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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Health Concerns Regarding High Fructose Levels in Agave Syrup May Hinder Market Growth
While organic agave syrup is believed to offer several benefits, there have been concerns with respect to processed agave syrups and the quantities in which these should be consumed. Questions have also been raised on the perceived health benefits offered by agave. The high fructose content in agave syrup may cause serious health issues in the long run. These factors may restrict market growth.
Agave Syrup Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global agave syrup market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The major drivers of the market include the growing health concerns among consumers, shift in customer preference for a natural and healthier product, increasing demand for natural sweeteners, and increasing consumer awareness about the health benefits of product.
The rising demand in the food and beverage and cosmetics sector and increasing health issues related to poor dietary choices are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of agave syrup in the market are light agave syrup and dark agave syrup.
By nature, the market is classified into organic and conventional.
The several distribution channels are hypermarkets and supermarkets, convenience stores, and online channels, among others.
The major applications of the market are bakery, beverages, and confectionery, among others.
The various functions include emulsifiers, sweeteners, and flavour enhancers.
The major players in the industry are The IIDEA Company, The Agave Sweetener Company, Best Ground International, Noushig, Inc. (Amoretti), Malt Products Corporation, NBF Distribution Inc., and Sisana Sweeteners, among others.
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