Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Agave Syrup Market by Type (Light, Dark), By Application (Bakery, Beverages, Confectionery, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Agave Syrup Market by Type (Light, Dark), By Application (Bakery, Beverages, Confectionery, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 136033 3300 Food & Beverages 377 242 Pages 4.7 (36)

Market Overview:

The global agave syrup market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for natural sweeteners across the globe. Additionally, rising awareness about the benefits of agave syrup is also propelling its demand in various applications such as bakery, beverages, confectionery and others. On the basis of type, light agave syrup is expected to witness higher growth as compared to dark agave syrup during the forecast period from 2018 to 2030. This can be attributed to its growing popularity among consumers owing to its low calorie content and high nutritional value. On the basis of application, bakery segment is anticipated hold a dominant position in terms of revenue contribution throughout the forecast period followed by beverages and confectionery segments respectively.

Global Agave Syrup Industry Outlook

Product Definition:

A sweetener made from the sap of the agave plant, used as an alternative to sugar or honey.


Light is a natural sweetener derived from sugar. It has zero calories and can be used in various food products to increase their sweetness. The major application of light is in agave syrup, which is widely consumed as a low-calorie sweetener across the globe.


Dark is a natural sweetener found in agave plants. It has zero calories and is used to produce low-calorie or sugar-free syrups. The syrup can be made from whole agave or processed in order to remove the dark color. It contains many minerals, vitamins, proteins & amino acids and helps regulate blood glucose levels as well as enhances digestion & absorption of nutrients into the body cells.

Application Insights:

Beverages emerged as the leading application segment and accounted for over 40% of the total agave syrup demand in 2017. The product is widely used in cocktails, mocktails, soft drinks and juices. Growing consumer preference for healthy lifestyle choices has driven them to include more juice or soda products in their diet which, in turn, will drive demand over the forecast period.

Agave nectar is also used as a key ingredient by several manufacturers of baked goods to enhance their product offerings. Over the past few years there has been an increase in bakery stores offering vegan options along with traditional meat-based products which have increased consumer awareness about health benefits associated with agave syrup such as lower sugar content and high fiber content making it a suitable substitute for honey among other sweeteners globally.

Regional Analysis:

North America dominated the global agave syrup market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. Rising demand for low-calorie natural sweeteners in the U.S., Mexico, and Canada on account of growing obesity problems is expected to be one of the major factors driving industry expansion over the forecast period.

Europe accounted for more than 25% share of total volume in 2017 owing to rising product consumption as an alternative sweetener in tea and coffee substitutes rather than sugar or honey, which has been witnessing declining demand since 2014 due to high levels of pesticides and chemicals present during its cultivation process (nectar). In addition, increasing awareness regarding health benefits associated with agave syrup such as lower calorie level compared with that provided by sugar will drive industry expansion over next eight years.

Growth Factors:

  • Increasing demand for natural sweeteners as an alternative to artificial sweeteners.
  • Rising awareness about the health benefits of agave syrup over other artificial sweeteners.
  • Growing popularity of agave syrup among health-conscious consumers due to its low glycemic index and high nutritional value.
  • Increasing use of agave syrup in food and beverage applications owing to its unique flavor profile and versatile properties.
  • Growing demand for organic products, which has led to the growth of the organic agave syrup market

Scope Of The Report

Report Attributes

Report Details

Report Title

Agave Syrup Market Research Report

By Type

Light, Dark

By Application

Bakery, Beverages, Confectionery, Others

By Companies

Sisana Sweeteners, Steviva Ingredients, The iidea Company, Nekutli Agave Nectar, Dandy Lions Limited, Maretai Organics, Wholesome Sweeteners, Madhava Sweeteners, Dipasa USA, Global Goods

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Agave Syrup Market Report Segments:

The global Agave Syrup market is segmented on the basis of:


Light, Dark

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Bakery, Beverages, Confectionery, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Sisana Sweeteners
  2. Steviva Ingredients
  3. The iidea Company
  4. Nekutli Agave Nectar
  5. Dandy Lions Limited
  6. Maretai Organics
  7. Wholesome Sweeteners
  8. Madhava Sweeteners
  9. Dipasa USA
  10. Global Goods

Global Agave Syrup Market Overview

Highlights of The Agave Syrup Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Light
    2. Dark
  1. By Application:

    1. Bakery
    2. Beverages
    3. Confectionery
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Agave Syrup Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
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  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
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Global Agave Syrup Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Agave syrup is a sweetener made from the sap of the agave plant. It can be used in place of sugar or other sweeteners in recipes.

