February 16, 2021
As cited by the business intelligence report titled ‘Global Pregelatinized Starch Market Size study with COVID-19 impact, by Type (Wheat Flour, Potato Starch, Corn Starch, Others), by Application (Cosmetic Industry, Pharmaceutical Industry, Food Industry, Others) and Regional Forecasts 2020-2027’, available with Market Study Report LLC, global pregelatinized starch market is slated to accrue lucrative gains during the stipulated timeframe of 2020 to 2027.
The report states that rising adoption in several products such as soups, baked food items, and baby foods, coupled with extensive utilization as an excipient in the food & beverages as well as pharmaceuticals are augmenting the expansion of the global pregelatinized starch market size.
For the record, pregelatinized starch is a processed carbohydrate which is used as a texturizer or a binder. It is generally derived from potatoes, tapioca, waxy corn, or corn and is dried, pre-cooked, and ground for direct consumption.
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Beneficial attributes of the additive such as enhanced shelf-life of food products and improved digestion in humans are bolstering its demand, thereby contributing to the global pregelatinized starch industry expansion.
Additionally, increasing geriatric population, surging demand for pharmaceutical drugs as well as baby foods, and easy availability of raw materials such as corn flour, potato starch, and wheat flour are stimulating the global pregelatinized starch market outlook. On the contrary, lack of awareness regarding the product along with issues pertaining to dispersibility in water are impeding the market growth.
Speaking of product landscape, the overall market is fragmented into corn starch, potato starch, and wheat flour. With regards to application spectrum, the vertical is split into food & beverages industry, pharmaceutical industry, cosmetic industry, and others.
As per the regional analysis, North America dominates the business presently in terms of revenue share, on account of rising adoption of pregelatinized starch in the pharmaceutical vertical and escalating demand for baby food in the region.
Alternatively, Asia-Pacific market is touted to expand with the highest yearly growth rate over 2020-2027, owing to growing geriatric population, predominantly in India and China.
Major organizations which define the global pregelatinized starch industry trends are Cargill Incorporated, Crest Cellulose Pvt. Ltd., Tate & Lyle PLC, Galam Ltd., Visco Starch, S A Pharmachem Pvt. Ltd., Grain Processing Corporation (GPC), Banpong Tapioca Flour Industrial Co. Ltd., DFE Pharma, and Karandikars Cashell Private Ltd. among others.