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Sustaining Starch Solutions: Examining Trends in the Pregelatinized Starch Market || Cargill Incorporated, Archr Daniels Midland Company, Asahi Kasei Corporation
Pregelatinized Starch Market
The Business Research Company's Pregelatinized Starch Global Market Report 2023 identifies 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.
The global pregelatinized starch market is expected to grow from $1.72 billion in 2022 to $1.83 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services affecting many markets across the globe. The pregelatinized starch market is expected to reach $2.19 billion in 2027 at a CAGR of 4.7%.
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Major competitors in the pregelatinized starch market are Cargill Incorporated, Archr 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.
A key trend in the pregelatinized starch market includes product innovations. Major companies operating in the home pregelatinized starch market are adopting innovative products to sustain their position in the market. For instance, in October 2022, Loryma GmbH, a Germany-based food manufacturing company, launched Lory Starch Opal. This spray-on adhesive is for seeds and other decorative food spices. It is created from pregelatinized wheat starch with an emphasis on solubility to ease its ability to be sprayed on, which helps to reduce food waste.
Read More On The Global Pregelatinized Starch Market Report Here: https://www.thebusinessresearchcompany.com/report/pregelatinized-starch-global-market-report
The pregelatinized starch market 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
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pregelatinized starch market.
The Business Research Company's "Global Pregelatinized Starch Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Pregelatinized Starch Market Include:
1. Executive Summary
2. Pregelatinized Starch Market Characteristic
3. Pregelatinized Starch Market Trends And Strategies
4. Pregelatinized Starch Market - Macro Economic Scenario
5. Pregelatinized Starch Market Size And Growth
……………
27. Pregelatinized Starch Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pregelatinized Starch Market
29. Pregelatinized Starch Market Future Outlook And Potential Analysis
30. Appendix
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𝐆𝐥𝐨𝐛𝐚𝐥 𝐏𝐫𝐞𝐠𝐞𝐥𝐚𝐭𝐢𝐧𝐢𝐳𝐞𝐝 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝐔𝐒𝐃 𝟐.𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐢𝐧𝐝𝐢𝐜𝐚𝐭𝐞 𝐭𝐡𝐚𝐭 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐭𝐡𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐥𝐥 𝐫𝐞𝐚𝐜𝐡 𝐚𝐫𝐨𝐮𝐧𝐝 𝐔𝐒𝐃 𝟒.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟒.𝟑𝟏% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐
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