Agar Market, By Form, By Application, Bacteriological, Technical Applications, and others), and By Regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa )- Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Agar are natural product extracted from algae of Gracilaria and Powderidium. It is available in different forms such as granules, strips, and powder. Agar find its applications in food & beverages, bacteriological, technical including cosmetology and medical applications. In food & beverage applications it is used for bakery, confectionery, dairy, dietic products, poultry products, sauces, creams & dressing, and others.

Market Dynamics

Based on application, food & beverages application accounted for the largest market share in terms of revenue and contributed for 84.0% in 2021. The segment growth is majorly driven by the rising demand for food along with increasing application of agar in food products. Whereas, technical applications segment is projected to record fastest growth in terms of revenue over the forecast period (2021 to 2030).

Among region, Europe accounted for the largest revenue share in 2021 and contributed for the revenue share of 42.0% in 2021, followed by Asia Pacific and North America. Furthermore, Asia Pacific is anticipated to record fastest growth during 2021 to 2030, attributing to rising application of agar in pharmaceutical, confectionery, dairy, and dentistry industry along with growth of these industries in the region.

Key features of the study:

This report provides in-depth analysis of agar market and provides market size (US$ Million and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2022 - 2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global agar market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Hispanagar, Merck Group, New Zealand Manuka Group, Acroyali Holdings Qingdao Co., Ltd., Neogen, Industrias Roko, S.A., Setexam, Agarindo Bogatama, and Norevo GmbH
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up gradation, market expansion, and marketing tactics
The global agar market report caters to various stakeholders in this industry including investors, suppliers, Agar manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the agar market

Detailed Segmentation:

Global Agar Market, By Form:
- Strips
- Powder
Global Agar Market, By Application:
- Food & Beverages
- Bakery
- Confectionery
- Dairy
- Canned Meat/ Poultry Products
- Beverages
- Sauces, Creams & Dressings
- Dietic Products
- Others
- Bacteriological
- Culture Media
- Microbiology
- Technical Applications
- Cosmetology
- Medical Application
- Others
Global Agar Market, By Geography:
- North America
  - U.S.
  - Canada
- Latin America
  - Mexico
  - Brazil
  - Argentina
  - Rest of Latin America
- Europe
  - EU 5
  - Benelux
  - Nordic
  - Russia
  - Ukraine
  - Poland
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - ASEAN
  - OCEANIA
  - Rest of Asia Pacific
- Middle East & Africa
  - Turkey
  - GCC
  - South Africa
  - Rest of Middle East & Africa
Company Profiles
- New Zealand Manuka Group*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Hispanagar
- Acroyali Holdings Qingdao Co., Ltd.
- Industrias Roko, S.A.
- Neogen
- Merck Group
- Agarindo Bogatama
- Setexam
- Norevo GmbH

Product Code: CMI2386

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Agar Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Agar Market - COVID-19
Impact Analysis

5. Global Agar Market, By Form, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030(%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Strip
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & KT)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & KT)

6. Global Agar Market, By Application, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030(%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & KT)
- Bakery
- Confectionery
- Dairy
- Canned Meat/Poultry Products
- Beverages
- Sauces, Creams & Dressings
- Dietic Products
- Others
Bacteriological
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & KT)
- Culture Media
- Microbiology
Technical Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & KT)
- Cosmetology
- Medical Application
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn & KT)

7. Global Agar Market, By Region, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022 and 2030(%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2022 and 2030(%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.S.
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Canada
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Latin America
- Market Share Analysis, By Country, 2022 and 2030(%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
Mexico
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Brazil
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Argentina
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Rest of Latin America
- Country/Region Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Europe
- Market Share Analysis, By Country, 2022 and 2030(%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
EU 5
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Benelux
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Nordic
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Russia
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Ukraine
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Poland
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Rest of Europe
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Asia Pacific
- Market Share Analysis, By Country, 2022 and 2030(%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
India
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Japan
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
ASEAN
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
OCEANIA
- Country Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Rest of Asia Pacific
- Country/Region Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Middle East & Africa
- Market Share Analysis, By Sub-region, 2022 and 2030(%)
- Y-o-Y Growth Analysis, By Sub-region, 2017 - 2030
Turkey
- Country/Region Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
GCC
- Country/Region Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
South Africa
- Country/Region Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)
Rest of Middle East & Africa
- Country/Region Trends
- Market Size and Forecast, By Form, 2017 - 2030(US$ Mn & KT)
- Market Size and Forecast, By Application, 2017 - 2030(US$ Mn & KT)

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- New Zealand Manuka Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Hispanagar
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Acroyali Holdings Qingdao Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Industrias Roko, S.A.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Neogen
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Merck Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Agarindo Bogatama
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Setexam
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Norevo GmbH
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Analyst Views

9. Section

References
Research Methodology
About Us and Sales Contact

Agar Market, By Form, By Application, Bacteriological, Technical Applications, and others), and By Regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa )- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030