Pregelatinized Starch Market Size, Share, Growth Analysis, By source(corn, wheat, potato and others), By application(Food & Beverage, Pharmaceutical, Cosmetics and others), By Region - Industry Forecast 2024-2031

Pregelatinized Starch Market size was valued at USD 1.87 billion in 2022 and is expected to rise from USD 1.95 billion in 2023 to reach USD 2.73 billion by 2031, at a CAGR of 4.30% over a forecast period (2024-2031).

Pregelatinized starch market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. Moreover, Because of the presence of a small number of established and regional players, the pregelatinized starch market is consolidated. This market is dominated by key players such as Cargill Incorporated, Tate & Lyle, Visco Starch, and Grain Processing Corporation. These players are concentrating on increasing their production capacity in order to meet demand. 'Cargill', 'Archer Daniels Midland Company', 'Ingredion', 'Tate & Lyle PLC', 'Roquette Frères', 'Grain Processing Corporation', 'Avebe', 'Emsland Group', 'Western Polymer Corporation', 'Bio-Chem Technology Group Company Limited', 'KMC Kartoffelmelcentralen A.M.B.A.', 'Sudzucker Group', 'Agrana Beteiligungs-AG', 'BENEO', 'Galam Group', 'Tereos Group', 'Angel Starch & Food Private Limited', 'Royal Cosun', 'Sunar Misir', 'Manildra Group', 'In January 2023, Roquette, a company specializing in plant-based ingredients and offering pharmaceutical and nutraceutical excipients, expanded its portfolio by introducing three new excipient grades tailored for moisture-sensitive active pharmaceutical and nutraceutical ingredients. Launched at CPHI Barcelona, the new offerings include LYCATAB CT-LM partially pregelatinized starch, as well as MICROCEL 103 SD and MICROCEL 113 SD microcrystalline cellulose. These additions provide a unique array of stabilizing and moisture-protective benefits, equipping pharmaceutical manufacturers with versatile tools to optimize drug delivery across various production methods and formulation types. ', 'In August 2023, there has been a surge in candy creations utilizing starch and its derivatives. Candy and gum sales have experienced a significant uptick of almost 7% compared to the previous year, largely attributed to the introduction of numerous new product varieties aimed at boosting sales and sustaining consumer interest. ', 'In March 2021, American Key Food Products expanded its offerings to the North American food industry by introducing native waxy potato starch and pregelatinized native waxy potato starch. Manufactured in Germany, both starch variants boast a composition of over 99% amylopectin. These starches find applications across a wide range of food products, including fruit fillings, baked goods, soups and sauces, salad dressings, condiments, snacks, and meat alternatives.'

Pregelatinized starches are highly functional granular food starches that dissolve instantly in cold water, whether native or modified. They've been dried, cooked, and ground into flakes or powder. The starches dissolve quickly and completely, allowing them to reach their full viscosity without cooking. This makes consumer foods more convenient. As the world's population grows, so does the demand for processed and convenience foods. It is a primary ingredient found in ready-to-eat food products. The rising demand for processed foods is driving up demand for modified starch, which is expected to drive market growth. It also provides valuable properties in processed foods such as appearance, taste, and consistency, which help to extend the shelf life of food products.

Growing applications in the textile industry are also expected to drive future industry growth. Increasing applications, such as starch graft copolymers, starch esters, starch ethers, and cationic starches, will boost the product's penetration in the textile industry. The starches are used in textile printing and wrapping and have replaced polyvinyl alcohol. The modified product is used for textile sizing in the textile industry. Cotton yarn production, in particular, necessitates the use of modified starch. Pregelatinized starch is used as an adhesive component in the size mix process because its properties can be tailored to meet specific requirements and its chemical properties are similar to those of rayon and cotton. As a result, it is essential in the textile industry. Due to rising fashion trends, there has been a massive surge in the textile industry, which has in turn increased demand for products, assisting the pregelatinized starch market's growth.

Europe is a significant region due to the presence of the cosmetic industry, which generated USD 0.40 billion in revenue in 2021. During the forecast period, the North American pregelatinized starch market is expected to grow at a 3.5% CAGR. The product's demand is expected to provide a good opportunity for a variety of market players, including new entrants. Growing demand in a variety of industries, including pharmaceuticals, chemicals, food and beverages, and cosmetics, is expected to drive market growth. Because of the constant demand for starch in the food and beverage industries, the market in this sector is expected to grow at a rapid pace.