Overview and Scope
Pregelatinized starch is starch that has been boiled, dried, and then extruded in a starch factory, making the starch soluble in cold water. It is a food additive used in puddings, pie fillings, gelatins, and cheesecakes as a thickening and gelling agent.
Sizing and Forecast
The pregelatinized starch market size has grown strongly in recent years. It will grow from $1.83 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to food and beverage industry growth, demand in pharmaceutical industry, preference for clean label products, expansion of processed food industry, cost-effective ingredient.
The pregelatinized starch market size is expected to see steady growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing demand in gluten-free products, growth in textile industry, rising demand in cosmetic industry, sustainable sourcing practices, focus on clean label ingredients. Major trends in the forecast period include technological advancements in processing, rise in gluten-free products, sustainable sourcing and production, customization and functional innovation, increasing adoption in biotechnology.
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Segmentation & Regional Insights
The pregelatinized starch market covered in this report is segmented –
1) By Source: Corn, Wheat, Potato, Other Sources
2) By Form: Flake, Powder
3) By Application: Food And Beverage Industry, Pharmaceutical Industry, Chemical Industry, Cosmetics Industry, Other Applications
North America was the largest region in the pregelatinized starch market in 2023. The regions covered in the pregelatinized starch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing demand for the cosmetic industry is expected to propel the growth of the pregelatinized starch market going forward. The cosmetic industry is the field that develops, promotes, and markets products meant to improve or alter one’s appearance. Pregelatinized starch is utilized in various cosmetic products due to its thickening, binding, and absorption properties. For instance, in April 2023, according to the International Trade Administration, a US-based government agency in China, cosmetics and beauty products sales grew by 10% in 2020 to $88 billion in 2021. Furthermore, in July 2022, according to the International Trade Administration, a US-based government agency, the Canadian cosmetics industry earned about $1.24 billion in 2021. Further, by 2024, industry revenue is anticipated to increase by 1.45% annually to reach $1.8 billion. Therefore, the growing demand for the cosmetic industry is driving the growth of the pregelatinized starch market.
Key Industry Players
Major companies operating in the pregelatinized starch market report are Cargill Inc. Archer Daniels Midland Company, Asahi Kasei Corporation, Ingredion Incorporated, Tereos Group, Roquette Freres SA, Agrana Beteiligungs-AG, Tate & Lyle PLC, Coöperatie Koninklijke Avebe U.A., Manildra Group, Grain Processing Corporation, BENEO GmbH, Galam Ltd., DFE Pharma, Anil Products Ltd., Emsland Group, Kartoffelmelcentralen (KMC) A.m.b.a, Western Polymer Corporation, Banpong Tapioca Flour Industrial Co Ltd., SMS Corporation Co. Ltd., Universal Starch-Chem Allied Ltd., Visco Starch, Zih Mao Enterprise Co. Ltd., Interstarch GmbH, S A Pharmachem Pvt Ltd., Colorchem Industries Limited, DezhouGaoFeng Starch Co. Ltd., Safal Biopolymers Private Limited
The pregelatinized starch market report table of contents includes:
1. Executive Summary
2. Pregelatinized Starch Market Characteristics
3. Pregelatinized Starch Market Trends And Strategies
4. Pregelatinized Starch Market – Macro Economic Scenario
5. Global Pregelatinized Starch Market Size and Growth
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31. Pregelatinized Starch Market Other Major And Innovative Companies
32. Global Pregelatinized Starch Market Competitive Benchmarking
33. Global Pregelatinized Starch Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pregelatinized Starch Market
35. Pregelatinized Starch Market Future Outlook and Potential Analysis
36.Appendix
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