Amid such rising demand, it’s understandable that researchers worried when Morocco reduced exports of agarophytes in 2015. This shortage — due to a combination of overharvesting, climate warming, and an economic shift to internal manufacturing in the North African country — not only caused alarm but a three-fold price increase of wholesale bacteriological agar, which reached $35-45 per kilogram. (At the time of writing this in late 2025, factory agar prices are sitting at about $30 per kilogram, according to Cobos.)
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The latest move follows another senior appointment in China last year. In April 2025, LVMH named Daniel DiCicco president and chief executive of Louis Vuitton Greater China, in what was widely seen as a push to strengthen local management. DiCicco previously held senior positions at Apple, Sony Music and Coach, bringing cross-industry and digital experience to the role.
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