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)

Code: BMIRE00025111 | Pages: 46 | Industry: Food and Beverages | Date: Jun 2022 | Type: Regional

The Asia Pacific Agar-Agar market value 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% during 2021–2028.

 

Manufacturers of Agar-Agar are significantly investing in research and development to develop new products and improve existing products. These companies are adopting product innovation strategies to differentiate their brands from competitor brands and boost their revenues by fulfilling the majority of requirements of potential consumers. For instance, in July 2019, Gelita AG developed Agar-Agar sheets that contain pure Agar-Agar. Previously, plant-based Agar-Agar was only available in powder form, typically in combination with other gelling agents. Further, Gelita AG produced Agar-Agar sheets by employing a novel production method; the product outperforms powdered or flaked Agar-Agar in various ways. Each sheet has a precise and consistent gelling strength, making it easy to use in various recipes. Such innovations are projected to offer lucrative growth opportunities to the Asia Pacific Agar-Agar market players over the forecast period. The Asia Pacific Agar-Agar market is expected to grow at a good CAGR during the forecast period.

 

Asia Pacific Agar-Agar Revenue and Forecast to 2028 (US$ Thousand)

Asia Pacific Agar-Agar Revenue and Forecast to 2028 (US$ Thousand)

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Asia Pacific Agar-Agar Market Segmentation    

The Asia Pacific Agar-Agar market is segmented on the basis of form, application, and country. Based on form, the market is segmented into flask, powder, and others. The powder segment dominated the Asia Pacific Agar-Agar market in 2020. Based on application, the Asia Pacific Agar-Agar market is segmented into food & beverages, pharmaceutical & nutraceutical, and others. The food & beverages segment held the largest share of the market 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.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis Formulation:

3.2.4        Macro-economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

3.2.7        Country Level Data:

4.           APAC Agar-Agar Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.2.1        Bargaining Power of Suppliers

4.2.2        Bargaining Power of Buyers

4.2.3        Threat of New Entrants

4.2.4        Competitive Rivalry

4.2.5        Threat of Substitutes

4.3         Expert Opinion

4.3.1        Raw Material

4.3.2        Manufacturing/Processing

4.3.3        Packaging

5.           APAC Agar-Agar Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Surging Demand for Agar-Agar in Food & Beverages Industry

5.1.2        Growing Applications in Pharmaceuticals and Nutraceuticals

5.2         Market Restraints

5.2.1        Limited Supply of Raw Material

5.3         Market Opportunities

5.3.1        Product Developments

5.4         Future Trends

5.4.1        Rising Veganism Trend

5.5         Impact Analysis of Drivers and Restraints

6.           APAC Agar-Agar – APAC Market Analysis

6.1         Agar-Agar Market Overview

6.2         Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

7.           APAC Agar-Agar Market Analysis – By Form

7.1         Overview

7.2         Agar-Agar Market, By Form (2020 and 2028)

7.3         Flakes

7.3.1        Overview

7.3.2        Flakes: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

7.3.3        Flakes: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

7.4         Powder

7.4.1        Overview

7.4.2        Powder: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

7.4.3        Powder: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

7.5         Others

7.5.1        Overview

7.5.2        Others: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

7.5.3        Others: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.           APAC Agar-Agar Market Analysis – By Application

8.1         Overview

8.2         Agar-Agar Market, By Application (2020 and 2028)

8.3         Food & Beverages

8.3.1        Overview

8.3.2        Food & Beverages: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.3.3        Food & Beverages: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.3.3.1          Bakery and Confectionery: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.3.3.2          Bakery and Confectionery: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.3.3.3          Beverages: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.3.3.4          Beverages: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.3.3.5          Dairy and Frozen Desserts: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.3.3.6          Dairy and Frozen Desserts: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.3.3.7          Others: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.3.3.8          Others: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.4         Pharmaceuticals & Nutraceuticals

8.4.1        Overview

8.4.2        Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.4.3        Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

