Maple Syrup Market – By Distribution Channel (Retail Stores, Super/Hyper Market, and Online Stores), By Application (Flavoring Agent), By Raw Material (Black Maple, Sugar Maple, and Red Maple)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 -2029

Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Maple Syrup market.

Trusted Business Insights presents an updated and Latest Study on Maple Syrup Market. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Maple Syrup market during the forecast period.
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.

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Abstract

The global maple syrup market revenue is estimated at 460 (USD Million) by 2025 and is projected to grow at a CAGR of nearly 5% during the period from 2021 to 2026. The report offers valuation and analysis of the maple syrup market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, revenue estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2021 to 2026 based on value (USD Million).

Key Growth Drivers

Escalating use of maple syrup as toppings in myriad bakery Distribution Channel s such as waffles, French toast, and bread rolls is set to steer the expansion of maple syrup industry over the forecast timeline. Apart from this, the Distribution Channel finds a slew of applications in myriad food Distribution Channel s as a natural sweetener.

Additionally, maple syrup comprises of sucrose as well as phytochemicals that offer varied biological effects. The Distribution Channel  also includes organic acids, phenolic acids, vitamins, and amino acids. In 2017, NCBI had reported through its findings that dark-colored maple syrup exhibited significant inhibitory impacts on colorectal cancer cell proliferation & invasion. According to the study conducted by NCBI researchers on maple syrup and findings derived from the study, it was found that the antioxidant activity of the maple syrup is associated with its dark color.

In another such clinical study conducted during 2017, researchers tried to assess the impacts of two diverse maple syrup grades on gastrointestinal cancer cell proliferation. Furthermore, the aim of the study was to find the suitability of dark-colored maple syrup as a phytomedicine in the treatment of gastrointestinal cancer. Moreover, researchers found that dark-colored maple syrup grade/type substantially hindered the gastrointestinal cancer cell multiplication.

North American Market To Register Lucrative Growth By 2025

The regional market growth over 2019-2025 is credited to the massive application of the maple syrup in the food & beverage industry in the countries like the U.S. and Canada.

Furthermore, large-scale penetration of the Distribution Channel  in countries like Germany and France will prop up the growth of the maple syrup market in Europe.

Key players profiled in the maple syrup industry are Vermont Maple Sugar Makers Association, Pennsylvania Maple Association, New Hampshire Maple Producers Association, Inc., New York State Maple Producers Association, Ontario Maple Syrup Producers Association, Thompson’s Maple Distribution Channel s, Michigan Maple Syrup Association, H.J. Heinz Company, and Bascom Family Farms.

The global maple syrup market is segmented as follows:

By Distribution Channel

Retail Stores
Super/Hyper Market
Online Stores

By Application

Flavoring Agent

By Raw Material

Black Maple
Sugar Maple
Red Maple

By Region

North America

The U.S.
Canada

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

GCC
South Africa
Rest of Middle East & Africa

Looking for more? Check out our repository for all available reports on Maple Syrup in related sectors.

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