Global Pregelatinized Starch Market - 2022-2029

Market Overview

The global Pregelatinized Starch market valued USD xx million in 2021 and is forecast to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029)

Pregelatinized starch is a carbohydrate that is cooked and dried, then converted into powder or flaked form. These starches are produced from potato, wheat and arrowroot. It is highly digestible and primarily used in food and beverage products such as soups, beverages, baby food, and bakery products. These starches are biodegradable, and thus do not pose any threat to the environment. Moreover, pregelatinized type of starch is also considered a non-GMO ingredient. Pregelatinized starch is used in industries such as beverage industry, dairy industry, and bakery industry which drives market demand.

Market Dynamics:

Increasing demand for pregelatinized starch in processed and RTE (ready-to-eat) food

Pregelatinized starches are highly functional, native or modified, granular food starches, which dissolve instantly in cold water. They have been dried, precooked, and ground into flake or powder form. The starches dissolve quickly and thoroughly, developing their full viscosity without cooking. This provides convenience for consumer foods. The global rising population is increasing the demand for processed and convenience food. It is a primary ingredient that is utilized in ready-to-eat food products. The growing demand for processed food is resulting in the increased demand for modified starch, which is expected to boost the market growth. It also offers valuable properties such as appearance, taste, and consistency in processed foods, which help increase the shelf life of food products.

The market is growing faster as the product improves the sensory and textural characteristics of samples while cross-linked starch affects the baking properties of the product in numerous applications such as personal care, food and beverage, textile, pharmaceuticals, and others. It is used as one of the constituents for the manufacturing of tablets. These starches act as a binding agent or a diluting agent during tablet manufacturing. The increasing old age population and growing demand for medicines are boosting the market growth.

Market Segmentation:

Corn segment held highest market revenue share of XX% in the year 2021

Corn is a staple food, and it is preferred across the globe due to its importance in the diets of several countries. The prices of corn starch are highly dependent upon its feedstock. Corn or maize accounts for nearly three-fourths of the total starch production globally. Corn starch is major source of starch used in food industry as a thickening agent or binder. It is used extensively in soups and liquid-based foods such as sauces, gravies, and custards.

Based on application, food and beverage sector to hold largest market share due to increasing demand for processed food. The global food and beverage sector is continuously evolving due to the emerging trends of premiumization, functionality, convenience, and sustainability. It is extensively used in the food industry since it enhances the consistency of liquid medium at ambient temperatures. Therefore, it is suitable for instant foods products such as soups, baby foods, sauces, desserts, dry mixes, and cake powders. The increasing demand for processed and ready-to-eat food among consumers is creating a demand for the product. With the advancement of novel technologies and innovative experiments in the food and beverage sector, incorporating this starch across various industries is increasing.

Geographical Penetration:

North America is expected to dominate the global pregelatinized starch market in the year 2021

The growing demand across various industries, such as pharmaceutical, chemicals, and food and beverages, and particularly in cosmetic industries, is projected to bolster market growth in this region. Owing to the constant demand for the starch in food and beverages industry, the market is expected to grow at a rapid pace in this sector. Moreover, various factors, such as rise in demand for cosmetic products, the trend for packaged food items is providing ample opportunities for the market to grow. North America is estimated to be the prominent region, owing to the presence of major key players in the food and beverages industry such as Nestle, Kraft Heinz, and others. These food and beverage companies always seek the product to increase their production.

Competitive Landscape:

The pregelatinized starch market is consolidated owing to the presence of limited number of established and regional players. Key companies, such as Cargill Incorporated, Tate & Lyle, Visco Starch, and Grain Processing Corporation, are the prominent players in this market. These players are focusing to increase their production capacity to meet the global demand. Key players like Cargill, Incorporated are carrying out expansion strategy for increasing their market presence in Asia Pacific. Expansion through increasing production capacity is the strategy that the company is adopting for increasing the penetration of pregelatinized starch in emerging economies of Asia Pacific. In 2020, Cargill, Incorporated announced to double the production of pregelatinized starch in its Indonesian facility. The expansion was done at the company's plant in Pandaan, Indonesia to better serve food manufacturers, particularly in the convenience and foodservice categories. In January 2020, Cargill Incorporated started using pregelatinized maize starch as a binding agent in the granulation of active ingredients. The development suggests that pregelatinized starches are excellent bioadhesives and can be used as a matrix for slow release. The developed brand was named as C-PharmGel.

COVID-19 Impact

Negative impact on the global pregelatinized starch market

The COVID-19 pandemic has severely affected the food and beverages industry. The situation caused by the pandemic will certainly have an impact on the state of the industry globally. Grain processing enterprises have already encountered specific difficulties since this type of raw material (especially wheat) is increasing steadily in price, despite measures taken by the government. Disruptions in the supply of raw materials in connection with the closure of the borders of the regions are noted by producers who do not have their own storage facilities and who obtain raw materials in small quantities for specific orders. However, with government supporting the production of essential food products and ease in restrictions, the pregelatinized starch market is expected to witness low to moderate impact in the near term.

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Understand the current market scenario and viability of global pregelatinized starch over the forecast period

Visualize the composition of the global pregelatinized starch market in terms of source and application to identify major players, growth potential, and market strategies

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What we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Excel data sheet with valuable data points of the global pregelatinized starch market - Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market share analysis covering business revenues ($) and revenue share (%) of key market players

The global pregelatinized starch market report would provide an access to approximately 45 market data tables, 45 figures and 180 pages

Target Audience:

Food and Beverages Manufacturers

Food Service Industry

Convenience Food Manufacturers

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Research Professionals