The Global Maple Syrup Market size is expected to reach $2.2 billion by 2031, rising at a market growth of 6.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 89,764.6 Tonnes, experiencing a growth of 13.8% (2020-2023).
The demand for maple syrup in North America is driven by its natural origin and perceived health benefits as people become more health-conscious and look for healthier alternatives to refined sugars and artificial sweeteners. Therefore, the North American region captured $550.4 million revenue in the market in 2023. In North America, consumer demand and adoption are driven by growing awareness of its health benefits, such as its high antioxidant, vitamin, and mineral content. Moreover, total consumption of this syrup in Canada was 8,561.0 Tonnes in 2023.
Maple syrup is perceived as a natural sweetener, free from artificial additives and preservatives. As consumers increasingly seek healthier alternatives to refined sugars and artificial sweeteners, its natural sweetness has gained popularity. According to the glycemic index, this raises blood sugar levels more slowly and steadily than white sugar. Therefore, the market is expanding significantly due to the rising health and nutritional benefits.
Additionally, innovations in processing techniques, such as vacuum evaporation and flash evaporation, have enabled these producers to extend the shelf life of their products without the need for added preservatives. This ensures product freshness and quality over a longer period, reducing waste and increasing consumer satisfaction. Thus, because of the innovations in processing and packaging, the market is anticipated to increase significantly.
However, maple syrup production is highly sensitive to climate conditions, particularly temperature fluctuations and weather patterns during the spring-tapping season. The disruption of sap flow, reduction of syrup yields, and lengthening of the maple sugaring season due to temperature and precipitation patterns caused by climate change can place production volumes and supply availability at risk. Therefore, environmental and sustainability concerns are a significant challenge that hampers the growth of the market.
By Category Analysis
By category, the market is bifurcated into organic and conventional. In 2023, the conventional segment witnessed 71.1% revenue share in the market. Conventional products are typically more accessible and affordable than their organic counterparts. This makes them appealing to a larger segment of consumers, including budget-conscious shoppers and those who may not prioritize organic certification but still enjoy this as a sweetener or flavoring. Moreover, in terms of volume, the conventional segment registered 67,958.8 Tonnes in the market in 2023.
By Distribution Channel Analysis
Based on distribution channel, the market is categorized into hypermarkets & supermarkets, specialty stores, online sales channels, and others. The online sales channels segment garnered 18.1% revenue share in the market in 2023. Online sales channels offer ample opportunities for promotional activities, including discounts, coupons, and limited time offers, to attract and incentivize consumers to purchase these products. Moreover, in terms of volume, the online sales channels segment sold 19,290.4 Tonnes of maple syrup in 2023.
By Source Analysis
On the basis of source, the market is segmented into sugar maple, black maple, and red maple. In 2023, the sugar maple segment held 53.8% revenue share in the market. These producers maintain the long-term health and production of maple forests by managing sugar maple trees sustainably. Moreover, in terms of volume, the sugar maple segment recorded 54,442.2 Tonnes in 2023.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region acquired 25.2% revenue share in the market. This can be introduced to Asian consumers through culinary exploration and education. The region has seen a growing interest in health and wellness trends, including a preference for natural and organic ingredients. Moreover, in terms of volume, the China consumed 6,924.45 Tonnes Maple Syrup in 2022.
List of Key Companies Profiled
- B&G Foods, Inc.
- Vermont Pleasant Valley Maples
- Ferguson Farm Vermont Maple Syrup
- Butternut Mountain Farm
- Coombs Family Farms
- Maple Joe (Famille Michaud Apiculteurs)
- Golden Dog Farm LLC
- Judd's Wayeeses Farms
- Anderson's Maple Syrup, Inc.
