Maple Syrup Global Market Share, Trend Analysis & Forecast Report

Maple Syrup Market Report, By Type (Organic, Inorganic), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores and Independent Retailers) and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : fb2013 | Publish Date : Upcoming | Industry : Food_Beverage | Geography : Global

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Summary
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Maple syrup is a syrup usually made from the xylem sap of sugar maple, red maple, or black maple trees, although it can also be made from other maple species. In cold climates, these trees store starch in their trunks and roots before winter; the starch is then converted to sugar that rises in the sap in late winter and early spring. Maple trees are tapped by drilling holes into their trunks and collecting the exuded sap, which is processed by heating to evaporate much of the water, leaving the concentrated syrup.

The Canadian province of Quebec is by far the largest producer, responsible for 70 percent of the world's yield; Canadian exports of maple syrup in 2016 were C$ 487 million (about US$ 360 million), with Quebec accounting for some 90 percent of this total.

Maple Syrup Market Outlook

Maple syrup is generally utilized as garnishes for different bakery and confectionery products, like waffles, cakes, pancakes, bread rolls, and French toast. The expanded use of maple syrup in the confectionery, bakery, oat, and dairy businesses will heighten the interest for maple syrup in the market. Developing consumer interest for organic and natural items will likewise help the sales of maple syrup amid the conjecture time frame. However, suitable temperature for collecting and accessibility of crude material can hamper the development of the global maple syrup market.

Maple Syrup Market Segmental Overview

The global Maple Syrup market is segmented based on type, distribution channel and geography.

Maple Syrup Market by Type

By type, the market is categorised into organic maple syrup and inorganic maple syrup. The difference between Organic and Non-Organic maple syrup is very fundamental. Maple trees are tapped and sap is gathered and boiled. Non-Organic and Organic maple syrup makers are both required to have a state permit and be assessed every year by the USDA to keep up this permit. This state/USDA review is important to guarantee that the syrup is prepared and dealt with in a protected, clean and lawful way. The Organic Certification takes one more examination by an Organic investigator who goes over huge numbers of a similar USDA rules with a couple of additions.

No chemicals or pesticides are used on the trees or in the general area.
Records must be kept as to when and where each drop of Organic syrup was made.
Tree maintenance and health are considered by enforcing tapping guidelines for the producer and their trees.

Maple Syrup Market by Distribution Channel

Based on distribution channel, the global maple syrup market has been sectioned into Supermarkets & Hypermarkets, Convenience Stores and Independent retailers. Factors like the development of the organized retail all over the world and the accessibility of products from various brands will drive the development prospects of the maple syrup industry in this section amid the coming years.

Maple Syrup Market by Geography

Geographically, this market is segmented into North America, Europe, Asia-Pacific and Rest of the World. The business creation of maple syrup is principally focussed in the United States and Canada, most of which is locally devoured among the two nations. North America is the biggest maple syrup market and is relied upon to command the market, trailed by Europe.

Maple Syrup Market Key Players

The major players involved in this market are Les Industries Bernard et Fils Ltee, LB Maple Treat, Citadelle Camp, Bascom Maple Farms Inc, Highland Sugarworks, Turkey Hill Sugarbush, Ontario Maple Syrup Producers Association, B&G Foods, Pinnacle Foods, The J.M.Smucker Company, The Kraft Heinz Company and American Garden among others.

The global Maple Syrup market is segmented by type, distribution channel and geography. Based on type, this market is classified into organic maple syrup and inorganic maple syrup.

The various distribution channels of this market include Supermarkets & Hypermarkets, Convenience Stores and Independent retailers.

Geographically, this market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Canada's maple syrup delivering districts are situated in the regions of Quebec, Ontario, New Brunswick and Nova Scotia. Maple syrup has long been a piece of Canada's social texture. The nation's Aboriginal people groups shown the early pioneers how to reap sap and bubble it to make maple syrup. Maple sugar was the main sort of sugar created in eastern North America and remained the standard sugar until 1875, when cane sugar ended up accessible.

Why to buy this report

The report offers changing market dynamics in the Maple Syrup industry, presenting historical, current and projected market size in terms of value (USD Million)
The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Maple Syrup market
It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Maple Syrup market performance
The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Maple Syrup market