Maple Syrup Market Growth, Size, Trends, Analysis ,Strategies and Segment Forecast to 2034

Global Maple Syrup Market Growth, Size, Trends Analysis- By Source, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Published: Jul-2025 Report ID: FMCG25134 Pages: 1 - 244 Formats*:     
Category : Consumer & Retail
Maple Syrup Market Introduction and Overview 

According to SPER Market Research, the Global Maple Syrup Market is estimated to reach USD 3.36 billion by 2034 with a CAGR 6.46%.

The report includes an in-depth analysis of the Global Maple Syrup Market, including market size and trends, product mix, Applications, and supplier analysis.  The Maple Syrup Market was valued at USD 1.8 billion in 2024 and is projected to increase at a compound annual growth rate (CAGR) of 6.46% between 2025 and 2034. The growing use of maple syrup in bakery, confectionery, cereal, and dairy products is boosting market growth. This rise is driven by evolving consumer preferences, increased demand for organic and natural ingredients, and a global shift toward nutritious diets. Improved income levels and economic conditions are also contributing factors. Additionally, the popularity of baked goods like waffles, pancakes, cakes, and French toast is fueling demand. As a natural sweetener, maple syrup’s appeal continues to grow, further supporting its expanding role in various food applications and driving market expansion.
Maple Syrup Market
By Source:
The sugar maple segment holds the largest share of the maple syrup market, driven by the growing demand for bakery and confectionery products. Sugar maples, primarily found in parts of the U.S. and Canada, are ideal for syrup production, supporting market expansion. Rising demand for packaged maple products for home and industrial use also boosts growth. Meanwhile, the black maple segment is growing rapidly due to its health benefits, including antioxidants. Factors such as improved income levels, urbanization, e-commerce growth, and consumer preference for organic, nutritious products further fuel market demand.

Regional Insights:
North America dominates the global maple syrup market, driven by strong demand and increasing interest in healthy, nutrient-rich foods. Consumer preferences in the region reflect a shift toward natural products, supported by evolving tastes and behavior. In Asia Pacific, demand is rapidly rising, especially in countries like Japan, Australia, and South Korea, due to growing health awareness and a large consumer base. However, factors like high import costs and inconsistent product quality may restrain growth. Europe also shows strong demand, supported by high purchasing power and widespread maple syrup consumption.



Market Competitive Landscape:
The global Maple Syrup Market is moderately consolidated, with several prominent players shaping the industry. Key companies include: B & G Foods, Inc., The J.M. Smucker Co., Federation of Quebec Maple Syrup Producers, Les Industries Bernard et Fils Ltee, LB Maple Treat, Bascom Maple Farms Inc., Butternut Mountain Farm, Ferguson Farm Vermont Maple Syrup, Conagra Brands Inc., and Coombs Family Farms.

Recent Developments:
In June 2022, Les Industries Bernard et Fils Ltee was acquired by Valeo Foods Group, a global distributor operating in over 100 countries. This acquisition is expected to strengthen Bernard’s market presence and potentially double its revenue in the coming years.

Scope of the report:
 Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
 Forecast period 2025-2034
Segments coveredBy Source, By Distribution Channel
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
B & G Foods, Inc., The J.M. Smucker Co., Federation of Quebec Maple Syrup Producers, Les Industries Bernard et Fils Ltee, LB Maple Treat, Bascom Maple Farms Inc., Butternut Mountain Farm, Ferguson Farm Vermont Maple Syrup, Conagra Brands Inc., and Coombs Family Farms.

Key Topics Covered in the Report
  • Global Maple Syrup Market Size (FY’2021-FY’2034)
  • Overview of Global Maple Syrup Market
  • Segmentation of Global Maple Syrup Market By Source (Red Maple, Black Maple, Sugar Maple)
  • Segmentation of Global Maple Syrup Market By Distribution Channel (Offline, Online)
  • Statistical Snap of Global Maple Syrup Market
  • Expansion Analysis of Global Maple Syrup Market
  • Problems and Obstacles in Global Maple Syrup Market
  • Competitive Landscape in the Global Maple Syrup Market
  • Details on Current Investment in Global Maple Syrup Market
  • Competitive Analysis of Global Maple Syrup Market
  • Prominent Players in the Global Maple Syrup Market
  • SWOT Analysis of Global Maple Syrup Market
  • Global Maple Syrup Market Future Outlook and Projections (FY’2025-FY’2034)
  • Recommendations from Analyst
1.Introduction
1.1.Scope of the report
1.2.Market segment analysis 

2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data
2.1.2.Primary Data
2.1.3.SPERs internal database
2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation

