Global Pectin Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global pectin market in its upcoming report titled, “Global Pectin Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global pectin market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global pectin market report has been segmented on the basis of product, technology, application, and region.

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Pectin is widely used in the food industry as a jellifying, thickening and stabilizing agent. It is a starch that occurs naturally in cell walls of fruits and vegetables. Citrus waste and apple pomace are key sources of pectin. Pectin is available in form of solution, an extract or blended powder. Pectin is used in fruit jellies, pharmaceuticals and cosmetics for its thickening and emulsifying properties. Benefits of pectin include lowering serum cholesterol, controlling diarrhea and constipation, slowing growth of prostate and colon cancer, and ulcer treatment. Pectin is also used in medicines to lower diabetes due to its fiber content and its property to reduce absorption of glucose in the gastro-intestinal tract.

Wide range of functional properties of pectin has resulted in high demand from food & beverages industry, dietary products, and pharmaceutical sector. In addition, growing health awareness in consumers regarding benefits of pectin, coupled with increasing disposable income in emerging countries is expected to propel growth of the global pectin market over the forecast period.

Key players have developed new technologies to extract pectin including microwave-based technology. This technology uses orange and lime peels, and breaks them down to extract pectin using a microwave oven heated below 200° C, the process also produces other products which have different applications in other industries. This technology is likely to gain momentum in the near future and expected to boost growth of the global pectin market.

Brazil, Denmark, Argentina and Mexico are leading producers in the global pectin market, owing to high volume production of citrus fruits in the countries, however, these countries however lack significant production capabilities. China and India are considered as emerging nations expected to witness high production volume of pectin, as well as, high consumption pattern due to increase in disposable income and high penetration of healthy eating habits.

Global pectin market segmentation:

Segmentation by function:

• Thickener
• Stabilizer
• Gelling agent
• Fat replacer
• Others

Segmentation by application:

• Food
  • Bakery
  • Confectionary
  • Meat & poultry products
  • Sauces & dressing
  • Beverage
  • Dairy products
• Pharmaceuticals
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa