Agave Syrup Market to Observe Strong Development by 2018-2026
Verfasser: yogesh on Wednesday, 27 February 2019Persistence Market Research (PMR) delivers key insights on the global agave syrup market in its upcoming outlook titled, “Agave Syrup Market: Global Industry Analysis and Forecast 2018-2026”. In terms of value, the global agave syrup market is projected to register a healthy CAGR of 6.7% during the forecast period due to various factors, regarding which PMR offers vital insights in detail.
The demand for sugar substitutes is always high considering the after effects of sugar. Agave is an organic sweetener which is being used for several years as a sugar substitute. 100 grams of agave can produce 20 times more sweetness when compared to sugar and honey. Agave syrup consists of two sources of vitamins, such as vitamin C and vitamin B, which lacks sugar content. Due to the sweetening and flavoring properties of agave syrup, it is being widely used in the production of tequila. Thus, an increase in the consumption of tequila will eventually contribute to the growth of the market for agave syrup.