Pectin is a structural heteropolysaccharide contained in the primary cell walls of terrestrial plants. It is produced commercially as a white to light brown powder, mainly extracted from citrus fruits, and is used in food as a gelling agent, particularly in jams and jellies. It is also used in fillings, medicines, sweets, as a stabilizer in fruit juices and milk drinks, and as a source of dietary fiber.
Market Analysis and Insights: Global Pectin Market
Due to the COVID-19 pandemic, the global Pectin market size is estimated to be worth US$ 1278 million in 2022 and is forecast to a readjusted size of US$ 1482 million by 2028 with a CAGR of 2.5% during the review period. Fully considering the economic change by this health crisis, High Methoxyl (HM) Pectin accounting for % of the Pectin global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food Industry segment is altered to an % CAGR throughout this forecast period.
Global Pectin key players include CP Kelco, Danisco (DuPont), Cargill, Herbstreith& Fox KG, Yantai Andre Pectin, etc. Global top five manufacturers hold a share about 90%. Europe is the largest market, with a share about 60%, followed by South America, with a share about 25percent. In terms of product, High Methoxyl (HM) Pectin is the largest segment, with a share about 75%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry, Cosmetic Industry.
Global Pectin Scope and Segment
Pectin market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Pectin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
High Methoxyl (HM) Pectin
Low Methoxyl (LMC) Pectin
Amidated low Methoxyl (LMA) Pectin
Segment by Application
Food Industry
Pharmaceutical Industry
Cosmetic Industry
By Company
CP Kelco
DuPont
Cargill
Herbstreith& Fox KG
Yantai Andre Pectin
Silvateam
Naturex
Jinfeng Pectin
Pomona’s Universal Pectin
Ceamsa
Yuning Bio-Tec
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE