The global pectin market is expected to grow at a CAGR of around 10.8% during 2024-2033. This report on global pectin market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global pectin market by segmenting the market based on raw material, type, application, function and region. Also, detailed profiles of companies operating in the pectin market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
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Market Drivers
The growing preference for natural ingredients is a key catalyst for the global pectin market. Consumers worldwide are increasingly opting for food and beverage items that are minimally processed, devoid of synthetic additives, and sourced from natural origins. Pectin, as a natural polysaccharide derived from fruits, perfectly aligns with this consumer inclination toward clean-label and natural components. Consequently, the demand for pectin is on the rise, driven by notable technological advancements. Progress in pectin extraction, processing, and application technologies significantly fuels market expansion. Advanced extraction techniques boost efficiency, enabling higher yields and enhanced purity of pectin extraction.
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Market Restraints
The instability in raw material prices poses a significant challenge to the growth of the pectin market. Pectin, primarily sourced from citrus peels and apple pomace, is susceptible to fluctuations in availability and cost influenced by various factors. Agricultural conditions, weather fluctuations, and other external variables can impact the yield and quality of citrus and apple crops, thereby affecting the raw material supply for pectin production. Furthermore, regulatory changes affecting the food and beverage ingredient landscape present obstacles to the pectin market’s expansion. Emerging regulations, often designed to improve food safety and labeling transparency, can introduce complexities for pectin manufacturers.
Market Opportunities
Additionally, innovative processing methods contribute to the production of pectin with improved functional attributes, broadening its utility across various industries. The growing demand for pectin is largely fueled by its expanding utilization across diverse sectors. Traditionally renowned for its capacity as a gelling agent in jams and jellies, pectin has broadened its applications across multiple industries, stimulating increased market interest. Within the food and beverage industry, pectin has ventured into new territories, including yogurt manufacturing, vegan confectionery production, the creation of sugar-reduced gummies, and the formulation of plant extract-infused products. The increasing recognition of the health advantages linked with pectin serves as a significant catalyst for driving demand for this natural ingredient in the global market. Pectin, a polysaccharide present in fruits, is acknowledged for its favorable effects on digestive health and its potential to lower cholesterol levels.
Recent Industry DevelopmentÂ
- In Sep 2023, Cargill announced the launch of a new range of LM conventional (LMC) pectin developed with proprietary technology to deliver novel texture and is also applicable in products marketed with ‘organic’ claims.
- In Oct 2022, Better Nutritionals and DouxMatok joined forces in a commercial partnership to offer sugar-reduced gummies with the same delicious taste as traditional ones to Better Nutritionals’ client network.
- In March 2022, CP Kelco and Shiru, Inc., announced a new partnership aimed at advancing the transition to a more sustainable food system. The collaboration focuses on research and development efforts to create next-generation plant-based proteins using precision fermenting technology.
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Report’s Unit: US$
Global Pectin Market Segmentation
Market by Raw MaterialÂ
- Citrus Fruits
- Apple
- Sugar Beet
- Others
Market by Type
- High Methylated Ester Pectin
- Low Methylated Ester Pectin
Market by Application
- Food Products
- Bakery & Confectionery
- Sauces & Dressings
- Dairy Products
- Beverages
- Meat & Poultry
- Others
- Pharmaceuticals & Personal Care Products
- Industrial Applications
Market by Function
- Thickener
- Gelling Agent
- Stabilizer
- Emulsifier
- Fat Replacer
- Coating
Market by Region
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
List of Mentioned Companies
- ABB Ltd.
- Cargill Incorporated
- Foodchem International Corporation
- Herbstreith and Fox Corporate Group
- Ingredion Incorporated
- International Flavors & Fragrances Inc.
- JM Huber Corporation (CP Kelco)
- Lucid Colloids Ltd.
- Pacific Pectin Inc.
- Koninklijke DSM N.V. (Royal DSM)
- Silvateam SpA
Report Coverage
| Report Feature | Details |
| Base Year | 2023 |
| Historical Period | 2019-2022 |
| Forecast Period | 2024-2033 |
| Units | US$ Million |
| Segments Covered | Raw Material, Type, Application, Function, Region |
| Region Covered | Europe, North America, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Cargill Incorporated, Foodchem International Corporation, Herbstreith and Fox Corporate Group, Ingredion Incorporated, International Flavors & Fragrances Inc., JM Huber Corporation (CP Kelco), Lucid Colloids Ltd., Pacific Pectin Inc., Koninklijke DSM N.V. (Royal DSM), Silvateam SpA |
| Purchase Options | Single User License: US$ 2,999 Five User License: US$ 3,499 Corporate License: US$ 4,499 |
Research Methodology
During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.
Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.Â
Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.
Key Questions Answered in the Report
- What will be the global pectin market size and the growth rate in the coming year?
