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Asia Pacific Maple Syrup Market Size, Share & Trends Analysis Report By Category (Conventional, and Organic), By Distribution Channel, By Source (Sugar Maple, Black Maple, and Red Maple), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 135 Pages
  • April 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5967360
The Asia Pacific Maple Syrup Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 21,413.6 Tonnes, showcasing a growth of 14.6% (2019-2022).

In the market, supermarkets and hypermarkets serve as key distribution channels, offering a diverse range of maple syrup categories to cater to varying consumer preferences. These retail giants typically stock an extensive selection of these syrup, including organic and conventional varieties, across different grades such as Grade A (Golden, Amber, Dark, and Very Dark) and Grade B. In terms of volume, the India Market registered 1,565.86 Tonnes in the supermarkets and hypermarkets in 2023.



The China market dominated the Asia Pacific Maple Syrup Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $154.9 million by 2031. The Japan market is registering a CAGR of 7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8.4% during (2024 - 2031).

Sustainability has become a key focus in the industry, with producers implementing environmentally friendly practices such as forest management, responsible tapping techniques, and energy-efficient production methods. Supporting brands that prioritize environmental stewardship and sustainability is gaining popularity among consumers. There is growing consumer interest in artisanal and small-batch food products, including maple syrup.

Artisanal producers often highlight their craftsmanship, attention to detail, and unique flavour profiles, appealing to consumers looking for high-quality and authentic products. Moreover, while maple syrup remains popular, there is a growing market for alternative sweeteners such as honey, agave syrup, and coconut sugar. Additionally, some consumers seek to reduce their sugar intake, increasing demand for sugar-free or reduced-sugar products.

According to Invest India, Indian e-commerce is estimated to develop at a 27% compound annual growth rate, reaching $163 billion by 2026. As health consciousness increases among Indian consumers, there is a growing demand for natural and healthier alternatives to traditional sweeteners. Rapid urbanization and changing lifestyles in India have led to shifts in dietary preferences and consumption patterns. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.

Based on Category, the market is segmented into Conventional, and Organic. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, Online Sales Channels, and Others. Based on Source, the market is segmented into Sugar Maple, Black Maple, and Red Maple. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • B&G Foods, Inc.
  • Vermont Pleasant Valley Maples
  • Ferguson Farm Vermont Maple Syrup
  • Butternut Mountain Farm
  • Coombs Family Farms
  • Maple Joe (Famille Michaud Apiculteurs)
  • Golden Dog Farm LLC
  • Judd’s Wayeeses Farms
  • Anderson’s Maple Syrup, Inc.

Market Report Segmentation

By Category (Volume, Tonnes, USD Billion, 2020-2031)
  • Conventional
  • Organic
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Online Sales Channels
  • Others
By Source (Volume, Tonnes, USD Billion, 2020-2031)
  • Sugar Maple
  • Black Maple
  • Red Maple
By Country (Volume, Tonnes, USD Billion, 2020-2031)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Maple Syrup Market, by Category
1.4.2 Asia Pacific Maple Syrup Market, by Distribution Channel
1.4.3 Asia Pacific Maple Syrup Market, by Source
1.4.4 Asia Pacific Maple Syrup Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Maple Syrup Market by Category
4.1 Asia Pacific Conventional Market by Country
4.2 Asia Pacific Organic Market by Country
Chapter 5. Asia Pacific Maple Syrup Market by Distribution Channel
5.1 Asia Pacific Hypermarkets & Supermarkets Market by Country
5.2 Asia Pacific Specialty Stores Market by Country
5.3 Asia Pacific Online Sales Channels Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Maple Syrup Market by Source
6.1 Asia Pacific Sugar Maple Market by Country
6.2 Asia Pacific Black Maple Market by Country
6.3 Asia Pacific Red Maple Market by Country
Chapter 7. Asia Pacific Maple Syrup Market by Country
7.1 China Maple Syrup Market
7.1.1 China Maple Syrup Market by Category
7.1.2 China Maple Syrup Market by Distribution Channel
7.1.3 China Maple Syrup Market by Source
7.2 Japan Maple Syrup Market
7.2.1 Japan Maple Syrup Market by Category
7.2.2 Japan Maple Syrup Market by Distribution Channel
7.2.3 Japan Maple Syrup Market by Source
7.3 India Maple Syrup Market
7.3.1 India Maple Syrup Market by Category
7.3.2 India Maple Syrup Market by Distribution Channel
7.3.3 India Maple Syrup Market by Source
7.4 South Korea Maple Syrup Market
7.4.1 South Korea Maple Syrup Market by Category
7.4.2 South Korea Maple Syrup Market by Distribution Channel
7.4.3 South Korea Maple Syrup Market by Source
7.5 Australia Maple Syrup Market
7.5.1 Australia Maple Syrup Market by Category
7.5.2 Australia Maple Syrup Market by Distribution Channel
7.5.3 Australia Maple Syrup Market by Source
7.6 Malaysia Maple Syrup Market
7.6.1 Malaysia Maple Syrup Market by Category
7.6.2 Malaysia Maple Syrup Market by Distribution Channel
7.6.3 Malaysia Maple Syrup Market by Source
7.7 Rest of Asia Pacific Maple Syrup Market
7.7.1 Rest of Asia Pacific Maple Syrup Market by Category
7.7.2 Rest of Asia Pacific Maple Syrup Market by Distribution Channel
7.7.3 Rest of Asia Pacific Maple Syrup Market by Source
Chapter 8. Company Profiles
8.1 B&G Foods, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 SWOT Analysis
8.2 Vermont Pleasant Valley Maples.
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Ferguson Farm Vermont Maple Syrup
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Butternut Mountain Farm
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Coombs Family Farms.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Maple Joe (Famille Michaud Apiculteurs)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Golden Dog Farm LLC.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Judd’s Wayeeses Farms.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Anderson’s Maple Syrup, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis

Companies Mentioned

  • B&G Foods, Inc.
  • Vermont Pleasant Valley Maples
  • Ferguson Farm Vermont Maple Syrup
  • Butternut Mountain Farm
  • Coombs Family Farms
  • Maple Joe (Famille Michaud Apiculteurs)
  • Golden Dog Farm LLC
  • Judd’s Wayeeses Farms
  • Anderson’s Maple Syrup, Inc.

Methodology

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