Share this article NEW YORK, April 6, 2021 /PRNewswire/ -- The global agar-agar gum market is expected to grow by USD 33.24 million, exhibiting a CAGR of almost 3% during 2021-2025, according to Technavio's latest market report. Based on our research, the packaged foods and meats sector witnessed a positive impact due to the widespread growth of the COVID-19 pandemic. The report also throws light on the pre- and post-impact of COVID-19 on businesses. Technavio has announced its latest market research report titled Agar-agar Gum Market by Application and Geography - Forecast and Analysis 2021-2025 The confectionery products segment will generate maximum revenue in the agar-agar gum market, owing to the increasing use of agar-agar gum as a stabilizer in cream shells, confectionery gels, fillings, and icing to impart an anti-tackiness property. In terms of geography, North America will present significant opportunities for market vendors due to the factors such as the rising preference for halal-certified foods, restrictions on animal-derived gelatin, and the increased use of agar-agar gum by bakeries and confectionery item producers.