Global Agave Syrup Market Growth 2023-2029

Global Agave Syrup Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Agave Syrup Industry Forecast” looks at past sales and reviews total world Agave Syrup sales in 2022, providing a comprehensive analysis by region and market sector of projected Agave Syrup sales for 2023 through 2029. With Agave Syrup sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agave Syrup industry.

This Insight Report provides a comprehensive analysis of the global Agave Syrup landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agave Syrup portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agave Syrup market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agave Syrup and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agave Syrup.

The global Agave Syrup market size is projected to grow from US$ 109.3 million in 2022 to US$ 140 million in 2029; it is expected to grow at a CAGR of 140 from 2023 to 2029.

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 presents a comprehensive overview, market shares, and growth opportunities of Agave Syrup market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Light
Dark

Segmentation by application
Bakery
Beverages
Confectionery
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sisana Sweeteners
Steviva Ingredients
The iidea Company
Nekutli Agave Nectar
Dandy Lions Limited
Maretai Organics
Wholesome Sweeteners
Madhava Sweeteners
Dipasa USA
Global Goods

Key Questions Addressed in this Report

What is the 10-year outlook for the global Agave Syrup market?

What factors are driving Agave Syrup market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Agave Syrup market opportunities vary by end market size?

How does Agave Syrup break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.