3.Executive Summary

4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.1.4.Challenges

5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths
5.1.2.Weaknesses
5.1.3.Opportunities
5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape
5.2.2.Economic Landscape
5.2.3.Social Landscape
5.2.4.Technological Landscape
5.2.5.Environmental Landscape
5.2.6.Legal Landscape
5.3.PORTERs Five Forces 
5.3.1.Bargaining power of suppliers
5.3.2.Bargaining power of buyers
5.3.3.Threat of Substitute
5.3.4.Threat of new entrant
5.3.5.Competitive rivalry
5.4.Heat Map Analysis

6.Competitive Landscape
6.1.Global Maple Syrup Market Manufacturing Base Distribution, Sales Area, Product Type 
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Maple Syrup Market

7.Global Maple Syrup Market, By Source, (USD Million) 2021-2034 
7.1.Red Maple
7.2.Black Maple
7.3.Sugar Maple

8.Global Maple Syrup Market, By Distribution Channel, (USD Million) 2021-2034 
8.1.Offline
8.2.Online

9.Global Maple Syrup Market, (USD Million) 2021-2034 
9.1.Global Maple Syrup Market Size and Market Share

10.Global Maple Syrup Market, By Region, 2021-2034 (USD Million)
10.1.Asia-Pacific
10.1.1.Australia
10.1.2.China
10.1.3.India
10.1.4.Japan
10.1.5.South Korea
10.1.6.Rest of Asia-Pacific
10.2.Europe
10.2.1.France
10.2.2.Germany
10.2.3.Italy
10.2.4.Spain
10.2.5.United Kingdom
10.2.6.Rest of Europe
10.3.Middle East and Africa
10.3.1.Kingdom of Saudi Arabia 
10.3.2.United Arab Emirates
10.3.3.Qatar
10.3.4.South Africa
10.3.5.Egypt
10.3.6.Morocco
10.3.7.Nigeria
10.3.8.Rest of Middle-East and Africa
10.4.North America
10.4.1.Canada
10.4.2.Mexico
10.4.3.United States
10.5.Latin America
10.5.1.Argentina
10.5.2.Brazil
10.5.3.Rest of Latin America 

11.Company Profile
11.1.B & G Foods, Inc.
11.1.1.Company details
11.1.2.Financial outlook
11.1.3.Product summary 
11.1.4.Recent developments
11.2.The J.M. Smucker Co
11.2.1.Company details
11.2.2.Financial outlook
11.2.3.Product summary 
11.2.4.Recent developments
11.3.Federation of Quebec Maple Syrup Producers
11.3.1.Company details
11.3.2.Financial outlook
11.3.3.Product summary 
11.3.4.Recent developments
11.4.Les Industries Bernard et Fils Ltee
11.4.1.Company details
11.4.2.Financial outlook
11.4.3.Product summary 
11.4.4.Recent developments
11.5.LB Maple Treat
11.5.1.Company details
11.5.2.Financial outlook
11.5.3.Product summary 
11.5.4.Recent developments
11.6.Bascom Maple Farms Inc
11.6.1.Company details
11.6.2.Financial outlook
11.6.3.Product summary 
11.6.4.Recent developments
11.7.Butternut Mountain Farm
11.7.1.Company details
11.7.2.Financial outlook
11.7.3.Product summary 
11.7.4.Recent developments
11.8.Ferguson Farm Vermont Maple Syrup
11.8.1.Company details
11.8.2.Financial outlook
11.8.3.Product summary 
11.8.4.Recent developments
11.9.Conagra Brands Inc.
11.9.1.Company details
11.9.2.Financial outlook
11.9.3.Product summary 
11.9.4.Recent developments
11.10.Coombs Family Farms
11.10.1.Company details
11.10.2.Financial outlook
11.10.3.Product summary 
11.10.4.Recent developments
11.11.Others

12.Conclusion

13.List of Abbreviations

14.Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

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Frequently Asked Questions About This Report
Maple Syrup Market size is USD 3.36 from 2025 to 2034.
Maple Syrup Market projected to reach USD 3.36 by 2034, growing at a CAGR of 6.46 % during the forecast period.
Maple Syrup Market from 2025. The Market is expected to reach USD 3.36 by 2034, at a CAGR of 6.46% during the forecast period.
Maple Syrup Market CAGR of 6.46% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Maple Syrup Market covered By Material Type, By Source, By Distribution Channel
The North America is anticipated to have the highest Market share in the Maple Syrup Market .
" B & G Foods, Inc., The J.M. Smucker Co., Federation of Quebec Maple Syrup Producers, Les Industries Bernard et Fils Ltee, LB Maple Treat, Bascom Maple Farms Inc., Butternut Mountain Farm, Ferguson Farm Vermont Maple Syrup, Conagra Brands Inc., and Coombs Family Farms."
" The report includes an in-depth analysis of the Global Maple Syrup Market, including market size and trends, product mix, Applications, and supplier analysis."
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