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The global maple water market was valued at US$ 272.9 Million in 2021.
We expect the global maple water market to exhibit a CAGR of 23.17% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of maple water.
The rising preference for organic and plant-based beverages, such as maple water, owing to its numerous benefits, such as providing additional hydration, boosting immunity, preventing degenerative diseases, etc., is primarily driving the global maple water market.
Based on the product, the global maple water market can be segmented into flavored and unflavored. Currently, flavored holds the majority of the total market share.
Based on the packaging type, the global maple water market has been divided into tetra-packs, bottles, pouches, and cans. Among these, bottles currently exhibit a clear dominance in the market.
Based on the sales channel, the global maple water market can be categorized into direct sales, supermarkets and hypermarkets, convenience stores, online stores, and others. Currently, supermarkets and hypermarkets account for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global maple water market include Drink Maple Inc., Feronia Forests LLC, Happytree Maple Water, Lower Valley Beverage Company, Maple 3, Oviva Eau D’Erable Pure, Sibberi, and Smith & Salmon Inc.
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