Global Maple Syrup Market Report Segmentation
By Category (Volume, Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
- Hypermarkets & Supermarkets
- Specialty Stores
- Online Sales Channels
- Others
By Source (Volume, Tonnes, USD Billion, 2020-2031)
- Sugar Maple
- Black Maple
- Red Maple
By Geography (Volume, Tonnes, USD Billion, 2020-2031)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Maple Syrup Market, by Category
- 1.4.2Global Maple Syrup Market, by Distribution Channel
- 1.4.3Global Maple Syrup Market, by Source
- 1.4.4Global Maple Syrup Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Global Maple Syrup Market by Category
- 4.1Global Conventional Market by Region
- 4.2Global Organic Market by Region
Chapter 5.Global Maple Syrup Market by Distribution Channel
- 5.1Global Hypermarkets & Supermarkets Market by Region
- 5.2Global Specialty Stores Market by Region
- 5.3Global Online Sales Channels Market by Region
- 5.4Global Others Market by Region
Chapter 6.Global Maple Syrup Market by Source
- 6.1Global Sugar Maple Market by Region
- 6.2Global Black Maple Market by Region
- 6.3Global Red Maple Market by Region
Chapter 7.Global Maple Syrup Market by Region
- 7.1North America Maple Syrup Market
- 7.1.1North America Maple Syrup Market by Category
- 7.1.1.1North America Conventional Market by Country
- 7.1.1.2North America Organic Market by Country
- 7.1.2North America Maple Syrup Market by Distribution Channel
- 7.1.2.1North America Hypermarkets & Supermarkets Market by Country
- 7.1.2.2North America Specialty Stores Market by Country
- 7.1.2.3North America Online Sales Channels Market by Country
- 7.1.2.4North America Others Market by Country
- 7.1.3North America Maple Syrup Market by Source
- 7.1.3.1North America Sugar Maple Market by Country
- 7.1.3.2North America Black Maple Market by Country
- 7.1.3.3North America Red Maple Market by Country
- 7.1.4North America Maple Syrup Market by Country
- 7.1.4.1US Maple Syrup Market
- 7.1.4.1.1US Maple Syrup Market by Category
- 7.1.4.1.2US Maple Syrup Market by Distribution Channel
- 7.1.4.1.3US Maple Syrup Market by Source
- 7.1.4.2Canada Maple Syrup Market
- 7.1.4.2.1Canada Maple Syrup Market by Category
- 7.1.4.2.2Canada Maple Syrup Market by Distribution Channel
- 7.1.4.2.3Canada Maple Syrup Market by Source
- 7.1.4.3Mexico Maple Syrup Market
- 7.1.4.3.1Mexico Maple Syrup Market by Category
- 7.1.4.3.2Mexico Maple Syrup Market by Distribution Channel
- 7.1.4.3.3Mexico Maple Syrup Market by Source
- 7.1.4.4Rest of North America Maple Syrup Market
- 7.1.4.4.1Rest of North America Maple Syrup Market by Category
- 7.1.4.4.2Rest of North America Maple Syrup Market by Distribution Channel
- 7.1.4.4.3Rest of North America Maple Syrup Market by Source
- 7.2Europe Maple Syrup Market
- 7.2.1Europe Maple Syrup Market by Category
- 7.2.1.1Europe Conventional Market by Country
- 7.2.1.2Europe Organic Market by Country
- 7.2.2Europe Maple Syrup Market by Distribution Channel
- 7.2.2.1Europe Hypermarkets & Supermarkets Market by Country
- 7.2.2.2Europe Specialty Stores Market by Country
- 7.2.2.3Europe Online Sales Channels Market by Country
- 7.2.2.4Europe Others Market by Country
- 7.2.3Europe Maple Syrup Market by Source
- 7.2.3.1Europe Sugar Maple Market by Country
