Market Research Future (Food and Beverages) Maple Syrup Market Research, Size, Trend | Page 4

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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