Enhancing Efficiency: The 2024 Pregelatinized Starch Market Trends

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Pregelatinized Starch Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.31 billion In 2028 At A CAGR Of 4.6%.

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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Pregelatinized Starch Market Major Segments
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

Key Driver - Rise Of Cosmetics Industry To Drive 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.

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Prominent Trend - Product Innovations Transforming The Pregelatinized Starch Market

Product innovations are a key trend gaining popularity in the pregelatinized starch market. 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. As the dough is not directly touched by the traditional ways of employing brushes or immersion baths, the spray design allows for a hygienic application.

Pregelatinized Starch Market Players
Major companies operating in the pregelatinized starch market report 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, 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

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Largest And Fastest Growing Region In The Market
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.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pregelatinized Starch Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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