- What are the main key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the market opportunities and threats in the market?
- What industrial trends, drivers, and challenges are manipulating its growth?
- Which are trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players in the industry?
- What is the impact of Covid19 on the current industry?
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Pectin Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Pectin Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Pectin Market by Raw Material (US$ Million, 2019-2033)
5.1. Introduction
5.2. Citrus Fruits
5.3. Apple
5.4. Sugar Beet
5.5. Others
5.6. Key Segment Investment Opportunity
6. Global Pectin Market by Type (US$ Million, 2019-2033)
6.1. Introduction
6.2. High Methylated Ester Pectin
6.3. Low Methylated Ester Pectin
6.4. Key Segment Investment Opportunity
7. Global Pectin Market by Application (US$ Million, 2019-2033)
7.1. Introduction
7.2. Food Products
7.2.1. Bakery & Confectionery
7.2.2. Sauces & Dressings
7.2.3. Dairy Products
7.2.4. Beverages
7.2.5. Meat & Poultry
7.2.6. Others
7.3. Pharmaceuticals & Personal Care Products
7.4. Industrial Applications
7.5. Key Segment Investment Opportunity
8. Global Pectin Market by Function (US$ Million, 2019-2033)
8.1. Introduction
8.2. Thickener
8.3. Gelling Agent
8.4. Stabilizer
8.5. Emulsifier
8.6. Fat Replacer
8.7. Coating
8.8. Key Segment Investment Opportunity
9. Global Pectin Market by Region (US$ Million, 2019-2033)
9.1. Introduction
9.2. Europe
9.3. North America
9.4. Asia Pacific
9.5. Latin America
9.6. Middle East & Africa
9.7. Key Segment Investment Opportunity
10. Europe Pectin Market (US$ Million, 2019-2033)
10.1. Introduction
10.2. Key Drivers and Takeaways
10.3. Europe Market Breakup by Raw Material
10.4. Europe Market Breakup by Type
10.5. Europe Market Breakup by Application
10.6. Europe Market Breakup by Function
10.7. Europe Market Breakup by Country
10.7.1. Germany
10.7.2. United Kingdom
10.7.3. France
10.7.4. Italy
10.7.5. Spain
10.7.6. Russia
10.7.7. Netherlands
10.7.8. Sweden
10.7.9. Poland
10.7.10. Rest of Europe
11. North America Pectin Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. North America Market Breakup by Raw Material
11.4. North America Market Breakup by Type
11.5. North America Market Breakup by Application
11.6. North America Market Breakup by Function
11.7. North America Market Breakup by Country
11.7.1. United States
11.7.2. Canada
12. Asia Pacific Pectin Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. Asia Pacific Market Breakup by Raw Material