Some of the key players operating in the agave syrup market are Sisana Sweeteners, Steviva Ingredients, The iidea Company, Nekutli Agave Nectar, Dandy Lions Limited, Maretai Organics, Wholesome Sweeteners, Madhava Sweeteners, Dipasa USA, Global Goods.

The agave syrup market is expected to register a CAGR of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Agave Syrup Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Agave Syrup Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Agave Syrup Market - Supply Chain
   4.5. Global Agave Syrup Market Forecast
      4.5.1. Agave Syrup Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Agave Syrup Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Agave Syrup Market Absolute $ Opportunity

5. Global Agave Syrup Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Agave Syrup Market Size and Volume Forecast by Type
      5.3.1. Light
      5.3.2. Dark
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Agave Syrup Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Agave Syrup Market Size and Volume Forecast by Application
      6.3.1. Bakery
      6.3.2. Beverages
      6.3.3. Confectionery
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Agave Syrup Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Agave Syrup Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Agave Syrup Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Agave Syrup Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Agave Syrup Demand Share Forecast, 2019-2029

9. North America Agave Syrup Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Agave Syrup Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Agave Syrup Market Size and Volume Forecast by Application
      9.4.1. Bakery
      9.4.2. Beverages
      9.4.3. Confectionery
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Agave Syrup Market Size and Volume Forecast by Type
      9.7.1. Light
      9.7.2. Dark
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Agave Syrup Demand Share Forecast, 2019-2029

10. Latin America Agave Syrup Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Agave Syrup Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Agave Syrup Market Size and Volume Forecast by Application
      10.4.1. Bakery
      10.4.2. Beverages
      10.4.3. Confectionery
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Agave Syrup Market Size and Volume Forecast by Type
      10.7.1. Light
      10.7.2. Dark
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Agave Syrup Demand Share Forecast, 2019-2029

11. Europe Agave Syrup Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Agave Syrup Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Agave Syrup Market Size and Volume Forecast by Application
      11.4.1. Bakery
      11.4.2. Beverages
      11.4.3. Confectionery
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Agave Syrup Market Size and Volume Forecast by Type
      11.7.1. Light
      11.7.2. Dark
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Agave Syrup Demand Share, 2019-2029

12. Asia Pacific Agave Syrup Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Agave Syrup Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Agave Syrup Market Size and Volume Forecast by Application
      12.4.1. Bakery
      12.4.2. Beverages
      12.4.3. Confectionery
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Agave Syrup Market Size and Volume Forecast by Type
      12.7.1. Light
      12.7.2. Dark
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Agave Syrup Demand Share, 2019-2029

13. Middle East & Africa Agave Syrup Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Agave Syrup Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Agave Syrup Market Size and Volume Forecast by Application
      13.4.1. Bakery
      13.4.2. Beverages
      13.4.3. Confectionery
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Agave Syrup Market Size and Volume Forecast by Type
      13.7.1. Light
      13.7.2. Dark
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Agave Syrup Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Agave Syrup Market: Market Share Analysis
   14.2. Agave Syrup Distributors and Customers
   14.3. Agave Syrup Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Sisana Sweeteners Overview Financials Developments Strategic Outlook
      14.4.2. Steviva Ingredients Overview Financials Developments Strategic Outlook
      14.4.3. The iidea Company Overview Financials Developments Strategic Outlook
      14.4.4. Nekutli Agave Nectar Overview Financials Developments Strategic Outlook
      14.4.5. Dandy Lions Limited Overview Financials Developments Strategic Outlook
      14.4.6. Maretai Organics Overview Financials Developments Strategic Outlook
      14.4.7. Wholesome Sweeteners Overview Financials Developments Strategic Outlook
      14.4.8. Madhava Sweeteners Overview Financials Developments Strategic Outlook
      14.4.9. Dipasa USA Overview Financials Developments Strategic Outlook
      14.4.10. Global Goods Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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