Report : Asia Pacific Agar-Agar Market – Forecast to 2028 – COVID-19 Impact and Analysis – by Form (Flakes, Powder, and Others) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, and Others)
Food & Beverages Segment to Dominate Asia Pacific Agar-Agar market Forecast to 2028 during 2019–2028
According to a new market research study on “The Asia Pacific Agar-Agar market Forecast to 2028 –– by device, application vertical and countries is expected to reach US$ 181,423.10 thousand by 2028 from US$ 125,902.84 thousand in 2021. The market is estimated to grow at a CAGR of 5.4 % from 2021 to 2028. The report provides trends prevailing in the Asia Pacific Agar-Agar market along with the drivers and restraints pertaining to the market growth. Surging demand for agar-agar in food & beverages industry is the major factor driving the growth of the Asia Pacific Agar- Agar market. However, issues associated with limited supply of raw material the growth of the Asia Pacific Agar-Agar market
The Asia Pacific Agar-Agar market segmented into form, application and country. Based on form the Asia Pacific Agar-Agar market is segmented into flask, powder and others. The powder segment is dominated Asia Pacific Agar-Agar market in 2020.Based on application the Asia Pacific Agar-Agar market segmented into food & beverages, pharmaceutical & neutraceutical and others. The food & beverages segment Asia Pacific Agar-Agar market Dominated in 2020. Based on Country, The Asia Pacific Agar-Agar market segmented into China, India, South Korea, Japan, Australia and Rest of Asia Pacific. The China is dominated the Asia Pacific Agar-Agar market in 2020.
Gino Biotech,CV. Agar SARI Jaya,P.T AGAR Swallow, Hugestone Enterprise CO.LTD, JUSTCHEM International, Meron Group,Pt. agarindo Bogatama, Pt kappa carrageenan Nusantara, Pt Surya indoalgas and Rolands food are among the leading companies in the Asia Pacific Agar-Agar market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in dynamic market.
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