Maple Syrup Market Size - By Category (Organic, Conventional), Type (Black Maple, Red Maple, Sugar Maple), Distribution Channel (Supermarkets / Hypermarkets, Convenience Stores, Specialty Stores, Online Sales) & Forecast, 2024-2032

Maple Syrup Market Size

Maple Syrup Market size crossed USD 1.58 billion in 2023 and is projected to witness over 6.7% CAGR between 2024 and 2032. Maple syrup is often perceived as a healthier alternative to artificial sweeteners. As consumers become more health-conscious, the demand for natural sweeteners like maple syrup increases.

The export market for maple syrup, particularly to countries like the United States and Japan, is growing. This can boost the maple syrup industry, especially in regions known for high-quality production like Canada.
 

COVID-19 Impact

Maple syrup production typically involves collecting sap from maple trees, boiling it down to concentrate the sugars, and then packaging it for sale. The producers had faced challenges due to the pandemic, such as staffing issues, changing regulations, and reduced access to consumers through traditional sales channels like restaurants and farmers' markets.
 

Maple Syrup Market Trends

There is a growing trend in the maple syrup industry toward adopting more sustainable and environmentally friendly practices. This includes responsible forest management, energy-efficient syrup production methods, and reducing the carbon footprint of production.

Maple Syrup Market Analysis

Based on the category, the conventional segment dominated around USD 1.2 billion revenue in 2022. Conventional methods are often associated with the classic, rich flavor and high quality of maple syrup. Many consumers and producers prefer the taste of syrup produced using traditional techniques.
 

Based on type, the black maple segment recorded 65.3% of the revenue share in 2022. Black maples, like sugar maples, have a high sugar content in their sap. The sugar content in black maple sap is typically lower than that of sugar maples but higher than that of red maples. This makes them suitable for maple syrup production.
 

Based on the distribution channel, the supermarket and hypermarket segment accounted for 54.5% of the market share in 2022. Maple syrup is a popular natural sweetener and condiment, and consumer demand for it has been increasing in recent years. As people become more health-conscious and seek natural and organic products, maple syrup, which is often perceived as a healthier alternative to artificial sweeteners, has seen a rise in popularity.
 

The North America maple syrup market size held over USD 1.02 billion in 2022. The northeastern United States and eastern Canada have the ideal climate conditions for maple syrup production. Maple trees thrive in these regions due to the combination of cold winters and warmer spring days. This temperature fluctuation is essential for the sap to flow from the trees and for successful sugaring operations.
 

Maple Syrup Market Share

Major companies operating in the maple syrup industry includes:

• Lee Kum Kee
• Federation of Quebec Maple Syrup Producers (FQMSP)
• B&G Foods (Mrs. Butterworth's)
• The J.M. Smucker Company (Log Cabin)
• Les Industries Bernard et Fils Ltee
• Bascom Maple Farms
• Highland Sugarworks
• Turkey Hill Sugarbush
• Ontario Maple Syrup Producers Association
• American Garden
• Monin
• Crown Maple Syrup
• Nature's Way Products

The companies are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.
 

American garden companies often sell a wide range of products, including plants, seeds, gardening tools, soil and mulch, fertilizers, pesticides, garden decor, and outdoor furniture. They may also offer niche products such as organic gardening supplies or specialized tools.
 

Maple Syrup Industry News

• In September 2023 the governments of Canada and Ontario announced that they are investing up to USD1 million for two years to support productivity and growth of maple syrup industry

The market research report of maple syrup includes in-depth coverage of the industry with estimates & forecast in terms of transactional value (USD Billion) and transactional volume (Kilo Tonnes) from 2018 to 2032, for the following segments:

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Market, By Category

• Organic
• Conventional

Market, By Type

• Black Maple
• Red Maple
• Sugar Maple

Market, By Distribution Channel

• Supermarkets / Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Sales
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
  • Malaysia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Egypt