- 7.2.3.2Europe Black Maple Market by Country
- 7.2.3.3Europe Red Maple Market by Country
- 7.2.4Europe Maple Syrup Market by Country
- 7.2.4.1Germany Maple Syrup Market
- 7.2.4.1.1Germany Maple Syrup Market by Category
- 7.2.4.1.2Germany Maple Syrup Market by Distribution Channel
- 7.2.4.1.3Germany Maple Syrup Market by Source
- 7.2.4.2UK Maple Syrup Market
- 7.2.4.2.1UK Maple Syrup Market by Category
- 7.2.4.2.2UK Maple Syrup Market by Distribution Channel
- 7.2.4.2.3UK Maple Syrup Market by Source
- 7.2.4.3France Maple Syrup Market
- 7.2.4.3.1France Maple Syrup Market by Category
- 7.2.4.3.2France Maple Syrup Market by Distribution Channel
- 7.2.4.3.3France Maple Syrup Market by Source
- 7.2.4.4Russia Maple Syrup Market
- 7.2.4.4.1Russia Maple Syrup Market by Category
- 7.2.4.4.2Russia Maple Syrup Market by Distribution Channel
- 7.2.4.4.3Russia Maple Syrup Market by Source
- 7.2.4.5Spain Maple Syrup Market
- 7.2.4.5.1Spain Maple Syrup Market by Category
- 7.2.4.5.2Spain Maple Syrup Market by Distribution Channel
- 7.2.4.5.3Spain Maple Syrup Market by Source
- 7.2.4.6Italy Maple Syrup Market
- 7.2.4.6.1Italy Maple Syrup Market by Category
- 7.2.4.6.2Italy Maple Syrup Market by Distribution Channel
- 7.2.4.6.3Italy Maple Syrup Market by Source
- 7.2.4.7Rest of Europe Maple Syrup Market
- 7.2.4.7.1Rest of Europe Maple Syrup Market by Category
- 7.2.4.7.2Rest of Europe Maple Syrup Market by Distribution Channel
- 7.2.4.7.3Rest of Europe Maple Syrup Market by Source
- 7.3Asia Pacific Maple Syrup Market
- 7.3.1Asia Pacific Maple Syrup Market by Category
- 7.3.1.1Asia Pacific Conventional Market by Country
- 7.3.1.2Asia Pacific Organic Market by Country
- 7.3.2Asia Pacific Maple Syrup Market by Distribution Channel
- 7.3.2.1Asia Pacific Hypermarkets & Supermarkets Market by Country
- 7.3.2.2Asia Pacific Specialty Stores Market by Country
- 7.3.2.3Asia Pacific Online Sales Channels Market by Country
- 7.3.2.4Asia Pacific Others Market by Country
- 7.3.3Asia Pacific Maple Syrup Market by Source
- 7.3.3.1Asia Pacific Sugar Maple Market by Country
- 7.3.3.2Asia Pacific Black Maple Market by Country
- 7.3.3.3Asia Pacific Red Maple Market by Country
- 7.3.4Asia Pacific Maple Syrup Market by Country
- 7.3.4.1China Maple Syrup Market
- 7.3.4.1.1China Maple Syrup Market by Category
- 7.3.4.1.2China Maple Syrup Market by Distribution Channel
- 7.3.4.1.3China Maple Syrup Market by Source
- 7.3.4.2Japan Maple Syrup Market
- 7.3.4.2.1Japan Maple Syrup Market by Category
- 7.3.4.2.2Japan Maple Syrup Market by Distribution Channel
- 7.3.4.2.3Japan Maple Syrup Market by Source
- 7.3.4.3India Maple Syrup Market
- 7.3.4.3.1India Maple Syrup Market by Category
- 7.3.4.3.2India Maple Syrup Market by Distribution Channel
- 7.3.4.3.3India Maple Syrup Market by Source
- 7.3.4.4South Korea Maple Syrup Market
- 7.3.4.4.1South Korea Maple Syrup Market by Category
- 7.3.4.4.2South Korea Maple Syrup Market by Distribution Channel
- 7.3.4.4.3South Korea Maple Syrup Market by Source
- 7.3.4.5Australia Maple Syrup Market
- 7.3.4.5.1Australia Maple Syrup Market by Category
- 7.3.4.5.2Australia Maple Syrup Market by Distribution Channel
- 7.3.4.5.3Australia Maple Syrup Market by Source
- 7.3.4.6Malaysia Maple Syrup Market
