Pectin – A Global Market Overview

Pectin – A Global Market Overview

Report Synopsis

Major application for pectin is as a gelling agent, thickening agent and stabilizer in food & beverages while also used in cosmetics, personal care products, pharmaceuticals and nutraceutical products. Among different food & beverages applications, jams/jellies occupy the largest share of pectin consumption globally. Technical advancements in pectin products have made possible to create a shelf-stable and low-pH diary beverages such as drinkable yogurts and milk-juice blends. Further, increasing consumption of pectin in dairy products is forecast to drive the pectin market.

Food & Beverages segment accounts for more than 90% of Pectin’s consumption globally, estimated at 60 thousand metric tons in 2018. Europe is estimated the largest market for Pectin with 31 thousand metric tons valued about US$420 million in the same year. Global market is expected to witness a pretty decent growth of 5.8% CAGR between the period 2018 and 2024.

Research Findings & Coverage
• The Pectin market analyzed in this global report with respect to its major application segments/sub-segments
• Pectin market size is estimated in this report by major application segment across all major countries and Food & Beverages sub-segments globally
• Organic, Vegan Products, and Edible Packaging – Opportunities for Pectin
• Tight Raw Material Supply May Hinder the Growth of Pectin
• Modified Citrus Pectin Proven Beneficial in Slowing Prostate Cancer Progression
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 24
• The industry guide includes the contact details for 60 companies

Product Outline

The market for major applications of Pectin explored in this report include the following:
• Food & Beverages
• Cosmetics & Personal Care
• Pharma & Healthcare

The report analyzes the market for sub-segments of Food & Beverages applications of Pectin comprising the following:
• Jams
• Dairy
• Non-dairy Beverages
• Confectionary

Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global Pectin market for the period 2015-2024 in terms of consumption in Metric Tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2024

Geographic Coverage
• North America (The United States, Canada and Mexico)
• Europe (France, Germany, Italy, The Netherlands, Poland, Russia, Spain, The United Kingdom and Rest of Europe)
• Asia-Pacific (China, India, Indonesia, Japan, South Korea, Malaysia, Thailand and Rest of Asia-Pacific)
• South America (Brazil, Argentina and Rest of South America)
• Rest of World (Saudi Arabia, South Africa, Turkey, Ukraine and Other Rest of World)