Agar Market to Reach US$ 357,091.6 by 2016-2026

Report Id : REP-GB-330 Published On : June-2016 Category : Food and Beverages

Agar Market: Global Industry Analysis and Opportunity Assessment 2016 - 2026

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Research Methodology (1/2)

SYSTEMMATIC RESEARCH APPROACH

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SOLUTION

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Key focus segments

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Conclusions

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Agar Market

Global Agar Revenue Growth to Remain Positive Over 2016, Driven by increasing demand for natural ingredients and halal products Agar being used as an essential natural ingredient in food and beverages; in technical application; in bacteriological and many other sectors is propelling the demand for agar. Future Market Insights (FMI) estimates global agar volume to surpass 10,968.8 tonnes by 2016 end and represent market value of over US$ 220,838.5.

In global market, the demand for agar is dominated by food and beverage segment which especially includes bakery and dairy products. Companies dealing in agar products are promoting agar as an ingredient which has natural and health benefits. Apart from its wide application in food and beverages industry, its application is also increasing in cosmetics, pharmaceuticals, media culture and medical analytics.

Food and beverage industry is the largest segment which are preferring agar as a thickener and stabilising agent and is expected to account for over 84.0% value share in 2016. Moreover, food and beverage segment is expected to reach 9,216.8 tonnes in 2016 – an increase of 1.5% over 2015.

Agar Market

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-330 The form segment includes strips and powder. With powder segment registering significant revenue generation and estimated to account for 63.5% value share in 2016. FMI estimates global consumption of agar powder to surpass 6,969.7 tonnes by 2016 end, an increase of 1.7% in 2016 over 2015.

In terms of consumption, Western Europe is the largest consumer with the total consumption estimated at 3,012.7 tonnes in 2015. Among all the regions, APEJ is predicted to observe robust growth over forecast period 2016–2026.

Agarmex, New Zealand Manuka Group, Hispanagar, Acroyali Holdings Qingdao Co. Ltd., Industrias Roko, S.A, Neogen, Merck Group, Agarindo Bogatama, Setexam and Norevo Gmbh are the major companies identified across the value chain in the global agar market. Companies are also emphasising on research and development for application of agar in technical applications.

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Agar Market

Long-Term outlook: FMI seeks a positive long-term outlook on global agar market and anticipated global value of agar to surpass US$ 357,091.6 by 2026. Volume-wise, the global agar market is estimated to expand at a CAGR of 2.6% through 2026.

Table of Content

1. Global Agar Market Executive Summary 2. Assumptions & Acronyms Used 3. Research Methodology 4. Global Agar Market Overview 4.1. Introduction 4.1.1. Global Agar Market Definition 4.1.2. Global Agar Market Taxonomy 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints

Table of Content

4.3. Global Agar Market Forecast 2015-2026 4.3.1. Market Volume Forecast 4.3.2. Market Size (Value) Forecast 4.3.2.1. Absolute $ Opportunity 5. Global Agar Market By Application

5.1. Introduction 5.1.1. Global Agar Market Snapshot By Application 5.1.2. BPS Analysis By Application 5.2. Market Value & Volume Forecast By Application 5.2.1. Food & Beverages 5.2.2. Bacteriological 5.2.3. Technological 5.2.4. Others

Table of Content

5.3. Food & Beverages Absolute $ Opportunity 5.3.1. Market Value & Volume Forecast By Food & Beverages Sub-segment 5.3.1.1. Bakery 5.3.1.2. Confectionery 5.3.1.3. Dairy 5.3.1.4. Canned Meat/Poultry Products 5.3.1.5. Beverages 5.3.1.6. Sauces, Cream & Dressings 5.3.1.7. Dietetic Products 5.3.1.8. Others 5.4. Bacteriological Absolute $ Opportunity 5.4.1. Market Value & Volume Forecast By Bacteriological Sub-segment 5.4.1.1. Culture Media 5.4.1.2. Microbiology

Table of Content

5.5. Technical Applications Absolute $ Opportunity 5.5.1.1. Cosmetology 5.5.1.2. Medical applications 5.6. Others Absolute $ Opportunity 5.7. Market Attractiveness Analysis By Application

6. Global Agar Market By Form 6.1. Introduction 6.1.1. Global Agar Market Snapshot By Form 6.1.2. BPS Analysis By Form 6.2. Market Value & Volume Forecast By Form 6.2.1. Strips 6.2.2. Powder

Table of Content 6.3. Market Attractiveness Analysis By Form 7. Global Agar Market By Region

7.1. Introduction 7.1.1. Global Agar Market Snapshot By Region 7.1.2. BPS Analysis By Region 7.2. Market Value & Volume Forecast By Region 7.2.1. North America 7.2.2. Latin America 7.2.3. Western Europe For more insights on the Agar Market, you can request a report sample with full TOC at http://www.futuremarketinsights.com/reports/sample/rep-gb-330

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