Agar Market Report 2023 (Global Edition)

Global Agar Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Agar Industry growth. Agar market has been segmented with the help of its Type, Application Distribution Channel, and others. Agar market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Agar Market, By Type

Strips

Agar strips are an extract that has been sliced into strips and is bright white in color. The product is either odorless or has a little distinctive odor. Agar strips are often used as a texturizing agent, emulsifier, stabilizer, and as thickener in pudding, ice cream, jelly, jams, salad dressing, cheese, gelatin fruit dessert, vegetarian, dry, and canned soup applications, etc. Some agar strips are also used in the assessment of airborne microorganisms. The Strips Revenue in Agar Market will be USD 39.36 Million by 2028.

Powder

Agar powder is a carbohydrate mixture derived from seaweed, particularly red sea algae. In most cases, the seaweed is heated into a gel, then pressed, dried, and crushed to produce agar flakes, which are then homogenized into a powder. The powder form of agar is generally less expansive and it dissolves quickly. It also acts as an alternative to gelatin that can be used in a 1:1 substitution for gelatin. Agar powder is a versatile culinary ingredient that can be used as a thickening, gelling agent, texturizer, moisturizer, emulsifier, flavor enhancer, and absorbent to thicken soups, produce jams and jellies, custards, ice creams, and other sweets that need gelatinization and setting.

Flakes

Agar flakes are similar to agar powder. Agar flakes dissolve quickly in liquid to produce a gel-like material. However, agar flakes can require blending or heating to dissolve more quickly. Agar flakes are commonly used at a 1:4 ratio (gelatin to agar). These are suitable for pie fillings, jellies, preserves, Kanten, custards, and vegetable or fruit aspics.

Others

Agar is also available in several forms such as bars, sticks, strands, sheets, and others. The agar bar and strips can be manufactured by freezing and thawing the agar gel. The powder form of agar can also be freeze-dried into bars or made into strands. Sometimes agar bars and sticks can be processed into powder form in a blender or food processor.

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Agar Market, By Application

Food & Beverage

Agar is frequently utilized in the food and beverage industries. Agar is commonly used in culinary applications and as an alternative to gelatin. Agar assists in the gelation, stabilization, texturization, and thickening of beverages, baked products, confectioneries, dairy products, dressings, meat products, and sauces. Agar is commonly used in puddings, custards, and soft sweets. Agar is also used in the manufacture of juices and wines as a flocculating and clarifying agent. The Food & Beverage revenue will be USD 154.32 Million by 2028.

Pharmaceutical

Agar is employed in the pharmaceutical sector because of its gel strength and lack of microbial flora. In the pharmaceutical industry, agar is used as a gelling, stabilizing, thickening agent, emulsifying agent, and mucoadhesive for suppositories, suspending agent, tablet disintegrant, binder, viscosity-enhancing agent, and to produce prolonged release effect. It is used as a suspending agent for Barium Sulphate Radiology, intestinal management, surgical lubricants, and in the preparation of emulsions, suspensions, capsules, and other products. Laxative use of agar is also common. Furthermore, an agar-based nanocomposite film inhibited the development of Listeria monocytogenes. Blends of agar and other polysaccharides are also gaining Blends of agar and other polysaccharides are also gaining popularity in therapeutic applications. Dental practitioners typically utilize agar to make dental imprints.

Biotechnology

Agar is used in the biotechnology industry for clinical micrology. Agar powder is a solid substrate used to hold Non-Selective Culture Media for microbiological research. It is also used as culture media for several pathogenic and nonpathogenic bacteria and fungi as it has good gel firmness, elasticity, clarity, and stability. Another major application of agar in biotechnology included plant tissue culture. For a long time, agar has been used to solidify plant tissue culture medium. The kind of agar or gelling agent employed can impact tissue development in culture.

Cosmetics

Agar has now been employed in the formulation of cosmetics. Agar is employed in the development of skin products because of its suspensive, emulsifying, stabilizing, and gelling qualities. It is nutrient-rich and gentle on the hair and skin. Agar is a key ingredient in various face masks, including detoxifying and soothing masks. It also functions as a scent enhancer and a binder. Similarly, it is believed to have antioxidant qualities due to its seaweed component. Agar is commonly used in cosmetics in numerous personal care products such as foundation, exfoliants/scrubs, cleansers, shaving cream, anti-aging therapy, face moisturizer/lotion, liquid soap, acne treatment, body wash, and facial powder.

Others

Several other applications of agar include formicarium, textile, paper, electrochemistry, and many other industries. Agar is used in electrochemistry to make salt bridges and gel plugs. Recently, agar-based hydrogels are used to improve the electrochemical performance of polymer-based capacitors. In formicarium, agar is used as a transparent substitute for sand and a source of nutrition. Agar is employed as a surface sizing agent for paper.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Agar market report 2023 Edition by contacting our team.

Agar Distribution Channel Segment Analysis

Online

An online distribution channel is the chain of a distribution network that uses online media. Manufacturers of agar are presently inclined toward online sales through online retailing. To increase sales, corporations use several third-party online sales channels. Agar is readily available at Amazon, Flipkart, BigBasket, and many other online channels. The Online Revenue in Agar will be USD 134.73 Million by 2028.

Offline

Offline distribution refers to the advertisement, presentation, and/or sale of products in a physical store setting and/or any other setting in which the people participating in the commercial activity contact face to face. Several agar manufacturers are widely focused on the offline distribution channel. Some companies have distribution partners that assist them in selling their goods. Agar is widely available through direct sales, modern trade, convenience stores, specialty stores, and other sales channels Hence, there is a large number of offline sales channels for agar that are available in the market.

• Online
• Offline

Agar Market Regional Analysis

Region and country analysis section of Agar Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Agar market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

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The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Company Profile

Merck KGaA

Merck KGaA is a manufacturer of healthcare and life sciences products. The company has over 52,900 employees worldwide. The company has a presence across the globe in different regions such as Asia-Pacific, Europe, Latin America, the Middle East & Africa, and North America.  The company is operating in 66 countries with 130 distribution centers and 60 manufacturing sites. The company is operating three business segments: healthcare, life science, and performance material.

Merck KGaA has a wide range of product portfolios in the market in healthcare, life science, and performance materials segments, among which healthcare is the biggest segment including biopharma and allergopharma subsegments in it. The company’s life science segment comprises biopharmaceuticals and high-grade chemicals manufacturing such as chemical synthesis of thiols or mercaptans and other organic or inorganic chemicals, analytical chromatography products, life science, and material science. The performance material segment includes the specialty chemical business of Merck and supplies solutions for displays, electronic chips, and others.

RECENT NEWS

• October 2020, Merck Company Merged with Mammoth Company 

Merck Company collaborates with Mammoth Company in the Life sciences segment for the development and production of Mammoth’s CRISPR-based SARS Cov-2 diagnostic test.

Top Companies Market Share in Agar Industry: (In no particular order of Rank)

• Meron Group
• Myeong Shin Agar
• Merck KGaA
• Marine Science Co. Ltd
• Agarmex
• Orient Resources Company
• B&V
• Tic Gums
• Titan Biotech Ltd
• AgarGel
• Central Drug House Ltd.
• Agar Shallow
• Agar Corporation Ltd.
• AsionsChem
• Indoalgas
• Able Sales Company.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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