| Product Code: ETC5000878 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
New Zealand`s agar import market saw a significant shift in 2024, with top exporting countries like Taiwan, Germany, and Thailand dominating the trade landscape. The market concentration, as measured by the HHI, escalated from moderate to high levels, indicating a more consolidated market. Despite a healthy compound annual growth rate (CAGR) of 2.92% from 2020 to 2024, the growth rate experienced a sharp decline of -44.57% from 2023 to 2024. These trends suggest a dynamic and competitive market environment for agar imports in New Zealand.

By 2027, the Agar market in New Zealand is anticipated to reach a growth rate of 1.98%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Agar Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Agar Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Agar Market - Industry Life Cycle |
3.4 New Zealand Agar Market - Porter's Five Forces |
3.5 New Zealand Agar Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 New Zealand Agar Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Agar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of agar as a plant-based alternative to gelatin |
4.2.2 Growing demand for vegetarian and vegan food products in New Zealand |
4.2.3 Rising trend of clean-label and natural ingredients in food and beverage industry |
4.3 Market Restraints |
4.3.1 Seasonal variations in agar production due to weather conditions impacting supply |
4.3.2 Price volatility of agar due to fluctuations in raw material costs |
4.3.3 Limited availability of agar suppliers in New Zealand leading to supply chain challenges |
5 New Zealand Agar Market Trends |
6 New Zealand Agar Market Segmentations |
6.1 New Zealand Agar Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Agar Market Revenues & Volume, By Strip, 2021-2031F |
6.1.3 New Zealand Agar Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 New Zealand Agar Market Revenues & Volume, By Others, 2021-2031F |
6.2 New Zealand Agar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Agar Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.2.3 New Zealand Agar Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 New Zealand Agar Market Revenues & Volume, By Other Applications, 2021-2031F |
7 New Zealand Agar Market Import-Export Trade Statistics |
7.1 New Zealand Agar Market Export to Major Countries |
7.2 New Zealand Agar Market Imports from Major Countries |
8 New Zealand Agar Market Key Performance Indicators |
8.1 Consumer adoption rate of agar-based products in New Zealand |
8.2 Number of new product launches containing agar in the market |
8.3 Sustainability practices implemented by agar manufacturers in New Zealand |
9 New Zealand Agar Market - Opportunity Assessment |
9.1 New Zealand Agar Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 New Zealand Agar Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Agar Market - Competitive Landscape |
10.1 New Zealand Agar Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Agar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |