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.
This report contains market size and forecasts of Agar in global, including the following market information:
Global Agar Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Agar Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Agar companies in 2021 (%)
The global Agar market was valued at 354.9 million in 2021 and is projected to reach US$ 555.2 million by 2028, at a CAGR of 6.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Agar include Ina Food, Agarindo Bogatama, Marine Hydrocolloids, ROKO, Agarmex, Hispanagar, Sobigel, B&V Agar and Iberagar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Agar manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Agar Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Agar Market Segment Percentages, by Type, 2021 (%)
Food Grade
Bacteriological Grade
Global Agar Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Agar Market Segment Percentages, by Application, 2021 (%)
Food Industry
Pharmaceutic
Cosmetics
Daily Chemical
Scientific Research
Global Agar Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Agar Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Agar revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Agar revenues share in global market, 2021 (%)
Key companies Agar sales in global market, 2017-2022 (Estimated), (MT)
Key companies Agar sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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