"Market Intelligence that Adds Flavour to Your Success"

Maple Syrup Market Size, Share & Industry Analysis, By Source (Sugar Maple, Black Maple, and Red Maple), By Category (Organic and Conventional), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Sales Channels, and Others), and Regional Forecast, 2024-2032

Last Updated: May 06, 2024 | Format: PDF | Report ID: FBI103831



Play Audio Listen to Audio Version

The maple syrup market size was valued at USD 1.44 billion in 2023 and is projected to grow from USD 1.54 billion in 2024 to USD 2.62 billion by 2032, exhibiting a CAGR of 6.91% during the forecast period.

It is a natural sweetener produced from the sap obtained from maple trees. It is specifically manufactured in North America, with Canada being the largest producer of this syrup. The sweetener is consumed with breakfast foods, such as pancakes, cereals, waffles, and others. The syrup has a distinct flavor and sweetness profile depending on the variety of tree from which the sap is collected. It is a healthy alternative to sugar and has several health benefits, thus commanding a premium price in the market.

The onset of the COVID-19 pandemic caused fewer tourists to visit the farms, thereby affecting farmers' revenue. This also compelled many farm owners to borrow credit to make up for their losses and also reduce their workforce during the pandemic. However, the retail demand for this product remained strong.

Maple Syrup Market Trends

Adoption of New Dietary Regime to Promote Market Growth

Locally produced syrup is also growing at a strong pace, especially in North America. Consumers in the region, especially Canada, the U.S., and many European countries are opting for such diets, making vegan food products, such as product is popular in these countries. It is a suitable sugar alternative for vegan consumers as it is sourced from maple trees through tapping and without harming the trees. The syrup also has calcium, potassium, zinc, and other essential minerals, providing the necessary nutrition to vegan consumers. Among several global maple syrup market trends includes the development of new products specifically designed for such consumers.

  • According to a study by the University of Vermont, in 2020, around three-quarters of the respondents were willing to pay extra for “Family Farmed” syrup (72.3%), followed by all-natural (49.6%), organic (37.3%), wood-fired (33.6%), bird-friendly (31.4%), and kosher (11.4%) product.

Request a Free sample to learn more about this report.

Maple Syrup Market Growth Factors

Growing Demand for Healthy Food Products among Consumers to Boost Market Growth

Syrup derived from maple trees is regarded as a high-value product that is claimed to be healthier and more nutritious than artificial sweeteners, such as sugar. Compared to other organic sweeteners, it has emerged as a preferable choice to refined sugar for its high concentration of phenolic compounds and mineral content. The presence of organic acids, amino acids, and minerals, such as zinc, potassium, and manganese makes it a unique and superior alternative.

  • For instance, a study conducted by the International Journal of Environmental Research and Public Health in 2022 showed that bioactive substances in these syrups have the potential to reduce the risk of cancer and mutagenesis in individuals.

It has a long-standing history of consumption, particularly in the North American region, where it is highly appreciated. More recently, interest in this product has spread to other areas across the globe, such as Europe and Asia Pacific, owing to the surging demand for natural sweeteners. It is healthier and nutritious compared to other sugar alternatives, making it appealing among health-conscious consumers. Other key factors, such as the growing ageing population, rising awareness about the health benefits and nutraceutical properties of this syrup, and increasing use as a dressing in baked goods are anticipated to boost the maple syrup market growth.

Favorable Bilateral Trade Agreement Between Manufacturing and Importing Countries to Support Market Growth

Maple trees are mainly grown in North American countries due to favorable weather conditions in that region. Hence, other countries across the world rely heavily on Canada and the U.S. to procure and meet their respective market requirements. The demand for such product is increasing exponentially across the globe, especially due to its import duty-free advantages, unlike sugar taxes. Moreover, it is recognized as a better alternative to sugar, which is why the government of Canada is working on strengthening its export facilities.

  • For instance, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) removed 8% tax on imports and 94% of the E.U.’s agricultural and 96% of seafood and fish import tariffs.


Strict Government Regulations and Weather Changes to Impede Market Growth

Canada and the U.S. have established stringent regulatory measures and quality control processes to ensure that the countries produce only high-quality products. For instance, in the U.S., the products should not have more than 68.9% solid weight content. Similarly, Canada has also established its own grading and product packaging regulations that need to be followed by the manufacturers.

Its production is highly vulnerable to rapid climate change. Increase in global temperature, changes in precipitation, and early onset of winter impacts the thaw cycle and hampers its production. The growing temperatures over the past decades, along with rising variability and more extreme weather conditions, such as shorter winter spells and warmer climates, are harshly impacting the yield as well as the quality of the maple sap. The maple season usually starts between February and April of each year when sap from the maple trees is extracted and converted into syrups.

  • As per data provided by Agricultural Canada, the warm spring temperatures in 2021 caused a decline in the production by 21% compared to 2020. Similarly, the climate change-induced production problems hampered the manufacturing of a million gallons of syrup in 2023.

