Overall, Bruce says he is positive and optimistic about both production and demand, estimating that both could double in the U.S. in the next decade or so. “Some people think it’s a bubble,” he says, “but I think the market is still very strong.”
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There is ample room to grow the maple market in Ontario. OMSPA commissioned this report and the accompanying budgeting tool to assist maple entrepreneurs in building a solid BUSINESS PLAN to tap into this incredible business opportunity. The accompanying Excel budgeting tool facilitates the exploration of various scenarios of yield, scale, and capital investment to measure the impact on the bottom line profitability.