8.5         Others

8.5.1        Overview

8.5.2        Others: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Thousand)

8.5.3        Others: Agar-Agar Market – Volume and Forecast to 2028 (Tons)

9.           APAC Agar-Agar Market – Country Analysis

9.1         Asia-Pacific

9.1.1        Asia Pacific: Agar-Agar Market, by Key Country

9.1.1.1          China: Agar-Agar Market –Analysis and Forecast to 2028

9.1.1.1.1          China: Agar-Agar Market, by Form

9.1.1.1.2          China: Agar-Agar Market, by Application

9.1.1.2          Japan: Agar-Agar Market –Analysis and Forecast to 2028

9.1.1.2.1          Japan: Agar-Agar Market, by Form

9.1.1.2.2          Japan: Agar-Agar Market, by Application

9.1.1.3          India: Agar-Agar Market –Analysis and Forecast to 2028

9.1.1.3.1          India: Agar-Agar Market, by Form

9.1.1.3.2          India: Agar-Agar Market, by Application

9.1.1.4          South Korea: Agar-Agar Market –Analysis and Forecast to 2028

9.1.1.4.1          South Korea: Agar-Agar Market, by Form

9.1.1.4.2          South Korea: Agar-Agar Market, by Application

9.1.1.5          Australia: Agar-Agar Market –Analysis and Forecast to 2028

9.1.1.5.1          Australia: Agar-Agar Market, by Form

9.1.1.5.2          Australia: Agar-Agar Market, by Application

9.1.1.6          Rest of Asia-Pacific: Agar-Agar Market –Analysis and Forecast to 2028

9.1.1.6.1          Rest of Asia-Pacific: Agar-Agar Market, by Form

9.1.1.6.2          Rest of Asia-Pacific: Agar-Agar Market, by Application

10.        Company Profiles

10.1      GINO BIOTECH

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2      CV. AGAR SARI JAYA

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3      PT. Agar Swallow

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4      HUGESTONE ENTERPRISE CO., LTD

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5      JUSTCHEM INTERNATIONAL LIMITED

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6      Meron Group

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products and Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.6.6     Key Developments

10.7      PT. AGARINDO BOGATAMA

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.7.6     Key Developments

10.8      PT Kappa Carrageenan Nusantara

10.8.1     Key Facts

10.8.2     Business Description

10.8.3     Products and Services

10.8.4     Financial Overview

10.8.5     SWOT Analysis

10.8.6     Key Developments

10.9      PT SURYA INDOALGAS

10.9.1     Key Facts

10.9.2     Business Description

10.9.3     Products and Services

10.9.4     Financial Overview

10.9.5     SWOT Analysis

10.9.6     Key Developments

10.10   ROLAND FOODS, LLC

10.10.1  Key Facts

10.10.2  Business Description

10.10.3  Products and Services

10.10.4  Financial Overview

10.10.5  SWOT Analysis

10.10.6  Key Developments

11.        Appendix

11.1      About The Insight Partners

11.2      Word Index

 


LIST OF TABLES

Table 1.             APAC Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Table 2.             China Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 3.             China Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)

Table 4.             China Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 5.             China Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)

Table 6.             Japan Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 7.             Japan Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)

Table 8.             Japan Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 9.             Japan Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)

Table 10.          India Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 11.          India Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)

Table 12.          India Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 13.          India Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)

Table 14.          South Korea Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 15.          South Korea Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)

Table 16.          South Korea Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 17.          South Korea Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)

Table 18.          Australia Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 19.          Australia Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)

Table 20.          Australia Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 21.          Australia Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)

Table 22.          Rest of Asia-Pacific Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 23.          Rest of Asia-Pacific Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)

Table 24.          Rest of Asia-Pacific Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)

Table 25.          Rest of Asia-Pacific Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)

Table 26.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           APAC Agar-Agar Market Segmentation

Figure 2.           APAC Agar-Agar Market Segmentation – By Country

Figure 3.           APAC Agar-Agar Market Overview

Figure 4.           APAC Agar-Agar Market: By Form

Figure 5.           APAC Agar-Agar Market: By Country

Figure 6.           APAC Porter's Five Forces Analysis

Figure 7.           APAC Expert Opinion

Figure 8.           APAC Value Chain: Agar-Agar

Figure 9.           APAC Agar-Agar Market Impact Analysis of Drivers and Restraints

Figure 10.        APAC : Agar-Agar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        APAC Agar-Agar Market Revenue Share, By Form (2020 and 2028)

Figure 12.        APAC Flakes: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 13.        APAC Flakes: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 14.        APAC Powder: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 15.        APAC Powder: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 16.        APAC Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 17.        APAC Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 18.        APAC Agar-Agar Market Revenue Share, By Application (2020 and 2028)

Figure 19.        APAC Food & Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 20.        APAC Food & Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 21.        APAC Bakery and Confectionery: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 22.        APAC Bakery and Confectionery: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 23.        APAC Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 24.        APAC Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 25.        APAC Dairy and Frozen Desserts: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 26.        APAC Dairy and Frozen Desserts: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 27.        APAC Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 28.        APAC Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 29.        APAC Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 30.        APAC Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 31.        APAC Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 32.        APAC Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 33.        Asia Pacific: Agar-Agar Market Revenue Share, by Key Country (2020 and 2028)

Figure 34.        China: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 35.        China: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 36.        Japan: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 37.        Japan: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 38.        India: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 39.        India: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 40.        South Korea: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 41.        South Korea: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 42.        Australia: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 43.        Australia: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 44.        Rest of Asia-Pacific: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 45.        Rest of Asia-Pacific: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

  1. Gino Biotech.
  2. CV. Agar SARI Jaya.
  3. P.T AGAR Swallow.
  4. Hugestone Enterprise CO.LTD.
  5. JUSTCHEM International.
  6. Meron Group.
  7. Pt. agarindo Bogatama.
  8. Pt kappa carrageenan Nusantara.
  9. Pt Surya indoalgas.
  10. Rolands food.
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