Pregelatinized Star Market: Market Outlook
The most common carbohydrate present in the human diet is known as starch. These carbohydrates are cooked and dried to convert it in powder or flake to use as pregelatinized starch. Starch can be derived from corn, potatoes, or wheat flour. The pregelatinized starch gives perfect viscosity to puddings, soups, and baby products, and also it is highly digestible. Owing to its biodegradable and renewable properties, it becomes a perfect substitute for fossil-fuel using in various chemical processes.
Pregelatinized starch has numerous applications not only in the food and beverage industry but also in the pharmaceutical industry, chemical industry, paper industry, and many more. Starch has disintegrant property, but due to cooking fully pregelatinized starch loses that property. On the other hand, when it is cooked partially and gelatinized, it shows characteristics of both native starch (pure form) and fully pregelatinized starch. The restraining factor of the pregelatinized starch market is that it needs an enormous amount of energy to break the hydrogen bonding to engage more water and then dry again to bring it in powder form. Apart from this, moisture sensitivity reduces its application.
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Pregelatinized Star Market: Market Dynamics
The Food and Beverage industry consumption driving the pregelatinized starch market
Pregelatinized starch doesn’t need to heat again to provide proper consistency to food and beverages. It simply needs to add it with the main ingredients of the product to stabilize it and give thick texture. It has witnessed that the demand for bakery, confectionery, drinks, and other products are constantly rising. This rising demand and owing to the application of pregelatinized starch, sales in the pregelatinized starch industry have shown a positive outlook.
Increase in demand of pregelatinized starch due to an increasing application in the Pharmaceutical and other Chemical industry
The multifunctional property of pregelatinized starch such as replacement to fossil fuels, binding and disintegrating agent, self-lubricating property, application in high shear wet granulation, and many more are making it the best fit for the pharmaceutical and the chemical industries. These industries are demanding more pregelatinized starch from the market.
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Pregelatinized Starch Market: Segmentation
On the basis of source type, the global Pregelatinized Starch market has been segmented as
- Corn
- Potatoes
- Wheat flour
- Others
On the basis of application, the global Pregelatinized Starch market has been segmented as
- Food and Beverage Industry
- Packaged food
- Bakery and Confectionery
- Dairy
- Drinks
- Others
- Pharmaceutical Industry
- Chemical Industry
- Cosmetic Industry
- Others
On the basis of the Product type, the global Pregelatinized Starch market has been segmented as
- Fully Pregelatinized Starch
- Partially Pregelatinized Starch
On the basis of End-users, the global Pregelatinized Starch market has been segmented as
- Commercial
- Household
On the basis of Distribution Channel, the global Pregelatinized Starch market has been segmented as
- Business to business
- Business to consumer
- Supermarket/ Hypermarket
- Convenience Store
- Online retailing
On the basis of Region, the global Pregelatinized Starch market has been segmented as
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
Pregelatinized Starch Market: Key Players
Cargill Incorporated, Tate & Lyle, Visco Starch, Galam, Banpong Tapioca Flour Industrial Co Ltd., Crest Cellulose, DFE Pharma, Karandikars Cashell Private Limited, Grain Processing Corporation (GPC), SA Pharmachem Pvt Ltd. And few others are major players in the pregelatinized starch market.
Pregelatinized Starch Market: Key Opportunities
This pregelatinized starch market seems to provide a good opportunity for existing players as well as new entrants due to its rising demand in the different industries. A constant rise in the food and beverage industry has seen to be pulling the demands from the pregelatinized starch market as well.
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Pregelatinized Starch Market: Reginal outlook
In the North American markets, it has seen that the changing lifestyle of consumers is favoring ready to cook foods and soups. Pregelatinized starch helps to increase the shelf life and improves texture of food and beverage and hence it will keep showing positive response in the North American Market. The cosmetic industry is growing in Europe at quite a good pace. Pregelatinized starch’s usefulness in the cosmetic industry, driving the sale from the market and may continue to do so shortly.
The application of pregelatinized starch in the pharmaceutical sector is helping to raise the demand from the Asian, Middle East, and African markets. Disposable income is rising in the Asian economy. This is favoring the sales of the packaged food industry along with the pregelatinized starch industry.
COVID-19 Impact on Global Pregelatinized starch market
The outbreak of COVID-19 has a severe impact on the food and beverage industry and also the cosmetic industry. The demand from this industry has not impacted much but the suppliers are unable to cater to the demands of the market due to various reasons. Hampered supply chain, shut-down manufacturing plants, unavailability of raw material, rising labor charges are costing too much to the manufacturers. The global pandemic has moderate to low impact on the pregelatinized starch market but in near future, it may witness good growth.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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