Press release
Global Agar-agar Gum Market to grow at a CAGR of 4.34% during the period 2017-2021
About Agar-agar Gum
Agar-agar gum, a white and semi-translucent ingredient with no flavor of its own, is a thermoreversible gelling agent that is extracted from the red-purple seaweed.
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The extracted agar-agar produces a clear jelly, which is rich in iodine and contains traceable minerals. Agar-agar gum is used as a thickening agent in soups, ice creams, fruits preserves, sauces, jelly-based desserts, puddings, and custards. Agar-agar is used as a stabilizing agent and as an anti-tackiness ingredient in cookies, cream shells, chiffon pies, icings, piping gels, pie fillings, and meringues. It prevents sugar from sticking to the wrapper.
Technavios analysts forecast the global agar-agar gum market to grow at a CAGR of 4.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global agar-agar gum market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of agar-agar gum in key geographical regions, which are segmented as the Americas, APAC, and EMEA.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Agar-agar Gum Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
MARINE SCIENCE
Meron
New Zealand Manuka Group
TIC Gums
Other prominent vendors
Agar del Pacifico
Algas Marinas
Asahi & Co.
Hispanagar
Iberagar
INDUSTRIAS ROKO
Proagar
P.T. Agarindo Bogatama
SETEXAM
Sobigel
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Market driver
Growing demand from baking and confectionery industry
For a full, detailed list, view our report
Market challenge
Price fluctuations
For a full, detailed list, view our report
Market trend
Technological advancements
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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