Global Pectin Market Report and Forecast 2023-2028
Global Pectin Market Report and Forecast 2023-2028
Abstract
Global Pectin Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global pectin market size attained a volume of 83.86 KMT in 2022. Aided by increasing applications of pectin across various end use sectors, the market is projected to further grow at a CAGR of 3.1% between 2023 and 2028 to reach a volume of 100.71 KMT by 2028.
Pectin is defined as a polysaccharide which is made up of linear polymers. It is an essential carbohydrate found in various edible items such as pears, apples, and oranges, among others. Pectin is eco-friendly, naturally occurring, and biodegradable, which makes it ideal for various applications. The commercial procurement of pectin involves extraction from peels of citrus fruits such as oranges. Pectin possesses medicinal properties such as the ability to reduce bleeding and can be provided to the human body in various ways such as oral or intravenous. The increasing utilisation of pectin across food and beverage, pharmaceutical, and biotechnological sectors, is driving the global pectin market.
In the food and beverage sector, pectin is used as a thickening agent, gelling agent, and colloidal stabiliser. Hence, the thriving food and beverage sector across the emerging economies, fuelled by growing populations, rising disposable income, and increasing footfall in supermarkets and hypermarkets, is propelling the market growth for pectin.
Meanwhile, pectin is also used to manufacture bakery and confectionary products, which are witnessing heightened sales. The increasing accessibility of clean-labelled bakery products through quick grocery delivery services is further supporting the market for pectin.
Pectin is also used to manufacture low-calorie jams, solidify jams, and produce high-quality preservatives. In this regard, the increasing health consciousness among the young working population is generating the demand for low-calorie jams, fruit beverages, and milk drinks, which is in turn propelling the applications of pectin. Meanwhile, the growing research and development activities by the leading food processing companies aimed towards developing jams and milk drinks with innovative flavours are expected to expand the market opportunities.
The medicinal properties of pectin make it widely applicable in the pharmaceutical sector which is witnessing exponential growth globally. Pectin can control cholesterol levels, reduce risk of heart disease, help maintain healthy body weight, and aid in digestion. Growing research and development activities in the pharmaceutical sector are likely to fuel the global pectin market in the forecast period.
Market Segmentation
The market can be divided on the basis of raw material, end use, and major region.
Market Breakup by Raw Material
•Citrus Peel
•Apple Peel
•Others
Market Segmentation by End Use
•Jams and Preserves
•Drinkable and Spoonable Yoghurt
•Bakery and Confectionery
•Fruit Beverages
•Other Milk Drinks
•Others
Market Breakup by Region
•North America
•Europe
•Asia Pacific
•Latin America
•Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global pectin market. Some of the major key players explored in the report by Expert Market Research are as follows:
•CP Kelco U.S., Inc.
•DuPont
•Cargill, Incorporated
•Herbstreith & Fox GmbH & Co. KG
•Naturex
•Others
Content
Table of Contents
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Pectin Market Analysis
8.1 Key Industry Highlights
8.2 Global Pectin Historical Market (2018-2022)
8.3 Global Pectin Market Forecast (2023-2028)
8.4 Global Pectin Market by Raw Material
8.4.1 Citrus Peel
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Apple Peel
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Pectin Market by End Use
8.5.1 Jams and Preserves
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Drinkable and Spoonable Yoghurt
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Bakery and Confectionery
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Fruit Beverages
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Other Milk Drinks
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Pectin Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
14.3 Operations Involved
15 Feedstock Market Analysis
15.1 Citrus Fruit
15.1.1 Market Share
15.1.2 Historical Trend (2018-2022)
15.1.3 Forecast Trend (2023-2028)
15.1.4 Breakup by Region
15.2 Ethanol
15.2.1 Market Share
15.2.2 Historical Trend (2018-2022)
15.2.3 Forecast Trend (2023-2028)
15.2.4 Breakup by Region
15.3 Hydrochloric Acid
15.3.1 Market Share
15.3.2 Historical Trend (2018-2022)
15.3.3 Forecast Trend (2023-2028)
15.3.4 Breakup by Region
15.4 Price Analysis
15.4.1 Citrus Fruit Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.4.2 Ethanol Historical Price Trends (2018-2022) & Forecast (2023-2028)
15.4.3 Hydrochloric Acid Historical Price Trends (2018-2022) & Forecast (2023-2028)
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Company Profiles
16.3.1 CP Kelco U.S., Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 DuPont
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 Cargill, Incorporated
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Herbstreith & Fox GmbH & Co. KG
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Naturex
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Certifications
16.3.6 Others
17 Industry Events and Developments
Market Outlook
According to the report by Expert Market Research (EMR), the global pectin market size attained a volume of 83.86 KMT in 2022. Aided by increasing applications of pectin across various end use sectors, the market is projected to further grow at a CAGR of 3.1% between 2023 and 2028 to reach a volume of 100.71 KMT by 2028.
