Global Agar Market Set for Rapid Expansion, Reaching US$ 542 Million by 2024
Growing demand: The Agar Market Size increasing application of agar in food industry applications such as bakery, confectionery, microbiology among others is expected to drive the market growth over the forecast period. Agar is widely preferred over gelatin owing to its stability against pH changes and heat variations.
Global agar market was valued at US$ 276.02 Mn in 2021 in terms of revenue, exhibiting a CAGR of 4.67 % during the forecast period (2022 to 2030).
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