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Global Edible Agar Market by Type (Sugar-Free, Sugar), By Application (Drinks, Jelly, Canned Meat, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: FB-37362
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 52
  • No. Of Pages: 231
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  • Pub. Date: 2021-04-04
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The Global Edible Agar Market size is projected to grow from US$1.8 billion in 2021 to US$X.X billion by 2028, at a Compound Annual Growth Rate (CAGR) of 4.3%. The global edible agar market is driven by the increasing consumption of instant food and applications such as drinks, jelly, canned meat, and others. In addition, the increased demand for sugar-free agar will also drive the growth of this market during the forecast period from 2021 to 2028.



Edible agar is a jelly-like substance obtained from algae. It appears as white flakes, powder, or strands and has no odor or flavor. Agar can be used as an ingredient in foods such as jellies, puddings (such as flan), custards (such as crème caramel), and cakes to maintain the shape of food items rather than using gelatin which tends to melt at room temperature. Edible agar is also called Kanten. Edible agar is obtained by boiling certain sea vegetables, usually red algae. The component that gives these organisms their color is a complex polysaccharide called Agarose which accumulates in the cell walls of the organism as they grow. It dissolves easily when heated and becomes gelatinous at around 50 °C.



On the basis of Type, the global edible agar market is segmented into sugar-free and sugar.



Sugar-Free:

Sugar-free agar is made without adding any sugar. It has high nutritional value and no-calorie content, making it a good substitute for people who want to lose weight or avoid diabetes and other health conditions related to refined sugars. Sugar-free agar gives the same texture as regular agar when heated up but can be more expensive than its counterpart because manufacturers have to use additional ingredients in order to achieve the desired consistency while keeping out all excess sugars during the production process.



Sugar:

Sugar agar is made with the addition of sugars like glucose, lactose, and sucrose to nutrient agar. It is used for growing bacteria that ferment sugar (fermentation type organisms). The presence of these sugars provides an excellent source of energy for bacterium growth on this medium. Sugar-free media are useful in testing for enzyme production by microorganisms since most enzymes act upon the added carbohydrate substrates which would not be present if they were absent from the medium.



On the basis of Application, the global edible agar market is segmented into drinks, jelly, canned meat, others.



Drinks:

Edible agar is used in the drinks manufacturing industry as a thickening agent, to increase the viscosity of beverages. In addition, it enhances mouthfeel and mouthfeel without changing the color or taste of products. Edible Agar acts as an emulsifying additive for food systems which brings stability against coalescence by adsorbing at oil-water interfaces and prevents fat droplets from separation during mixing with water.



Jelly:

Edible agar is primarily used in the manufacturing of jelly. It forms a gel after heating and cooling, which results in its widespread use as an additive to food items like cakes, chocolates, etc. Edible agar is used in the jelly manufacturing industry due to its ability to gel at room temperature. This property of edible agar saves the time and energy required for heating the mixture, which helps in increasing productivity and enhancing profitability.



Canned Meat:

Edible agar is used in canned meat to retain freshness and give an appealing texture. It enables the production of soft, tender, firm & lightly chewy textures by preventing syneresis (weeping) during storage. Some more applications include: - Used as a gelling agent in canned meat products. - Agar is usually used to replace gelatin, which has been banned by halal authorities for its slaughtering process that involves boiling or electrocution.



On the basis of Region, the global edible agar market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold the largest share of the market in 2018. The North American region holds a significant share in the global Edible Agar market. The increasing population and awareness about the health benefits of agar products are expected to fuel demand for edible agar over the next few years. The market analysis of edible agar in North America is segmented on the basis of application and region. The geography consists of countries such as the U.S., Canada, Mexico & the Rest Of North America (RoNA). Edible Agar Market By Application: Drinks, Jelly, Canned Meat, Other. Jelly is anticipated to be the most attractive application for edible agar in North America. The jelly segment of the market will keep growing, and it holds a significant share in the overall industry value. The market in Latin America has been segmented on the basis of application, which includes drinks and jelly. Edible agar powder is widely used as a thickener or stabilizer in various beverages such as juices & nectars, fruit-flavored soft drinks, etc. It also finds use in confectionery products like jellies, yogurt, ice cream along with canned food items like chicken soup, etc., thus fueling the growth of the edible agar market over the forecast period (2021–28).



Growth Factors For The Global Edible Agar Market:

The increasing adoption of vegan diets across various countries is one of the major factors that drive the demand for Edible Agar in the food industry. North America and Europe region have a high percentage of population following Vegan diet, this trend expected to drive growth in these regions over the next few years. Along with this, growing health concerns among consumers about sugar content present in drinks are also anticipated to fuel demand for sugar-free products which provides the opportunity for players operating within the edible agar market. Moreover increasing preference towards low-calorie foods due to increasing obesity rates worldwide would assist companies offering healthier alternatives such as sugar-free products to expand their market share.



