Here Are The Top Emerging Trends in Global Maple Syrup Market

Maple Syrup Market


The global maple syrup market is expected to grow at a CAGR of 6.51% during the forecast period. Based on the product, the global maple syrup market has been segmented into the conventional and organic segments. As per the latest market research report published by Technavio, the global maple syrup market size will grow by USD 461.9 million during 2019-2023. Get the free sample report below for the detailed information.

 Download the free sample report @ http://bit.ly/358J7cY

Maple syrup is generally extracted from three types of maple trees including, the sugar maple, the red maple, and the black maple. The conventional maple syrup segment dominates the global maple syrup market as the penetration of organic syrup is low across the world. The northeastern parts of North America account for most of the maple syrup production across the world. In 2016, Canada was the leading producer for maple syrup and accounted for over 80% of the global production followed by the US. 

Significant growth in demand for conventional maple syrup is expected from the foodservice segment, where it is used in cakes, ice creams, hot and cold beverages, and other items. However, the maple syrups market in developed countries like the US and Canada has already attained maturity, which could hamper the growth of this segment. However, the conventional segment accounts for the major share in the global maple syrup market during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.

Get the Complete Report @ http://bit.ly/34b8XLO
Location: United States

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