Press release
Agar Market worth $509.43 million by 2030, growing at a CAGR of 6.54% - Exclusive Report by 360iResearch
Agar Market | 360iResearch
The Global Agar Market to grow from USD 326.90 million in 2023 to USD 509.43 million by 2030, at a CAGR of 6.54%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/agar?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Agar is a gelatinous substance derived from seaweed and is commonly used in various culinary and scientific applications. They are extracted from certain types of red algae, including gelidium, gracilaria, and others. Rising awareness of agar's health benefits has accelerated its consumption among the vegan population. Agar has also seen an increasing adoption in the bakery and confectionery sector. Recently, there has been an expansion of agar-agar trade networks due to an improved supply chain. Agar agar gels are stable over a wide range of temperatures, making them suitable for applications such as gel-based sweets, solidifying soups, and other food items. They are also used in the pharmaceutical industry as a binder in tablet formulations and as a medium for the culture of microorganisms for drug testing. However, concerns associated with agar hydration and microbiological contamination and stringent regulations concerning the quality and manufacturing of agar. Market players are constantly working on improving the quality of agar by introducing new production and sourcing methods. Companies have also realized the potential use of agar in nutraceuticals and its versatile applications in developing functional and health-enhancing products.
In the Americas, agar is used in vegan recipes as a gelatin substance and is widely popular among health-conscious consumers. Agar production in the Americas is primarily driven by small-scale producers and suppliers, and the region also imports from Asian countries to meet the local demand. Some efforts are made in South American countries to cultivate agar as they have the potential for seaweed cultivation. Asia is among the largest producers of agar in the world, with significant manufacturing facilities in Japan, China, and Indonesia. Asian companies cater to diverse industries, including food, pharmaceuticals, and microbiology. They often have extensive networks for sourcing seaweed and processing agar, which is utilized in various Asian cuisines. Manufacturers in Asia have responded to international consumer demand by offering convenient agar products through online distribution channels and some offline retail channels. Europe has limited agar agar production and relies on imports from Asian sources. Specialty and health food companies in Europe often feature agar in their product lines. With the increased interest of the European population in plant-based food, the demand for agar is expected to rise.
Market Segmentation & Coverage:
This research report categorizes the Agar Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Form, market is studied across Powder and Strips. The Powder is projected to witness significant market share during forecast period.
Based on Application, market is studied across Cosmetics, Food & Beverage, Microbiological Research, and Pharmaceuticals. The Food & Beverage is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.12% in 2023, followed by Europe, Middle East & Africa.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/agar?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Agar Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Agar Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Agar Market, highlighting leading vendors and their innovative profiles. These include Able Sales Company, Inc., Acroyali Holdings Qingdao Co. Ltd., AgarGel, AGARMEX, S.A. DE C.V., Ashapura Proteins Ltd., Azelis group, B&V srl, Cape Crystal Brands, HISPANAGAR S.A., INDUSTRIAS ROKO S.A., Ingredion Incorporated, Java Biocolloid, MARINE SCIENCE CO., LTD., Merck KGaA, Meron Group, MSC Co.,Ltd., Myeongshin Agar Agar Mfg. Co., Ltd., Neogen Corporation, New Zealand Manuka Group, Norevo GmbH, PT SURYA INDOALGAS, PT. Agarindo Bogatama, Setexam, The Bharat Instruments & Chemicals, and Titan Biotech Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Agar Market, by Form
7. Agar Market, by Application
8. Americas Agar Market
9. Asia-Pacific Agar Market
10. Europe, Middle East & Africa Agar Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Agar Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Agar Market?
3. What is the competitive strategic window for opportunities in the Agar Market?
4. What are the technology trends and regulatory frameworks in the Agar Market?
5. What is the market share of the leading vendors in the Agar Market?
6. What modes and strategic moves are considered suitable for entering the Agar Market?
Read More @ https://www.360iresearch.com/library/intelligence/agar?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Agar Market worth $509.43 million by 2030, growing at a CAGR of 6.54% - Exclusive Report by 360iResearch here
News-ID: 3438336 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Agar
Agar Agar Gum Market Research Report 2031 (PDF)
We are excited to announce the release of our novel market research offering- "Agar Agar Gum Market Size, Share and Trends | 2031". This syndicate research offers a present market scenario and includes future projections. Details such as the latest trends, technologies, and opportunities are certainly exclusive perks of this report.
Both dominant market players as well as start-ups can purchase this market research. The Insight Partners added indispensable growth insights…
Agar Agar Prices, Trends & Forecasts | Provided by Procurement Resource
In the first quarter of 2023, the agar agar market in Asia faced uncertainty due to declining demand and rising inventories. However, a turnaround occurred in the latter part of the quarter and extended into the second quarter, driven by increased demand from domestic and international downstream industries. In Europe, the Russia-Ukraine conflict and fluctuating demand initially contributed to price uncertainty, but the second quarter saw a favorable rise in…
Agar-Agar Market to See Major Growth by 2028 | GINO BIOTECH, CV. AGAR SARI JAYA, …
Agar-Agar Market Report provides a basic overview of the industry including definitions, classifications, applications and chain structure. The Agar-Agar market analysis is provided for the international markets including Development trends, competitive landscape analysis, and key regions development status. The Global Agar-Agar Market report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw…
Agar-Agar Market 2022 Size, Segmentation, Trends and Prominent Key Players: Agar …
According to our latest market study on "Agar-Agar Market forecast to 2028 -is a hydrocolloid extracted from red algae seaweed. Gracilaria and Gelidium are the commercially used species of red algae for the production of agar-agar. Agar-agar is used as a thickener, stabilizer, and gelling agent in the food & beverages industry. It has a higher melting point than other gelling agents. It is commonly available in powder, flakes, and…
Agar Agar Flakes Market Intelligence Study for Comprehensive Insights & Forecast …
The food industry has witnessed significant growth in the recent past, owing to several factors such as increasing disposable income and the experimental snacking habits of individuals. This has aggravated the demand for several food ingredients in the recent past. Agar agar flakes, being one such ingredient, have been observed to garner significant traction in recent years. The global bakery industry is on the rise, and several newer types of…
Know about Agar-Agar Market Influencing Factors by 2025
Global Agar-Agar Market Report Organization's Researcher investigators specialists causes us to give our customers an exhaustive and top to bottom examination of Agar-Agar market or industry alongside its key factors, for example, market diagram and rundown, pieces of the pie, restrictions, drivers, local examination, players, serious elements, division, and considerably more. The Agar-Agar Market information introduced inside this report is acquired dependent on a few strategies, for example, PESTLE, Porter's…
