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Agar-Agar Gum Market SWOT Analysis of Top Key Player Forecasts To 2025

Shifting consumer preference towards animal-free products and popularity of dairy-based products to maintain healthy diets has resulted in significant market growth. The Global Agar-Agar Gum Market is anticipated to reach USD 345.3 million by 2025, according to a new report by Grand View Research, Inc.


The industry is also responsible for employment generation especially for people dwelling in coastal villages where seaweed collection forms an important component of their income. The activity is crucial for rural women who do not actively participate in mainstream fishing.

Technological advancements have supported the industry as well, with the introduction of metal scrapers that may be utilized to harvest larger quantities of seaweed with less effort. Additionally, new methods & processes have been introduced to extract agar from seaweed along with other techniques for cleaning, pre-treatment, filtration & gelation, and dewatering.

Agar powders occupied over 90% of the volume share in 2015. Creative cooking methods have also paved new growth avenues for molecular gastronomy applications, with powdered gum being dissolved in boiling aqueous liquids to create unique dishes. Textured foods such as pearls and spaghetti gels, along with foamed products are important drivers for this segment.

To Know More About Agar-Agar Gum Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/global-agar-agar-gum-market

Top Players of Agar-Agar Gum Market:

Key industry participants consist of Myeong Shin Agar, Meron Group, Marine Science Co. Ltd., Indoalgas, Able Sales Company, Orient Resources Company and Central Drug House (P) Ltd.

Market Segmentation of Agar-Agar Gum Market:

The Global Agar-Agar Gum Market segmented on the basis of Product, Application and Region.

By Product:

    Powder
    Strip
    Square

By Application:

    Confectioneries
    Bakery & Pastry
    Retail
    Meat
    Microbiological & Molecular

By Region:

    North America
    Europe
    Asia Pacific
    Middle East and Africa
    Central & South America

Inquire about Agar-Agar Gum Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1620

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