South 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)
The South America Agar-Agar market value is expected to reach US$ 27,518.98 thousand by 2028 from US$ 19,484.19 thousand in 2021. The regional market is estimated to grow at a CAGR of 5.1% during 2021–2028.
The trend of veganism is growing rapidly in South America. People prefer food products containing ingredients sourced from plants due to increasing awareness regarding animal protection and environmental sustainability. According to data published by Veganuary, a nonprofit organization encouraging individuals to go vegan for the whole month of January, ~400,000 people in South America signed up for the Veganuary Campaign in 2020. Thus, with the growing trend of veganism and increasing demand for plant-based food products, the South America Agar-Agar market is expected to grow at a good CAGR during the forecast period.
South America Agar-Agar Revenue and Forecast to 2028 (US$ Thousand)
South America Agar-Agar Market Segmentation
The South 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 South America Agar-Agar market in 2020. Based on application, the South America Agar-Agar market is segmented into food & beverages, pharmaceutical & nutraceutical, and others. The food & beverages segment dominated the South America Agar-Agar market in 2020.Based on country, The South America Agar-Agar market segmented into Brazil, Argentina and Rest of South and Central America. The Brazil is dominated the South America 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 South 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. SAM 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. SAM 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. SAM Agar-Agar – SAM Market Analysis
6.1 SAM Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
7. SAM 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. SAM 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. SAM Agar-Agar Market – Country Analysis
9.1 South and Central America: Agar-Agar Market
9.1.1 South and Central America: Agar-Agar Market, by Key Country
9.1.1.1 Brazil: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.1.1 Brazil: Agar-Agar Market, by Form
9.1.1.1.2 Brazil: Agar-Agar Market, by Application
9.1.1.2 Argentina: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.2.1 Argentina: Agar-Agar Market, by Form
9.1.1.2.2 Argentina: Agar-Agar Market, by Application
9.1.1.3 Rest of South and Central America: Agar-Agar Market –Analysis and Forecast to 2028
9.1.1.3.1 Rest of South and Central America: Agar-Agar Market, by Form
9.1.1.3.2 Rest of South and Central America: 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. SAM Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Brazil Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Brazil Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 4. Brazil Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Brazil Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 6. Argentina Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Argentina Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 8. Argentina Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 9. Argentina Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 10. Rest of South and Central America Agar-Agar Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)
Table 11. Rest of South and Central America Agar-Agar Market, by Form – Volume and Forecast to 2028 (Tons)
Table 12. Rest of South and Central America Agar-Agar Market, by Application– Revenue and Forecast to 2028 (US$ Thousand)
Table 13. Rest of South and Central America Agar-Agar Market, by Application– Volume and Forecast to 2028 (Tons)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Agar-Agar Market Segmentation
Figure 2. SAM Agar-Agar Market Segmentation – By Country
Figure 3. SAM Agar-Agar Market Overview
Figure 4. SAM Agar-Agar Market: By Form
Figure 5. SAM Agar-Agar Market: By Country
Figure 6. SAM Agar-Agar Market, Key Market Players
Figure 7. SAM Porter's Five Forces Analysis
Figure 8. SAM Expert Opinion
Figure 9. SAM Value Chain: Agar-Agar
Figure 10. SAM Agar-Agar Market Impact Analysis of Drivers and Restraints
Figure 11. SAM: Agar-Agar Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Agar-Agar Market Revenue Share, By Form (2020 and 2028)
Figure 13. SAM Flakes: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. SAM Flakes: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 15. SAM Powder: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. SAM Powder: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 17. SAM Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. SAM Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 19. SAM Agar-Agar Market Revenue Share, By Application (2020 and 2028)
Figure 20. SAM Food & Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 21. SAM Food & Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 22. SAM Bakery and Confectionery: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. SAM Bakery and Confectionery: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 24. SAM Beverages: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 25. SAM Beverages: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 26. SAM Dairy and Frozen Desserts: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 27. SAM Dairy and Frozen Desserts: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 28. SAM Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 29. SAM Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 30. SAM Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 31. SAM Pharmaceuticals & Nutraceuticals: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 32. SAM Others: Agar-Agar Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 33. SAM Others: Agar-Agar Market – Volume and Forecast To 2028 (Tons)
Figure 34. South and Central America: Agar-Agar Market Revenue Share, by Key Country (2020 and 2028)
Figure 35. Brazil: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 36. Brazil: Agar-Agar Market –Volume and Forecast to 2028 (Tons)
Figure 37. Argentina: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 38. Argentina: Agar-Agar Market –Volume and Forecast to 2028 (Tons)
Figure 39. Rest of South and Central America: Agar-Agar Market –Revenue and Forecast to 2028 (US$ Thousand)
Figure 40. Rest of South and Central America: 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 South and Central America Agar-Agar market forecast.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving 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.