Maple Syrup Market Segmentation Analysis

By Source Analysis

Sugar Maple Gains Traction Owing to Having Highest Sweet Content

Based on source, the market is classified into sugar maple, black maple, and red maple.

Sugar maple led the market in 2023. Sugar maple is one of the most popular tree species used for the production of this syrup and is the second most popular source for obtaining this syrup. The segment is expected to register steady growth in the future. Sugar maple produces sap, which is sweeter than that of other maple varieties. Hence, syrup producers prefer to use this tree species for production.

Black maple also has a similar sugar concentration to sugar maple, and it is also used for syrup production. The sweetness content of black and sugar maple is 2-3%.

Other maple tree species, such as red maple trees have lower sugar content compared to that of black and sugar maple. Changes in climate conditions can significantly hamper the health of sugar maple tree species. Hence, manufacturers are looking for other alternative tree species for producing the syrup.

To know how our report can help streamline your business, Speak to Analyst

By Category Analysis

Conventional Is Widely Consumed By Consumers Owing to the Wider Availability of Such products

Based on category, the market is segmented into conventional and organic.

The conventional type segment accounts for the largest market share, followed by the organic type segment. Although these products are harvested naturally, not all maple trees are organically grown.

Organic segment will be the fastest-growing segment during the forecast period as these trees are grown without the use of pesticides and other chemical products. The demand for natural and organic products is increasing among consumers. Several maple farms are slowly adopting organic cultivation practices to grow organic maple trees to meet the high consumer demand. Therefore, countries across North America have established stringent regulatory policies to ensure that the products are organically made.

  • Vermont Organic Farmers (VOF), a branch of the U.S. Department of Agriculture (USDA), reviews the farms to ensure that they are suitable to be certified organic.

By Distribution Channel Analysis

Supermarkets/Hypermarkets Account for the Largest Market Share among Various Distribution Channels Due to Availability of Wider Product Options

On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, online sales channels, and others.

Supermarkets/hypermarkets are the most widely adopted channels for product purchases and hence they hold the dominating market share. They provide better and wider product options for consumers. Consumers in European countries prefer to purchase these products from supermarkets as they have a wider product range to select and purchase from.

Specialty stores are suitable for consumers who want to enjoy specialty products, such as organic products, which are not readily available in the market. These stores provide a personalized shopping experience and increase the probability of repeat product purchases and higher brand loyalty.

The adoption of online sales channels has increased over the past few years, especially during the COVID-19 pandemic. Consumption is growing among consumers in Europe and Asia Pacific, and it is available through online stores, which helps them place purchase orders from the comfort of their homes.


Regionally, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

North America Maple Syrup Market Size, 2023 (USD Billion)

To get more information on the regional analysis of this market, Request a Free sample

North America holds a major part in the maple syrup market share and was valued at USD 1.09 billion in 2023. The U.S. is the largest importer of this product and accounts for the highest market share. This syrup, a natural sweetener with essential nutrients, has been a renowned item in the American and Canadian cultures since ancient times. Canada conducts events that help consumers celebrate the importance of this syrup, learn about its production, and enjoy delicious samples of the iconic Canadian maple syrup. These instances will open numerous opportunities for the market players to improve their brand recognition and business profitability.

For instance, in March 2023, Credit Valley Conservation of Canada hosted three separate events, such as Maple Syrup in the Park, Maple Syrup by Limelight, and Sap to Syrup. The events offered a chance to the visitors to take a tour of the event and enjoy pancakes with real product. In addition, it helped visitors learn the process of tapping the trees and bottling the syrup. High-quality syrup production is considered a signature of Quebec-based producers in Canada.

Europe is the world’s second largest consumer and maple products in syrup form are popular among all age groups. The country did not seize the “maple syrup fever” in the way that it has become a common name in North America. The syrup originated in North America, specifically Canada, in the 80s and 90s, when it was ideally served as a dressing over bread rolls, French toast, and waffles. Owing to the growing tourism and rising number of affluent consumers, it has discovered its way to enter the European markets.

Asia Pacific is projected to be among the emerging markets and expected to grow at a stronger pace over the next few years. Uniqueness, limited availability, and premium quality are some of the important reasons for the growing demand for these products. However, the progress of artisanal manufacturers is quite slow in the region due to poor awareness and production facilities. Thus, the companies should concentrate on conducting exhibitions or providing free samples of the syrup so that the consumers can experience the taste and familiarize themselves to the overall color and texture of the product. These initiatives can thus trigger the regional market’s growth. Gifting is another category experiencing growth in popularity as it offers specialty-infused syrups and fruit-flavored syrup in the form of small kits for home.

The rapid economic growth of GCC countries and rise in the disposable income of the regional population are impacting consumers' consumption behavior. Canada has a strong trade relationship with the Middle Eastern countries, creating ample opportunities for manufacturers to expand their market presence in these nations. Food promotion events are being conducted in partnership with these countries to help consumers enjoy sample food items and choose products at their convenience, of their choice. Furthermore, several manufacturers have partnered with supermarket chains in these countries and are positioning themselves to meet the evolving market needs.

