
Report ID: SQMIG30H2197
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Agar Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Agar industry players.
Agar providers should focus on increasing awareness regarding their offerings to maximize their sales in the long run. Targeting countries with high vegan population is a key strategy for all companies as per this global agar market analysis.
Startups are focusing on developing new product formulations using agar to maximize their business scope and compete with established players. Here are a few startups that could influence the sales of agar in the long run.
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Global Agar Market size was valued at USD 288.7 Million in 2023 and is poised to grow from USD 303.42 Million in 2024 to USD 451.72 Million by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).
Agar providers should focus on increasing awareness regarding their offerings to maximize their sales in the long run. Targeting countries with high vegan population is a key strategy for all companies as per this global agar market analysis. 'Green Fresh (China)', 'Fujian Global Ocean Biotechnology (China)', 'Shantou Chenghai District Agar Glue Factory (China)', 'Global BioIngredients (Canada)', 'Huey shyang (Taiwan)', 'Fuli Agar Factory (China)', 'Mingfu Fujian Agar Co. (China)', 'Agar Brasileiro (Brazil)', 'Marine Hydrocolloids (Chile)', 'Sobigel (France)', 'Kingyen (China)', 'B&V Agar (Spain)', 'Iberagar (Portugal)', 'ROKO (France)', 'Agarmex (Mexico)', 'Hispanagar (Spain)', 'Taike Biotechnology (China)', 'Fujian Wuyi Feiyan Agar (China)'
Use of agar in the pharmaceutical industry as a laxative, emulsifier, and stabilizing agent is increasing rapidly. It serves as a base for growing microbial cultures in laboratories, especially in microbiology. Its inert and non-toxic nature makes it suitable for capsules and tablets, offering a natural alternative to synthetic excipients. Increasing R&D in life sciences and the growing demand for microbiological testing in pharmaceuticals, biotechnology, and diagnostics are projected to bolster the global agar market outlook.
Surge in Plant-Based and Vegan Product Integration: Agar is increasingly favored in plant-based, vegan, and vegetarian product lines as a natural alternative to gelatin. Consumers are actively seeking clean-label, animal-free ingredients across food, cosmetics, and supplements. As ethical consumption grows, manufacturers are reformulating products to meet vegan and halal certifications. This agar market trend is accelerating agar’s integration into vegan gummies, dairy alternatives, and cruelty-free skincare.
Why Agar Vendors are Interested in the North American Region?
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