Agar Agar Gum Market Overview, Growth Forecast, Demand and Development Research Report to 2026

22/ago/2019 13:04:15 Polaris Market Research Contatta l'autore

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New York, NY 22 August 2019: The global  agar agar gum market  size is anticipated to reach USD 338.1 million by 2026 growing at a CAGR of 5.0% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ' Agar Agar Gum Market Share, Size, Trends, and Industry Analysis Report, [By Product (Square, Strips, Powder), By Application (Microbiological and molecular, Meat, Confectionery, Retail, Others), By Regions]: Segment Forecast, 2018 - 2026 provides insights on the current market scenario and the future prospects.

Agar agar is a member of the galactan polysaccharides family. These are basically complex linear sugar polymers that comprise 22 galactose molecules. Agar agar gum is typically obtained from marine algae, the common species being Gracilaria and Gelidium.

The top properties of these products, namely thickening and gelling are poised to steer the market trends in the forecast period. These products are expected to be widely applied in the F&B industries as a solidifying and stabilizing agent. The gum has outpaced the preference of other polysaccharides in the manufacturing process.

Rising the world population coupled with the increase in personal income of consumers have led to massive development of new food products globally. The high quality of food sub-industries. However, the health ailments encountered by consumers are likely to challenge the market.

Europe and North America are poised to dominate the agar agar gum market account of the already high and increasing consumption of bakery and confectionery products. In Asia Pacific, agar agar gum in largely consumed by the dairy industry. European manufacturers are looking to collaborate and increase their market presence.

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The agar agar gum market is fairly capital as well as cost intensive. Capital is mainly required for routine manufacturing equipment as a result of prevailing circumstances, major manufacturers have huge production facilities, and enjoy wide geographic presence. thus, intensifying the competition for peers.

In addition, the application of agar agar gum across various food domains, viz. animal-derived gelatin free food, halal-certified, Kosher certified food, etc. is set to mark a remarkable increase in demand for the product. Most of the European bakery and confectionery items manufacturers have shifted to using these products as unanimous binder.

These products exhibit superior properties such as providing long-lasting stability to end-products. The typical properties of these products enable texture enhancement, stabilization, and good thickening and binding of final products. Also, these products' gel strength is relatively higher when compared with gelatin. This is a popular choice in dairy and liquid desserts processing industry.

The global agar agar gum is highly competitive with a high market share. Burgeoning market demand for these products has been expansions as well as overseas partnership programs. Some of the major manufacturers include Meron, Marine Science, TIC Gums, Able Sales Company, and PT Agarindo Bogatama.

Polaris Market Research has segmented the global Gout Therapeutics Market on the basis of Product, Application and Region:

Agar Agar Gum Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2026)

  • Square
  • strips
  • Powder

Agar Agar Gum Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2026)

  • Microbiological and molecular
  • Meat
  • Confectionery
  • Retail
  • Others

Agar Agar Gum Region Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2026)

  • North America
    • US.
    • Canada
  • europe
    • germany
    • UK
    • france
    • poland
    • spain
    • italy
    • belgium
  • Asia-Pacific
    • cinchona
    • India
    • japan
    • Malaysia
    • Indonesia
    • Australia
  • Latin America
    • brazil
    • mexico
    • Argentine
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Nigeria

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About Polaris Market Research
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