For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
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.
Scope of the Report:
The global Agar market was valued at USD 268.58 million in 2016 and is expected to reach USD 338.17 million by 2022.
The technical barriers of Agar are relatively high, resulting in high level concentration degree. The key companies in Agar market are Green Fresh Group, 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.
The worldwide market for Agar is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 350 million US$ in 2024, from 280 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Agar in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Green Fresh Group
- 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
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Wild Harvest Gelidium Agar
- Aquafarm Gelidium Agar
- Wild Harvest Gracilaria Agar
- Aquafarm Gracilaria Agar
- Other Wild Harvest Agar
- Other Aquafarm Agar
Market Segment by Applications, can be divided into
- Food Industry
- Pharmaceutic
- Cosmetics
- Daily Chemical
- Scientific Research
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Agar product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Agar, with price, sales, revenue and global market share of Agar in 2017 and 2018.
Chapter 3, the Agar competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Agar breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Agar market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Agar sales channel, distributors, customers, research findings and conclusion, appendix and data source.