India Agar Market (2025-2031) Outlook | Analysis, Industry, Trends, Revenue, Growth, Forecast, Share, Value, Size & Companies

India Agar Market Synopsis

The agar market size in India was estimated to be around USD 14.03 million in 2025 and is expected to reach USD 18.3million by 2025, growing at a CAGR of 6.1%. The increasing demand for food & beverage applications such as ice cream and desserts, coupled with the wide availability of raw materials, including carrageenans and seaweeds are major factors driving the growth of this market in India. Additionally, rising consumer awareness regarding health benefits associated with agar is further propelling its demand among India consumers. Furthermore, expanding e-commerce industry has also led to increased sales for agar products through online platforms in India.

Market Drivers of the market

The India Agar market has experienced substantial growth due to its widespread applications in the food and beverage industry, pharmaceuticals, and microbiology. Agar, a gelatinous substance derived from seaweed, is widely used as a gelling agent, stabilizer, and thickener in various products. The growth of the food processing industry, along with the increasing popularity of plant-based and vegan products, has driven the demand for agar in India. Moreover, the pharmaceutical sector`s use of agar for microbiological testing and research has also contributed to the market`s expansion.

Challenges of the Market

The agar market in India is driven by its diverse applications in the food, pharmaceutical, and biotechnology industries. However, the market faces certain challenges. Agar is sourced from specific seaweed species, and the availability of high-quality agar depends on sustainable harvesting practices. Ensuring a stable supply of seaweed and addressing environmental concerns related to seaweed cultivation are essential for the industry`s growth. Additionally, competition from synthetic substitutes and fluctuating raw material prices pose challenges for agar manufacturers and exporters.

Covid-19 Impact on the Market

The India agar market is a significant segment within the food and beverage industry, primarily driven by the extensive applications of agar as a gelling and thickening agent. Agar is derived from seaweeds and is widely used in the preparation of various food products. Before the Covid-19 pandemic, the market was experiencing steady growth, with a rising demand for natural and plant-based food additives. However, the pandemic had an impact on the market. Disruptions in the supply chain and logistics affected the availability of agar. Additionally, the closure of restaurants and reduced food processing activities impacted the demand for agar in the food industry. Despite these challenges, the market demonstrated resilience, with manufacturers exploring new product applications and expanding into the pharmaceutical and biotechnology sectors as the demand for agar in non-food applications increased.

Key Players of the Market

Key players in the India agar market include agar producers such as Agar India Pvt. Ltd., Marine Agar Industries, and AgarTech Solutions. These companies extract and process agar from seaweed and supply it to various industries, including food and beverages, pharmaceuticals, and cosmetics. Moreover, agar exporters like Agar Exports India and SeaGel Merchants facilitate the global distribution of agar products.

Key Highlights of the Report:

• India Agar Market Outlook
• Market Size of India Agar Market, 2024
• Forecast of India Agar Market, 2031
• Historical Data and Forecast of India Agar Revenues & Volume for the Period 2021-2031
• India Agar Market Trend Evolution
• India Agar Market Drivers and Challenges
• India Agar Price Trends
• India Agar Porter's Five Forces
• India Agar Industry Life Cycle
• Historical Data and Forecast of India Agar Market Revenues & Volume By Form for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Strip for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Powder for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Food and Beverage for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
• Historical Data and Forecast of India Agar Market Revenues & Volume By Other Applications for the Period 2021-2031
• India Agar Import Export Trade Statistics
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Application
• India Agar Top Companies Market Share
• India Agar Competitive Benchmarking By Technical and Operational Parameters
• India Agar Company Profiles
• India Agar Key Strategic Recommendations