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The global agar market size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is being driven by the expansion of the food and beverage sector and the robust growth of the pharmaceutical sector.
Base Year
Historical Year
Forecast Year
Global Agar Market Report Summary | Description | Value |
Base Year | USD Million | 2024 |
Historical Period | USD Million | 2018-2024 |
Forecast Period | USD Million | 2025-2034 |
Market Size 2024 | USD Million | XX |
Market Size 2034 | USD Million | XX |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 5.60% |
CAGR 2025-2034 - Market by Region | Asia Pacific | 6.4% |
CAGR 2025-2034 - Market by Country | India | 7.3% |
CAGR 2025-2034 - Market by Country | China | 6.1% |
CAGR 2025-2034 - Market by Industry Vertical | Biotechnology | 6.3% |
CAGR 2025-2034 - Market by Distribution Channel | Online | 8.9% |
Market Share by Country 2024 | Germany | 4.5% |
The net cumulative pharmaceutical market is projected to increase by USD 500 billion from 2020 to 2027. The highest growth in pharmaceutical volume is anticipated in Latin America, Asia, and Africa. Agar is a crucial component in the pharmaceutical sector, primarily utilised as a culture medium in microbiology. Its distinctive gelling characteristics make it suitable for the cultivation of bacteria, fungi, and other microorganisms for research, quality assurance, and diagnostic applications. The stability of agar across a broad temperature range ensures dependable growth conditions for sensitive microbiological assessments. Furthermore, agar is employed in the production of capsules, offering a vegan-friendly substitute for animal-derived gelatin, thus addressing the increasing demand for plant-based alternatives in pharmaceuticals and dietary supplements.
As per the agar market analysis, in 2022, the global fast-food sector achieved a significant milestone, with sales totalling USD 731.65 billion, indicating a strong growth trend anticipated to persist until 2031. Within the fast-food sector, agar is being utilised more frequently as a natural thickening and stabilising agent, particularly in sauces, dressings, and desserts. It imparts a smooth, gel-like consistency to products such as jelly toppings, frozen desserts, and vegan options. As a plant-derived alternative, agar meets the increasing demand for healthier, vegetarian choices, thereby improving product stability and attractiveness in the fast-food market.
The agar market growth can be attributed to the rising demand for agar in the food sector, the increasing preference for vegan and vegetarian diets, the rising application of agar in the cosmetics sector, and the expansion of the pharmaceutical sector
One of the notable agar market trends is the expansion of the food sector. The gelling, thickening, and stabilising characteristics of agar render it highly sought after in various food applications, including jellies, candies, and desserts, thereby propelling its demand within the food processing sector.
Agar serves as a plant-based alternative to gelatin, gaining traction among vegan and vegetarian consumers, which results in heightened incorporation into food products designed for these dietary choices.
Agar is extensively utilised in the pharmaceutical sector for the production of capsules and microbiological culture media. This contributes to increased demand as the pharmaceutical sector experiences robust growth.
Due to its thickening and stabilising properties, agar is well-suited for cosmetic formulations, enhancing its application in creams, lotions, and masks, in alignment with the growth trends observed in the beauty sector.
The agar market is experiencing robust growth, primarily fuelled by the increasing demand for natural, plant-derived gelling agents across multiple sectors. In the food and beverage sector, agar is gaining traction as a vegan-friendly substitute for gelatin, reflecting the rising consumer inclination towards plant-based diets. The pharmaceutical and biotechnology sectors also play a crucial role, utilising agar as a culture medium for microbiological purposes. Furthermore, the cosmetic sector utilises agar for its thickening and stabilising attributes in skincare formulations. Current market trends indicate a movement towards sustainable and eco-conscious ingredients, enhancing agar’s status as a natural, biodegradable choice. Advances in extraction techniques and product innovation, including the introduction of flavoured and coloured agar variants, are further broadening agar’s applications and global appeal.
The EMR’s report titled “Global Agar Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Form:
Market Breakup by Industry Vertical:
Market Breakup by Distribution Channel:
Market Breakup by Region:
Based on the distribution channel, the market is segmented into offline and online. The online segment is projected to grow at a CAGR of 8.9% during the forecast period of 2025-2034. The expansion of online channels has enhanced the accessibility of agar, enabling consumers and businesses worldwide to conveniently acquire agar-based products.
CAGR 2025-2034 - Market by | Country |
India | 7.3% |
China | 6.1% |
USA | 4.9% |
Australia | 4.4% |
France | 4.3% |
Canada | XX% |
UK | XX% |
Germany | XX% |
Italy | 3.9% |
Japan | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
Market players are focusing on sustainable plantation methods to gain a competitive edge in the agar market.
The company was established in 1944 and is based in Mexico. Agarmex specialises in the production of agar-agar, a hydrocolloid derived from seaweed, which has a wide range of applications in both the food sector and microbiology.
Founded in 1982 and based in Kerala, India, Meron Group is dedicated to the production of agar and various hydrocolloids. The company caters to sectors such as food, pharmaceuticals, and biotechnology, emphasising quality and sustainability in its offerings.
Founded in 1949 and headquartered in Burgos, Spain, HISPANAGAR S.A. is a prominent manufacturer of agar. The company specialises in high-purity agar production for the food, biotechnology, and microbiology sectors throughout Europe and beyond.
Established in 1988 and situated in Jakarta, Indonesia, PT. Agarindo Bogatama is a significant producer of agar with a robust presence in the international market. The company is committed to supplying high-quality agar for applications in the food, pharmaceuticals, and microbiology sectors.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other major players in the agar market are MSC Co.,Ltd., Zhenpai (Fujian) Hydrocolloids Co., Ltd., ROKO, SETEXAM, HiMedia Laboratories Pvt. Ltd., and B&V srl, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is assessed to grow at a CAGR of 5.60% between 2025 and 2034.
The major drivers of the market are the rising demand for agar in the food sector, the increasing trend of veganism and vegetarianism, and the expansion of the pharmaceutical sector.
As per the EMR report, the different distribution channels in the market are online and offline.
The different industry verticals in the market are food and beverage, pharmaceutical, biotechnology, cosmetics, and healthcare, among others.
The different forms of agar in the market are strips, powder, and flakes, among others.
The major regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major players in the market are Agarmex, S.A. de C.V., MSC Co.,Ltd., Zhenpai (Fujian) Hydrocolloids Co., Ltd., ROKO, Meron Group, HISPANAGAR S.A., PT. Agarindo Bogatama, SETEXAM, HiMedia Laboratories Pvt. Ltd., and B&V srl, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Form |
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Breakup by Industry Vertical |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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