The global demand for Sodium Starch Glycolate Market is presumed to reach the market size of nearly USD 245.67 MN by 2030 from USD 127.82 MN in 2022 with a CAGR of 8.51% under the study period 2023 - 2030.
Sodium starch glycolate refers to a sodium salt of carboxymethyl ether. It is white to off-white color, odorless, tasteless, and free-flowing powder. It is manufactured by cross-linking and carboxy methylation of potato starch. It can also be produced from other starch food such as corn, wheat, and rice. Sodium starch glycolate is functionally insoluble in water and insoluble in most organic solvents. It exists in the form of an oval, rounded, irregularly shaped or spherical granules, and these granules showed considerable swelling upon contact with water.
Market Dynamics
The rising occurrences of chronic and acute diseases across the globe and the demand for medicines have increased at pace, along with rising in a number of illnesses necessitating regular medication to be cured, uplifting the demand for production capsules and tablets. In addition to this, growing awareness of personal hygiene and consciousness about beauty and related products drives the sodium starch glycolate market. Furthermore, many companies are focusing more on investing heavily in the research and development to use of sodium starch glycolate effectively. Other factors include the rising number of restaurants or café, which eventually raises the demand for food products such as ice cream, bread, and many other food items, henceforth mounting the utilization of sodium starch glycolate and its supporting sectors.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of sodium starch glycolate.
Market Segmentation
This section of the sodium starch glycolate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- SSG (Potato)
- SSG (Corn Starch)
- SSG (Others)
By Application
- Pharmaceutical Uses
- Adhesive Uses
- Thickening And Stabilizing Uses
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for sodium starch glycolate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Sodium Starch Glycolate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sodium starch glycolate market include DFE Pharma (Germany), Roquette (French), Shree Chemicals (India), JRS Pharma (Germany), Spectrum Chemical Manufacturing Corp. (USA), Huzhou Zhanwang Pharmaceutical Co. Ltd. (China), H.P. Chemicals (India), Remedy labs (India), Anhui Sunhere Pharma (China), Prachin Chemicals (India). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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