Pectin is a kind of fiber that is found in both fruits and vegetables. It’s a polysaccharide, which is a linear chain of indigestible carbohydrates, and a soluble fiber. Pectin expands and turn into gel when heated in the presence of liquid, making it an excellent thickening agent for jams and jellies. The pectin market is growing due to rising convenience food consumption, increased health consciousness, and pectin's multifunctionality (leading to a wide range of uses).
Market Dynamics
Pectin has become cost-effective alternative to plastics in food packaging due to rapid technical developments. Due to various recent technological development, pectin polymers are now being utilized as edible coatings or films. These coatings act as natural barriers between food and the environment, limiting the transmission of lipids, gases, moisture, and volatile compounds, consequently increasing demand for the product.
During the forecast period, High methoxyl pectin is expected to dominate the pectin market. The most common form of pectin is High methoxyl pectin, which comes in two varieties: rapid-set and slow-set. Due to the increased level of methylation, the gel strength of High methoxyl pectin remains high. However, any additional rise in the degree of methylation, i.e. more than 70%, results in a drop in its gel strength. High methoxyl pectin’s are extensively used in the manufacture of jams and jellies because they thicken the product.
The price of pectin is expected to rise due to a shortage of raw materials due to the lack of a favorable environment for citrus fruits in various geographic places. This is expected to stifle the pectin market's expansion throughout the forecast period.
Key features of the study:
- This report provides in-depth analysis of global Pectin market size (US$ Million and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2021 – 2027), considering 2020 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global Pectin market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes CP Kelco, Cargill, Incorporated, DuPont | Danisco, Herbstreith & Fox, Yantai Andre Pectin Co., Ltd, Naturex group, Silvateam Food Ingredients, CEAMSA and Lucid Colloids Ltd.
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
- The global Pectin market report caters to various stakeholders in this industry including investors, suppliers, global Pectin manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Pectin market.
Detailed Segmentation:
- Global Pectin Market, By Product Type:
- High methoxyl pectin
- Low methoxyl pectin
- Global Pectin Market, By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry Products
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others (Detergents)
- Global Pectin Market, By Region:
- North America
- By Product Type
- High methoxyl pectin
- Low methoxyl pectin
- By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry Products
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others (Detergents)
- Latin America
- By Product Type
- High methoxyl pectin
- Low methoxyl pectin
- By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry Products
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others (Detergents)
- Europe
- By Product Type
- High methoxyl pectin
- Low methoxyl pectin
- By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry Products
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others (Detergents)
- Asia-Pacific
- By Product Type
- High methoxyl pectin
- Low methoxyl pectin
- By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry Products
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others (Detergents)
- Middle East & Africa
- By Product Type
- High methoxyl pectin
- Low methoxyl pectin
- By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry Products
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others (Detergents)
- Company Profiles
- CP Kelco *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Cargill, Incorporated
- DuPont | Danisco
- Herbstreith & Fox,
- Yantai Andre Pectin Co., Ltd.
- Naturex group,
- Silvateam Food Ingredients,
- CEAMSA
- Lucid Colloids Ltd.
“*” marked represents similar segmentation in other categories in the respective.