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Showing posts with the label Agar-Agar Gum Market Trend

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 th...