Pregelatinized Starch Market
Growth Factors of Pregelatinized Starch Market
The global pregelatinized starch market size was valued at USD 1.92 billion in 2023 and is projected to grow from USD 2.00 billion in 2024 to USD 2.86 billion by 2032, exhibiting a CAGR of 4.6% during the forecast period of 2024-2032.
The COVID-19 pandemic disrupted the delivery chain and decreased production inside the pregelatinized starch market. Despite this, the heightened call for packaged ingredients and pharmaceuticals for the duration of the pandemic helped mitigate a few impacts, leading to the constant increase in the quarter and impeding the pregelatinized starch market growth.
The pregelatinized starch marketplace is strengthened by the increasing call for convenience meals, which have advantages from their short solubility and clean processing. Its applications in the pharmaceutical industry as a binder and disintegrant and the growing purchaser choice for herbal and smooth-label elements are prominent driving elements.
Pregelatinized starches are essential in the pharmaceutical industry, specifically in formulating managed-launch and excipient programs. In controlled-release formulations, pregelatinized starches help to modify the fee at which energetic pharmaceutical components are released into the body, ensuring sustained therapeutic consequences and expanding the pregelatinized starch market share globally. Additionally, they're used as excipients in tablets, pills, and other dosage paperwork to enhance their physical residence, balance, and typical overall performance. Pregelatinized starches provide a versatile and dependable solution for diverse pharmaceutical programs.
Comprehensive Analysis of Pregelatinized Starch Market
The pregelatinized starch market is segmented by way of supply and alertness. Corn dominates the market by source due to its widespread availability and use as a primary starch for meal programs like soups, sauces, and custards—corn starch debts for a central portion of global starch manufacturing. Conversely, wheat is the fastest-developing section, favoured for its use in instantaneous meals to pass heating degrees and in products touchy to high temperatures. By software, the food and beverage sector holds the most critical market proportion, driven by the increasing demand for processed and comfort meals. Pregelatinized starch is vital in enhancing the consistency of prepared-to-eat merchandise and is established in on-the-spot foods, soups, sauces, and desserts. The increase in this region is mainly top-notch in Asia Pacific and North America, where the demand for functional and processed ingredients is rising.
The Europe region led the pregelatinized starch market by benefitting a size of USD 591.63 billion in 2023 due to the expected demand for the product, several marketplace gamers, including new entrants, are anticipated to locate full-size possibilities.
The leading players in the pregelatinized starch market significantly impact its growth trajectory and set industry standards. Key players, including Cargill Incorporated (Iowa, U.S.), Tate & Lyle (London, U.K.), Visco Starch (Gujarat, India), Galam (Ma'anit, Israel), Banpong Tapioca Flour Industrial Co. Ltd. (Bangkok, Thailand), Crest Cellulose (Andhra Pradesh, India), DFE Pharma (Tamil Nadu, India), Karandikars Cashell Private Limited (Maharashtra, India), Grain Processing Corporation (Iowa, U.S.), and S A Pharmachem Pvt Ltd. (Maharashtra, India), contribute to a competitive landscape by driving innovation and market advancement.
In January 2022, DFE Pharma broadened its nutraceutical product range by introducing three new starch-based excipients. These include Nutroféli ST100, a native starch; Nutroféli ST200, a partially pregelatinized starch; and Nutroféli ST300, a fully gelatinised starch.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 4.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Source
- Corn
- Wheat
- Potato
- Others
By Application
- Food & Beverage
- Pharmaceutical
- Cosmetics
- Others
By Region
- North America (By Source, Application, and Country)
- U.S. (By Source)
- Canada (By Source)
- Mexico (By Source)
- Europe (By Source, Application, and Country)
- Germany (By Source)
- U.K. (By Source)
- Russia (By Source)
- France (By Source)
- Italy (By Source)
- Rest of Europe (By Source)
- Asia Pacific (By Source, Application, and Country)
- China (By Source)
- India (By Source)
- Australia (By Source)
- Japan (By Source)
- Rest of Asia Pacific (By Source)
- South America (By Source, Application, and Country)
- Brazil (By Source)
- Argentina (By Source)
- Rest of South America (By Source)
- Middle East & Africa (By Source, Application, and Country)
- South Africa (By Source)
- UAE (By Source)
- Rest of MEA (By Source)
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