Agave syrup or Agave Nectar or Aguamiel or Honey Water is made from the nectar of the Agave. The Agave plant is a succulent; it is not a cactus and grows wild all over Mexico and Central America. Many people know the agave from the Tequilla, but agave syrup is also a popular product produced from the leaves of the agave plant.
Agave syrup is a little less viscous than honey, and can have different colors, depending on the degree of processing. Agave is sweeter than sugar and honey, so you can use less in your recipes and reach the same sweetness, but with fewer calories.
The darker agave syrup varieties have a caramel hint in the flavor. Use this 'honey water' to sweeten warm or cold drinks, or drizzle it on your pancakes, fruit salads, ice cream and more.