Maple Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Maple Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview 2023-2028:

The global maple water market size reached US$ 343 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,182 Million by 2028, exhibiting a growth rate (CAGR) of 22.5% during 2023-2028.

Maple water refers to a clear liquid, or sap, extracted and collected from maple trees. It is a rich source of phytochemicals and other essential nutrients, such as calcium, manganese, potassium, magnesium, iron, thiamin, riboflavin and phosphorus. It is also low in sugar and contains high amounts of electrolytes and antioxidants that aid in providing additional hydration, boosting immunity, preventing degenerative diseases and improving digestion. Maple water is usually available in packaged bottles and is offered in flavored and unflavored variants that can be used in alcoholic and non-alcoholic beverages, soups, sorbets, ice creams and marinades.

Global Maple Water Market Trends and Drivers:

Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. Furthermore, the rising health consciousness among the masses is providing a thrust to the maple water market growth. With changing lifestyles and dietary habits, there is an increasing preference for organic and plant-based beverages instead of carbonated drinks, juices and sparkling drinks. In line with this, maple water is also gaining traction as a weight management and sports recovery drink, due to its low-calorie and high electrolyte content. Additionally, advancements in manufacturing technologies have enabled vendors to improve product quality and packaging designs to cater to a wide consumer base with diversified requirements. Other factors, including increasing product demand for the manufacturing of natural sweeteners, maple syrup, butter, liqueur and baked desserts, along with the aggressive promotional activities by manufacturers and easy product availability through proliferating online retail channels, are expected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global maple water market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, packaging type and sales channel.

Breakup by Product:

Flavored
Unflavored


Breakup by Packaging Type:

Tetra-Packs
Bottles
Pouches
Cans


Breakup by Sales Channel:

Direct Sales
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others


Breakup by Region:

North America

United States
Canada


Asia Pacific
Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others


Latin America
Middle East and Africa


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Drink Maple Inc., Feronia Forests LLC, Happytree Maple Water, Lower Valley Beverage Company, Maple 3, Oviva Eau D’Erable Pure, Sibberi and Smith & Salmon Inc.

Key Questions Answered in This Report:

What was the size of the global maple water market in 2022?
What is the expected growth rate of the global maple water market during 2023-2028?
What has been the impact of COVID-19 on the global maple water market?
What are the key factors driving the global maple water market?
What is the breakup of the global maple water market based on the product?
What is the breakup of the global maple water market based on the packaging type?
What is the breakup of the global maple water market based on sales channel?
What are the key regions in the global maple water market?
Who are the key players/companies in the global maple water market?