Agave Nectar Global Market To Grow At Rate Of 10% Through 2026
The Business Research Company’s Agave Nectar Global Market Report 2022: Market Size, Trends And Forecast To 2026
LONDON, GREATER LONDON, UK, June 30, 2022 /EINPresswire.com/ -- According to ‘Agave Nectar Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the agave nectar market size is expected to grow from $194.55 million in 2021 to $222.25 million in 2022 at a compound annual growth rate (CAGR) of 14.2%. The global agave nectar market size is expected to grow to $321.44 million in 2026 at a CAGR of 9.7%. Increasing awareness of fitness among people coupled with a surge in the number of health-conscious consumers is expected to drive the agave nectar market growth during the forecast period.
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The agave nectar market consists of sales of agave nectar by entities (organizations, sole traders, and partnerships) that are commercially produced from several species of agave, including agave tequilana and agave salmiana. Agave nectar is a sweetener used as a natural substitute for artificial sweeteners and refined sugars. It has a low glycemic index, which does not cause high blood glucose and helps prevent problems such as metabolic syndrome and insulin resistance.
Global Agave Nectar Market Trends
The introduction of biodegradable agave-based straws is an emerging trend in the agave nectar market. Major companies operating in the agave nectar sector are focused on introducing biodegradable agave-based straws as an alternative to conventional plastic straws.
Global Agave Nectar Market Segments
By Product: Light Agave Nectar, Dark Agave Nectar
By Functional: Emulsifier, Sweetener, Flavor Enhancer
By Distribution Channel: Supermarkets, Online Stores, Retail Stores, Others
By Application: Bakery, Beverages, Confectionery, Others
By Geography: The global agave nectar market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global agave nectar market report at:
https://www.thebusinessresearchcompany.com/report/agave-nectar-global-market-report
Agave Nectar Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides agave nectar global market overview, analyzes and forecasts market size and growth for the global agave nectar market, agave nectar global market share, agave nectar global market segments and geographies, agave nectar global market players, agave nectar market leading competitor revenues, profiles and market shares. The agave nectar market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Agave Nectar Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Whole Earth Brands, Pura Foods Ltd., Malt Products Corporation, The Groovy Food Company, Sisana Sweetener, Domino Foods Inc, The IIDEA Company, Madhava Foods, The Agave Sweetener Company, Nekutli, The Tierra Group, and LOC Industries Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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