Up Market Research published a new report titled “Edible Agar Market research report which is segmented by Types (Sugar-Free, Sugar), By Applications (Drinks, Jelly, Canned Meat, Other), By Players/Companies Marine Chemicals, B&V Agar, Hainan Sanqi, Anhui Suntran Chemical, Jiangsu Ruixue Haiyang, Medichem Kimya Sanayi, Agarmex, Hispanagar, Acroyali Holdings Qingdao, Industrias Roko, S.A, Wako, Fooding Group Limited, Foodchem International”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Edible Agar Market Research Report
By Type Sugar-Free, Sugar
By Application Drinks, Jelly, Canned Meat, Other
By Companies Marine Chemicals, B&V Agar, Hainan Sanqi, Anhui Suntran Chemical, Jiangsu Ruixue Haiyang, Medichem Kimya Sanayi, Agarmex, Hispanagar, Acroyali Holdings Qingdao, Industrias Roko, S.A, Wako, Fooding Group Limited, Foodchem International
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 231
Number of Tables & Figures 162
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Edible Agar Industry Outlook
 

Global Edible Agar Market Report Segments:

The market is segmented by Type Sugar-Free, Sugar and By Application Drinks, Jelly, Canned Meat, Other.

 

Some of the companies that are profiled in this report are:

  1. Marine Chemicals
  2. B&V Agar
  3. Hainan Sanqi
  4. Anhui Suntran Chemical
  5. Jiangsu Ruixue Haiyang
  6. Medichem Kimya Sanayi
  7. Agarmex
  8. Hispanagar
  9. Acroyali Holdings Qingdao
  10. Industrias Roko, S.A
  11. Wako
  12. Fooding Group Limited
  13. Foodchem International
 

Edible Agar Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Edible Agar Market
 

Overview of the regional outlook of the Edible Agar Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Edible Agar Market Overview
 

Highlights of The Edible Agar Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Edible Agar Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Sugar-Free

                2. Sugar

       7. By Application:

                1. Drinks

                2. Jelly

                3. Canned Meat

                4. Other

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Edible Agar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Edible Agar Market Statistics
 

Reasons to Purchase the Edible Agar Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edible Agar Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Edible Agar Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Edible Agar Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Edible Agar Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Edible Agar Market Size & Forecast, 2018-2028 
      4.5.1 Edible Agar Market Size and Y-o-Y Growth 
      4.5.2 Edible Agar Market Absolute $ Opportunity 


Chapter 5 Global Edible Agar Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Edible Agar Market Size Forecast by Type
      5.2.1 Sugar-Free
      5.2.2 Sugar
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Edible Agar Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Edible Agar Market Size Forecast by Applications
      6.2.1 Drinks
      6.2.2 Jelly
      6.2.3 Canned Meat
      6.2.4 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Edible Agar Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Edible Agar Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Edible Agar Analysis and Forecast
   9.1 Introduction
   9.2 North America Edible Agar Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Edible Agar Market Size Forecast by Type
      9.6.1 Sugar-Free
      9.6.2 Sugar
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Edible Agar Market Size Forecast by Applications
      9.10.1 Drinks
      9.10.2 Jelly
      9.10.3 Canned Meat
      9.10.4 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Edible Agar Analysis and Forecast
   10.1 Introduction
   10.2 Europe Edible Agar Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Edible Agar Market Size Forecast by Type
      10.6.1 Sugar-Free
      10.6.2 Sugar
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Edible Agar Market Size Forecast by Applications
      10.10.1 Drinks
      10.10.2 Jelly
      10.10.3 Canned Meat
      10.10.4 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Edible Agar Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Edible Agar Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Edible Agar Market Size Forecast by Type
      11.6.1 Sugar-Free
      11.6.2 Sugar
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Edible Agar Market Size Forecast by Applications
      11.10.1 Drinks
      11.10.2 Jelly
      11.10.3 Canned Meat
      11.10.4 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Edible Agar Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Edible Agar Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Edible Agar Market Size Forecast by Type
      12.6.1 Sugar-Free
      12.6.2 Sugar
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Edible Agar Market Size Forecast by Applications
      12.10.1 Drinks
      12.10.2 Jelly
      12.10.3 Canned Meat
      12.10.4 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Edible Agar Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Edible Agar Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Edible Agar Market Size Forecast by Type
      13.6.1 Sugar-Free
      13.6.2 Sugar
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Edible Agar Market Size Forecast by Applications
      13.10.1 Drinks
      13.10.2 Jelly
      13.10.3 Canned Meat
      13.10.4 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Edible Agar Market: Competitive Dashboard
   14.2 Global Edible Agar Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Marine Chemicals
      14.3.2 B&V Agar
      14.3.3 Hainan Sanqi
      14.3.4 Anhui Suntran Chemical
      14.3.5 Jiangsu Ruixue Haiyang
      14.3.6 Medichem Kimya Sanayi
      14.3.7 Agarmex
      14.3.8 Hispanagar
      14.3.9 Acroyali Holdings Qingdao
      14.3.10 Industrias Roko, S.A
      14.3.11 Wako
      14.3.12 Fooding Group Limited
      14.3.13 Foodchem International
Segments Covered in the Report
The global Edible Agar market has been segmented based on

By Types
  • Sugar-Free
  • Sugar
By Applications
  • Drinks
  • Jelly
  • Canned Meat
  • Other
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Marine Chemicals
  • B&V Agar
  • Hainan Sanqi
  • Anhui Suntran Chemical
  • Jiangsu Ruixue Haiyang
  • Medichem Kimya Sanayi
  • Agarmex
  • Hispanagar
  • Acroyali Holdings Qingdao
  • Industrias Roko, S.A
  • Wako
  • Fooding Group Limited
  • Foodchem International

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