The global agar market is set to exceed USD 292 million in 2023 and is projected to grow to USD 478.4 million by 2033, advancing at a compound annual growth rate (CAGR) of 5% over the forecast period. This growth is driven by the increasing consumer preference for natural and clean-label products, as agar, derived …
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Agar Market Set for Remarkable Growth: Projected to Reach USD 478.4 Million by 2033
The global agar market is expected to surpass USD 292 million in valuation by 2023 and is projected to reach USD 478.4 million by 2033. The market is anticipated to grow at a compound annual growth rate (CAGR) of 5% over the period from 2023 to 2033. The demand for agar is expected to rise …