Global Agave Nectar Market estimated to grow at a CAGR of about 6%

1. Applications as sugar substitute benefits the Global Agave Nectar Market Market overview: The global Agave Nectar Market was assessed to be USD 156million in 2019, and it is estimated to reach a valuation of USD 272million by 2025 at a CAGR of 5.7% during the envisioned period. Agave nectar is a commercially produced sweetener from several species of agave such as agave tequilana (blue agave) and agave salmiana, while agave nectar is mainly produced from the blue agave found in southern Mexico. Agave nectar with a fine and light consistency is used as a dressing in foods such as fruit salads, pancakes and ice cream. Itis used as a sugar substitute for baked goods such as breads, rolls, buns, cakes, and cookies. Agave nectar is 1.4 to 1.6 times sweeter than sugar, so it requires less amount to prepare food and drinks. Agave nectar is healthier than refined sugar. Agave nectar is used throughout the world as a binder in breakfast cereals. Recent developments: •In 2019, DOMINO FOODS INC. joined the ArrowStream provider network to gain new business opportunities and sales reps. Market Drivers and Restrains: Growing supermarkets and retail stores are rapidly increasing demand for Agave nectar around the world. Several manufacturers of agave nectar focus on offering healthier products. The main driving force behind the growth of the agave nectar market is the increasing demand for bakery products such as coffee cakes, waffles, pancakes, and scones. Market opportunities increase as the bakery industry grows. Agave nectar is a rich source of many nutrients such as manganese, potassium, and calcium. Therefore, it is increasingly used in the food industry. The use of Agave nectar as a natural sweetener has increased demand and use. Additionally, the increasing demand for natural sweetener products in the food and beverage industry and the increased consumer preference for a variety of flavors are some of the factors which are expected to drive the growth of the market. Growing consumer awareness of the health benefits associated with natural products produced without the use of chemicals, additives and artificial ingredients is a key factor supposed to drive global market growth. Population growth, individual purchasing power, and

2. effective distribution channels are likely to boost global market growth over the forecast period. Agave nectar adds flavor to food, and granulated Agave nectar is widely used as a topping for oatmeal, coffee cakes, and crumb cakes. It is being developed by the makers of Agave Nectar to bring healthier options to consumers by offering a wide variety of products to increase the popularity of their products. Therefore, in the coming years, the Agave nectar market will experience strong growth. However, the lack of awareness of the benefits associated with consuming Agave nectar is a major factor hampering the growth of the worldwide market. To know more read: https://www.marketdataforecast.com/market-reports/agave-nectar-market Report is segmented as: The global Agave nectar market is segmented by form, type, distribution channel and application. Agave nectars are classified according by types as pumpkin, raw, light and dark agave nectar. Light agave nectar has a neutral taste and is mainly used in food products such as baked goods, desserts, etc. Amber agave nectar has a medium caramel flavor that is used to make sauces and salty foods. The global agave nectar market is segmented on the basis of forms as liquid and powder. Global Agave nectar business is classified according to distribution channels as online stores, supermarkets, and retail stores. The supermarket sector is growing significantly as consumers around the world increase their demand for agave honey. Global Agave nectar market is classified based on applications as baked goods that is subdivided into cakes, cakes, breads and more. Geographical Segmentation: Europe has become a dominant region in the world market for Agave nectar, followed by Africa. With the growth of the bakery industry and the increasing demand for convenient and optional baked goods and snacks, the growth of the global Agave Nectar market is expected to intensify, leading to a significant

3. expansion of the revenue contribution of the market during the outlook period. Impact of COVID-19 on Agave Nectar Market Due to the coronavirus outbreak, the market will recover in the fourth quarter of 2020. Border closures, quarantine, supply chain and trade disruptions can limit people's access to sufficient, diverse and nutritious food, especially in countries like the United States and China. Italy has been hit hard by the virus or already hit by high levels of food insecurity. Mobility restrictions and basic hateful behaviors of workers can affect the market, and factors such as a lack of fertilizers, veterinary drugs and other inputs can affect agricultural production. The listed factors influence the growth of the agave nectar market. Key market players: Major players in the global agave nectar market include Dipasa USA, Wholesome, S.F.D (PTY) Ltd, Colibree Company, The iidea Company, Global Goods Inc., Madhava Natural Sweeteners, and Groovyfood Company. View sample and decide: https://www.marketdataforecast.com/market-reports/agave-nectar- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also

4. provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Contact Us: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/