Global Agar-Agar Market 2022-2028

Agar-agar, known as just agar in culinary circles, is a vegetarian gelatin substitute produced from a variety of seaweed vegetation. It is sold in flake, powder, bar, and strand form, and can be used in recipes as a stabilizing and thickening agent. According to market research study published by Gen Consulting Company, the market size of the global agar-agar sector is expected to rise by USD 84 million with a CAGR of 4.2% by the end of 2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global agar-agar market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the agar-agar industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the form, application, and region. The global market for agar-agar can be segmented by form: flakes, powder, others. According to the research, the powder segment had the largest share in the global agar-agar market. Agar-agar market is further segmented by application: food and beverages, pharmaceuticals and nutraceuticals, others. In 2021, the food and beverages segment made up the largest share of revenue generated by the agar-agar market. Based on region, the agar-agar market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By form:
- flakes
- powder
- others

By application:
- food and beverages
- pharmaceuticals and nutraceuticals
- others

By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)

The report explores the recent developments and profiles of key vendors in the Global Agar-Agar Market, including CV. Agar Sari Jaya, Henan Gino Biotechnology Co., Ltd., Hugestone Enterprise Co., Ltd., Justchem International Limited, Meron Group, PT Agarindo Bogatama, PT Kappa Carrageenan Nusantara, PT. Agar Swallow, PT. Surya Indoalgas, Roland Foods, LLC, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
- To analyze and forecast the market size of the global agar-agar market.
- To classify and forecast the global agar-agar market based on form, application, region.
- To identify drivers and challenges for the global agar-agar market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global agar-agar market.
- To identify and analyze the profile of leading players operating in the global agar-agar market.

Why Choose This Report
- Gain a reliable outlook of the global agar-agar market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.