Global Maple Water Market Overview
Global
Maple Water Market size is estimated at $320 million in 2020, and is expected to grow at a
CAGR of 26.5% during the forecast period 2021-2026. Maple water is also known
as sap which is clear liquid a plant-based water, that flows from maple trees for
a short time in early spring. Maple sap contains 95% to 97.5% water. Maple
water goes through a natural process that infuses it with nutrients. Maple
water contains 46 unique bio-active compounds, some of which have antioxidant
properties also minerals like potassium and zinc as well as calcium and
manganese. It also contains malic acid and phenolic compounds. A mature
maple tree can produce about 200 gallons of maple water per season. It is low
in sugar and contains high amounts of electrolytes and antioxidants that helps
in boosting immunity preventing degenerative diseases and improving digestion. Increasing
preference for organic and plant-based beverages instead of carbonated drinks
in worldwide coupled with rising health consciousness among the people are the
major factors driving the growth of the market. Moreover, growing demand for low-calorie
beverages further enhance the overall market demand for Global Maple
Water during the aforesaid period.
Global Maple Water Market Report Coverage
The
report: “Global Maple Water Market –
Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the
following segments of the Global
Maple Water Market:
By Type: Flavored, Unflavored
By Packaging: Bottles, Cans, Tetra-Pack, others
By Distribution Channel: Hypermarket/Supermarket, Convenience Store, Online retail Store, others.
By Geography: North America (U.S., Canada,
Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia and Others), Asia
Pacific (China, Japan, India, South Korea, Australia & New Zealand and
Others), South America(Brazil, Argentina and others), and Rest of the World
(Middle East and Africa)
Key Takeaways
- In 2020, North America dominates the Global Maple Water Market owing to rising health consciousness among the people in this region.
- Increasing adoption of nutrition-rich beverages also plant-based water across the globe is driving the market growth of Global Maple Water.
- Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Global Maple Water Market report.
- Limited scientific research on maple water and constantly changing weather conditions cause adverse effects on maple trees. This along with lack of awareness in developing countries is challenging the growth of the market.
Global Maple Water Market Segment Analysis- By Type
Based on
the type, Global Maple Water Market is segmented into Flavored, Unflavored. The flavored segment is estimated to dominate
the market during the period 2021-2026. This is attributed to increasing demand
for flavored beverages, drinks that helps to refresh across the world. As
flavored beverages support the consumers in resonating with tastes that are
authentic and familiar to consumers, thereby influencing their purchase
decisions. The unflavored, segment is forecast to be the fastest-growing
segment and is projected to grow at a CAGR of 16.8% during the period
2021-2026. This is mainly owing to rising consumer preference towards natural
flavor owing to health benefits.
Global Maple Water Market Segment Analysis- By Packaging
Based on
the packaging, Global Maple Water Market is segmented into Bottles, Cans,
Tetra-Pack, others. In 2020, Bottles is estimated to hold a major share in the
market. The demand for bottles is higher owing to their ease of handling. Moreover,
it is safe to store beverages in them and also are reusable and refillable further
contributing to the dominance of this segment. Also, Tetra-Pack is projected to
grow with a CAGR of 15.9% over the period 2021-2026. This is owing to rising
adoption of eco-friendly and lightweight packaging in the beverage industry.
Global Maple Water Market Segment Analysis- By Geography
In
2020, North America dominated the Global Maple Water market share accounting for 43% of the market. According
to, the National Agricultural Statistics Service (NASS), Quebec region of
Canada is the largest producer of maple water in worldwide. It is majorly
consumed in Canada and U.S. The high consumption
of maple water and plant based water owing to its nutritional values; as well
as, rise in plantation of maple trees in this region are contributing to the
dominance of this region.
However,
the Asia-Pacific region is projected to be the fastest-growing over the period
2021-2026. This is owing to increasing consumer demand for natural beverage products.
Global Maple Water Market Drivers
Increasing Demand Of Low-Calorie Beverages
Increasing demand of low-calorie beverages owing to rise in prevalence of obesity across the globe is driving the growth of Global Maple Water market. According to, World Health Organization (WHO), in 2016, globally around 2 billion adults are overweight and of those 650 million are considered to be affected by obesity also in 2017, about 4 million people died each year owing to being overweight or obesed. Moreover, rising health consciousness among the people is also set to increase the market growth.