Pectin is defined as a polysaccharide which is made up of linear polymers. It is an essential carbohydrate found in various edible items such as pears, apples, and oranges, among others. Pectin is eco-friendly, naturally occurring, and biodegradable, which makes it ideal for various applications. The commercial procurement of pectin involves extraction from peels of citrus fruits such as oranges. Pectin possesses medicinal properties such as the ability to reduce bleeding and can be provided to the human body in various ways such as oral or intravenous. The increasing utilisation of pectin across food and beverage, pharmaceutical, and biotechnological sectors, is driving the global pectin market.
In the food and beverage sector, pectin is used as a thickening agent, gelling agent, and colloidal stabiliser. Hence, the thriving food and beverage sector across the emerging economies, fuelled by growing populations, rising disposable income, and increasing footfall in supermarkets and hypermarkets, is propelling the market growth for pectin.
Meanwhile, pectin is also used to manufacture bakery and confectionary products, which are witnessing heightened sales. The increasing accessibility of clean-labelled bakery products through quick grocery delivery services is further supporting the market for pectin.
Pectin is also used to manufacture low-calorie jams, solidify jams, and produce high-quality preservatives. In this regard, the increasing health consciousness among the young working population is generating the demand for low-calorie jams, fruit beverages, and milk drinks, which is in turn propelling the applications of pectin. Meanwhile, the growing research and development activities by the leading food processing companies aimed towards developing jams and milk drinks with innovative flavours are expected to expand the market opportunities.
The medicinal properties of pectin make it widely applicable in the pharmaceutical sector which is witnessing exponential growth globally. Pectin can control cholesterol levels, reduce risk of heart disease, help maintain healthy body weight, and aid in digestion. Growing research and development activities in the pharmaceutical sector are likely to fuel the global pectin market in the forecast period.
Market Segmentation
The market can be divided on the basis of raw material, end use, and major region.
Market Breakup by Raw Material
•Citrus Peel
•Apple Peel
•Others
Market Segmentation by End Use
•Jams and Preserves
•Drinkable and Spoonable Yoghurt
•Bakery and Confectionery
•Fruit Beverages
•Other Milk Drinks
•Others
Market Breakup by Region
•North America
•Europe
•Asia Pacific
•Latin America
•Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global pectin market. Some of the major key players explored in the report by Expert Market Research are as follows:
•CP Kelco U.S., Inc.
•DuPont
•Cargill, Incorporated
•Herbstreith & Fox GmbH & Co. KG
•Naturex
•Others
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Pectin Market Analysis
8.1 Key Industry Highlights
8.2 Global Pectin Historical Market (2018-2022)
8.3 Global Pectin Market Forecast (2023-2028)
8.4 Global Pectin Market by Raw Material
8.4.1 Citrus Peel
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Apple Peel
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Pectin Market by End Use
8.5.1 Jams and Preserves
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Drinkable and Spoonable Yoghurt
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Bakery and Confectionery
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Fruit Beverages
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Other Milk Drinks
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Pectin Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
14 Manufacturing Process
14.1 Overview
14.2 Detailed Process Flow
14.3 Operations Involved
15 Feedstock Market Analysis
15.1 Citrus Fruit
15.1.1 Market Share
15.1.2 Historical Trend (2018-2022)
15.1.3 Forecast Trend (2023-2028)
15.1.4 Breakup by Region
15.2 Ethanol
15.2.1 Market Share
15.2.2 Historical Trend (2018-2022)
15.2.3 Forecast Trend (2023-2028)
15.2.4 Breakup by Region
15.3 Hydrochloric Acid
15.3.1 Market Share
15.3.2 Historical Trend (2018-2022)
15.3.3 Forecast Trend (2023-2028)
15.3.4 Breakup by Region
15.4 Price Analysis
15.4.1 Citrus Fruit Historical Price Trends (2018-2022) and Forecast (2023-2028)
15.4.2 Ethanol Historical Price Trends (2018-2022) & Forecast (2023-2028)
15.4.3 Hydrochloric Acid Historical Price Trends (2018-2022) & Forecast (2023-2028)
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Company Profiles
16.3.1 CP Kelco U.S., Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 DuPont
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 Cargill, Incorporated
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Herbstreith & Fox GmbH & Co. KG
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Naturex
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Certifications
16.3.6 Others
17 Industry Events and Developments
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