Site icon Fact.MR Blog

Sales Of Maple Water Are Anticipated To Witness Significant Expansion, Registering A CAGR Of 10% By 2031


Recently published intelligence by Fact.MR expects the global maple water market to experience an impressive growth at a CAGR of 10%, anticipated to reach US$ 570.62 Mn by the end of the 2021-2031 forecast period. Demand is spiking on the back of heightening consciousness about the benefits of consuming low-calorie beverages.

From 2016 to 2020, demand surged at a CAGR of around 8%, being valued at US$ 200 Mn by the end of the historical period. As the COVID-19 pandemic unfurled, sales contracted temporarily, particularly in Q1 2020, as constraints on production and logistical capacities due to lockdowns were experienced. Eventually, demand prospects were restored, as consumers began transitioning towards healthy beverage consumption to build immunity against the infection.

Click Here To get a Sample Report (Including Full TOC, Table & Figures)-

Key Takeaways from the Market Study

“Soaring health awareness and upward trend of low-calorie based drinks will upsurge the Maple Water demand globally throughout the forecast period,” comments a Fact.MR analyst.

Key Segments Covered

Competitive Landscape

Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.

Exit mobile version