Agave Syrup Market is forecasted at US$141.936 million by 2030 at a 3.50% CAGR

The global agave syrup market is evaluated at US$119.494 million for 2025, growing at a CAGR of 3.50%, reaching the market size of US$141.936 million by 2030.

NEW YORK, NY, UNITED STATES, January 28, 2025 /EINPresswire.com/ -- As per a new study published by Knowledge Sourcing Intelligence, the global agave syrup market is projected to grow at a CAGR of 3.50% between 2025 and 2030 to reach an amount of US$141.936 million by 2030.

Agave syrup is a sweetener that is naturally extracted from different species of the agave plant, commonly called agave nectar. It is a great addition to a vegan kitchen for making most baked desserts and candies that would otherwise require honey. This syrup is taken or refined as juice from the prickly leaves of the agave plant and processed into fructose from the starchy insulin in such juice. Additionally, it is mildly sweeter than some sugar and it likewise serves as a core replacement in candy recipes. Consumers are utilizing it as an alternative in candy recipes, and use it equally inside beverages like tea or coffee as a liquid sweetener. They are also used in cocktails, and can also made into syrup all by itself and poured over breakfast foods like oatmeal, pancakes, or waffles.

The demand for natural sweeteners is leading to the growth of the agave syrup market, especially among consumers who are conscious about health. They are also witnessing growth due to lower glycemic levels in the syrup. Moreover, the increase in diabetes and obesity people has thus been built to further support the demand for low-glycemic sweeteners like agave syrup. Also, the growing vegan and vegetarian demographics are boosting the demand for agave syrup as they also provide the health benefits of minerals and vitamins. In addition, agave syrup is used in many food and beverage applications including bakery products, beverages, and condiments.

With the emergence of the global agave syrup market, many market players are launching products and technologies to attract customers. For instance, in October 2024, Seedlip, the leading non-alcoholic spirit brand, introduced its latest flavor product in Canada called Notas de Agave. A subsidiary produced this agave spirit with a refreshing mix of fragrant pears and delicious lime and agave sugars in the form of syrup.

Access sample report or view details: https://www.knowledge-sourcing.com/report/global-agave-syrup-market

By type, the global agave syrup market can be classified into organic and non-organic. There is expected upward demand for organic products given health and environmental concerns. This factor is predicted to strengthen the organic agave syrup segment, leading to boosting the market during the projected period. Major contributors to the growth of the segment include the rise in health and wellness trends, along with veganism and vegetarianism, which imply a more extensive preference for natural and organic additives.

The global agave syrup market is segmented by industry into food, beverages, and others. The food industry will continue to be popular due to its growing use as a sweetener in various food products. Growth factors will be associated with health and wellness attributes, the increasing need for natural sweeteners, and the increase in processed food intake globally. Agave syrup is a healthier alternative to refined sugar, which has seen a growing increase in organic ingredient-fueled food preferences.

The global agave syrup market is segmented by distribution channel into offline and online. The offline segment consists of hypermarkets and others. There is a higher share in the offline agave syrup segment, characterized by its well-entrenched presence, ease in physical accessibility, and consumer desire for physical inspection of the product. However, the online segment is growing fast due to the rapid rise of e-commerce platforms, convenient means, and the increased reach of retailers.

Based on geography, the Asia Pacific region of the global agave syrup market is growing significantly due to growing requirements in the flavoring potential, along with lower glycemic values of sweeteners. The region's increased disposable income levels and the health-conscious inclination of consumers are also leading to a rise in the market. Agave syrup is further used significantly in baked goods, confectioneries, dairy products, and beverages, with increasing popularity due to its health advantages from the attribute of low blood sugar levels and its potential in broad industrial uses.

As a part of the report, the major players operating in the global agave syrup market have been covered as Dandy Lions Limited, Malt Products Corporation, IMAGS Organics, Pura Foods Ltd, Nekutli Agave Nectar, Wholesome Sweeteners, The Groovy Food Company, among others.

The market analytics report segments the global agave syrup market as follows:

• By Type

o Organic
o Non-Organic

• By Industry

o Food
o Beverage
o Others

• By Distribution Channel

o Offline

 Hypermarkets
 Others

o Online

• By Geography
o Americas
o Europe, the Middle East, and Africa
o Asia Pacific

Companies Profiled:

• Dandy Lions Limited
• Maretai Organics
• Malt Products Corporation
• Nekutli Agave Nectar
• Pura Foods Ltd
• The Groovy Food Company
• Wholesome Sweeteners
• IMAGS Organics

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Knowledge Sourcing Intelligence (KSI) is a market research and intelligence provider that uses a combination of quantitative and qualitative research techniques to deliver comprehensive, in-depth insights to clients. Our approach to market research is centered around the concept of 'Knowledge Sourcing' - the process of gathering data and insights from multiple sources to create a comprehensive and well-rounded picture of the market. KSI's core services include market intelligence, competitive intelligence, customer intelligence, and product intelligence. KSI's approach to market research is designed to help clients make informed decisions, identify opportunities, and gain a better understanding of their target markets. By using a combination of primary and secondary research techniques, we provide clients with detailed insights into current market trends, customer profiles, competitor analysis, and product performance. KSI's market research and intelligence services enable clients to make informed decisions, develop strategic plans, and identify areas of opportunity.

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