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Global Maple Syrup Market 2017-2021

Global Maple Syrup Market 2017-2021

About Maple Syrup

Maple syrup is added to various food and beverages as a sweetening agent. It provides flavor to fritters, sausages, and ice creams. In many parts of Europe and in the Americas, maple syrup is used as a topping in common delicacies such as waffles, pancakes, and French toast. It is also used as a sweetener in bread, baked beans, cakes, and granola. Also, many wine manufacturers use maple syrup instead of honey for many reasons like cost benefit and health aspects.

Technavio’s analysts forecast the global maple syrup market to grow at a CAGR of 4.77% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global maple syrup market for 2017-2021. To calculate the market size, the report considers the sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Maple Syrup Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • B&G Foods
  • Pinnacle Foods
  • The J.M.Smucker Company
  • The Kraft Heinz Company
Other prominent vendors
  • American Garden
  • Amoretti
  • Butternut Mountain Farm
  • Cedarvale Maple Syrup
  • Coombs Family Farms
  • DaVinci Gourmet
  • Hidden Springs Maple
  • Hungry Jack's
  • Log Cabin
  • Monin
  • Nature’s Way Products
  • Starbucks Corporation
  • Torani
  • Williams-Sonoma
Market driver
  • Health benefits of maple syrup
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Clean labeling
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Maple Syrup Market 2017-2021

Technavio recognizes the following companies as the key players in the global maple syrup market: B&G Foods, Pinnacle Foods, The J.M.Smucker Company, and The Kraft Heinz Company

Other Prominent Vendors in the market are: American Garden, Amoretti, Butternut Mountain Farm, Cedarvale Maple Syrup, Coombs Family Farms, DaVinci Gourmet, Hidden Springs Maple, Hungry Jack's, Log Cabin, Monin, Nature’s Way Products, Starbucks Corporation, Torani, and Williams-Sonoma.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Clean labeling. The country of origin plays a critical role in the purchasing decisions of buyers directly or indirectly. For instance, the US consumers consider foods packed in the US and Canada to be safer than those from other regions based on taste, quality, freshness, and food safety.”

According to the report, one of the major drivers for this market is Health benefits of maple syrup. Maple syrup contains water, fats, proteins, carbohydrates, and sugar, along with minerals like magnesium, potassium, calcium, copper, zinc, and sodium. Maple syrup also contains vitamins such as riboflavin, thiamin, niacin, and B6.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuating prices of raw materials. Depending on the availability, raw materials that are required to produce maple syrup, such as sugar and maple, can have fluctuating prices. Also, in recent years, the widening gap between demand and supply has increased the costs of raw materials substantially. Any surge in the price of raw materials not only increases the manufacturing costs, but also reduces the profit margins for vendors. Also, to stay competitive in the market, vendors generally experiment with cheaper substitutes. In addition, suppliers of raw materials have the power to price their products at competitive and different prices. Sucrose is the most prevalent sugar used in maple syrup.

Companies Mentioned

B&G Foods, Pinnacle Foods, The J.M.Smucker Company, The Kraft Heinz Company, American Garden, Amoretti, Butternut Mountain Farm, Cedarvale Maple Syrup, Coombs Family Farms, DaVinci Gourmet, Hidden Springs Maple, Hungry Jack's, Log Cabin, Monin, Nature’s Way Products, Starbucks Corporation, Torani, and Williams-Sonoma.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Global maple syrup market in global flavored syrups market 2016 ($ billions)
    • Global flavored syrups market
      • Table Global flavored syrups market 2016-2021 ($ billions)
  • Market landscape
    • Market overview
      • Table Global maple syrup market: An overview
    • Global maple syrup market
      • Table Global maple syrup market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global maple syrup market by product 2016
      • Table Global maple syrup market by product 2016 (% share of revenue)
    • Global maple syrup market by product type 2021
      • Table Global maple syrup market by product 2021 (% share revenue)
    • Global maple syrup market by product 2016 and 2021
      • Table Global maple syrup market by product 2016 and 2021 (% share of revenue)
    • Global inorganic maple syrup market
      • Table Global in-organic maple syrup market 2016-2021 ($ millions)
    • Global organic maple syrup market
      • Table Global organic maple syrup market 2016-2021 ($ millions)
  • Market segmentation by distribution channel
    • Global maple syrup market by distribution
      • Table Global maple syrup market by distribution 2016 (% share of revenue)
  • Regional landscape
    • Geographical segmentation
      • Table Global maple syrup market by geography 2016-2021 (% share)
    • Regional comparison
      • Table Regional comparison
    • Americas - market size & forecast
      • Table Americas - market size & forecast ($ millions)
      • Table Americas - Year-over-year growth
    • EMEA - market size & forecast
      • Table EMEA - market size & forecast ($ millions)
      • Table EMEA - Year-over-year growth
    • APAC - market size & forecast
      • Table APAC - market size & forecast ($ millions)
      • Table APAC - Year-over-year growth
    • Key leading countries
      • Table Key leading countries
    • Maple syrup market in Canada
      • Table Canada - market size & forecast ($ millions)
    • Maple syrup market in the US
      • Table US - market size & forecast ($ millions)
    • Maple syrup market in Germany
      • Table Germany - market size & forecast ($ millions)
    • Maple syrup market in Japan
      • Table Japan - market size & forecast ($ millions)
    • Maple syrup market in UK
      • Table UK - market size & forecast ($ millions)
    • Maple syrup market in France
      • Table France - market size & forecast ($ millions)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Global sugar prices 2016-2017 ($ per pound)
      • Table Global chocolate syrup market 2016-2021 ($ millions)
  • Market trends
    • Clean labeling
    • Increasing demand for imitation products like maple-flavored syrups
    • Packaging innovations
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in 2016
      • Table Competitive assessment 2016
    • Other prominent vendors
  • Key vendor analysis
    • B&G Foods
      • Table B&G Foods: Product segmentation
    • Pinnacle Foods
      • Table Pinnacle Foods: Business segmentation
      • Table Pinnacle Foods: Business segmentation by revenue 2016
    • The J.M. Smucker Company
      • Table The J.M. Smucker Company: Product portfolio
      • Table The J.M. Smucker Company: Maple syrup products
    • The Kraft Heinz Company
      • Table The Kraft Heinz Company: Product segmentation by revenue 2016
      • Table The Kraft Heinz Company: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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