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The agar market is forecasted to grow by USD 38 million during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the agar market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for dairy products, wide use in combination with pectin for confectionery products, and focus on increasing production capabilities.
The agar market is segmented as below:
By Product Type
- Powders
- Flakes
- Sheets
By Application
- Food and beverages
- Pharmaceuticals
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the agar market covers the following areas:
- Agar market sizing
- Agar market forecast
- Agar market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global agar market: AgarGel, Agramex SA de CV, Ases Chemical Works, B and V srl, Central Drug House Pvt. Ltd., Hispanagar S A, INDUSTRIAS ROKO SA, Ingredion Inc., Merck KGaA, Meron Group, MSC Co. Ltd., Myeong Shin Agar Agar Co. Ltd., Neogen Corp., New Zealand Manuka Group, Orient Resources Co., PT. Agar Swallow, PT. Agarindo Bogatama, PT Surya Indoalgas, SETEXAM SA, and Titan Biotech Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing prominence of private-label brands."
According to the report, one of the major drivers for this market is the rising demand for dairy products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AgarGel
- Agramex SA de CV
- Ases Chemical Works
- B and V srl
- Central Drug House Pvt. Ltd.
- Hispanagar S A
- INDUSTRIAS ROKO SA
- Ingredion Inc.
- Merck KGaA
- Meron Group
- MSC Co. Ltd.
- Myeong Shin Agar Agar Co. Ltd.
- Neogen Corp.
- New Zealand Manuka Group
- Orient Resources Co.
- PT. Agar Swallow
- PT. Agarindo Bogatama
- PT Surya Indoalgas
- SETEXAM SA
- Titan Biotech Ltd.