The market’s growth in South American countries is limited owing to the high cost of the product compared to other sweeteners available in the market. The popularity of North American and European cuisines in the region is expected to positively influence the adoption in the future. Social media platforms, such as TikTok, Facebook, Instagram Reels, and YouTube are exposing young consumers to food cultures followed in other countries. Maple syrup-based recipes were launched on these platforms during the pandemic, which prompted consumers to purchase and experiment with this product, leading to increased sales in the region.

To know how our report can help streamline your business, Speak to Analyst

List of Key Companies in Maple Syrup Market

Key Players Adopt Innovative Product Packaging Designs to Attract New Consumers and Increase Product Sales

The major companies operating in the market are B&G Foods Inc., LB Maple Treat Corporation, Coombs Family Farms, Maple Joe, and others. The market players are working on expanding their presence in untapped markets by collaborating with local distributors of a particular region. Some companies are launching new products with innovative packaging designs to make it easier for consumers to add it to their foods. For instance, in May 2020, Coombs Family Farms announced the launch of its first sprayable maple product named “Coombs Family Farms Maple Stream”. At the push of a button, the Maple Stream dispenses a specific amount of organic, grade A, amber colored syrup with no sticky mess, which makes it easier for consumers to use the bottle. These packaging initiatives will help boost the product’s sales in the market.



  • November 2023: Valeo Foods launched a new maple syrup range named Maple Crest Maple Syrup in the U.K., which is available at USD 5.09 in a 330g packaging format. The new syrup has a dark color with a robust flavor and helps the company sell Canada-based syrups to U.K. consumers.

  • November 2023: Canadian Maple Co. adopted digital innovation to help it export its products to consumers. The new digital platform launched by the company helps it sell the products to the consumers through digital platforms and ensure authentic product reach to the consumers.

  • August 2023: Ben’s Sugar Shack, a Canada-based company, expanded its production capacity and launched a new store to sell its new maple products to consumers.

  • May 2022: Valeo Foods acquired maple syrup manufacturer Les Industries Bernard & Fils. This acquisition helped the company expand its product portfolio in the maple syrup segment and increase its product offerings for its consumers.

  • May 2021: U.S.-based maple syrup producers Runamok Maple and WhistlePig launched handcrafted, barrel-aged maple products named WhistlePig Rye Whiskey Barrel-Aged Syrup and WhistlePig Barrel-Aged Maple Bitters. The product is available in online stores and retail stores across the U.S.


An Infographic Representation of Maple Syrup Market

To get information on various segments, share your queries with us

The research report includes quantitative and qualitative insights into the global market. It also offers a detailed analysis of the market’s value, size, and growth rate for all possible segments. Various key insights presented in the report are an overview of the related markets, competitive landscape, recent industry developments, such as mergers & acquisitions, regulatory scenarios in critical countries, and key industry trends.




Study Period


Base Year


Estimated Year


Forecast Period


Historical Period



Value (USD Billion)

Growth Rate

CAGR of 6.91% from 2024 to 2032


By Source

  • Sugar Maple

  • Black Maple

  • Red Maple

By Category

  • Organic

  • Conventional

By Distribution Channel

  • Supermarkets/Hypermarkets

  • Specialty Stores

  • Online Sales Channels

  • Others

By Geography

  • North America (By Source, Category, Distribution Channel, and Country)

    • U.S.

    • Canada 

    • Mexico 

  • Europe (By Source, Category, Distribution Channel, and Country)

    • Germany 

    • France 

    • Italy 

    • Spain 

    • U.K.

    • Switzerland

    • Belgium

    • Rest of Europe 

  • Asia Pacific (By Source, Category, Distribution Channel, and Country)

    • China

    • India

    • Japan 

    • Australia 

    • Singapore

    • Rest of Asia Pacific 

  • South America (By Source, Category, Distribution Channel, and Country

    • Brazil

    • Argentina

    • Colombia

    • Rest of South America

  • Middle East and Africa (By Source, Category, Distribution Channel, and Country)

    • UAE

    • South Africa

    • Rest of MEA

Frequently Asked Questions

Fortune Business Insights says that the market size was valued at USD 1.44 billion in 2023.

The market is projected to grow at a CAGR of 6.91% during the forecast period of 2024-2032.

By source, the sugar maple segment is expected to be the leading segment in the market.

Maple syrup is comparatively healthier than other sugar alternatives available in the market, which will drive the market’s growth.

B&G Foods Inc., LB Maple Treat Corporation, and Coombs Family Farms are a few of the top players in the market.

The U.S. is expected to hold the highest market share throughout the forecast period.

Strict government regulations and extreme weather changes can impede the market’s growth.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2019-2032
  • 2023
  • 2019-2022
  • 152

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.