Growing Preference Towards Nutritional Rich Beverages
Growing
preference of consumers towards nutritional rich beverages such as flavored,
fortified, or sparkling maple water is also driving the market. Increasing
awareness of nutritional value of maple water among the people as it is rich in
nutrition such as protein, amino acids, vitamins, and minerals as well as malic
acid and phenolic compounds. According to, the International Food Information
Council Foundation on Food and Health, around 47% of the total consumers
prefered food and beverages with additional nutrients. Also, the consumers
are shifting towards bottled water from carbonated soft drinks is also set to
the growth of Global Maple Water Market.
Global Maple Water Market Challenges
Constantly changing weather conditions
have adverse effects on maple trees as dry climate and rise in temperature
negatively impact maple trees, thus challenging the market. Along with this lack
of awareness about maple water in developing countries are also
further challenging the growth of the market.
Covid-19 Impact
Moreover, the
outbreak of COVID-19 around the world has impacted all industries including food
& beverage industry. The supply chain has been largely impacted by the
COVID-19 pandemic. Also owing to spread of coronavirus the production of maple
water has been affected owing to shortage in raw material supply. This has also
impacted the Global Maple Water market distribution channel.
Global Maple Water Market Landscape
Product launches,
Merger & Acquisitions, Joint Ventures and R&D activities are key
strategies adopted by players in the Global Maple Water Market. Global Maple
Water top 10 companies are Drink HappyTree, My Maple Water, MapleMama
Beverages, LLC., Kiki Maple Water, PURE MAPLE WATER COMPANY LTD., Drink Simple,
Maple 3, Smith & Salmon Inc., Feronia Forests, LLC., and SEVA Maple Water.
Acquisitions/Product Launches:
In July 2019, King’s Row Coffee collaborated with Drink Simple to launch a maple water nitro cold brew into North Atlantic Whole Foods Market stores.
Relevant Reports:
Fruit Water Market - Forecast(2021 - 2026)
Report Code: FBR 0139
Packaged Water Treatment System Market - Forecast(2021 - 2026)
Report Code: CMR 0695
For more Food and Beverage Market reports, please click here
LIST OF TABLES
1.Global Key Manufacturers Market 2023-2030 ($M)1.1 Seva Market 2023-2030 ($M) - Global Industry Research
1.2 Oviva Market 2023-2030 ($M) - Global Industry Research
1.3 Maple3 Market 2023-2030 ($M) - Global Industry Research
1.4 DRINKmaple Market 2023-2030 ($M) - Global Industry Research
1.5 Happy Tree Market 2023-2030 ($M) - Global Industry Research
1.6 Vertical Water Market 2023-2030 ($M) - Global Industry Research
2.Global By Carton Packs Market 2023-2030 ($M)
3.Global Market by Type Market 2023-2030 ($M)
3.1 Carton Packs Market 2023-2030 ($M) - Global Industry Research
3.2 PET Bottle Market 2023-2030 ($M) - Global Industry Research
4.Global Key Manufacturers Market 2023-2030 (Volume/Units)
4.1 Seva Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Oviva Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Maple3 Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 DRINKmaple Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Happy Tree Market 2023-2030 (Volume/Units) - Global Industry Research
4.6 Vertical Water Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global By Carton Packs Market 2023-2030 (Volume/Units)
6.Global Market by Type Market 2023-2030 (Volume/Units)
6.1 Carton Packs Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 PET Bottle Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Key Manufacturers Market 2023-2030 ($M)
7.1 Seva Market 2023-2030 ($M) - Regional Industry Research
7.2 Oviva Market 2023-2030 ($M) - Regional Industry Research
7.3 Maple3 Market 2023-2030 ($M) - Regional Industry Research
7.4 DRINKmaple Market 2023-2030 ($M) - Regional Industry Research
7.5 Happy Tree Market 2023-2030 ($M) - Regional Industry Research
7.6 Vertical Water Market 2023-2030 ($M) - Regional Industry Research
8.North America By Carton Packs Market 2023-2030 ($M)
9.North America Market by Type Market 2023-2030 ($M)
9.1 Carton Packs Market 2023-2030 ($M) - Regional Industry Research
