According to the recently released report by Bekryl, ‘Global Maple Water Market’ is set to register 7.1% CAGR to create 1.9X higher revenue opportunity in 2028 than that in 2019. In last few years, consumers are inclining towards organic products which is registering double digit growth. Consumers are getting health conscious and believe in spending higher amount on food habits. The trend is visible throughout world. The same trend is noticed when it comes to maple water consumptions. Although maple water is relatively new to North America, it has been in use as medicinal beverage in Russia, China and Korea. Maple water is enriched with 46 different bioactive nutrients with lower sugar percent compared to coconut water. Its high health benefits has made it highly popular among consumers.
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Growing demand for maple water among consumers has led many startups to enter in the market. In last five years, hundreds of companies have emerged in the market offering maple water. Majority of them are regional based with few enhancing their capabilities intercontinental. As of 2019, the industry is highly consolidated. These companies are mainly focusing on go-to-market strategy in order to reach wide number of consumers. Promotional campaign is one such activity noticed in the maple water market.
Globally, North America dominated the sales of maple water in 2018. The region has well established distribution channels, large number of maple trees and consumers that are inclined towards organic product heavily. All these factors make North America one of the key region for industry players engaged in production and supply of maple water in the region.
Western Europe holds huge potential for industry players. However, the consumption of maple water is fairly low compared to North America. Product campaigning is required to aware consumers. UK dominated the sales in the Western Europe region.
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Some key Maple Water market players are:
- DRINKmaple
- Oviva Eau D’Erable Pure
- Vertical Water
- Citadelle
Research Scope:
By Product Type:
- Flavored
- Unflavored
By Distribution Network:
- Online Sales
- Hypermarket and Supermarket
- General Stores
- Convenience Stores
- Mass Merchandisers
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Beverage Processing Market, 2019-2028: https://bekryl.com/industry-trends/beverage-processing-equipment-market-size-analysis
Aquafeed Market, 2019-2028: https://bekryl.com/industry-trends/aquafeed-market-size-analysis
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Website: https://bekryl.com/industry-trends/maple-water-market-share-analysis