Market Overview:
The global maple sugar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Maple sugar is a natural sweetener made from the sap of maple trees. The sap is boiled down to form either liquid, granules, or powder form of maple sugar. Maple sugar has a unique flavor that sets it apart from other sweeteners and is gaining popularity among consumers due to its health benefits such as being low in calories and high in antioxidants. The bakery segment accounted for the majority share of the global maple sugar market in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to increasing demand for healthier alternatives to white table sugar among bakers worldwide. The confectionery segment followed bakery in terms of market share and is projected to grow at a higher rate than any other application segment during the forecast period owing to rising demand for premium quality confectioneries that use natural sweeteners like maple syrup instead of artificial sweeteners or high-fructose corn syrup (HFCS).
Product Definition:
Maple sugar is a natural sweetener made from the sap of maple trees. The sap is boiled down to form a thick syrup, which is then poured into molds and cooled. Maple sugar has a caramel-like flavor and can be used in place of other sweeteners in recipes. It is also popular as a topping for pancakes, waffles, oatmeal, and other desserts.
Liquid:
Liquid is the purest form of Maple Syrup and has no substitutes. It is a concentrated sweetener made from tree sap of the maple tree. The liquid version can be used in various food products like waffles, pancakes, ice cream toppings, etc., which makes it more popular among consumers than its counterparts.
The growth factor for this market is increasing due to growing demand for healthier lifestyle.
Granules:
Granules are the dried, compressed sugar crystals produced during the process of evaporating and boiling down tree sap or other plant juices. The granules are then collected and processed to make pure maple syrup. Granules have a smaller surface area compared to Syrup so it takes less time for it to dissolve in your mouth.
Application Insights:
Bakery was the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. Maple sugar has a high demand from bakery industry as it improves the taste and texture of baked products. It also helps retain moisture in baked goods, thereby enhancing their shelf life. The growing bakery sector across North America and Europe is anticipated to remain a key factor driving product demand over the next eight years.
The confectionery segment held around 15% of market share in terms of volume in 2017 owing to increasing use of maple syrup as an ingredient for making chocolates, caramels, fudge, Toffee brittle among other confectioneries items such as ice creams & sorbets on account of its sweetening property which enhances their flavor & taste without adding extra calories which makes them healthier compared to traditional syrups or table sugars used worldwide.
Regional Analysis:
North America was the largest regional market in 2017 owing to the presence of maple sugar producing countries including Vermont and New York. The region is expected to maintain its dominance over the forecast period due to increasing demand for baked products and beverages. Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 on account of rising product consumption in China, Japan, India, Thailand, Singapore, Philippines and Indonesia. Moreover Maple Leaf Foods Inc., Saputo Inc., Cargill Inc., JBF Canada are some of the major companies that produce Canadianmaple syrup which has a wide distribution network across these countries will have a positive impact on industry growth over next few years.
The Middle East & Africa (MEA) is also anticipated witness significant growth as key players such as Dubai Modern Sugar Company LLC; Saudi Arabia Modern Sugar Co.
Growth Factors:
- Increasing demand for natural sweeteners: There is a growing demand for natural and healthier alternatives to artificial sweeteners. Maple sugar is a 100% natural product and has a lower glycemic index than other sweeteners, making it a popular choice for people looking for healthy alternatives to sugar.
- Rising popularity of maple products: Maple syrup and maple products are becoming increasingly popular, with sales growing every year. This growth is being driven by the increasing awareness of the health benefits of maple syrup, as well as its unique flavor profile that sets it apart from other syrups and sweeteners.
- Growing demand from the food industry: The food industry is one of the biggest consumers of maple sugar, using it in everything from baked goods to breakfast cereals to sauces and marinades. As more people become interested in healthier eating options, the demand for maple sugar will continue to grow among food manufacturers.
- . Rising popularity among chefs: Chefs are beginning to appreciate the unique flavor profile of maple sugar and are using it in innovative ways in their kitchens. This trend will likely continue as more people become interested in trying out different flavors in their cooking recipes .5) Increased availability: As awareness about Maple Sugar grows there will be an increase production coming onto market which should help stabilize prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Maple Sugar Market Research Report
By Type
Liquid, Granules, Powder
By Application
Bakery, Confectionery, Beverages, Other
By Companies
The Vermont Maple Sugar, Cedarvale Maple Syrup, Kinehdn Maple Sugar, Canadian Organic Maple, Crown Organic, FunFresh, ...
