This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Read More
Pectin Market

Pectin Market

Pectin Market By Product (High methoxyl pectin, Low methoxly pectin, Amidated, Non-amidated), Application (Jams & Jellies, Beverages, Confectionary, Dietary Supplements, Functional Food, Pharmaceuticals) & Region - Forecast 2022 – 2032

Pectin Market Overview

[350 Pages Report]  The pectin market is valued at nearly US$ 921 Mn in 2021. The market is likely to grow at a CAGR of 7.8%CAGR through 2032 with a projection value of US$ 1.6 Bn.

Attribute

Details

Market Size Value in 2022

USD 998.7 Million

Market Forecast Value in 2032

USD 1.6 Billion

Global Growth Rate

7.8%

Forecast Period

2022-2032

Pectin is a soluble fiber component found in the cell walls of plants. Citrus fruits, apples, apricots, cherries, oranges, and carrots are the most common sources. However, apple and dried citrus peel, both of which are commercially accessible in white and light brown powder, are the most common raw materials utilised in the manufacturing of industrial products.

Pectin is utilised as a gelling, thickening, and stabilising factor in a variety of fruit products such as marmalades, fruit-based yogurts and desserts, and baked goods. It's also used in confectionery to give jams and jellies a gel structure. Its use in food and other products has several advantages, including reduced cooking time, improved texture and colour, and increased shelf life. It's also utilised in wound healing preparations and specialist medical adhesives in the pharmaceutical business.

It is a complex process to make pectin from its raw materials. Companies in the pectin industry are working on new technology to extract the substance from its natural sources. These technologies can aid in the production of it, as well as other useful food ingredients for beverages and food waste. Microwave-based technology is one such example.

Medical Properties of Pectin Driving the Market

Pectin is a fibre found in fruits that are most usually utilized to produce medicines due to its medical characteristics and proclivity to lower cholesterol levels. It helps to avoid heavy metal toxicity from lead, strontium, and other heavy metals. It works by stimulating cell death pathways in cancer cells to treat colon and prostate cancer.

Pectin's use in the medical area is extensive, and as people turn to natural and plant-based solutions for treating a variety of diseases, pectin will be at the top of the list in terms of serving customers, thanks to its unique property.

Demand for Pectin in Natural and Clean Label Ingredients is Driving the Market

Pectin is a type of food gum that is widely used. It's made from apple and citrus peels, and it's one of the most label-friendly and flexible gums out there. As a result, it's favoured in many clean-label formulations, particularly in dairy-alternative beverages, which include low-sugar and low-pH varieties. Jellies, jams, fruit syrups, yogurts, yogurt drinks, and dairy-alternative yogurts are all good low-pH options. Confectionery chews, gummies, and glazes are some of the other applications.

Leading citrus pectin companies are working on backward integration for company development and expansion of their existing manufacturing capacities, as well as generating clean label products and obtaining the necessary certifications. For example, Algaia in France and Herbstreith & Fox in Germany have formed cooperation to further the development of clean label pectin and alginates for a variety of baking applications.

Country-wise Analysis

Urbanization and Globalization Driving Growth of Pectin Market in India

The factors such as rising population and middle-class income are the reason the pectin market in India is predicted to expand. Recent supply chain and urbanisation developments have also had a significant impact on the market. Pectin powder's market could develop due to an increase in the consumption of functional foods as a result of people's hectic lifestyles.

India does not generate enough pectin to meet domestic demand, despite its enormous resources. Pectin is made from industrial waste from the apple and citrus processing industries all over the world. However, India's apple and citrus processing businesses are small. Pectin's customer base is growing as a result of a huge number of people who have been impacted by the western diet.

High Usage of Nutritional Supplements Driving the Growth of the Market

The United States has the biggest market share for pectin. Increased consumption of foods and food items with possible health advantages has stemmed from consumers' desire to live a better lifestyle. Consumers are more aware of their dietary habits.

According to the Council for Responsible Nutrition (CRN), approximately 68 per cent of adults in the United States consume nutritional supplements and sports drinks, according to the Council for Responsible Nutrition (CRN). Approximately half of those polled were regular users. In the United States, about 83 per cent of adults trust sports drinks, functional foods, and nutritional supplements for their consistency, efficacy, and safety. Over the projected period, this is expected to help boost the worldwide pectin market's overall growth to some extent.

Natural and Beneficial Aspects of Pectin in Food Industry Driving the Growth of the Market

In recent years, consumer attitudes and awareness towards plant-based diets have altered in the United Kingdom. The continual improvements in the additives market have had an impact on the emerging food and beverage enterprises. Natural ingredients and additions have been shown to be beneficial in the food sector.

Furthermore, the expanding vegan population in the country continues to be the key driver of the demand in question. Furthermore, the growth of market is being driven by the increasing application areas of hydrocolloids, such as managing the thickening and gelling qualities of watery foods, as well as the natural property of hydrocolloids. Its use and composition are governed by a variety of food additive rules. Pectin and amidated pectin (a modified version of it) have both been assigned an Acceptable daily intake (ADI) for Food by the Scientific Committee in the European Union.

