Agar Market is expected to reach USD 404.84 Million by 2028 : Cognitive Market Research

Market Overview:
- Agar is a gelatinous material majorly formed from the cell walls of red seaweeds, specifically Tengusa (Gelidiaceae) and Ogonori (Gracilaria). Agar is insoluble in cold water. It dissolves easily in boiling water and solidifies to form a hard gel at concentrations as low as 0.50 percent. Agar is made up of two polysaccharides: agarose and agaropectin, with agarose accounting for around 70% of the total. Agar can be manufactured in two ways: by pressing it or by freezing it. Typically, the seaweed is cooked into a gel, then squeezed, dried, and crushed to make agar flakes, powder, freeze-dried into bars, or strands. It is available in several forms such as powder, flakes, bars, strands, and others. Agar powder can be used in a 1:1 ratio, while agar flakes should be used in roughly a 1:4 ratio (gelatin to agar). It is widely used in food & beverage, pharmaceutical, biotechnology, cosmetic, and many other industries.

Market Insights:
• The Global Agar Market is expected to reach USD 404.84 Million by the end of 2028, growing at a CAGR of 5.12% between 2021 and 2028.
• The Europe Agar market size is projected to reach USD 92.15 Million in 2028.

"To know more The Agar Market Insights click here: https://www.cognitivemarketresearch.com/agar-market-report

Market Drivers
• Rising demand for agar in food and beverage industry
- Agar is a galactose-based heterogenous polysaccharide that can made from red algae. It has gelatin property which makes it ideal for use in food & beverage industry. According to the research, majority of the agar produced is used in food application. United States of America Food and Drug Administration has classified the agar as GRAS (Generally Recognized as Safe). This increases the usage of agar in food and beverage industry. This drives the market's expansion. Agar can resist high temperature and hence it can be used as stabilizer and thickener in numerous baked products such as pie fillings, icings, meringues, and others. Several food items such as fruit candies uses agar due to its very high sugar content.
• Mounting use of agar in pharmaceutical industry
- The different variety of polymers has been widely used in pharmaceutical industry products. These includes proteins (gelatin), polysaccharides (chitosan, agar, acacia, agarose), gummy exudates (guar gum, gum karaya) and others. Agar is one of the most widely used product in pharmaceutical industry. Thus, there is high demand for agar across the globe for pharmaceutical industry. Agar is a one-of-a-kind natural polymer that is increasingly favored over synthetic polymers and is being evaluated as a source of raw materials for pharmaceutical applications. It is considerable candidate in the pharmaceutical business due to its exceptional inherent features, such as the strength of the gel created from agar.

• Restraints for Agar Market
- Limited and uncertain resources
• Opportunities for Agar Market
- The growing trend of healthy and nutritious food eating habits among consumer

Market Segmentation:
Type:
• Strips
- Agar strips is a extract that has been sliced into strips and is bright white in colour. The product is either odorless or has a little distinctive odor. Agar strips is often used as a texturizing agent, emulsifier, stabilizer, and as a thickener in pudding, ice cream, jelly, jams, salad dressing, cheese, gelatin fruit dessert, vegetarian, dry and canned soup applications, etc. Some agar strips also used in assessment of airborne microorganisms
• Powder
- Agar powder is a carbohydrate mixture derived from seaweed, particularly red sea algae. In most cases, the seaweed is heated into a gel, then pressed, dried, and crushed to produce agar flakes, which are then homogenized into a powder. The powder form of agar is generally less expansive and it dissolve quickly. It is also act as alternative to gelatin that can be used in a 1:1 substitution for gelatin.
• Flakes
• Others

Application:
• Pharmaceutical
- Agar is employed in the pharmaceutical sector because of its gel strength and lack of microbial flora. In the pharmaceutical industry, agar is used as a gelling, stabilizing, thickening agent, emulsifying agent, and mucoadhesive for suppositories, suspending agent, tablet disintegrant, binder, viscosity-enhancing agent, and to produce prolonged release effect.
• Biotechnology
• Cosmetics
• Others

Distribution Channel:
• Online
• Offline

Get free sample pages of latest published Agar Report:
https://www.cognitivemarketresearch.com/agar-market-report#request_sample

Competitive Analysis for Agar Market:
Meron Group, Myeong Shin Agar, Merck KGaA, Marine Science Co. Ltd, Agarmex, Orient Resources Company, B&V, Tic Gums, Titan Biotech Ltd, AgarGel, Central Drug House Ltd., Agar Shallow, Agar Corporation Ltd., AsionsChem, Indoalgas, Able Sales Company.

Merck KGaA
Merck KGaA is a manufacturer of healthcare and life sciences products. The company has over 52,900 employees worldwide. The company has presence across the globe in different regions such as Asia-Pacific, Europe, Latin America, Middle East & Africa and North America. The company is operating in 66 countries with 130 distribution centers and 60 manufacturing sites. The company is operating three business segments: healthcare, life science and performance material.

NEWS:
• October 2020
- Merck Company Merged with Mammoth Company
Merck Company collaborates with Mammoth company in Life sciences segment for the development and production of Mammoth's CRISPR-based SARS Cov-2 diagnostic test.

Related Report:
• Agar-Agar Market - https://www.cognitivemarketresearch.com/agar-agar-market-report
• Agar Tea Market - https://www.cognitivemarketresearch.com/agar-tea-market-report
• Agar Resin Market - https://www.cognitivemarketresearch.com/agar-resin-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

This release was published on openPR.