Middle East & Africa 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)
Middle East & Africa 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)
The Middle East & Africa Agar-Agar market value is expected to reach US$ 23,430.18 thousand by 2028 from US$ 17,574.61 thousand in 2021. The regional market is estimated to grow at a CAGR of 4.2% from 2021 to 2028. The trend of veganism is growing rapidly across the Middle East & Africa. People prefer plant-based foodstuffs due to increasing awareness regarding animal protection and environmental sustainability. Thus, with the growing trend of veganism and increasing demand for plant-based food products, the Middle East & Africa Agar-Agar market is expected to grow at a notable CAGR during the forecast period.
Middle East & Africa Agar-Agar Revenue and Forecast to 2028 (US$ Thousand)
Middle East & Africa Agar-Agar Market Segmentation
The Middle East & Africa 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 Middle East & Africa Agar-Agar market in 2020. Based on application, the Middle East & Africa 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 Middle East & Africa Agar-Agar market segmented into South Africa, Saudi Arabia, UAE and Rest of Middle East & Africa. The Rest of Middle East & Africa is dominated the Middle East & Africa Agar-Agar market in 2020.
Hugestone Enterprise CO.LTD, JUSTCHEM International, Meron Group, Pt Surya indoalgas and Rolands food are among the leading companies in the Middle East & Africa 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. MEA Agar-Agar Market Landscape
4.1 Market Overview
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. MEA 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. MEA Agar-Agar – MEA Market Analysis
6.1 MEA Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
7. MEA 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. MEA 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. MEA Agar-Agar Market – Country Analysis
9.1 Middle East and Africa: Agar-Agar Market
9.1.1 Middle East and Africa: Agar-Agar Market, by Key Country
9.1.1.1 South Africa: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.1.1 South Africa: Agar-Agar Market, by Form
9.1.1.1.2 South Africa: Agar-Agar Market, by Application
9.1.1.2 Saudi Arabia: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.2.1 Saudi Arabia: Agar-Agar Market, by Form
9.1.1.2.2 Saudi Arabia: Agar-Agar Market, by Application
9.1.1.3 UAE: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.3.1 UAE: Agar-Agar Market, by Form
9.1.1.3.2 UAE: Agar-Agar Market, by Application
9.1.1.4 Rest of the Middle East and Africa: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.4.1 Rest of the Middle East and Africa: Agar-Agar Market, by Form
9.1.1.4.2 Rest of the Middle East and Africa: Agar-Agar Market, by Application
10. Company Profiles
10.1 HUGESTONE ENTERPRISE CO., LTD
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 JUSTCHEM INTERNATIONAL LIMITED
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 Meron Group
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 PT SURYA INDOALGAS
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 ROLAND FOODS, LLC
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
11. Appendix
11.1 About The Insight Partners
11.2 Word Index
LIST OF TABLES
Table 1. MEA Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Middle East and Africa Agar-Agar Market Revenue Share, by Key Country (2020 and 2028)
Table 3. South Africa Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 4. South Africa Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 5. South Africa Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 6. South Africa Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 7. Saudi Arabia Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Saudi Arabia Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 9. Saudi Arabia Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 10. Saudi Arabia Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 11. UAE Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 12. UAE Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 13. UAE Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 14. UAE Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 15. Rest of the Middle East and Africa Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 16. Rest of the Middle East and Africa Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 17. Rest of the Middle East and Africa Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Rest of the Middle East and Africa Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Agar-Agar Market Segmentation
Figure 2. MEA Agar-Agar Market Segmentation – By Country
Figure 3. MEA Agar-Agar Market Overview
Figure 4. MEA Agar-Agar Market: By Form
Figure 5. MEA Agar-Agar Market: By Country
Figure 6. MEA Agar-Agar Market, Key Market Players
Figure 7. MEA Porter's Five Forces Analysis
Figure 8. MEA Expert Opinion
Figure 9. MEA Value Chain: Agar-Agar
Figure 10. MEA Agar-Agar Market Impact Analysis of Drivers and Restraints
Figure 11. MEA: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Agar-Agar Market Revenue Share, By Form (2020 and 2028)
Figure 13. MEA Flakes: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. MEA Flakes: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 15. MEA Powder: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. MEA Powder: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 17. MEA Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. MEA Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 19. MEA Agar-Agar Market Revenue Share, By Application (2020 and 2028)
Figure 20. MEA Food & Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 21. MEA Food & Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 22. MEA Bakery and Confectionery: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. MEA Bakery and Confectionery: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 24. MEA Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. MEA Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 26. MEA Dairy and Frozen Desserts: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 27. MEA Dairy and Frozen Desserts: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 28. MEA Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 29. MEA Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 30. MEA Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 31. MEA Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 32. MEA Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 33. MEA Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 34. South Africa: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 35. South Africa: Agar-Agar Market –Volume and Forecast to 2028 (Tons)
Figure 36. Saudi Arabia: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 37. Saudi Arabia: Agar-Agar Market –Volume and Forecast to 2028 (Tons)
Figure 38. UAE: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 39. UAE: Agar-Agar Market –Volume and Forecast to 2028 (Tons)
Figure 40. Rest of the Middle East and Africa: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 41. Rest of the Middle East and Africa: Agar-Agar Market –Volume and Forecast to 2028 (Tons)
- Hugestone Enterprise CO.LTD.
- JUSTCHEM International.
- Meron Group.
- Pt Surya indoalgas.
- Rolands food.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa Agar-Agar market forecast.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa Agar-Agar market forecast, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the agar-agar market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.