Personal Care and Food and Beverage Driving Pectin Growth in China

The increased demand for personal care products in the Asia Pacific is benefiting players in the worldwide pectin market. The demand for natural personal care products and cosmetics is predicted to drive record-breaking sales of the components utilised in these products.

Sales of personal care items and ingredients are predicted to grow significantly in countries including India, China, Southeast Asia, and Japan over the assessment period. Food and beverage firms are implementing aggressive go-to-market tactics in these regions, including collaborations, M&A, alliances, and divestitures, in addition to focusing on organic development.

Category-wise Analysis

Over 35% of the market was accounted for by the thickener functional segment. Because of its chemical and physical properties, pectin is widely used as a thickening in a variety of culinary products. It has the ability to create highly hydrated cross-linked polymer networks. The market for thickeners is followed by the market for gelling agents. Pectin is used in cooking and comes in two types: high-methoxyl (HM) and low-methoxyl (LM) (LM). To induce the gelling process, one requires the presence of sugar and a particular amount of acid, while the other requires the presence of calcium.

Food & Beverage is the most important application sector, accounting for more than 40% of the total market. It's employed in pastries and fruit applications (such as jams, jellies, and desserts). The need for pectin in pharmaceuticals and cosmetics is increasing rapidly to form gels and structured fluids, which is utilised to make textures. It's also utilised as a film-forming and water-binding agent, depending on the raw materials and manufacturing conditions.

Competitive Landscape

Manufacturers are concentrating on particular strategies, such as acquiring small companies who have long been active in the pectin market. These acquisitions can help companies expand their regional and local markets while also gaining consumer trust. They're also expanding their market share by developing a variety of pectin-based goods. In short, they're attempting to entice customers by offering a blend of innovation and natural product richness all in one package.

The benefits of pectin are still unknown to the general public, who prefer gelatin, an animal-derived gelling agent, to pectin. As a result, manufacturers of plant-derived and vegan pectin products are investing a significant portion of their revenues in promotional activities and are developing a variety of innovative techniques to enlighten customers about the benefits of pectin. The Key Players in the market are Ingredion Incorporated, Cargill Incorporated, CP Kelco, Tate & Lyle LLC, Koninklijke DSM N.V., Naturex, Lucid Colloids Ltd., DowDupont, Silvateam S.p.A., Compañía Española de Algas Marinas S.A (CEAMSA)

Scope Of Report

Attribute

Details

Market Size Value in 2022

USD 998.7 Million

Market Forecast Value in 2032

USD 1.6 Billion

Global Growth Rate

7.8%

Forecast Period

2022-2032

Market Analysis

USD Thousand  for Value

Key regions covered

North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa

Key Countries Covered

China, U.S., India, Brazil, South Africa, Mexico, Argentina, Germany, France, Spain, U.K., BENELUX, Thailand, Indonesia, Malaysia, China, Japan, South Korea, Australia, New Zealand, GCC, Northern Africa & Southern Africa

Key Segments Covered

Function, and Application

Key Companies Profiled

  •  Cargill Incorporated
  •  Ingredion Incorporated
  •  CP Kelco
  •  Tate & Lyle LLC
  •  Koninklijke DSM N.V.
  •  Naturex
  •  Lucid Colloids Ltd.
  •  DowDupont
  •  Silvateam S.p.A.
  •  Compañía Española de Algas Marinas S.A (CEAMSA)

Customization & Pricing

Available upon Request

Sign Up with MarketNgage

World's Most Profilic Intelligence Engine

Get Access To The World's Largest Market Research Database.

Sign Up Now

Pectin Market Segmentation

Function:

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

Application:

  • Food & Beverage
  • Pharmaceuticals
  • Bakery
  • Dairy products
  • Others

Key Questions Answered in the Report

How much is the Pectin market current worth?

Currently, the Pectin market is worth more than USD 990 Mn.
Pectin is expected to grow at a CAGR of around 7.8 % during the period 2022-2032.
In terms of revenue, the Pectin market grew at a CAGR of around 6.7% during 2017-2021
The demand for pectin in Natural and clean label ingredients also with its high medical properties driving the market.
Manufacturers are concentrating on particular strategies, such as acquiring small companies who have long been active in the pectin market. manufacturers are investing a significant portion of their revenues in promotional activities and are developing a variety of innovative techniques to enlighten customers about the benefits of pectin.
India, United States, China, and United kingdom are the major countries driving demand for Pectin market.
The Key Players in the market are Cargill Incorporated, Ingredion Incorporated, CP Kelco, Tate & Lyle LLC, Koninklijke DSM N.V., Naturex, Lucid Colloids Ltd., DowDupont, Silvateam S.p.A., Compañía Española de Algas Marinas S.A (CEAMSA)

Need specific information?

Our Clients

Food and Beverage

View All Reports from Food and Beverage

View Reports

Recommendations

Food

Dietary Fibres Market

Published : 2022-01-24

Food

Iqf Vegetable Market

Published : 2021-06-21

Food

Europe Malt Extract Market

Published : 2017-05-02

Food

Quillaia Extract Market

Published : 2021-05-25