Market Overview:
The global maple flavoured syrup market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Maple flavoured syrups are made by boiling sap from maple trees, and adding various flavourings such as vanilla, caramel, or cinnamon. These syrups are used as sweeteners in food and beverage products, condiments for dishes such as waffles and pancakes, and food industry additives. The North American region is currently the largest market for maple flavoured syrups due to the high demand for these products in countries such as the United States and Canada.
Product Definition:
Maple flavoured syrup is a type of syrup that is made from the sap of maple trees. It is often used as a sweetener in food and beverages.
Sugar Maple:
Sugar maple is also known as Canadian or Eastern Maple. It is a species of tree, which is native to the eastern and central parts of North America. The trees grow in wet areas with acidic soil and can be found in the provinces such as Ontario, Quebec, New Brunswick, Manitoba and Nova Scotia.
Black Maple:
Black maple is also known as sugar maple. It is a type of tree that produces pure sweet Maple syrup. The tree has very small leaves and the trunk has a distinctive black color from other trees due to high carbonization during its formation. The seeds produced by this tree are smaller than regular seeds and they have an embryo inside which contains starch, protein, calcium, and potassium along with some sugar content making it extremely nutritious for consumption by animals including birds and mammals including humans.
Application Insights:
The global market is segmented by application into sweetener, food industry additives and condiments. The sweetener segment dominated the overall market in terms of revenue share in 2017. Maple syrup has a low glycemic index and contains natural sugar, which makes it an ideal choice as a substitute for conventional table sugar. Increasing demand for low-calorie food products across the globe is expected to have a positive impact on the growth of this application over the forecast period.
Maple flavoured syrups are used as ingredients in several commercial products such as cakes, cookies, ice creams and pastries produced by major bakery companies including Denmark's JYSK Foods A/S., France's Unilever France S.A., Germany's Henkel Kgaa AG & Co., Uerdingen BVBA/AB Inbev; Mexico's Grupo Cemex SAB de CV; Ucraina DIAB Ltd.
Regional Analysis:
North America held the largest share of over 40.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to high product demand and awareness regarding health benefits associated with it. Maple syrup is considered a healthy alternative for sugar and artificial sweeteners, which will continue driving market growth in this region.
Asia Pacific maple flavored syrups are expected to witness significant growth during the forecast period owing to increasing consumption of natural sweeteners across countries such as China, Japan, India, South Korea & Australia among others will drive industry expansion over next six years or so.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for premium flavored syrups across the globe.
- Maple syrup is considered as a healthy alternative to other sweeteners.
- The unique flavor of maple syrup is gaining popularity among consumers.
- Growing demand for natural and organic products across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Maple Flavoured Syrup Market Research Report
By Type
Sugar Maple, Black Maple, Red Maple
By Application
Sweetener, Condiment, Food Industry Additives
By Companies
Vermont Maple Sugar Company, NYS Maple Producer, Ontario, Thompson’s Maple Products, B&G Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Maple Flavoured Syrup Market Report Segments:
The global Maple Flavoured Syrup market is segmented on the basis of:
Types
Sugar Maple, Black Maple, Red Maple
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sweetener, Condiment, Food Industry Additives
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vermont Maple Sugar Company
- NYS Maple Producer
- Ontario
- Thompson’s Maple Products
- B&G Foods
Highlights of The Maple Flavoured Syrup Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sugar Maple
- Black Maple
- Red Maple
- By Application:
- Sweetener
- Condiment
- Food Industry Additives
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Maple Flavoured Syrup Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Maple flavoured syrup is a type of sweetened condensed milk that typically contains maple syrup as its main ingredient. It is often used in baking recipes, such as pancakes and waffles, or as a topping for ice cream or other desserts.
Some of the key players operating in the maple flavoured syrup market are Vermont Maple Sugar Company, NYS Maple Producer, Ontario, Thompson’s Maple Products, B&G Foods.
The maple flavoured syrup market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Maple Flavoured Syrup Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Maple Flavoured Syrup Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Maple Flavoured Syrup Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Maple Flavoured Syrup Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Maple Flavoured Syrup Market Size & Forecast, 2020-2028
4.5.1 Maple Flavoured Syrup Market Size and Y-o-Y Growth
4.5.2 Maple Flavoured Syrup Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sugar Maple
5.2.2 Black Maple
5.2.3 Red Maple
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sweetener
6.2.2 Condiment
6.2.3 Food Industry Additives
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Maple Flavoured Syrup Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Maple Flavoured Syrup Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sugar Maple
9.6.2 Black Maple
9.6.3 Red Maple
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sweetener
9.10.2 Condiment
9.10.3 Food Industry Additives
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sugar Maple
10.6.2 Black Maple
10.6.3 Red Maple
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sweetener
10.10.2 Condiment
10.10.3 Food Industry Additives
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sugar Maple
11.6.2 Black Maple
11.6.3 Red Maple
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sweetener
11.10.2 Condiment
11.10.3 Food Industry Additives
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sugar Maple
12.6.2 Black Maple
12.6.3 Red Maple
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sweetener
12.10.2 Condiment
12.10.3 Food Industry Additives
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sugar Maple
13.6.2 Black Maple
13.6.3 Red Maple
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sweetener
13.10.2 Condiment
13.10.3 Food Industry Additives
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Maple Flavoured Syrup Market: Competitive Dashboard
14.2 Global Maple Flavoured Syrup Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vermont Maple Sugar Company
14.3.2 NYS Maple Producer
14.3.3 Ontario
14.3.4 Thompson’s Maple Products
14.3.5 B&G Foods
