Top 10 Companies in the Pharmaceutical Grade Pullulan Industry (2025): Market Leaders Driving Biopolymer Innovation

In Business Insights
September 11, 2025

The Global Pharmaceutical Grade Pullulan Market was valued at USD 78.4 Million in 2022 and is projected to reach USD 122.6 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2023-2029). This significant growth is driven by increasing demand for plant-based pharmaceutical excipients, expanding applications in capsule formulations, and the material’s superior film-forming properties for drug delivery systems.

As the pharmaceutical industry shifts toward sustainable and biocompatible materials, pullulan has emerged as a versatile solution due to its non-toxic, edible, and excellent oxygen barrier properties. In this comprehensive analysis, we profile the Top 10 Companies in the Pharmaceutical Grade Pullulan Industry – a mix of established biotech leaders and specialized manufacturers shaping this high-growth market segment.


🔟 1. Hayashibara Co., Ltd.

Headquarters: Okayama, Japan
Key Offering: High Purity Pharmaceutical Pullulan (≥95%)

A pioneer in pullulan technology since its commercial introduction in 1976, Hayashibara controls approximately 45% of the global pharmaceutical grade pullulan market. Their proprietary Aureobasidium pullulans fermentation process produces ultra-pure material meeting stringent pharmacopeial standards.

Key Differentiators:

  • Global leader with extensive IP portfolio (over 50 pullulan-related patents)
  • FDA-approved manufacturing facilities with GMP certification
  • Strategic partnerships with top 10 global pharma companies

Download FREE Sample Report: Pharmaceutical Grade Pullulan Market – View in Detailed Research Report


9️⃣ 2. Shandong Kang Naxin Biotechnology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Cost-competitive pharmaceutical grade pullulan

This vertically integrated Chinese manufacturer operates Asia’s second-largest pullulan production facility with an annual capacity of 2,800 metric tons. Their competitive pricing strategy has captured significant market share in developing pharmaceutical markets.

Key Differentiators:

  • Integrated production from raw materials to finished goods
  • Rapid expansion capacity with new fermentation lines added in 2023
  • ISO 9001:2015 certified quality management system

8️⃣ 3. Meihua Holdings Group Co., Ltd.

Headquarters: Hebei, China
Key Offering: Pharmaceutical-grade pullulan with customized viscosity

As China’s largest fermentation products manufacturer, Meihua brings industrial-scale production expertise to pharmaceutical pullulan manufacturing. Their products are widely used in capsule formulations and tablet coatings.

Key Differentiators:

  • Continuous fermentation technology for consistent product quality
  • Advanced purification systems producing low-endotoxin grades
  • Strategic partnerships with Chinese pharma companies

Download FREE Sample Report: Pharmaceutical Grade Pullulan Market – View in Detailed Research Report


7️⃣ 4. Shandong Freda Biotechnology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Vegan capsule-grade pullulan

Specializing in plant-based pharmaceutical ingredients, Freda has become a preferred supplier for vegetarian capsule manufacturers worldwide. Their pullulan meets stringent requirements for halal and kosher certification.

Key Differentiators:

  • Dedicated production lines for pharmaceutical applications
  • Tight molecular weight distribution control
  • Documented stability data for regulatory filings

6️⃣ 5. Kumar Organic Products Limited

Headquarters: Bengaluru, India
Key Offering: Pharmaceutical excipient-grade pullulan

As India’s leading specialty biopolymer producer, Kumar Organic serves domestic pharmaceutical companies and multinational clients requiring alternative to animal-derived materials.

Key Differentiators:

  • Strategic manufacturing location serving MEASA markets
  • Competitive pricing for mid-tier pharmaceutical customers
  • Technical support for formulation development

5️⃣ 6. Hebei Xinhe Biochemical Co., Ltd.

Headquarters: Hebei, China
Key Offering: Value-priced pharmaceutical pullulan

Xinhe Biochemical has rapidly expanded its fermentation capacity to become a significant supplier to generic drug manufacturers, particularly in emerging markets.

Key Differentiators:

  • Large-scale production (1,500 MT/year capacity)
  • Cost-competitive alternative for price-sensitive segments
  • Expanding international distribution network

Get Full Report Here: Pharmaceutical Grade Pullulan Market – View in Detailed Research Report


4️⃣ 7. Shanghai Bairui Biotech Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Pharmaceutical and cosmetic grade pullulan

Bairui Biotech operates advanced fermentation facilities producing multi-grade pullulan for healthcare applications. Their technical team specializes in customized solutions.

Key Differentiators:

  • Application-specific product development
  • Strict quality control meeting international standards
  • Flexible production for small-batch requirements

3️⃣ 8. Jinmei Biotechnology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Specialty pharmaceutical pullulan grades

Focused on high-value niche applications, Jinmei develops customized pullulan products for specific drug delivery requirements, including controlled release formulations.

Key Differentiators:

  • R&D-driven product innovation
  • Special low-endotoxin grades for injectables
  • Technical collaboration with academic institutions

2️⃣ 9. Zibo Qianhui Biological Technology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Pharmaceutical and food grade pullulan

Qianhui Biological operates dual-purpose production facilities serving both pharmaceutical and food industries, offering economies of scale.

Key Differentiators:

  • Versatile production capabilities
  • Competitive pricing structure
  • Expanding presence in Asian markets

1️⃣ 10. Tianjin Peak Biotechnology Co., Ltd.

Headquarters: Tianjin, China
Key Offering: High-quality pharmaceutical pullulan

A relative newcomer, Peak Biotechnology has invested in state-of-the-art purification technology to produce premium pullulan for demanding pharmaceutical applications.

Key Differentiators:

  • Advanced analytical testing capabilities
  • Rapid response customization services
  • Focus on Chinese domestic pharma market

Get Full Report Here: Pharmaceutical Grade Pullulan Market – View in Detailed Research Report


🌍 Market Outlook: Pharmaceutical Pullulan’s Expanding Role

The pharmaceutical pullulan market is experiencing robust growth as the industry prioritizes sustainable, plant-based alternatives to traditional excipients. With its unique functional properties, pullulan is gaining adoption across multiple drug delivery applications.

📈 Key Market Trends:

  • Accelerating demand for vegetarian capsules replacing animal-derived gelatin
  • Growing application in orodispersible films and specialty dosage forms
  • Increasing use in controlled release formulations
  • Expansion of pharmaceutical production in emerging markets

The companies profiled above are driving innovation in pharmaceutical pullulan applications, enabling new drug delivery solutions while meeting the industry’s evolving needs for sustainable, high-performance excipients.

Get Full Report Here: Pharmaceutical Grade Pullulan Market – View in Detailed Research Report