffee cake, and bread rolls. According to the Federation of Quebec Maple Syrup Producers, by the end of 2017, it was expected that Canada would be producing 80% of the global demand of maple syrup, with approximately 85-90% of the maple syrup produced in Canada coming from Quebec. This growing production rate is expected to drive the overall global market for maple syrup, catering to the growing demand in developing regions. Many producers of maple syrup are widening their product offerings as per the rise in demand for maple syrup as a flavoring agent in an assortment of food products due to which there is a witness in the growth of global maple syrup market.

    Major distribution channels – Hypermarket/Supermarket

    Factors, such as the growth of the organized retail around the world and the availability of products from different brands, will drive the growth prospects of maple syrup in this category. Supermarkets are responding to the growing number of cost-conscious consumers by introducing cheaper, imported products and increasing their private label offerings for maple syrup. Customers find it beneficial to shop from such retails stores, as they offer attractive discount offers, schemes, and bulk purchases. Walmart, Tesco, Waitrose & Partners, and Marks & Spencer are some of the major hypermarkets/supermarkets operating in the global maple syrup market.

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    Scope of the Report:

    The market studied is segmented by distribution channels (Supermarket/Hypermarket, Convenience Store, Independent Retailer, and Other distribution channels (Supermarket and Hypermarket, Convenience Store, Independent Retailer, and Other Distribution Channels) and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

    Highlighted points of Maple Syrup Market Report:

    • Varying dynamics of the Maple Syrup industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Maple Syrup market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Maple Syrup market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Maple Syrup Market report:

    • The Maple Syrup market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Maple Syrup market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Maple Syrup market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Maple Syrup Market Report:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study


    3.1 Market Overview

    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5.1 Distribution Channel
    5.1.1 Supermarket and Hypermarket
    5.1.2 Convenience Store
    5.1.3 Independent Retailer
    5.1.4 Other Distribution Channels
    5.2 Geography
    5.2.1 North America United States Canada Mexico Rest of North America
    5.2.2 Europe Germany United Kingdom France Russia Spain Italy Rest of Europe
    5.2.3 Asia-Pacific India China Japan Rest of Asia-Pacific
    5.2.4 South America Brazil Argentina Rest of South America
    5.2.5 Middle East & Africa UAE South Africa Rest of Middle East & Africa

    6.1 Company Profiles
    6.1.1 B&G Foods
    6.1.2 J.M Smucker
    6.1.3 Federation of Quebec Maple Syrup Producers
    6.1.4 Les Industries Bernard et Fils Ltee
    6.1.5 LB Maple Treat
    6.1.6 Bascom Maple Farms Inc


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