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Multitude of Health Benefits Offered by the Maple Syrup is Boosting the Revenue for Top Maple Syrup Producers in the World

November 29, 2023 | Food & Beverages

Maple syrup refers to the natural sweetener which is manufactured from the sap extracted from maple trees. It is a healthy sugar substitute and has a multitude of health benefits; therefore, it has a premium price in the market. The surging demand for healthy food products among consumers is set to create lucrative opportunities for market growth. As per a report by Fortune Business Insights™, the market for maple syrup reached USD 1.35 billion in 2022 and is set to reach USD 2.28 billion in 2030 with a CAGR of 6.80%. The market is also set to reach the valuation of USD 1.44 billion in 2023. Leading maple syrup producers are deploying innovative product packaging designs for boosting product sales and attracting new consumers.