Maple Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
The global maple water market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Maple water refers to a clear liquid, or sap, extracted and collected from maple trees. It is a rich source of phytochemicals and other essential nutrients, such as calcium, manganese, potassium, magnesium, iron, thiamin, riboflavin and phosphorus. It is also low in sugar and contains high amounts of electrolytes and antioxidants that aid in providing additional hydration, boosting immunity, preventing degenerative diseases and improving digestion. Maple water is usually available in packaged bottles and is offered in flavored and unflavored variants that can be used in alcoholic and non-alcoholic beverages, soups, sorbets, ice creams and marinades.
Global Maple Water Market Trends and Drivers:
Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. Furthermore, the rising health consciousness among the masses is providing a thrust to the maple water market growth. With changing lifestyles and dietary habits, there is an increasing preference for organic and plant-based beverages instead of carbonated drinks, juices and sparkling drinks. In line with this, maple water is also gaining traction as a weight management and sports recovery drink, due to its low-calorie and high electrolyte content. Additionally, advancements in manufacturing technologies have enabled vendors to improve product quality and packaging designs to cater to a wide consumer base with diversified requirements. Other factors, including increasing product demand for the manufacturing of natural sweeteners, maple syrup, butter, liqueur and baked desserts, along with the aggressive promotional activities by manufacturers and easy product availability through proliferating online retail channels, are expected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global maple water market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, packaging type and sales channel.
Breakup by Product:
Breakup by Packaging Type:
Breakup by Sales Channel:
Supermarkets and Hypermarkets
Breakup by Region:
Middle East and Africa
The report has also analysed the competitive landscape of the market with some of the key players being Drink Maple Inc., Feronia Forests LLC, Happytree Maple Water, Lower Valley Beverage Company, Maple 3, Oviva Eau D’Erable Pure, Sibberi and Smith & Salmon Inc. Key Questions Answered in This Report:
How has the global maple water market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global maple water market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the packaging type?
What is the breakup of the market based on the sales channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global maple water market and who are the key players?
What is the degree of competition in the industry?
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