Agar Market

By Form;

Strip, Powder and Others

By Application;

Food & Beverage, Pharmaceuticals and Other

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn952689819 Published Date: September, 2025 Updated Date: October, 2025

Agar Market Overview

Agar Market (USD Million)

Agar Market was valued at USD 284.02 million In the year 2024. The size of this market is expected to increase to USD 397.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.


Agar Market

*Market size in USD million

CAGR 4.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.9 %
Market Size (2024)USD 284.02 Million
Market Size (2031)USD 397.26 Million
Market ConcentrationHigh
Report Pages304
284.02
2024
397.26
2031

Major Players

  • New Zealand Manuka Group
  • Hispanagar
  • Acroyali Holdings Qingdao Co., Ltd.
  • Industrias Roko, S.A.
  • Neogen
  • Merck Group
  • Agarindo Bogatama
  • Setexam
  • Norevo GmbH

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Agar Market

Fragmented - Highly competitive market without dominant players


The Agar Market is experiencing consistent growth, driven by its expanding usage across food, pharmaceutical, and biotechnology industries. Recognized for its strong gelling and stabilizing functions, agar has become an essential ingredient in various formulations. The food industry contributes to more than 50% of its total usage, particularly in bakery, confectionery, and dairy products where it enhances product quality and texture. Its natural composition and versatile applications continue to strengthen its role in multiple sectors.

Expanding role in food products
A rising focus on plant-based alternatives is accelerating agar adoption in the food industry. With nearly 45% of consumers seeking clean-label and natural additives, manufacturers are increasingly replacing synthetic stabilizers with agar. Its effectiveness as a vegan-friendly substitute for gelatin makes it highly valuable in desserts, beverages, and functional foods. This growing preference for natural formulations is giving the market significant momentum.

Healthcare and biotechnology utilization
Within pharmaceuticals, agar is widely applied in microbial culture media, accounting for about 30% of its demand. It is also used in capsule formulations and controlled-release medicines, helping improve stability and therapeutic outcomes. In biotechnology, agar plays a critical role in laboratory research as a medium for microbial and cell culture development. These applications underline its importance in advancing healthcare solutions and drug discovery.

Advancements in extraction techniques
Ongoing progress in processing technologies has significantly improved agar’s purity and consistency, making it more suitable for diverse applications. Nearly 35% of recent developments in hydrocolloid production emphasize sustainability and efficiency, helping reduce costs while enhancing product performance. These technological upgrades are increasing agar’s competitiveness compared to other hydrocolloids, ensuring long-term industry adoption.

Positive outlook for future expansion
The agar market is set to expand steadily, supported by collaborations, product innovations, and rising demand across both food and pharmaceutical sectors. As biotechnology continues to incorporate agar for advanced research, and food industries prioritize natural and sustainable ingredients, its relevance will keep growing. With strong clinical and industrial applications, the market is positioned for sustained progress in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Agar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Natural Origin
        2. Food Applications
        3. Vegetarian Status
      2. Restraints
        1. Sustainability Concerns
        2. Price Volatility
        3. Seasonal Harvest
      3. Opportunities
        1. Natural Ingredient
        2. Functional Properties
        3. Microbiological Media
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Agar Market, By Form, 2021 - 2031 (USD Million)
      1. Strip
      2. Powder
      3. Others
    2. Agar Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverage
      2. Pharmaceuticals
      3. Other
    3. Agar Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Neogen Food Safety
      2. HISPANAGAR S.A.
      3. Agarmex, S.A.
      4. Industrias ROKO S.A.
      5. PT. Agarindo Bogatama
      6. Merck KGaA
      7. Marine Science Co., Ltd.
      8. B&V srl
      9. MSC Co., Ltd.
      10. HiMedia Laboratories Pvt. Ltd.
      11. Zhenpai (Fujian) Hydrocolloids Co., Ltd.
      12. SETEXAM
      13. Agar Sari Jaya
      14. Agar Swallow Indonesia
      15. Gino Biotech
  7. Analyst Views
  8. Future Outlook of the Market