Home > Food & Beverages > Maple Syrup Market

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), Regional Outlook & Global Forecast, 2023-2032

  • Report ID: GMI7191
  • Published Date: Oct 2023
  • Report Format: PDF

Maple Syrup Market Size

Maple Syrup Market size was valued at USD 1.4 billion in 2022 and is anticipated to register a CAGR of over 6.7% between 2023 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.

 

Maple Syrup Market

To understand key trends  
Download Free Sample
 

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

The Maple syrup production is highly dependent on specific weather conditions, including cold nights and warm days. Climate change and unpredictable weather patterns can impact the quantity and quality of sap, affecting production. In addition, maple syrup production is labor-intensive, requiring the tapping of trees, collection of sap, and boiling it down to syrup. Labor shortages or increased labor costs can be a constraint.
 

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

 Maple Syrup Market Size, By Cateogry, 2021 - 2032 (USD Billion)

To understand key market trends  
Download Free Sample
 

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.

 

Maple Syrup Market Revenue Share, By Type, (2022)

To understand key market trends  
Download Free Sample
 

Based on type, the maple syrup market from 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.
 

Maple Syrup Market Revenue Share, By Distribution Channel , (2022)

To understand regional trends  Download Free Sample
 

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.
 

North America Maple Syrup Market Revenue, 2021 - 2032 (USD Billion)

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:

Click here to Buy Section of this Report


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

 

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The maple syrup market size reached USD 0.59 billion in 2022 and it is poised to surpass USD 0.78 billion by 2032, as the product is often perceived as a healthier alternative to artificial sweeteners.

How are supermarkets and hypermarkets influencing the maple syrup industry?

North America market size was valued at USD 1.02 billion in 2022, as northeastern United States and eastern Canada have the ideal climate conditions for maple syrup production.

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, and Nature's Way Products.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 274
  • Countries covered: 22
  • Pages: 180
 Download Free Sample