This report studies the Agar market. Agar or agar-agar is a jelly-like substance, obtained from algae. Agar is derived from the polysaccharide agarose, which forms the supporting structure in the cell walls of certain species of algae, and which is released on boiling. These algae are known as agarophytes and belong to the Rhodophyta (red algae) phylum. Agar is actually the resulting mixture of two components: the linear polysaccharide agarose and a heterogeneous mixture of smaller molecules called agaropectin.
According to our (Global Info Research) latest study, the global Agar market size was valued at USD 354.9 million in 2022 and is forecast to a readjusted size of USD 555.2 million by 2029 with a CAGR of 6.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global agar key players include Green Fresh Group, ROKO, Hispanagar, etc. Global top 3 manufacturers hold a share about 50%. Asia-Pacific the largest market, with a share about 67%, followed by Europe, with a share about 23 percent. In terms of product, food grade is the largest segment, with a share about 92%. And in terms of application, the largest application is food industry, followed by pharmaceutic, cosmetics, daily chemical, and scientific research, etc.
This report is a detailed and comprehensive analysis for global Agar market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Agar market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2018-2029
Global Agar market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2018-2029
Global Agar market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (K USD/MT), 2018-2029
Global Agar market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (K USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Agar
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Agar market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ina Food, Agarindo Bogatama, Marine Hydrocolloids, ROKO and Agarmex, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Agar market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Food Grade
Bacteriological Grade
Market segment by Application
Food Industry
Pharmaceutic
Cosmetics
Daily Chemical
Scientific Research
Major players covered
Ina Food
Agarindo Bogatama
Marine Hydrocolloids
ROKO
Agarmex
Hispanagar
Sobigel
B&V Agar
Iberagar
Zhenpai
Agar Brasileiro
Green Fresh Group
Fujian Global Ocean Biotechnology
Qingdao Gather Great Ocean
Fujian Kingyen
Fujian Wuyi Feiyan Agar
Guandong Hizense Seaweed
Fujian Yange
Xiamen Hkay
Putian Changde
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Agar product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Agar, with price, sales, revenue and global market share of Agar from 2018 to 2023.
Chapter 3, the Agar competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Agar breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Agar market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Agar.
Chapter 14 and 15, to describe Agar sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Agar . Industry analysis & Market Report on Agar is a syndicated market report, published as Global Agar Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Agar market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.