- 7.3.4.6.1Malaysia Maple Syrup Market by Category
- 7.3.4.6.2Malaysia Maple Syrup Market by Distribution Channel
- 7.3.4.6.3Malaysia Maple Syrup Market by Source
- 7.3.4.7Rest of Asia Pacific Maple Syrup Market
- 7.3.4.7.1Rest of Asia Pacific Maple Syrup Market by Category
- 7.3.4.7.2Rest of Asia Pacific Maple Syrup Market by Distribution Channel
- 7.3.4.7.3Rest of Asia Pacific Maple Syrup Market by Source
- 7.4LAMEA Maple Syrup Market
- 7.4.1LAMEA Maple Syrup Market by Category
- 7.4.1.1LAMEA Conventional Market by Country
- 7.4.1.2LAMEA Organic Market by Country
- 7.4.2LAMEA Maple Syrup Market by Distribution Channel
- 7.4.2.1LAMEA Hypermarkets & Supermarkets Market by Country
- 7.4.2.2LAMEA Specialty Stores Market by Country
- 7.4.2.3LAMEA Online Sales Channels Market by Country
- 7.4.2.4LAMEA Others Market by Country
- 7.4.3LAMEA Maple Syrup Market by Source
- 7.4.3.1LAMEA Sugar Maple Market by Country
- 7.4.3.2LAMEA Black Maple Market by Country
- 7.4.3.3LAMEA Red Maple Market by Country
- 7.4.4LAMEA Maple Syrup Market by Country
- 7.4.4.1Brazil Maple Syrup Market
- 7.4.4.1.1Brazil Maple Syrup Market by Category
- 7.4.4.1.2Brazil Maple Syrup Market by Distribution Channel
- 7.4.4.1.3Brazil Maple Syrup Market by Source
- 7.4.4.2Argentina Maple Syrup Market
- 7.4.4.2.1Argentina Maple Syrup Market by Category
- 7.4.4.2.2Argentina Maple Syrup Market by Distribution Channel
- 7.4.4.2.3Argentina Maple Syrup Market by Source
- 7.4.4.3UAE Maple Syrup Market
- 7.4.4.3.1UAE Maple Syrup Market by Category
- 7.4.4.3.2UAE Maple Syrup Market by Distribution Channel
- 7.4.4.3.3UAE Maple Syrup Market by Source
- 7.4.4.4Saudi Arabia Maple Syrup Market
- 7.4.4.4.1Saudi Arabia Maple Syrup Market by Category
- 7.4.4.4.2Saudi Arabia Maple Syrup Market by Distribution Channel
- 7.4.4.4.3Saudi Arabia Maple Syrup Market by Source
- 7.4.4.5South Africa Maple Syrup Market
- 7.4.4.5.1South Africa Maple Syrup Market by Category
- 7.4.4.5.2South Africa Maple Syrup Market by Distribution Channel
- 7.4.4.5.3South Africa Maple Syrup Market by Source
- 7.4.4.6Nigeria Maple Syrup Market
- 7.4.4.6.1Nigeria Maple Syrup Market by Category
- 7.4.4.6.2Nigeria Maple Syrup Market by Distribution Channel
- 7.4.4.6.3Nigeria Maple Syrup Market by Source
- 7.4.4.7Rest of LAMEA Maple Syrup Market
- 7.4.4.7.1Rest of LAMEA Maple Syrup Market by Category
- 7.4.4.7.2Rest of LAMEA Maple Syrup Market by Distribution Channel
- 7.4.4.7.3Rest of LAMEA Maple Syrup Market by Source
Chapter 8.Company Profiles
- 8.1B&G Foods, Inc.
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3SWOT Analysis
- 8.2Vermont Pleasant Valley Maples.
- 8.2.1Company Overview
- 8.2.2SWOT Analysis
- 8.3Ferguson Farm Vermont Maple Syrup
- 8.3.1Company Overview
- 8.3.2SWOT Analysis
- 8.4Butternut Mountain Farm
- 8.4.1Company Overview
- 8.4.2SWOT Analysis
- 8.5Coombs Family Farms.
- 8.5.1Company Overview
- 8.5.2SWOT Analysis
- 8.6Maple Joe (Famille Michaud Apiculteurs)
- 8.6.1Company Overview
- 8.6.2SWOT Analysis
- 8.7Golden Dog Farm LLC.
- 8.7.1Company Overview
- 8.7.2SWOT Analysis
- 8.8Judd's Wayeeses Farms.
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
- 8.9Anderson's Maple Syrup, Inc.
- 8.9.1Company Overview
- 8.9.2SWOT Analysis
Chapter 9.Winning Imperatives of Maple Syrup Market