- Press Release -

Recently published intelligence by Fact.MR expects the global maple water market to experience an impressive growth at a CAGR of 10%, anticipated to reach US$ 570.62 Mn by the end of the 2021-2031 forecast period. Demand is spiking on the back of heightening consciousness about the benefits of consuming low-calorie beverages.

From 2016 to 2020, demand surged at a CAGR of around 8%, being valued at US$ 200 Mn by the end of the historical period. As the COVID-19 pandemic unfurled, sales contracted temporarily, particularly in Q1 2020, as constraints on production and logistical capacities due to lockdowns were experienced. Eventually, demand prospects were restored, as consumers began transitioning towards healthy beverage consumption to build immunity against the infection.

Owing to augmenting health awareness and upward trend of organic products have boosted the sales of maple products globally. North America is expected to maintain its dominance in the market with the significant share of more than 55% in 2020.

Key Takeaways from the Market Study

• Global maple water market to be valued at US$ 220 Mn by 2021-end
• 55% of global maple water revenue to be generated by the North American market
• Unflavoured maple water to experience maximum sales, valued at 13 million litres
• By distribution channel, modern trade to facilitate over 7 million litres of maple water sales
• Asia to emerge as an opportunistic market for maple water, capturing 45% revenue

“Soaring health awareness and upward trend of low-calorie based drinks will upsurge the Maple Water demand globally throughout the forecast period,” comments a Fact.MR analyst.

Competitive Landscape

Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.

• In July 2021, MapleMama is changing its brand name to Samara while cutting the sugar content in half across its popular line of organic sparkling fruit drinks to address contemporary consumer preferences.
• In March 2021, ARTHUR – Troll Bridge Creek Inc., makers of KiKi Maple Water, announced an expansion into Loblaw’s Brand locations including Your Independent grocers, Valu-Mart and City Mart.

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the Maple Water market, presenting historical demand data (2016-2020) and forecast statistics from 2021 to 2031.

The study divulges essential insights on the market based on nature (conventional and organic), packaging type (bottles, cans, tetra packs and pouch/flexi bottle), sales channel (HoReCa, modern trade, departmental stores, convenience stores, drugs stores, online retailers and other retailers) and flavor type (flavoured and unflavoured) across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA).

About the Food & Beverage market at Fact. MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemical & material team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analyzed food & beverage industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

For more information, refer to our market research report or contact the PR author.

Nandini Roy Choudhury

Fact.MR

Sr. Consultant – Food and Beverages

E-mail: nandini@factmr.com