12.4. Asia Pacific Market Breakup by Type
12.5. Asia Pacific Market Breakup by Application
12.6. Asia Pacific Market Breakup by Function
12.7. Pacific Market Breakup by Country
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. South Korea
12.7.5. Australia
12.7.6. ASEAN
12.7.7. Rest of Asia Pacific
13. Latin America Pectin Market (US$ Million, 2019-2033)
13.1. Introduction
13.2. Key Drivers and Takeaways
13.3. Latin America Market Breakup by Raw Material
13.4. Latin America Market Breakup by Type
13.5. Latin America Market Breakup by Application
13.6. Latin America Market Breakup by Function
13.7. Latin America Market Breakup by Country
13.7.1. Mexico
13.7.2. Brazil
13.7.3. Argentina
13.7.4. Chile
13.7.5. Rest of Latin America
14. Middle East and Africa Pectin Market (US$ Million, 2019-2033)
14.1. Introduction
14.2. Key Drivers and Takeaways
14.3. Middle East and Africa Market Breakup by Raw Material
14.4. Middle East and Africa Market Breakup by Type
14.5. Middle East and Africa Market Breakup by Application
14.6. Middle East and Africa Market Breakup by Function
14.7. Middle East and Africa Market Breakup by Country
14.7.1. Saudi Arabia
14.7.2. Turkey
14.7.3. Iran
14.7.4. United Arab Emirates
14.7.5. Rest of Middle East & Africa
15. Competitive Landscape
15.1. Competitive Dashboard
15.2. Key Industry Strategies Analysis
15.3. Recent Developments
15.4. Market Scenario
16. Company Profiles
16.1. Cargill Incorporated
16.2. Foodchem International Corporation
16.3. Herbstreith and Fox Corporate Group
16.4. Ingredion Incorporated
16.5. International Flavors & Fragrances Inc.
16.6. JM Huber Corporation (CP Kelco)
16.7. Lucid Colloids Ltd.
16.8. Pacific Pectin Inc.
16.9. Koninklijke DSM N.V. (Royal DSM)
16.10. Silvateam SpA
- Description
-
The global pectin market is expected to grow at a CAGR of around 10.8% during 2024-2033. This report on global pectin market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global pectin market by segmenting the market based on raw material, type, application, function and region. Also, detailed profiles of companies operating in the pectin market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Â
Market Drivers
The growing preference for natural ingredients is a key catalyst for the global pectin market. Consumers worldwide are increasingly opting for food and beverage items that are minimally processed, devoid of synthetic additives, and sourced from natural origins. Pectin, as a natural polysaccharide derived from fruits, perfectly aligns with this consumer inclination toward clean-label and natural components. Consequently, the demand for pectin is on the rise, driven by notable technological advancements. Progress in pectin extraction, processing, and application technologies significantly fuels market expansion. Advanced extraction techniques boost efficiency, enabling higher yields and enhanced purity of pectin extraction.
Â
Market Restraints
The instability in raw material prices poses a significant challenge to the growth of the pectin market. Pectin, primarily sourced from citrus peels and apple pomace, is susceptible to fluctuations in availability and cost influenced by various factors. Agricultural conditions, weather fluctuations, and other external variables can impact the yield and quality of citrus and apple crops, thereby affecting the raw material supply for pectin production. Furthermore, regulatory changes affecting the food and beverage ingredient landscape present obstacles to the pectin market’s expansion. Emerging regulations, often designed to improve food safety and labeling transparency, can introduce complexities for pectin manufacturers.
Market Opportunities
Additionally, innovative processing methods contribute to the production of pectin with improved functional attributes, broadening its utility across various industries. The growing demand for pectin is largely fueled by its expanding utilization across diverse sectors. Traditionally renowned for its capacity as a gelling agent in jams and jellies, pectin has broadened its applications across multiple industries, stimulating increased market interest. Within the food and beverage industry, pectin has ventured into new territories, including yogurt manufacturing, vegan confectionery production, the creation of sugar-reduced gummies, and the formulation of plant extract-infused products. The increasing recognition of the health advantages linked with pectin serves as a significant catalyst for driving demand for this natural ingredient in the global market. Pectin, a polysaccharide present in fruits, is acknowledged for its favorable effects on digestive health and its potential to lower cholesterol levels.
Recent Industry DevelopmentÂ
- In Sep 2023, Cargill announced the launch of a new range of LM conventional (LMC) pectin developed with proprietary technology to deliver novel texture and is also applicable in products marketed with ‘organic’ claims.
- In Oct 2022, Better Nutritionals and DouxMatok joined forces in a commercial partnership to offer sugar-reduced gummies with the same delicious taste as traditional ones to Better Nutritionals’ client network.
- In March 2022, CP Kelco and Shiru, Inc., announced a new partnership aimed at advancing the transition to a more sustainable food system. The collaboration focuses on research and development efforts to create next-generation plant-based proteins using precision fermenting technology.
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Report’s Unit: US$
Global Pectin Market Segmentation
Market by Raw MaterialÂ
- Citrus Fruits
- Apple
- Sugar Beet
- Others
Market by Type
- High Methylated Ester Pectin
- Low Methylated Ester Pectin
Market by Application
- Food Products
- Bakery & Confectionery
- Sauces & Dressings
- Dairy Products
- Beverages
- Meat & Poultry
- Others
- Pharmaceuticals & Personal Care Products
- Industrial Applications
Market by Function
- Thickener
- Gelling Agent
- Stabilizer
- Emulsifier
- Fat Replacer
- Coating
Market by Region
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
List of Mentioned Companies
- ABB Ltd.
- Cargill Incorporated
- Foodchem International Corporation
- Herbstreith and Fox Corporate Group
- Ingredion Incorporated
- International Flavors & Fragrances Inc.
- JM Huber Corporation (CP Kelco)
- Lucid Colloids Ltd.
- Pacific Pectin Inc.
- Koninklijke DSM N.V. (Royal DSM)
- Silvateam SpA
Report Coverage
Report Feature Details Base Year 2023 Historical Period 2019-2022 Forecast Period 2024-2033 Units US$ Million Segments Covered Raw Material, Type, Application, Function, Region Region Covered Europe, North America, Asia Pacific, Latin America, Middle East and Africa Companies Covered Cargill Incorporated, Foodchem International Corporation, Herbstreith and Fox Corporate Group, Ingredion Incorporated, International Flavors & Fragrances Inc., JM Huber Corporation (CP Kelco), Lucid Colloids Ltd., Pacific Pectin Inc., Koninklijke DSM N.V. (Royal DSM), Silvateam SpA Purchase Options Single User License: US$ 2,999
Five User License: US$ 3,499
Corporate License: US$ 4,499Research Methodology
During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.
Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.Â
Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.Key Questions Answered in the Report
- What will be the global pectin market size and the growth rate in the coming year?
