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Pectin Market Size, Share, and Analysis By Source (Citrus Fruits, Apple, Sugar Beet, and Others), By Type (High Methoxyl Pectin and Low Methoxyl Pectin), By Application (Food and Beverage, Personal Care and Cosmetics, Pharmaceuticals, and Others), and Regional Forecast, 2024-2032

Report Format: PDF | Published Date: Ongoing | Report ID: FBI107820 | Status : Upcoming

Pectin is a carbohydrate found primarily in fruits and vegetables, especially citrus fruits and apples. Pectin is a solute at low pH and can form a gel in the presence of Ca2+ ions. Thus, it can be used as a gelling agent, thickening agent, and stabilizer in food applications. Pectin content depends on the type of fruit and its ripeness. Some fruits, such as apples, blackberries, grapes, and quince, are rich in natural pectin and have abundant setting power. People prefer pectin for high cholesterol and triglycerides and to prevent colon and prostate cancer.


Powdered or liquid pectin is traditionally made of carbs and extracted from within the cell walls of fruits and vegetables, where it helps maintain strength and flexibility. It is perfectly suitable for the manufacturers of vegan foods and a vegan substitute for gelatin. The inclination of consumers toward plant-based products is likely to influence the pectin market growth.


In addition to its use in the food and beverage industry, pectin has applications in the pharmaceutical and cosmetic industries. Pectin is a binder and thickener in pharmaceutical products such as tablets and capsules. It is also used to produce creams and lotions in the cosmetics industry.


The fluctuation in the prices of raw materials used in producing pectin is a major restrain for pectin market growth. Pectin is typically produced from citrus peel and apple pomace, and the availability and cost of these raw materials can significantly impact the cost of pectin production.


Impact of COVID-19 on the Global Pectin Market


The COVID-19 pandemic moderately impacted the global pectin market. The pandemic caused a drastic impact on major business sectors. The rise in infections and restrictions on international trade caused temporary closures of several food processing industries, bakery manufacturers, and personal care. This led to a negative impact on the food additive market, including pectin. Furthermore, shortage in the supply of raw materials for pectin production impacted the market's supply side, impacting the global pectin industry growth.


Key Insights


The report will cover the following key insights:



  • Parent market overview

  • COVID-19 impact on the market

  • Industry growth and impact

  • Industry dynamics – drivers, restraints, and opportunities

  • Market trends, recent developments, and new product launch

  • Market sizing, estimation, forecasting, and growth prospects

  • Regional analysis


Analysis by Source


Based on source, the citrus fruits segment is expected to account for a significant pectin market share. Citrus fruits, especially lemons, grapefruits, and oranges, contain more amount of pectin than other sources. Raw materials, such as the peel of citrus fruit, are available easily at a lesser cost. Furthermore, citrus fruits contain active phytochemicals that help protect health and provide vitamin C, folic acid, and potassium. There is a rise in consumer demand worldwide for clean-label ingredients. Thus, citrus pectin manufacturers instigate to strengthen their product portfolio. For instance, in November 2019, Copenhagen Pectin (CP) Kelco, one of the leading nature-based ingredient solutions companies, launched NUTRAVA Citrus fiber. The product is a clean-label ingredient that is sustainably sourced from intact citrus peels. The company has constantly been directing its efforts on innovating clean-label citrus pectin offerings with the launch of label-friendly citrus pectin.


Analysis by Type


Based on type, high methoxyl pectin segment is expected to hold a major revenue share in the global pectin market. High methoxyl pectin is used majorly in functional foods. The difference between high methoxyl pectin and low methoxyl pectin is that high methoxyl pectin requires a large amount of sugar to gel properly, whereas low methoxyl pectin requires less sugar. Thus, high methoxyl pectin is used in jams and jellies, which escalates the demand for high methoxyl pectin.


Analysis by Application


Based on application, the food and beverage segment is expected to dominate the pectin market. There is high demand for pectin in several food products, such as jams, jellies, spreads, bakery and confectionery, and increasing applications in spreads, sauces, and dressings. It is majorly used as an emulsifier, gelling agent, thickener, stabilizer, and fat or sugar replacer in low-calorie foods. Adding pectin to food emulsions as an antioxidant favors numerous functionalities and allows manufacturers to reduce synthetic additives and achieve clean-label products.


Analysis by Region



Europe is expected to dominate the global pectin market share. The increasing consumption of ready-to-eat and ready-to-drink beverages has propelled the application of food stabilizers such as pectin in the Europe market. One of the major drivers of the Europe pectin industry is the increasing demand for natural and organic food products. Customers are becoming more health-conscious and seeking food products free from synthetic additives and preservatives. Pectin is a natural alternative to artificial thickeners and stabilizers. It is widely used to produce natural and organic products such as jams, jellies, and fruit preserves.


Key Market Players



  • DowDupont,

  • Cargill Incorporated,

  • Copenhagen Pectin (CP) Kelco,

  • Koninklijke DSM N.V,

  • Herbstreith & Fox,

  • Yantai Andre Pectin Co Ltd,

  • Naturex,

  • Lucid Colloids Ltd.,

  • Devson Impex Private Limited.


Pectin Market Segmentation Analysis


















By Source



By Type



By Application



By Geography




  • Citrus Fruits

  • Apple

  • Sugar Beet

  • Others




  • High Methoxyl Pectin

  • Low Methoxyl Pectin



 


 


 


 



  • Food and Beverage

  • Personal Care and Cosmetics

  • Pharmaceuticals

  • Others



 



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (UAE, South Africa, and Rest of MEA)



Key Industry Developments



  • In September 2021, Cargill Incorporated, an American global food corporation company, opened a USD 150 million pectin processing factory in Brazil. The plant significantly expands the company’s ability to meet the growing global demand for the label-friendly texturizing ingredient.

  • In December 2020, Copenhagen Pectin (CP) Kelco, one of the leading nature-based ingredient solutions companies, launched GENU Pectin YM-FP-2100, a clean-label-friendly ingredient. The new product provides a medium-to-high viscosity in the fruited drinking yogurt and ease of pumpability at the fruit prep stage.

  • Global
  • 2023
  • 2019-2022
  • PRICE
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