Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Agave Syrup Market to Grow at a CAGR of 5.4% During the Period 2022-2027, Driven by Consumer Demand for Healthy Sugar Substitutes

According to a new report by EMR titled, ‘Global Agave Syrup Market Report and Forecast 2022-2027’, the global agave syrup market is expected to grow at a CAGR of 5.4% during the period 2022-2027, driven by applications in food & beverage and cosmetics.

As more individuals seek healthy alternatives to refined sugar, the global market for agave syrup is likely to rise. Product developers are incorporating different types of fruit-based syrups, including agave, into their product offerings. Organic agave syrup has a low glycemic index and is reported to provide additional health benefits such as prebiotic fibers, improved intestinal transit, lower cholesterol, and no gluten. Agave syrup demand is predicted to rise as a result of these perceived advantages. Confectionery, jams, drinks, bakery, cereals and granolas, dairy, condiments and spices, and cosmetics are some of the other applications for agave syrup. North America, Latin America, Europe, and Asia are likely to be primary markets.

Agave grows in warm and dry regions, and is indigenous to the Southern United States and Latin America. Agave is used to produce Tequila. Agave nectar has been used in Mexico for several years, where it was believed to have medicinal properties and offer health benefits.

Natural sweeteners such as organic agave syrup are perceived to be healthy alternatives to refined sugar used in sweet bakery products. Also, while intense or non-caloric sweeteners (sucralose, saccharin, cyclamate, stevia, etc.) offer significant sweetening, these substances do not help in the formation of the body of the product being baked; energy sweeteners (monosaccharides, disaccharides, polyalcohols, etc.) might give bakery products a stable structure and expansion, but offer less flavour. Agave syrup offers bakery products both, significant sweetening as well as a stable structure. Applications of agave syrup include the following:

Confectionery - Candies, popsicles, marshmallows, gummies, chewing gum and chocolates.
Beverages - Coffee, juices, soft drinks, teas, smoothies and energy drinks.
Baking - Cookies, cakes, bread, gelatin and desserts.
Cereals and granolas - Cereals with fruit and granola, snack and energy bars.
Dairy industry - Cow’s milk, almond milk, coconut milk, rice milk, yogurt, shakes, smoothies and ice cream.
Dietary supplements - Digestive health supplements, capsules, tablets and powder supplements.
Animal Food - Foods for animals and pets

Agave is also used in cosmetics such as creams, masks, oils, etc. It is said to have properties that strengthen and nourish hair, and reduce wrinkles on the skin. Thus, application across sectors is expected to boost the global agave syrup market. However, concerns regarding the commercial production of agave nectar may hinder market growth; as agave sugars are treated with enzymes and significant levels of heat during production, the healthy properties are destroyed.

Further, agave nectar, while possessing a low glycemic index (GI), is high in fructose, which may negatively affect sugar levels in the body, and cause insulin resistance, metabolic syndrome, heart disease, and type 2 diabetes in the long-term. These concerns may restrict market growth.

Market Analysis by Type, Nature, Distribution Channel, Application, Function, and Region

  • By type, the market is segmented into Light Agave Syrup and Dark Agave Syrup.
  • By nature, the market is classified into Organic and Conventional.
  • By distribution channel, the market is divided into Hypermarkets and Supermarkets, Convenience Stores, Online Channels, and Others.
  • By application, the market is segmented into Bakery, Beverages, Confectionery, and Others.
  • By function, the market is classified into Emulsifiers, Sweeteners, and Flavour Enhancers.
  • By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Carotenoids Market Report and Forecast 2022-2027




Global Xanthan Gum Market Report and Forecast 2022-2027



NEWSLETTER