Food & Beverages Segment to Dominate North America Agar-Agar market Forecast to 2028 during 2019–2028

 

According to a new market research study on the North America Agar-Agar market Forecast to 2028 –– by device, application vertical and countries is expected to reach US$ 99,004.00 thousand by 2028 from US$ 71,366.52 thousand in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the North America 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 North America Agar- Agar market. However, issues associated with limited supply of raw material the growth of North America Agar-Agar market.

 

The North America Agar-Agar market segmented into form, application and country. Based on form the North America Agar-Agar market is segmented into flask, powder and others. The powder segment is dominated North America Agar-Agar market in 2020.Based on application the North America Agar-Agar market segmented into food & beverages, pharmaceutical & neutraceutical and others. The food & beverages segment North America Agar-Agar market Dominated in 2020. Based on country, The North America Agar-Agar market segmented into US, Mexico, Canada. The US  is dominated the North America Agar-Agar market in 2020.

 

P.T AGAR Swallow, Hugestone Enterprise CO.LTD,JUSTCHEM International, Meron Group, Pt. agarindo Bogatama, Pt Surya indoalgas and Rolands food are among the leading companies in the North America 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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