Pectin Market Development Report 2020-2025

1. Increasing demand for natural ingredients drive the Global Pectin Market Global Pectin Market estimated to grow with a CAGR of about 6% by 2025 Europe holds the significant share in the Global Pectin Market Market overview: The global Pectin Market was at USD 1.0 billion in 2019, and it is foreseen that it will reach a valuation of USD 1.5 billion by 2025 at a CAGR of 6.0% during the envisioned period. Pectin is a carbohydrate present in the cell wall of plants and is derived primarily from citrus fruits such as oranges, berries, lemons, and apples. Pectin is initially insoluble and can be converted to soluble pectin by heating in an acid medium. Pectin forms a gel when dissolved in water under certain suitable conditions. The gelling properties of pectin have been known for centuries and are generally commercially available as a white or light brownish powder. Due to its gelling properties, it is widely used as a thickener and stabilizer, especially in jams and jellies, going from a syrupy texture to a spreadable texture. It is also mixed with other fruit products such as desserts, yogurt, juices, and bakery products. Pectin is also widely used in the pharmaceutical industry as a wound healing agent and other medical adhesive. In addition to these properties, pectin is a rich source of dietary fiber, showing various health benefits, such as lowering cholesterol, improving insulin resistance, preventing colored cancer, managing diabetes, and more. Recent developments: In May 2019, DowDuPont's Specialty Products Division formed the DuPont Nutrition & Life Sciences division by combining the nutrition and health sciences and industrial life of both divisions. In March 2019, DSM was launched by Yantai Andre Pectin Co. Limited. Increased stake in (China) from 29% to 75%. This will help DSM to expand the pectin market in Asia. Market Drivers and Restrains: Along with changes in lifestyle, there has been a significant increase in obesity and cardiovascular disease in the population. Pectin can serve as a great fat substitute with properties that reduce sugar, fat, and calories and make high-fiber products healthy. With a growing number of diet conscious customers looking for alternatives to reduce fat and calories in their diet, pectin, an ingredient in

2. these products, can become a healthy substitute and promote growth. Increased exports and greater consumer buying equality led to an increase in the food and beverage industry, leading to increased sales volume and better product utilization in food manufacturing applications. Pectin is used as a gelling agent in a variety of fruit-based products, including fruit preparations for jams, jellies, marmalades, yogurt, and desserts, and fruit fillings for bakery products. The increased use of pectin in acidified dairy applications for fruit juices, protein stabilization, low calorie jams, and acidified protein drinks to improve texture has supported market growth in recent years. However, the citrus industry is reducing supply due to lack of availability and rising prices. The cost of raw materials for pectin production has increased due to the increased cost and price of citrus. To know more read: https://www.marketdataforecast.com/market-reports/pectin-market Report is segmented as: The HM pectin segment by type is supposed to dominate the pectin market during the outlook period. HM pectin is the most common type of pectin and is indicated as fast-setting or slow-setting. By raw material, the citrus sector is expected to dominate the pectin market during the forecast period. The demand for citrus fruits in the pharmaceutical and personal care industry has increased dramatically over the last decade. Depending on the application, the food and beverage sector is likely to dominate the pectin market during the forecast period. This can be credited to be high demand for natural ingredients in the making of jams, jellies and spreads, bakeries and confectionery, and the rising usage of sauces, dressings and meat products. Geographical Segmentation: Due to the high demand for functional dairy products and prepared foods in Europe, pectin, a plant substitute for these foods, is increasing in demand in Europe, followed by the United States, where consumer awareness of products that improve health is high. The Asia Pacific region may turn out to be the fastest growing pectin region, with increased awareness of functional and convenient foods for health and higher consumer spending. Impact of COVID 19 on Pectin Market The Covid-19 outbreak slowed down the pectin induction process with blockages that disrupted the value chain. However, the demand for pectin continues to grow

3. due to its proven effectiveness as a health ingredient. The spread of COVID-19 has reversed food supply operations that are affecting the growth of the pectin market. Demand for pectin could be negatively affected next year as the explosion disrupts the production capacity of manufacturers that produce dairy and convenience products. Key market players: Major players in the global pectin market include Yantai Andre Pectin Co. Ltd., B&V srl, FMC Corporation, Herbstreith & Fox, Devson Impex Private Limited, CO Kelco, Cargill, Inc, and DuPont Nutrition & Health. View sample and decide: https://www.marketdataforecast.com/market-reports/pectin-market/request- sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich

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