Global Agar Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

SKU ID : QYR-15954474 | Publishing Date : 23-Jul-2020 | No. of pages : 135

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.
The technical barriers of Agar are relatively high, resulting in high level concentration degree. The key companies in Agar market are Green Fresh , Kingyen, Shantou Chenghai District Agar Glue Factory, Huey shying, Fuli Agar Factory, Mingfu Fujian Agar Co., Marine Hydrocolloids, ROKO, Agarmex, etc. And the enterprises are concentrated in China. China is the largest producer, occupied about 62% production.

According to customer types, Agar is widely used in Food Industry, Pharmaceutic, Cosmetics, Daily Chemical and Scientific Research. In 2016, Agar for Food Industry occupied more than 57% of total amount. With the improvement of living standards and global higher scientific research investment from government, enterprises, research institutions, schools, etc. the demand for Agar is expected to increase during the remaining years of the forecast period of 2017-2022. Agar industry will usher in a stable growth space.

However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Agar. Therefore, to some extent, the companies face the risk of profit decline.

Market Analysis and Insights: Global Agar Market
In 2019, the global Agar market size was US$ 302.9 million and it is expected to reach US$ 399.8 million by the end of 2026, with a CAGR of 4.0% during 2021-2026.
Global Agar Scope and Market Size
Agar market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Agar market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Agar market is segmented into
Wild Harvest Gelidium Agar
Aquafarm Gelidium Agar
Other Aquafarm Agar

Segment by Application, the Agar market is segmented into
Food Industry
Pharmaceutic
Cosmetics
Daily Chemical
Scientific Research

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Agar Market Share Analysis
Agar market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Agar product introduction, recent developments, Agar sales by region, type, application and by sales channel.

The major companies include:
Green Fresh
Kingyen
Shantou Chenghai District Agar Glue Factory
Huey shyang
Fuli Agar Factory
Mingfu Fujian Agar Co.
Marine Hydrocolloids
ROKO
Agarmex
Hispanagar
Sobigel
B&V Agar
Iberagar
Global BioIngredients
Fujian Global Ocean Biotechnology
Taike Biotechnology
Agar Brasileiro
Fujian Wuyi Feiyan Agar

Frequently Asked Questions

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