Agar Market Size, Share Global Outlook and Forecast 2025-2032

Wed, 14 May 2025 12:59:07 +0000

The global Agar market demonstrates robust expansion, with its valuation reaching USD 354.9 million in 2022 according to recent analysis. Projections indicate the market will grow at a compound annual growth rate (CAGR) of 6.6%, potentially reaching USD 555.2 million by 2029. This sustained growth stems from increasing applications across food processing, pharmaceuticals, and microbiology sectors, particularly in developing regions where agar serves as a versatile vegan alternative to gelatin.