Maple Syrup Market Professional Survey and In-depth Analysis Research Report Foresight to 2023
Maple Syrup Market Share, Trend, Demand, Key Players and Industry Analysis by 2023
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Maple Syrup Market Professional Survey and In-depth Analysis Research Report Foresight to 2023
1 Summary Maple Syrup Market: By Type (Red, Black, Sugar Maple), Grade (Grade A, Processing Grade, Substandard), Application (Beverages, Confectionery, Flavor Enhancer, Dairy), Distribution Channel and Region - Forecast till 2023
Key Players: Some of the key players profiled in the global maple syrup market: B&G Foods, Inc. (U.S.), Pinnacle Foods Inc. (U.S.), The Kraft Heinz Company (U.S.), The J. M. Smucker Company (U.S.), Amoretti SpA (Itlay), DaVinci Gourmet LLC (U.S.), Monin, Inc. (U.S.)
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Copyright Š 2017 Market Research Future.
Maple Syrup Market Professional Survey and In-depth Analysis Research Report Foresight to 2023
2 Market Overview Maple syrup is extracted from the sap of maple tree. The common species selected for maple syrup extraction include the red maple, sugar maple and black maple. Presence of high sugar content in maple makes it suitable for commercial uses which primarily include maple syrup, maple sugar, maple powder, maple water, maple cream and others. Growing awareness regarding nutrition syrups & beverages and emerging maple extract products has surged the growth of global maple syrups market. Furthermore, consumers across the globe are demanding for improved quality bakery & confectionery products which are driving the growth of maple syrups market. Maple processing industries are rigorously involved in research and development activities in order to provide different flavors and taste to maple syrup products which are anticipated to uplift the global maple syrups market. However, appropriate temperature for harvesting and seasonal availability of raw material are some of the reasons which are likely to hamper the market growth over the review period. Also, limited availability of maple sap in many regions is anticipated to hinder the market growth over the forecast period.
Intended Audience:
Maple syrup manufacturers Food & beverage industry Raw material suppliers Retailers and wholesaler E-commerce industry Traders, importers, and exporters
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Copyright © 2017 Market Research Future.
Maple Syrup Market Professional Survey and In-depth Analysis Research Report Foresight to 2023
3 Sample Pages Regional Analysis: The global maple syrup market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the maple syrup market followed by Europe. The U.S. has been accounted for a higher use of maple syrup as a flavoring agent in a wide range of food products such as hot cereal, ice cream, sausages, fruit juices, baked beans, donuts and other bakery products. Furthermore, high demand of maple syrup as a flavoring agent in the beverage industry is considered to be a key driver in this region.
Moreover, increasing demand for organic products in European countries like Germany and France has uplifted the demand for organic maple syrup, which is likely to boost the growth of the maple syrup market during the review period. Additionally, approval for the use of maple syrups in food & beverage products from Canadian food inspection agency (CFIA) is likely to uplift the growth of the maple syrup market over the forecast period.
Segments: Maple syrup is segmented on the basis of type, which includes red maple, black maple, and sugar maple syrup. Among all, the sugar maple syrup holds the major market share. The primary reason for the growth of the sugar maple syrup is its wide use as a flavoring agent in variety of food products. On the basis of grade, the maple syrup market is segmented into grade A, processing grade, substandard, and others. In this segment, grade A type is dominating the market owing to its high purity and absence of suspended particles. On the basis of application, the maple syrup market is segmented into food & beverages, bakery & confectionery, flavor enhancer, dairy & frozen desserts, and others. The bakery & confectionery segment is dominating the market owing to increasing demand for granulated maple sugar for toppings on cake, oatmeal, and other bakery products. On the basis of the distribution channel, the market is segmented into the store-based and non-store based distribution channel. However, the store-based distribution channel is dominating the market based on the one-stop shopping experience.
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Copyright Š 2017 Market Research Future.
Maple Syrup Market Professional Survey and In-depth Analysis Research Report Foresight to 2023
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Copyright Š 2017 Market Research Future.