openPR Logo
Press release

Global Agar Revenue Growth to Remain Positive Over 2016, Driven by increasing demand for natural ingredients and halal products

09-13-2017 08:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: future maket insights

Global Agar Revenue Growth to Remain Positive Over 2016, Driven

Agar being used as an essential natural ingredient in food and beverages; in technical application; in bacteriological and many other sectors is propelling the demand for agar. Future Market Insights (FMI) estimates global agar volume to surpass 10,968.8 tonnes by 2016 end and represent market value of over US$ 220,838.5.

Obtain Report Details @ https://www.futuremarketinsights.com/reports/agar-market

In global market, the demand for agar is dominated by food and beverage segment which especially includes bakery and dairy products. Companies dealing in agar products are promoting agar as an ingredient which has natural and health benefits. Apart from its wide application in food and beverages industry, its application is also increasing in cosmetics, pharmaceuticals, media culture and medical analytics.

Food and beverage industry is the largest segment which are preferring agar as a thickener and stabilising agent and is expected to account for over 84.0% value share in 2016. Moreover, food and beverage segment is expected to reach 9,216.8 tonnes in 2016 – an increase of 1.5% over 2015.

The form segment includes strips and powder. With powder segment registering significant revenue generation and estimated to account for 63.5% value share in 2016. FMI estimates global consumption of agar powder to surpass 6,969.7 tonnes by 2016 end, an increase of 1.7% in 2016 over 2015.

Fill the form for an exclusive sample of this report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-330

In terms of consumption, Western Europe is the largest consumer with the total consumption estimated at 3,012.7 tonnes in 2015. Among all the regions, APEJ is predicted to observe robust growth over forecast period 2016–2026.

Agarmex, New Zealand Manuka Group, Hispanagar, Acroyali Holdings Qingdao Co. Ltd., Industrias Roko, S.A, Neogen, Merck Group, Agarindo Bogatama, Setexam and Norevo Gmbh are the major companies identified across the value chain in the global agar market. Companies are also emphasising on research and development for application of agar in technical applications.

Long-Term outlook:FMI seeks a positive long-term outlook on global agar market and anticipated global value of agar to surpass US$ 357,091.6 by 2026. Volume-wise, the global agar market is estimated to expand at a CAGR of 2.6% through 2026.

About Future Market Insights

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Global Agar Revenue Growth to Remain Positive Over 2016, Driven by increasing demand for natural ingredients and halal products here

News-ID: 712873 • Views:

More Releases from future maket insights

Affective Computing Market is expected to reach US$ 938 Billion by 2032
Affective Computing Market is expected to reach US$ 938 Billion by 2032
As of 2022, the global market for affective computing is estimated to be at a value of US$ 54 Billion and is predicted to reach a value of US$ 938 Billion by 2032. The market is expected to grow at a CAGR of 33% during the forecast period from 2022 to 2032.   Customer interaction solutions that utilize emotional AI-related technologies in retail and healthcare verticals are helping to propel the market growth for
Smart Hair Brush Market is Predicted to Register a CAGR of 5.8% During the Forecast Period 2022-2032
Smart Hair Brush Market is Predicted to Register a CAGR of 5.8% During the Forec …
The smart hair brush market size is projected to register a CAGR of 5.8% during the forecast period, up from US$ 272 Million in 2021 to reach a valuation of US$ 477.8 Mn by 2032. The smart hair brush market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the
Residential Dishwashers Market is Projected to Record a CAGR of 7.1% During 2022 to 2032
Residential Dishwashers Market is Projected to Record a CAGR of 7.1% During 2022 …
The global residential dishwashers market is projected to record a CAGR of 7.1% from 2022 to 2032.Consumers are now more aware of the advantages of utilizing residential dishwashers due to the increased appliance penetration rates. The shifting customer preferences for sanitization tools have had a significant impact on the demand for domestic dishwashers. The main factor encouraging the global adoption of household dishwashers has been identified as sanitising the utensils by
Hair Serums Ingredient Market to expand at a 9% CAGR through 2032
Hair Serums Ingredient Market to expand at a 9% CAGR through 2032
The global hair serums ingredient market is expected to garner a market value of US$ 1,171.36 Million in 2022, while recording a CAGR of 9% during the 2022-2032 forecast period. By 2032, sales of hair serums ingredients are expected to reach US$ 2,772.96 Million. Hair serums are one of the most popular products in the cosmetics market. Because a busy lifestyle leaves little time for personal care, hair serums are utilised

All 5 Releases


More Releases for Agar

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
Agar Market Competitive Analysis to 2023: Kingyen Huey shying, Fuli Agar Factory …
Research For Market in this report on Global Agar Market will keep you apprised in this CAGR growing market by letting you know in-depth how the key players and brands are driving the market in the forecast period of 2019-2025. Further, the markets definition, classifications, applications, and engagements in the Global Agar Market have been described. The Global Agar Market has been classified according to market size (value & volume)
Agar Agar Manufacaturer - Marine Hydrocolloids
Agar Agar Food Grade (China Grass) Agar Agar is used as 100% vegetarian substitute for Gelatin (manufactured from animal bones and skin) in the food industry. The usage is fast gaining ground due to the worldwide shift for products of vegetable origin. Agar Agar has been used for many centuries as high performance gelling agent. Its ability to produce clear colourless, odourless, and natural gels without the support of other colloids has
Agar Agar Gum Market – Growth Opportunities & Technology Developments by 2025
The report "Agar Agar Gum Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 ", has been prepared based on an in-depth market analysis with inputs from industry experts. The objectives of this study are as follows: To define, describe, and forecast the "Agar Agar Gum" market by type, application, component, delivery model, end user, and region To provide detailed information regarding major factors influencing market growth (drivers,
Global Agar-Agar Market 2018 Key Players: Green Fresh Group, Kingyen, Shantou Ch …
Agar-Agar Market: WiseGuyReports.com adds “Agar-Agar Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025”reports to its database. Executive Summary This report studies the global Agar-Agar market status and forecast, categorizes the global Agar-Agar market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa. In 2017, the global Agar-Agar market
Agar-agar Gum Global Market Key Players – Miryang Agar-Agar, Meron, TIC Gums, …
Agar-agar Gum Market 2018 This Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data. Besides, the report also covers segment data, including: type segment, industry