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Maple Sugar Market Report Segments:
The global Maple Sugar market is segmented on the basis of:
Types
Liquid, Granules, Powder
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
Bakery, Confectionery, Beverages, Other
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:
- The Vermont Maple Sugar
- Cedarvale Maple Syrup
- Kinehdn Maple Sugar
- Canadian Organic Maple
- Crown Organic
- FunFresh
- ...
Highlights of The Maple Sugar 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:
- Liquid
- Granules
- Powder
- By Application:
- Bakery
- Confectionery
- Beverages
- Other
- 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 Sugar 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 sugar is a type of sugar that is made from maple sap. Maple syrup, which is the most common form of maple sugar, is a sweetener that can be used in food and drinks.
Some of the key players operating in the maple sugar market are The Vermont Maple Sugar, Cedarvale Maple Syrup, Kinehdn Maple Sugar, Canadian Organic Maple, Crown Organic, FunFresh.
The maple sugar market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Maple Sugar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Maple Sugar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Maple Sugar Market - Supply Chain
4.5. Global Maple Sugar Market Forecast
4.5.1. Maple Sugar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Maple Sugar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Maple Sugar Market Absolute $ Opportunity
5. Global Maple Sugar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Maple Sugar Market Size and Volume Forecast by Type
5.3.1. Liquid
5.3.2. Granules
5.3.3. Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Maple Sugar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Maple Sugar Market Size and Volume Forecast by Application
6.3.1. Bakery
6.3.2. Confectionery
6.3.3. Beverages
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Maple Sugar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Maple Sugar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Maple Sugar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Maple Sugar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Maple Sugar Demand Share Forecast, 2019-2029
9. North America Maple Sugar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Maple Sugar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Maple Sugar Market Size and Volume Forecast by Application
9.4.1. Bakery
9.4.2. Confectionery
9.4.3. Beverages
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Maple Sugar Market Size and Volume Forecast by Type
9.7.1. Liquid
9.7.2. Granules
9.7.3. Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Maple Sugar Demand Share Forecast, 2019-2029
10. Latin America Maple Sugar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Maple Sugar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Maple Sugar Market Size and Volume Forecast by Application
10.4.1. Bakery
10.4.2. Confectionery
10.4.3. Beverages
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Maple Sugar Market Size and Volume Forecast by Type
10.7.1. Liquid
10.7.2. Granules
10.7.3. Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Maple Sugar Demand Share Forecast, 2019-2029
11. Europe Maple Sugar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Maple Sugar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Maple Sugar Market Size and Volume Forecast by Application
11.4.1. Bakery
11.4.2. Confectionery
11.4.3. Beverages
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Maple Sugar Market Size and Volume Forecast by Type
11.7.1. Liquid
11.7.2. Granules
11.7.3. Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1.By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Maple Sugar Demand Share, 2019-2029
12. Asia Pacific Maple Sugar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Maple Sugar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Maple Sugar Market Size and Volume Forecast by Application
12.4.1. Bakery
12.4.2. Confectionery
12.4.3. Beverages
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Maple Sugar Market Size and Volume Forecast by Type
12.7.1. Liquid
12.7.2. Granules
12.7.3. Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Maple Sugar Demand Share, 2019-2029
13. Middle East & Africa Maple Sugar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Maple Sugar Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Maple Sugar Market Size and Volume Forecast by Application
13.4.1. Bakery
13.4.2. Confectionery
13.4.3. Beverages
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Maple Sugar Market Size and Volume Forecast by Type
13.7.1. Liquid
13.7.2. Granules
13.7.3. Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Maple Sugar Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Maple Sugar Market: Market Share Analysis
14.2. Maple Sugar Distributors and Customers
14.3. Maple Sugar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Vermont Maple Sugar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cedarvale Maple Syrup
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kinehdn Maple Sugar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Canadian Organic Maple
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Crown Organic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FunFresh
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