- What are the main key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the market opportunities and threats in the market?
- What industrial trends, drivers, and challenges are manipulating its growth?
- Which are trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players in the industry?
- What is the impact of Covid19 on the current industry?
- Table of Contents
-
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Pectin Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Pectin Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Pectin Market by Raw Material (US$ Million, 2019-2033)
5.1. Introduction
5.2. Citrus Fruits
5.3. Apple
5.4. Sugar Beet
5.5. Others
5.6. Key Segment Investment Opportunity
6. Global Pectin Market by Type (US$ Million, 2019-2033)
6.1. Introduction
6.2. High Methylated Ester Pectin
6.3. Low Methylated Ester Pectin
6.4. Key Segment Investment Opportunity
7. Global Pectin Market by Application (US$ Million, 2019-2033)
7.1. Introduction
7.2. Food Products
7.2.1. Bakery & Confectionery
7.2.2. Sauces & Dressings
7.2.3. Dairy Products
7.2.4. Beverages
7.2.5. Meat & Poultry
7.2.6. Others
7.3. Pharmaceuticals & Personal Care Products
7.4. Industrial Applications
7.5. Key Segment Investment Opportunity
8. Global Pectin Market by Function (US$ Million, 2019-2033)
8.1. Introduction
8.2. Thickener
8.3. Gelling Agent
8.4. Stabilizer
8.5. Emulsifier
8.6. Fat Replacer
8.7. Coating
8.8. Key Segment Investment Opportunity
9. Global Pectin Market by Region (US$ Million, 2019-2033)
9.1. Introduction
9.2. Europe
9.3. North America
9.4. Asia Pacific
9.5. Latin America
9.6. Middle East & Africa
9.7. Key Segment Investment Opportunity
10. Europe Pectin Market (US$ Million, 2019-2033)
10.1. Introduction
10.2. Key Drivers and Takeaways
10.3. Europe Market Breakup by Raw Material
10.4. Europe Market Breakup by Type
10.5. Europe Market Breakup by Application
10.6. Europe Market Breakup by Function
10.7. Europe Market Breakup by Country
10.7.1. Germany
10.7.2. United Kingdom
10.7.3. France
10.7.4. Italy
10.7.5. Spain
10.7.6. Russia
10.7.7. Netherlands
10.7.8. Sweden
10.7.9. Poland
10.7.10. Rest of Europe
11. North America Pectin Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. North America Market Breakup by Raw Material
11.4. North America Market Breakup by Type
11.5. North America Market Breakup by Application
11.6. North America Market Breakup by Function
11.7. North America Market Breakup by Country
11.7.1. United States
11.7.2. Canada
12. Asia Pacific Pectin Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. Asia Pacific Market Breakup by Raw Material
12.4. Asia Pacific Market Breakup by Type
12.5. Asia Pacific Market Breakup by Application
12.6. Asia Pacific Market Breakup by Function
12.7. Pacific Market Breakup by Country
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. South Korea
12.7.5. Australia
12.7.6. ASEAN
12.7.7. Rest of Asia Pacific
13. Latin America Pectin Market (US$ Million, 2019-2033)
13.1. Introduction
13.2. Key Drivers and Takeaways
13.3. Latin America Market Breakup by Raw Material
13.4. Latin America Market Breakup by Type
13.5. Latin America Market Breakup by Application
13.6. Latin America Market Breakup by Function
13.7. Latin America Market Breakup by Country
13.7.1. Mexico
13.7.2. Brazil
13.7.3. Argentina
13.7.4. Chile
13.7.5. Rest of Latin America
14. Middle East and Africa Pectin Market (US$ Million, 2019-2033)
14.1. Introduction
14.2. Key Drivers and Takeaways
14.3. Middle East and Africa Market Breakup by Raw Material
14.4. Middle East and Africa Market Breakup by Type
14.5. Middle East and Africa Market Breakup by Application
14.6. Middle East and Africa Market Breakup by Function
14.7. Middle East and Africa Market Breakup by Country
14.7.1. Saudi Arabia
14.7.2. Turkey
14.7.3. Iran
14.7.4. United Arab Emirates
14.7.5. Rest of Middle East & Africa
15. Competitive Landscape
15.1. Competitive Dashboard
15.2. Key Industry Strategies Analysis
15.3. Recent Developments
15.4. Market Scenario
16. Company Profiles
16.1. Cargill Incorporated
16.2. Foodchem International Corporation
16.3. Herbstreith and Fox Corporate Group
16.4. Ingredion Incorporated
16.5. International Flavors & Fragrances Inc.
16.6. JM Huber Corporation (CP Kelco)
16.7. Lucid Colloids Ltd.
16.8. Pacific Pectin Inc.
16.9. Koninklijke DSM N.V. (Royal DSM)
16.10. Silvateam SpA