Global Pullulan Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028

Market Overview

of Global Pullulan market:
According to our latest research, the global Pullulan market looks promising in the next 5 years. As of 2022, the global Pullulan market was estimated at USD 111.85 million, and it’s anticipated to reach USD 146.87 million in 2028, with a CAGR of 4.64% during the forecast years.

Pullulan is produced by fermentation from aureobasidium pullulans. Similarly dextran, xanthan gum, it is an extracellular water-soluble viscous polysaccharide.

Industry Trends
In the production process of Pullulan, the output of the product is lower, the extraction and drying cost of the product is higher, and the conversion rate is lower. Extraction of pullulan consumes a lot of ethanol. Although ethanol can be recycled, the cost is still high. The conversion rate of the current fermentation process is about 40% to 50%, which is far lower than the theoretical conversion rate of 90%, which has a large room for improvement. It can be seen that the production of pullulan will tend to increase the yield, reduce the cost of extraction and drying, and increase the conversion rate. The increase in output can also effectively compress the fermentation cost and separation cost of the product.

Market Challenges
In the era of big data, companies can use modern information technology to conduct scientific and effective analysis of marketing data to make corporate decision-making and management more efficient. However, big data technology relies on computer technology and Internet technology. If companies want to use this technology, they must spend a lot of money on infrastructure construction and the employment of professional and technical personnel, and they must also update equipment in time following the technological development trend. And optimization. As a result, companies need to spend a certain amount of cost on the application of big data technology, increase the company's marketing expenditure, and have a certain impact on the company's capital turnover.

Market Restraints
Pullulan has a wide range of applications, but due to its fewer manufacturers and more complex production, it has formed a market monopoly, such as Hayashibara in Japan. The monopoly of some companies in an industry will inevitably lead to unfair competition among other companies in the industry, and the monopolistic behavior of an industry will also affect the overall competition of its upstream and downstream industries, resulting in illegal price monopoly companies in the industry. Competitive advantages. At the same time, the combination of industry enterprises that implement price monopoly will also hit potential entrants in the industry, thereby safeguarding the overall interests of the implementers of price monopoly, thus forming unfair competition with other industries and destroying normal corporate industries Order of competition. This restricts Pullulan's industry development.

Region Overview:
China had the highest growth rate of all regions.

Company Overview:
Hayashibara is a company manufacturing starch syrup. The company has developed a variety of saccharides using enzymes that Hayashibara identified and isolated from many microorganisms.
Among many others, Hayashibara’s product line includes: trehalose, which is a unique disaccharide with many technical applications; glucosyl hesperidin, which has recently attracted attention as an ingredient that is a designated food for specified health use in Japan (FOSHU); ascorbic acid 2-glucoside, a stable vitamin C used in cosmetics, which is designed to brighten and improve the appearance of the skin.

Meihua group is a world advanced supplier for amino acid nutrition and health solution. In biological fermentation industry, Meihua group has most complete and longest industrial chain and supporting facilities, so that it can flexibly satisfy different client from all over the world with differentiated demand and pursuit for rapid innovation through research, production, supplying and sales service. It is dedicated in building high-end industry platform for biological fermentation and biological pharmacy.

Hayashibara, Meihua Group, Hierand Biotech,Shandong Freda Biotechnology，and Shandong Kangnaxin Biotechnologyare the five key players in the global Pullulan market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Pullulan market in the past 5 years.

Segmentation Overview:
Among different product types, Pharmaceutical Grade segment is anticipated to contribute the largest market share in 2027.

Application Overview:
By application, the Pharmaceutical Industry segment occupied the biggest share from 2017 to 2022.

This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Pullulan market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.

Key Takeaways from the Global Pullulan Market Report:
Market Size Estimates: Pullulan market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Pullulan market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Pullulan market
Segment Market Analysis: Pullulan market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Pullulan market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Pullulan Market: Revenue and sales volume of major countries in each region
Pullulan Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Pullulan market in major regions.
Pullulan Industry Value Chain: Pullulan market raw materials & suppliers, manufacturing process, distributors, downstream customers
Pullulan Industry News, Policies & Regulations

Key players in the global Pullulan market are covered in Chapter 12:
Hayashibara
Shandong Jinmei Biotechnology
Shandong Kangnaxin Biotechnology
Shandong Freda Biotechnology
Kumar Organic Products Limited (KOPL)
Hierand Biotech
Hebei Henbo Biotechnology
Meihua Group

In Chapter 2 and Chapter 15.1, based on types, the Pullulan market from 2018 to 2028 is primarily split into:
Pharmaceutical Grade
Food Grade
Industries Grade

In Chapter 3 and Chapter 15.2, based on applications, the Pullulan market from 2018 to 2028 covers:
Pharmaceutical Industry
Food Industry
Cosmetic Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others

The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.

In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.

Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 starts the report with an overview of the Pullulan market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.

Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.

Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.

Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.

Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.

Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.

Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.

Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.

Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.

Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.

Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2028