The maple water market is likely to witness significant growth, with demand likely to surpass 16 million liters in 2018, according to a latest report by Fact.MR. The substantial growth in the maple water market is influenced by rise in the health-conscious population and growing demand for organic and natural food products.
The increasing demand for sugar alternatives and convenience food products in North America is leading to the rise in production and consumption of maple water. Increase in growth and plantation of sugar maple tree across eastern Canada and the northeastern US is also driving maple water consumption in the region.
Climate Change Threatens Maple Tree Impacting Maple Water Production
In recent years, maple water has gained much attention as the potential candidate and alternative to coconut and other plant-based water sources. However, maple water which solely depends on maple tree is being impacted by climate change. Studies have shown that rising temperatures and dry climate are affecting the maple trees. The warm temperatures across various regions is also resulting in maple trees to bud, diminishing the sap quality.
Limited Scientific Research Restraining Maple Water Market Growth
Maple water market is still at a very nascent stage, maple water is a newcomer among well-established plant-based drink such as coconut water. Hence, very limited research has been done on the maple water and its benefits. Moreover, limited scientific research has been carried that compare its benefits and effects on health compared to other alternatives.
The report also offers details on the important segments in the maple water market. The maple water market is segmented on the basis of nature, packaging type, sales channel, and flavor type. All the key segments in the maple water market are further divided into sub-segment
Diverse Uses of Maple Water Accelerating its Growth Globally
Owing to its nutritional benefits and with its natural and organic tag, maple water is being used on a large scale in the food industry. Maple water is widely used at restaurants across Canada and the US as a flavoring agent in various food items. Maple water is also replacing water, certain juices, and liquids in various food products such as flavored water, sports drinks, and functional beverages.
The report on the maple water market offers detailed profiles of all the major companies in the market along with the data and insights on their market share. The report also provides SWOT analysis of the maple water market along with the dashboard view of the leading players the market. Key developments, latest trends, product portfolio, and key strategies of the leading players are also included in the report on the maple water market.