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. Hugestone Enterprise CO.LTD.
2. JUSTCHEM International.
3. Meron Group.
4. Pt Surya indoalgas.
5. Rolands food.

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