According to Fact.MR’s most recent analysis, the global maple water market was estimated at US$ 242.88 million in 2022, with global demand for maple water increasing at a CAGR of 7.9% from 2018 to 2022. The worldwide market is expected to grow at a 10.2% CAGR and be worth $706.95 million by the end of 2033.
With changing nutritional habits and lifestyles, there is a significant growth in demand for plant-based and organic beverages against fizzy drinks, effervescent drinks, and juices. Because of its low calorie content, maple water is gaining popular as a sports recovery and weight management drink. Product availability is made more convenient by the proliferation of online shopping platforms.
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Maple water, often known as sap, is a clear liquid water that flows quickly from maple trees during a brief period in early spring. Through a natural process, maple water is enriched with nutrients. It contains around 46 distinct bioactive compounds. Some of these compounds, such as zinc, chromium, limestone, and potassium, have mineral and antioxidant properties. People’s increased health concern is driving up purchases of maple water.
The growing trend of eating low-calorie beverages is driving the demand for maple water. Furthermore, the growing popularity of fortified, sparkling, or flavored maple is related to customers’ preference for value-added hydration. Several market participants profit from electrolyte-containing goods that are popular among athletes.
Key Players:
- Vertical Water
- Drink Simple
- Belorganic Naturprodukte
- Lower Valley Beverage Company Ltd.
- Maple 3
- Eau d’Erable Pure Oviva Inc.
- Happytree Maple Water
- WAHTA Maple Water
- SEVA Maple Water
- Sibberi Ltd.
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Regional Analysis:
Consumption of maple water in the United States is expected to grow at a CAGR of 10.7% to reach US$ 199.36 million by 2033.Because of the increased demand for maple products, maple water producers are focusing on boosting their production capacity via the use of efficient technology. With increased availability, the cost of maple water is expected to fall. Demand for maple water is also increasing in the baking and confectionery industries.
Growing demand for convenience foods and sugar substitutes is driving up production and use of maple water. Furthermore, usage of maple water is increasing due to the increased cultivation of numerous maple trees in the United States.
The South Korean market is expected to grow at a 7.8% CAGR and reach US$ 23.33 million by the end of 2033. Demand for maple water in Japan is expected to grow at a 5.7% CAGR and reach US$ 20.50 million by 2033.
To increase sales, maple water manufacturers enrich it with various minerals, vitamins, herbs, and amino acids. Because of its hepatoprotective and anti-inflammatory properties, maple tree components have been widely utilized in the traditional treatment of a variety of ailments. Furthermore, maple sap is traditionally used for bone strengthening.
Key Segments of Industry:
- By Nature :
- Conventional
- Organic
- By Packaging Type :
- Bottles
- Cans
- Tetra Packs
- Pouches/Flexes/Bottles
- By Sales Channel :
- HoReCa (Hotels, Restaurants, & Cafes)
- Modern Trade
- Departmental Stores
- Convenience Stores
- Online Retailers
- Drug Stores
- By Flavor :
- Unflavored
- Flavored
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