Thursday, July 25, 2024

Pectin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

According to the latest report by IMARC Group, titled “Pectin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global pectin market size reached US$ 990 Million in 2021. Looking forward, the market volume is projected to reach US$ 1588.5 Million by 2027, expanding at a CAGR of 8.7% during 2022-2027.

Pectin, with the molecular formula C6H10O7, is a structural heteropolysaccharide that is mostly found in ripe fruits. It is available in the form of solid powder, white to light brown in color, which is soluble in pure water and insoluble in alcohol and inorganic solvents. Commercially, pectin is obtained by aqueous extraction from edible plant materials, such as apple pomace and citrus peel. It is a high source of fiber and is known to lower cholesterol levels and control diarrhea among children.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Pectin Market Trends and Drivers:

Pectin is widely used as a gelling, stabilizing and thickening agent in a variety of fruit-based products, such as marmalades, jellies, jams, fruit filling for bakery products and fruit preparations for desserts and yogurts. Along with this, the usage of pectin has increased in wound healing preparations, specialty medical adhesives and as a natural structure provider for pastes, oils, and creams. Owing to this, there has been a rise in the demand for pectin in the pharmaceutical and cosmeceutical sectors, wherein it is utilized to boost the viscosity and stability of gels or creams. Moreover, researchers are focusing on developing numerous methods for improving the efficiency of the pectin extraction process. Some of the other factors bolstering the market growth are the increasing demand for natural and organic ingredients, growing health concerns and the changing preferences of consumers toward functional foods.

Pectin Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

  • CP Kelco (J.M. HUBER Group)
  • DuPont de Nemours, Inc.
  • Cargill Incorporated
  • Herbstreith & Fox GmbH & Co. KG
  • Naturex SA
  • Yantai Andre Pectin Co. Ltd.

Key Market Segmentation:

The report has segmented the global pectin market on the basis of raw material, end use and region.

Breakup by Raw Material:

  • Citrus Peel
  • Apple Peel
  • Others

Breakup by End Use:

  • Jams and Preserves
  • Drinkable and Spoonable Yoghurt
  • Bakery and Confectionary
  • Fruit Beverages
  • Other Milk Drinks
  • Others

Breakup by Region:

  • Europe
  • Asia
  • North America
  • Latin America
  • Others

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=644&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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