Pectin Market Analysis
Pectin Market - Global Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players 2018-2026
Pectins are the carbohydrates and fibers extracted from the fruits, vegetables, and seeds found in all primary cell walls of all seed bearing plants. Pectins are a high source of fibers and are mainly used in the food and medical industry. They are used to cure diarrhea, lower cholesterol, treat diabetes, weight loss, ulcerated mouth, sore throat, triglycerides, gastro esophageal reflux disease, colon cancer, and prostate cancer.
Pectins are high in fibers and also possess thickening properties, and hence used as a gelling and thickening agent in the food industry, particularly in jams and bakeries. They are also used as stabilizers in fruit juices and milk drinks.
Pectin Market Taxonomy
On the basis of product, the pectin market is classified into:
On the basis of application, the pectin market is classified into:
On the basis of function, the pectin market is classified into:
On the basis of sources, the pectin market is classified into:
High-methoxyl pectin is used for canning applications. It requires high amounts of sugar to gel and is sensitive to acidity. Low methoxyl pectins have contradicting properties to high methoxyl pectins. Low methoxyl pectins have low sensitivity to acidity and require low amounts of sugar to gel, thus used in low sugar jams.
The pectins are also used in the medical industry, due to its properties of thickening and stabilizing, absorbing moisture, increasing volume, thus being able to increase the shelf-life of products. Owing to its properties, pectins are added to medicines, baked goods, and dairy product.
Pectin Market Outlook –
The demand for pectins in convenience foods, is increasing day by day due to its beneficial properties. Also, the increasing growth of pectins in dietary foods is expected to increase in demand, during forecast period. Nowadays, pectins are majorly being used in treatments of diseases like diabetes, cancer, diarrhea, etc. For this reason pectins are in focus on expanding production. Also, rising demand for medical and cosmetic products, is expected to cause an increasing demand for pectin in the forecast period.
Pectin Market Challenges
Harmful chemicals are used in the preparation of pectin and the government has imposed regulations against its use. The availability of raw materials and many complexities while preparation, are the major challenges experienced by the pectin market.
Some of the key companies dominating the market are CP Kelco, Cargill Inc., Devson Impex Pvt. Ltd., Nestlé S.A., Danone S.A., Unilever, Kellogg NA Co., Yantai Andre Pectin Co. Ltd., Danisco A/S, and B&V srl.