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Agave is an organic sweetener which is being used for several years as a sugar substitute. 100 grams of agave can produce 20 times more sweetness when compared to sugar and honey. Agave syrup consists of two sources of vitamins, such as vitamin C and vitamin B, which lacks sugar content. Due to the sweetening and flavoring properties of agave syrup, it is being widely used in the production of tequila.
Due to the COVID-19 pandemic, the global Agave Syrup market size is estimated to be worth US$ 111.8 million in 2021 and is forecast to a readjusted size of US$ 142.4 million by 2028 with a CAGR of 3.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Agave Syrup market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Agave Syrup landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Increasing health problems are linked to poor dietary choices. Rising health problems among children and adults have shifted the preference of consumers to pay more attention towards food products/issues such as sugar and calories. Owing to the change in consumer preference seeking healthier and natural products, the demand for products such as organic or natural, and clean label products is increasing at a rapid pace in markets in the U.S. and Western Europe, which can be a key factor driving the usage of agave syrup.
This report focuses on Agave Syrup volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Agave Syrup market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Agave Syrup Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Light
Dark
Segment by Application
Bakery
Beverages
Confectionery
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Sisana Sweeteners
Steviva Ingredients
The iidea Company
Nekutli Agave Nectar
Dandy Lions Limited
Maretai Organics
Wholesome Sweeteners
Madhava Sweeteners
Dipasa USA
Global Goods
Due to the COVID-19 pandemic, the global Agave Syrup market size is estimated to be worth US$ 111.8 million in 2021 and is forecast to a readjusted size of US$ 142.4 million by 2028 with a CAGR of 3.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Agave Syrup market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Agave Syrup landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Increasing health problems are linked to poor dietary choices. Rising health problems among children and adults have shifted the preference of consumers to pay more attention towards food products/issues such as sugar and calories. Owing to the change in consumer preference seeking healthier and natural products, the demand for products such as organic or natural, and clean label products is increasing at a rapid pace in markets in the U.S. and Western Europe, which can be a key factor driving the usage of agave syrup.
This report focuses on Agave Syrup volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Agave Syrup market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Agave Syrup Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Light
Dark
Segment by Application
Bakery
Beverages
Confectionery
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Sisana Sweeteners
Steviva Ingredients
The iidea Company
Nekutli Agave Nectar
Dandy Lions Limited
Maretai Organics
Wholesome Sweeteners
Madhava Sweeteners
Dipasa USA
Global Goods
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
