Agar Market Size

SkyQuest Technology's Agar market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Agar Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Agar Market Insights

Global Agar Market size was valued at USD 290.1 million in 2023 and is poised to grow from USD 307.51 million in 2024 to USD 490.12 million by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032).

Growing demand for agar in the food industry, rising adoption of vegan and plant-based lifestyle trends, growing adoption in cosmetics and personal care, and sustainable availability of raw material source are helping boost agar sales.

The growing use of agar as a vegetarian alternative to gelatin is significantly driving its demand in the food industry. Consumers globally are shifting towards plant-based, vegan, and organic products, positioning agar as a preferred ingredient. The cosmetics industry is increasingly incorporating agar into skincare and beauty products due to its gelling, thickening, and moisture-retaining properties. Agar is extracted from red algae such as Gelidium and Gracilaria, which are renewable and abundantly available in marine environments. This sustainability aspect supports the growing preference for environmentally friendly raw materials in food and biotech industries.

On the contrary, seasonal and geographic dependence on raw materials, high production and processing costs, availability of substitutes, and regulatory and quality standards are slated to impede the global agar market growth across the forecast period and beyond.

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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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Global Agar Market
Agar Market

Report ID: SQMIG30H2197

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