The maple syrup market size was valued at USD 1.54 billion in 2024. The market is projected to grow from USD 1.64 billion in 2025 to USD 2.62 billion by 2032, exhibiting a CAGR of 6.94% during the forecast period. North America dominated the maple syrup market with a market share of 75.97% in 2024.

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.

Get Sample PDF Brochure:

Segmentation

Sugar Maple Leads with Superior Sap Sweetness

The market is segmented by source into sugar maple, black maple, and red maple. Sugar maple holds the largest market share due to its naturally higher sap sweetness, making it the top choice for syrup production.

Supermarkets & Hypermarkets Lead in Distribution

Based on distribution channels, the market is divided into supermarkets/hypermarkets, specialty stores, online sales platforms, and others. Supermarkets and hypermarkets dominate due to their wide product availability and convenient shopping experience. Specialty stores, known for offering premium selections and personalized service, help build strong brand loyalty.

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

Report Coverage

This report provides:

  • A detailed analysis of key market segments and evolving trends.
  • Insights into market drivers and challenges influencing growth.
  • A comprehensive review of regional market performance.
  • An evaluation of COVID-19’s impact on the industry.
  • Strategies adopted by leading players to maintain a competitive edge.

Drivers & Restraints

Trade Agreements & Expanding Imports Fuel Growth

The maple syrup market benefits from increasing trade agreements and rising import activities. With maple trees primarily growing in North America, global markets rely on Canada and the U.S. for syrup supply. Government initiatives, such as tax incentives and import/export exemptions, further support market expansion.

However, stringent regulations and high production costs pose challenges. Sudden policy changes can disrupt production processes and affect profitability, potentially slowing market growth.

Ask for Customization:

Regional Insights

North America Leads with High Production & Health Benefits

North America dominates the market, driven by the nutritional advantages of maple syrup, making it a preferred choice among health-conscious consumers. Canada remains the world’s largest producer and exporter, with maple syrup deeply ingrained in its culture.

Europe is the second-largest consumer, with strong demand but limited domestic production, resulting in a heavy reliance on North American imports.

Asia Pacific is poised for significant growth, fueled by increasing consumer preference for natural sweeteners. Key markets in this region include Japan, Australia, and South Korea.

Competitive Landscape

Stonewall Kitchen Expands with Organic Maple Syrup

Leading industry players include B&G Foods Inc., LB Maple Treat Corporation, Coombs Family Farms, Maple Joe, and others. These companies are actively expanding their product lines to capture new market opportunities.

Key Industry Developments

  • January 2021: Stonewall Kitchen introduced an organic maple syrup, offering versatility as a topping for vanilla ice cream and coffee. The Maine-based company specializes in premium specialty foods.
  • July 2021: Republic of Vermont launched a cultured maple syrup featuring a unique tangy-sweet flavor. Known for its raw honey and organic offerings, the company continues to innovate in the natural sweetener segment.

Key Players Profiled

  • Golden Dog Farm LLC (U.S.)
  • Les Industries Bernard & Fils (Canada)
  • Maple Joe (Canada)
  • LB Maple Treat Corporation (Canada)
  • Coombs Family Farms (U.S.)
  • Butternut Mountain Farms (U.S.)
  • Ferguson Farm Vermont Maple Syrup (U.S.)
  • Vermont Pleasant Valley Maples (U.S.)
  • B&G Foods Inc. (U.S.)
  • Judd’s Wayeeses Farms (U.S.)

Inquire Before Buying This Report:

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

US: +1 833 909 2966

UK: +44 8085 020280

APAC: +91 744 740 1245

Information contained on this page is provided by an independent third-party content provider. XPRMedia and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@xpr.media