"Market Intelligence that Adds Flavour to Your Success"
The global pregelatinized starch market size was USD 1.72 billion in 2020. The market is projected to grow from USD 1.77 billion in 2021 to USD 2.38 billion by 2028 at a CAGR of 4.3% during the 2021-2028 period. The global impact of COVID-19 impact has been unprecedented and staggering, with witnessing a negative impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited higher growth of 3.22% in 2020 as compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.
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.
Supply Chain Disruptions amid COVID-19 to Hamper Performance
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.
Request a Free sample to learn more about this report.
Growth of Textile Industry to Foster Industry Progress
Growing application in the textile industry is also projected to drive the industry growth in future. Increasing applications, including starch graft copolymers, starch esters, starch ethers, and cationic starches will increase the penetration of the product in the textile industry. The starches are utilized in printing and wrapping textile applications and have substituted polyvinyl alcohol. The modified product is used in the textile industry for textile sizing. Cotton yarn manufacturing especially requires modified starch. As the properties of pregelatinized starch can be tailored to meet specific requirements and its chemical properties are similar to those of rayon and cotton, it is used as the adhesive component in the size mix process. Thus, it is indispensable in the textile industry. Attributed to increasing fashion trends, there has been a massive surge in the textile industry, which, in turn, has surged the demand for products, thereby aiding the pregelatinized starch market growth.
Rising Demand for Pregelatinized Starch in Processed and RTE (Ready-to-Eat) Food to Support Market Growth
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.
Ease of Product Incorporation in a Wide Range of Applications to Stimulate Product Demand
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. Other properties, such as self-lubricating, use in high shear wet granulation process, usage as a disintegrating agent, and others, are propelling the market growth for pregelatinized starch. Moreover, improvement in the healthcare infrastructure among developing nations such as Brazil, India, Australia, Singapore, and others is helping the pharmaceutical sector grow, which will ultimately boost the market growth.
High Energy Requirement for Disintegration Process of Starch Molecules Is Restraining Market Growth
Pregelatinized starch goes through various processes before they are consumed or delivered to the end-user. The process requires heat treatment where the molecules of starch-containing hydrogen atoms need to be separated, which requires a high amount of energy. Since this starch is precooked to avoid a longer duration for post-cooking, they need to go through the healing process. Upon heating and dried, this starch is again converted into powder source to be served to the end-users. The loss of a large amount of energy in such a conversion process is expected to hinder the market growth.
To know how our report can help streamline your business, Speak to Analyst
Corn Hold Largest Market Share, Owing to Most Highly and Readily Available Raw Materials.
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.
On the other hand, the wheat segment grows at a highest CAGR. Pregelatinized wheat starch can be used as a thickening agent in instant food products to eliminate heating stage in the production or in manufacturing of the products sensitive to high temperature.
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.
Europe Pregelatinized Starch Market Size, 2020 (USD Billion)
To get more information on the regional analysis of this market, Request a Free sample
Europe is a significant region due to the presence of the cosmetic industry where the market held revenue of USD 0.40 billion in 2020.
The North America pregelatinized starch market is expected to grow at 3.5% during the forecast period. The demand for the product is estimated to provide a good opportunity for several market players, including new entrants. 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. 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.
To know how our report can help streamline your business, Speak to Analyst
Asia Pacific will tend to show a considerable growth rate during the forecast period, owing to the rise in pharmaceutical sectors and development in the industrial infrastructure. Furthermore, Asia Pacific is projected to grow at an approximate CAGR of 5.0% during the forecast period.
Companies to Focus On Growth in Their Production Capacity to Meet Global Demand
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.
An Infographic Representation of Pregelatinized Starch Market
To get information on various segments, share your queries with us
The report provides qualitative and quantitative insights into the market. It also offers a detailed analysis of the market size and growth rate of all possible segments in the market. Various key insights presented in the report are an overview of related markets, recent industry developments such as mergers & acquisitions, regulatory scenario in critical countries, and key pregelatinized starch industry trends.
Value (USD Billion)
Fortune Business Insights says that the global market size was USD 1.72 billion in 2020 and is projected to reach USD 2.38 billion by 2028.
Registering a CAGR of 4.3%, the market will exhibit steady growth during the forecast period (2021-2028).
The corn segment is expected to be the leading segment based on type in the global market during the forecast period.
Rising demand for pregelatinized starch in processed and RTE food to drive the market growth.
Cargill Incorporated, Tate & Lyle, Visco Starch, and Grain Processing Corporation are the leading players in the market.
North America dominated the market in terms of share in 2020.
Based on application, the food & beverage segment is set to lead the global market.
Prominent manufacturers focus on the expansion of production capacity to meet the growing demand for the product.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry