U.S. Maple Syrup Market Size & Outlook, 2021-2028
U.S. maple syrup market, 2017-2028 (US$M)
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U.S. maple syrup market highlights
- The U.S. maple syrup market generated a revenue of USD 525.1 million in 2021 and is expected to reach USD 781.1 million by 2028.
- The U.S. market is expected to grow at a CAGR of 5.8% from 2022 to 2028.
- In terms of segment, sugar maple was the largest revenue generating source in 2021.
- Black Maple is the most lucrative source segment registering the fastest growth during the forecast period.
Maple syrup market data book summary
| Market revenue in 2021 | USD 525.1 million |
| Market revenue in 2028 | USD 781.1 million |
| Growth rate | 5.8% (CAGR from 2021 to 2028) |
| Largest segment | Sugar maple |
| Fastest growing segment | Black Maple |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Red Maple, Black Maple, Sugar Maple |
| Key market players worldwide | JM Smucker Co, Lake Champlain Chocolates, Conagra Brands Inc, B&G Foods, Bascom Maple Farms, Butternut Mountain Farm, Coombs Family Farms |
Other key industry trends
- In terms of revenue, U.S. accounted for 35.1% of the global maple syrup market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. maple syrup market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 781.1 million by 2028.
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Maple Syrup Market Scope
Maple Syrup Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. maple syrup market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to maple syrup market will help companies and investors design strategic landscapes.
Sugar maple was the largest segment with a revenue share of 67.42% in 2021. Horizon Databook has segmented the U.S. maple syrup market based on red maple, black maple, sugar maple covering the revenue growth of each sub-segment from 2017 to 2028.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. maple syrup market databook
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Our clientele includes a mix of maple syrup market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. maple syrup market , including forecasts for subscribers. This country databook contains high-level insights into U.S. maple syrup market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. maple syrup market size, by source, 2017-2028 (US$M)
U.S. Maple Syrup Market Outlook Share, 2021 & 2028 (US$M)
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