Maple Syrup Market Witness Substantial Growth in the Upcoming years
The global maple syrup market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the global maple syrup market followed by Europe. The U.S. accounts for a higher consumption of maple syrups in food and beverage products owing to added health aids associated with the consumption. Additionally, high demand of maple syrup as a flavoring agent in beverage industry is a key driving factor in this region. Also, amplified use of maple syrup in North American confectionary, bakery, cereal, and dairy industry is driving the market growth in this region. Additionally, approval for the use of maple syrups in food & beverage products from Canadian food inspection agency (CFIA) is adding fuel in the growth of maple syrups market. Market Segmentation Maple syrup market is segmented based on type, grade, application, distribution channel, and region. Competitive analysis The major players in mapl...