New Research Report on “Maple Syrup Market” presents an in-depth analysis of Maple Syrup which includes market size, share, growth, and demand forecast until 2024 (in USD billion). The report sheds light on latest market developments and prominent trends of the market. Maple Syrup market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Maple Syrup market report also includes new upcoming technology of Maple Syrup Industry that will help our clients.
Maple Syrup Market Covers Major Key Players:
Maple Syrup Market Covers manufacturers on the basis of market status, production, consumption, and forecast details.
- B&G Foods
- J.M Smucker
- Federation of Quebec Maple Syrup Producers
- Les Industries Bernard et Fils Ltee
- LB Maple Treat
- Bascom Maple Farms Inc
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Market Overview:
- The Global Maple Syrup market is estimated to reach USD 1.17 billion by 2024. It is expected to witness a CAGR of 5% during the forecast period (2019-2024). Maple syrup is widely used as a topping for various bakery products, such as waffles, cakes, pancakes, bread rolls, and French toasts. The increased utilization of maple syrup in the confectionary, bakery, cereal, and dairy industries may likely intensify the demand for maple syrup. Growing consumer demand for natural and organic products is also expected to help the sales of maple syrup, during the forecast period. The introduction of products, like organic maple syrup, strengthens the competitive environment in the global market.
Scope of the Report:
The market studied is segmented by distribution channels (Supermarket/Hypermarket, Convenience Store, Independent Retailer, and Other distribution channels (Supermarket and Hypermarket, Convenience Store, Independent Retailer, and Other Distribution Channels) and Geography (North America, Europe, Asia-Pacific, and Rest of the World).
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Key Market Trends:
Growing global demand for Maple syrup
The global maple syrup market is most likely to witness significant growth, due to increased demand in bakery applications such as waffles, pancakes, coffee cake, and bread rolls. According to the Federation of Quebec Maple Syrup Producers, by the end of 2017, it was expected that Canada would be producing 80% of the global demand of maple syrup, with approximately 85-90% of the maple syrup produced in Canada coming from Quebec. This growing production rate is expected to drive the overall global market for maple syrup, catering to the growing demand in developing regions. Many producers of maple syrup are widening their product offerings as per the rise in demand for maple syrup as a flavoring agent in an assortment of food products due to which there is a witness in the growth of global maple syrup market.
Major distribution channels – Hypermarket/Supermarket
Factors, such as the growth of the organized retail around the world and the availability of products from different brands, will drive the growth prospects of maple syrup in this category. Supermarkets are responding to the growing number of cost-conscious consumers by introducing cheaper, imported products and increasing their private label offerings for maple syrup. Customers find it beneficial to shop from such retails stores, as they offer attractive discount offers, schemes, and bulk purchases. Walmart, Tesco, Waitrose & Partners, and Marks & Spencer are some of the major hypermarkets/supermarkets operating in the global maple syrup market.
Maple Syrup Market Report contents include:
- Analysis of the laboratory balance market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on laboratory balance including products, sales/revenues, and market position
- Market structure, market drivers and restraints.
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Detailed TOC of Maple Syrup Market Report 2020-2024:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry5 MARKET SEGMENTATION
5.1 Distribution Channel
5.1.1 Supermarket and Hypermarket
5.1.2 Convenience Store
5.1.3 Independent Retailer
5.1.4 Other Distribution Channels
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.1.3 Mexico
5.2.1.4 Rest of North America
5.2.2 Europe
5.2.2.1 Germany
5.2.2.2 United Kingdom
5.2.2.3 France
5.2.2.4 Russia
5.2.2.5 Spain
5.2.2.6 Italy
5.2.2.7 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 India
5.2.3.2 China
5.2.3.3 Japan
5.2.3.4 Rest of Asia-Pacific
5.2.4 South America
5.2.4.1 Brazil
5.2.4.2 Argentina
5.2.4.3 Rest of South America
5.2.5 Middle East & Africa
5.2.5.1 UAE
5.2.5.2 South Africa
5.2.5.3 Rest of Middle East & Africa6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 B&G Foods
6.1.2 J.M Smucker
6.1.3 Federation of Quebec Maple Syrup Producers
6.1.4 Les Industries Bernard et Fils Ltee
6.1.5 LB Maple Treat
6.1.6 Bascom Maple Farms Inc7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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September 27, 2020 at 08:26PM
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Maple Syrup Market Growth Insights 2020 – by Key Players, Research by Top Trends, Revenue, Share, Business Size Forecast to 2024 - Crypto Daily
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