North America 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)

BMIRE00025119 | Pages: 42 | Food and Beverages | Jun 2022 | Type: Regional | Status: Published

The North America Agar-Agar market value 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.

 

Agar-Agar is a hydrocolloid extracted from red seaweed. It is used as a stabilizer, thickener, and gelling agent in the food industry. The hydrocolloid is mainly used as a vegetarian substitute for gelatin due to its excellent gelling properties and temperature stability. It has a higher melting point than other gelling agents and is commonly available in powder, flakes, and threads format. Agar-Agar improves dough stability, retains moisture, and extends the shelf life of bakery products. It is used in icings, glazes, and pie fillings. It is used as a gelling and thickening agent in candies, jellies, jam and marmalade, and meringues; a clarifying and refining agent in beverages such as beer, fruit juices, and wine; and a stabilizer in dairy products such as yogurt, ice cream, and pudding. It has a low calorific value and can be employed in low-calorie foods and beverages. The North America Agar-Agar market is expected to grow at a notable CAGR during the forecast period.

 

North America Agar-Agar Revenue and Forecast to 2028 (US$ Thousand)

North America Agar-Agar Revenue and Forecast to 2028 (US$ Thousand)

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North America Agar-Agar Market Segmentation

The North America 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 North America agar-agar market in 2020. Based on application, the North America 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 North America agar-agar market is segmented into the US, Mexico, and Canada. The US dominated the 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.

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.           North America 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.           North America 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.           Agar-Agar – North America Market Analysis

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

7.           North America 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.           North America 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.           North America Agar-Agar Market – Country Analysis

9.1         North America: Agar-Agar Market

9.1.1        North America: Agar-Agar Market, by Key Country

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

9.1.1.1.1          US: Agar-Agar Market, by Form

9.1.1.1.2          US: Agar-Agar Market, by Application

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

9.1.1.2.1          Canada: Agar-Agar Market, by Form

9.1.1.2.2          Canada: Agar-Agar Market, by Application

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

9.1.1.3.1          Mexico: Agar-Agar Market, by Form

9.1.1.3.2          Mexico: Agar-Agar Market, by Application

10.        Company Profiles

10.1      PT. Agar Swallow

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      HUGESTONE ENTERPRISE CO., LTD

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      JUSTCHEM INTERNATIONAL LIMITED

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      Meron Group

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      PT. AGARINDO BOGATAMA

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      PT SURYA INDOALGAS

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      ROLAND FOODS, LLC

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

11.        Appendix

11.1      About The Insight Partners

11.2      Word Index

 


LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Agar-Agar Market Segmentation

Figure 2.           North America Agar-Agar Market Segmentation – By Country

Figure 3.           North America Agar-Agar Market Overview

Figure 4.           North America Agar-Agar Market: By Form

Figure 5.           North America Agar-Agar Market: By Country

Figure 6.           North America Agar-Agar Market, Key Market Players

Figure 7.           North America Porter's Five Forces Analysis

Figure 8.           North America Expert Opinion

Figure 9.           North America Value Chain: Agar-Agar

Figure 10.        North America Agar-Agar Market Impact Analysis of Drivers and Restraints

Figure 11.        North America: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        North America Agar-Agar Market Revenue Share, By Form (2020 and 2028)

Figure 13.        North America Flakes: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 14.        North America Flakes: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 15.        North America Powder: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 16.        North America Powder: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 17.        North America Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 18.        North America Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 19.        North America Agar-Agar Market Revenue Share, By Application (2020 and 2028)

Figure 20.        Food & Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 21.        North America Food & Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 22.        North America Bakery and Confectionery: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 23.        North America Bakery and Confectionery: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 24.        North America Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 25.        North America Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 26.        North America Dairy and Frozen Desserts: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 27.        North America Dairy and Frozen Desserts: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 28.        North America Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 29.        Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 30.        North America Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 31.        North America Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 32.        North America Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)

Figure 33.        North America : Agar-Agar Market – Volume and Forecast To 2028 (Tons)

Figure 34.        North America: Agar-Agar Market Revenue Share, by Key Country (2020 and 2028)

Figure 35.        US: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 36.        US: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 37.        Canada: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 38.        Canada: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

Figure 39.        Mexico: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)

Figure 40.        Mexico: Agar-Agar Market –Volume and Forecast to 2028 (Tons)

  1. P.T AGAR Swallow.
  2. Hugestone Enterprise CO.LTD.
  3. JUSTCHEM International.
  4. Meron Group.
  5. Pt. agarindo Bogatama.
  6. Pt Surya indoalgas.
  7. Rolands food.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America 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.
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