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The maple syrup market share is expected to increase by USD 402.61 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.7%.

This maple syrup market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers maple syrup market segmentation by product (conventional and organic), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and MEA). The maple syrup market report also offers information on several market vendors, including B and G Foods Inc., Butternut Mountain Farm, Conagra Brands Inc., Ferguson Farm Vermont Maple Syrup, Global Export Marketing Co. Ltd., LES INDUSTRIES BERNARD & FILS LTÉE, PepsiCo Inc., The Hain Celestial Group Inc., The J.M. Smucker Co., and The Kraft Heinz Co. among others.

What will the Maple Syrup Market Size be During the Forecast Period?

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Maple Syrup Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The new product launches are notably driving the maple syrup market growth, although factors such as health problems associated with HFCS may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the maple syrup industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Maple Syrup Market Driver

New product launches are one of the key factors driving the growth of the global maple syrup market. Increasing new product launches by regional and international players may support the growth of the global maple syrup market. The manufacturers of maple syrup are adopting innovative and distributive strategies to increase the market size of these products. Successful new product launches are expected to accelerate the growth of competitors and the global maple syrup market as well. A successful new product launch helps in increasing the revenue flow of a vendor and broadening its consumer base. Additionally, new product launches increase the market share of players and offer them a competitive edge over other players in the market. For instance, in October 2020, Runamok Maple LLC expanded into the cocktail space and launched a collection of maple cocktail syrups and bitters. The line of cocktail mixers will feature four different syrups (Maple Old Fashioned, Maple Tonic, Smoked Old Fashioned, and Maple Ginger Mule) along with three kinds of bitters (Floral Maple, Aromatic Maple, and Orange Maple).

Key Maple Syrup Market Trend

Labeling trends will fuel the global maple syrup market growth. The country of origin plays a critical role in the purchasing decisions of buyers directly or indirectly. For instance, consumers in the US consider foods packed in the US and Canada to be safer than those from other regions based on taste, quality, freshness, and food safety. Country-of-origin labeling (COOL) in the US introduced labeling of products to keep consumers informed to make better purchasing decisions. However, the implementation of labeling has caused producers to incur high costs. The US government has appealed the proceeding of COOL in regions such as Canada and Mexico as these regions have claimed that the law discriminates against their producers. Maple syrup is graded according to the US, Canada, or Vermont scales based on its translucency and density. In Canada, the syrups must be extracted exclusively from maple sap to qualify as maple syrup and must also be at least 66% sugar. In the US, pure maple syrup must be made almost entirely from maple sap to be labeled as maple. However, states like New York and Vermont follow many tough restrictions.

Key Maple Syrup Market Challenge

Growing health concerns about diabetes and obesity are major challenges for the global maple syrup market growth. It has been noted that the number of obese people is increasing globally. The rise in obesity levels is due to the ingredients in food products. The use of emulsifiers in ice creams leads to obesity and diabetes. Emulsifiers are additives that are added to the processing of foods to stabilize them. As per the US FDA, emulsifiers are generally regarded as safe because they do not have a toxic effect on mammals and pose no risk of cancer. However, a recent study conducted in mice revealed that emulsifiers could alter the makeup of bacteria in the colon and cause inflammation in the gut resulting in changes in the metabolism. In the growing health-conscious environment, this is a challenge for the global maple syr

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U.S. Census Bureau QuickFacts statistics for Maple Heights city, Ohio. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits.

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