In the worldwide market, the interest in agar is overwhelmed by the food and drink fragment which particularly incorporates pastry kitchen and dairy items. Organizations managing agar items are advancing agar as a fixing which has normal and medical advantages. Aside from its wide application in the food and drinks industry, its application is additionally expanding in beauty care products, drugs, media culture, and clinical examination.
Agar being utilized as a fundamental normal fixing in food and drinks; in specialized applications; in bacteriological and numerous different areas is driving the interest in agar. Future Market Experiences (FMI) gauges worldwide agar volume to outperform 10,968.8 tons by 2016 end and address a market worth over US$ 220,838.5.
The food and refreshment industry is the biggest fragment which is favoring agar as a thickener and balancing out specialist and is supposed to represent more than 84.0% worth of offers in 2016. In addition, the food and drink fragment is supposed to arrive at 9,216.8 tons in 2016 – an increment of 1.5% more than in 2015.
The structure portion incorporates strips and powder. With powder portion enrolling huge income age and assessed to represent 63.5% worth offer in 2016. FMI gauges worldwide utilization of agar powder to outperform 6,969.7 tons by the 2016 end, an increment of 1.7% in 2016 north of 2015.
As far as utilization, Western Europe is the biggest customer with a complete utilization assessed at 3,012.7 tons in 2015. Among every one of the locales, APEJ is anticipated to notice vigorous development over the estimated period of 2016-2026.
Agarmex, New Zealand Manuka Gathering, Hispanagar, Acroyali Possessions Qingdao Co. Ltd., Industrias Roko, S.A, Neogen, Merck Gathering, Agarindo Bogatama, Setexam, and Norevo Gmbh are the significant organizations recognized across the worth chain in the worldwide agar market. Organizations are likewise underscoring innovative work for use of agar in specialized applications.
Long haul standpoint: FMI looks for a positive long haul attitude toward the worldwide agar market and expected the worldwide worth of agar to outperform US$ 357,091.6 by 2026. Volume-wise, the worldwide agar market is assessed to grow at a CAGR of 2.6% through 2026.
- Food and Refreshments
- Bread Kitchen
- Ice cream parlor
- Canned meat/poultry items
- Sauces, creams, and dressings
- Dietetic items
- Culture media
- Microbial science
- Specialized Applications
- Clinical applications
Key Locales/Nations Covered
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Barring Japan (APEJ)
- Center East and Africa