9.2 PET Bottle Market 2023-2030 ($M) - Regional Industry Research
10.South America Key Manufacturers Market 2023-2030 ($M)
10.1 Seva Market 2023-2030 ($M) - Regional Industry Research
10.2 Oviva Market 2023-2030 ($M) - Regional Industry Research
10.3 Maple3 Market 2023-2030 ($M) - Regional Industry Research
10.4 DRINKmaple Market 2023-2030 ($M) - Regional Industry Research
10.5 Happy Tree Market 2023-2030 ($M) - Regional Industry Research
10.6 Vertical Water Market 2023-2030 ($M) - Regional Industry Research
11.South America By Carton Packs Market 2023-2030 ($M)
12.South America Market by Type Market 2023-2030 ($M)
12.1 Carton Packs Market 2023-2030 ($M) - Regional Industry Research
12.2 PET Bottle Market 2023-2030 ($M) - Regional Industry Research
13.Europe Key Manufacturers Market 2023-2030 ($M)
13.1 Seva Market 2023-2030 ($M) - Regional Industry Research
13.2 Oviva Market 2023-2030 ($M) - Regional Industry Research
13.3 Maple3 Market 2023-2030 ($M) - Regional Industry Research
13.4 DRINKmaple Market 2023-2030 ($M) - Regional Industry Research
13.5 Happy Tree Market 2023-2030 ($M) - Regional Industry Research
13.6 Vertical Water Market 2023-2030 ($M) - Regional Industry Research
14.Europe By Carton Packs Market 2023-2030 ($M)
15.Europe Market by Type Market 2023-2030 ($M)
15.1 Carton Packs Market 2023-2030 ($M) - Regional Industry Research
15.2 PET Bottle Market 2023-2030 ($M) - Regional Industry Research
16.APAC Key Manufacturers Market 2023-2030 ($M)
16.1 Seva Market 2023-2030 ($M) - Regional Industry Research
16.2 Oviva Market 2023-2030 ($M) - Regional Industry Research
16.3 Maple3 Market 2023-2030 ($M) - Regional Industry Research
16.4 DRINKmaple Market 2023-2030 ($M) - Regional Industry Research
16.5 Happy Tree Market 2023-2030 ($M) - Regional Industry Research
16.6 Vertical Water Market 2023-2030 ($M) - Regional Industry Research
17.APAC By Carton Packs Market 2023-2030 ($M)
18.APAC Market by Type Market 2023-2030 ($M)
18.1 Carton Packs Market 2023-2030 ($M) - Regional Industry Research
18.2 PET Bottle Market 2023-2030 ($M) - Regional Industry Research
19.MENA Key Manufacturers Market 2023-2030 ($M)
19.1 Seva Market 2023-2030 ($M) - Regional Industry Research
19.2 Oviva Market 2023-2030 ($M) - Regional Industry Research
19.3 Maple3 Market 2023-2030 ($M) - Regional Industry Research
19.4 DRINKmaple Market 2023-2030 ($M) - Regional Industry Research
19.5 Happy Tree Market 2023-2030 ($M) - Regional Industry Research
19.6 Vertical Water Market 2023-2030 ($M) - Regional Industry Research
20.MENA By Carton Packs Market 2023-2030 ($M)
21.MENA Market by Type Market 2023-2030 ($M)
21.1 Carton Packs Market 2023-2030 ($M) - Regional Industry Research
21.2 PET Bottle Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Global Maple Water Market Revenue, 2023-2030 ($M)2.Canada Global Maple Water Market Revenue, 2023-2030 ($M)
3.Mexico Global Maple Water Market Revenue, 2023-2030 ($M)
4.Brazil Global Maple Water Market Revenue, 2023-2030 ($M)
5.Argentina Global Maple Water Market Revenue, 2023-2030 ($M)
6.Peru Global Maple Water Market Revenue, 2023-2030 ($M)
7.Colombia Global Maple Water Market Revenue, 2023-2030 ($M)
8.Chile Global Maple Water Market Revenue, 2023-2030 ($M)
9.Rest of South America Global Maple Water Market Revenue, 2023-2030 ($M)
10.UK Global Maple Water Market Revenue, 2023-2030 ($M)
11.Germany Global Maple Water Market Revenue, 2023-2030 ($M)
12.France Global Maple Water Market Revenue, 2023-2030 ($M)
13.Italy Global Maple Water Market Revenue, 2023-2030 ($M)
14.Spain Global Maple Water Market Revenue, 2023-2030 ($M)
15.Rest of Europe Global Maple Water Market Revenue, 2023-2030 ($M)
16.China Global Maple Water Market Revenue, 2023-2030 ($M)
17.India Global Maple Water Market Revenue, 2023-2030 ($M)
18.Japan Global Maple Water Market Revenue, 2023-2030 ($M)
19.South Korea Global Maple Water Market Revenue, 2023-2030 ($M)
20.South Africa Global Maple Water Market Revenue, 2023-2030 ($M)
21.North America Global Maple Water By Application
22.South America Global Maple Water By Application
23.Europe Global Maple Water By Application
24.APAC Global Maple Water By Application
25.MENA Global Maple Water By Application