At 5.55% CAGR Expected In Global Agar Market Size 2021

The Global agar Market Is Foretasted To Grow Owing To the Increasing Usage of Agar for Several Weight Loss Supplements

Agar, or agar-agar, is an intensely colored liquid, sometimes clear, and sometimes opaque, obtained by soaking red algae in the water and filtering it through a process called sieving. Agar has a gummy consistency, like pudding, but is richer than chocolate. It contains a variety of microorganisms, including yeast and bacteria that usually grow abundantly in the intestines of green sea algae. Sea anemones frequently add agar to their ocean aquarium water to supply it with nutrition. Because of its consistency, agar is often likened to jelly; in fact, it is one of the most commonly used jelly preparations in the world, coming in dozens of different variations. Some people use it to thicken soups and sauces, but commercially prepared agar is usually served as a thickening agent, added to teas, or dissolved in hot water to create a milky punch. In Japan, however, agar is also popular as a food supplement, often available in tablet or powder form.

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Competitive Landscape:

Major players operating in the global agar market include Tanisco A/C, Ashland Specialty Ingredients, Agarmex, Marine Science Co. Ltd., Myeong Shin Agar, Norevo GmbH, Setexam, Agarindo Bogatama, Merck Group, Neogen, Industrias Roko, Nexira, Hispanagar, and Polygal AG.

Key Market Drivers:

Agar is used extensively for bulking effects in the body and hence is very useful for weight loss processes. The increasing prevalence of obesity in the world is the main factor that is expected to create high demand in the global agar market. For instance, according to World Health Organization, there are more than 2 billion individuals in the world who are overweight. Agar has been used for thousands of years to promote digestion and increase intestinal motility. Because it contains a powerful gelling agent, the seaweed is a natural colon cleanser, which means it helps the digestive system to move waste more efficiently and reduces the risk of disease by strengthening the immune system. Because of its cell walls being composed of a special type of protein, agar can also help the body fight off diseases. The increasing health benefits of agar are expected to create propulsion in the global agar market.

Covid-19 Impact Analysis:

The increasing cases of COVID positive cases in the world have significantly reduced the demand in the global agar market. For instance, according to Our World in Data, in July 2021, the seven-day average of COVID positive cases in the world was around 582,477. Moreover, increasing lockdown measures in several nations have also restricted several processes in the food and beverages sector.

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Key Takeaways:

• The size of the global agar market is estimated to increase at a CAGR of around 5.55% during the market forecast period of 2020 to 2025, owing to increasing cases of obesity in the world. For instance, according to the Official website of the European Union, more than half of the European population (53%) are overweight.
• North America is expected to hold a major share of the global agar market, owing to the increasing prevalence of obesity in the world. For instance, according to Trust for America’s Health, the prevalence of US adult obesity is around 42.4%. Moreover, the increasing prevalence of key market players in the region is expected to boost the growth of the market.
• The Asia Pacific is estimated to witness high growth in the global agar market, owing to the increasing investment in the food and beverage sector in the region. For instance, according to India Brand Equity Foundation, in 2020 the Indian gourmet food sector was valued at around US$ 1.3 billion.

The Global agar Market Is Foretasted To Grow Owing To the Increasing Usage of Agar for Several Weight Loss Supplements

Agar, or agar-agar, is an intensely colored liquid, sometimes clear, and sometimes opaque, obtained by soaking red algae in the water and filtering it through a process called sieving. Agar has a gummy consistency, like pudding, but is richer than chocolate. It contains a variety of microorganisms, including yeast and bacteria that usually grow abundantly in the intestines of green sea algae. Sea anemones frequently add agar to their ocean aquarium water to supply it with nutrition. Because of its consistency, agar is often likened to jelly; in fact, it is one of the most commonly used jelly preparations in the world, coming in dozens of different variations. Some people use it to thicken soups and sauces, but commercially prepared agar is usually served as a thickening agent, added to teas, or dissolved in hot water to create a milky punch. In Japan, however, agar is also popular as a food supplement, often available in tablet or powder form.

Request Sample Copy of the Report:
https://www.coherentmarketinsights.com/insight/request-sample/2386 

Competitive Landscape:

Major players operating in the global agar market include Tanisco A/C, Ashland Specialty Ingredients, Agarmex, Marine Science Co. Ltd., Myeong Shin Agar, Norevo GmbH, Setexam, Agarindo Bogatama, Merck Group, Neogen, Industrias Roko, Nexira, Hispanagar, and Polygal AG.

Key Market Drivers:

Agar is used extensively for bulking effects in the body and hence is very useful for weight loss processes. The increasing prevalence of obesity in the world is the main factor that is expected to create high demand in the global agar market. For instance, according to World Health Organization, there are more than 2 billion individuals in the world who are overweight. Agar has been used for thousands of years to promote digestion and increase intestinal motility. Because it contains a powerful gelling agent, the seaweed is a natural colon cleanser, which means it helps the digestive system to move waste more efficiently and reduces the risk of disease by strengthening the immune system. Because of its cell walls being composed of a special type of protein, agar can also help the body fight off diseases. The increasing health benefits of agar are expected to create propulsion in the global agar market.

Covid-19 Impact Analysis:

The increasing cases of COVID positive cases in the world have significantly reduced the demand in the global agar market. For instance, according to Our World in Data, in July 2021, the seven-day average of COVID positive cases in the world was around 582,477. Moreover, increasing lockdown measures in several nations have also restricted several processes in the food and beverages sector.

Buy This Complete A Business Report With Flat US $2000 Off @ https://www.coherentmarketinsights.com/promo/buynow/2386

Key Takeaways:

• The size of the global agar market is estimated to increase at a CAGR of around 5.55% during the market forecast period of 2020 to 2025, owing to increasing cases of obesity in the world. For instance, according to the Official website of the European Union, more than half of the European population (53%) are overweight.
• North America is expected to hold a major share of the global agar market, owing to the increasing prevalence of obesity in the world. For instance, according to Trust for America’s Health, the prevalence of US adult obesity is around 42.4%. Moreover, the increasing prevalence of key market players in the region is expected to boost the growth of the market.
• The Asia Pacific is estimated to witness high growth in the global agar market, owing to the increasing investment in the food and beverage sector in the region. For instance, according to India Brand Equity Foundation, in 2020 the Indian gourmet food sector was valued at around US$ 1.3 billion.