Global Pectin Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Pectin Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Source (Citrus Fruits, Sugar Beet, and Other Sources), Application (Beauty and Personal Care, Food and Beverage, (Jam, Jelly, and Preserve, Baked Goods, Dairy Products, and Other Foods and Beverages), Pharmaceuticals, and Other Applications), Type (High Methoxyl Pectin, and Low Methoxyl Pectin), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Pectin Market was valued at USD 1,037.6 million in 2023 and is expected to reach USD 1,616.6 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global pectin market growth. Pectin, a natural polysaccharide found in the cell walls of plants, especially fruits, is a complex carbohydrate classified as a hydrocolloid. It belongs to substances that form gels upon contact with water. In the food and beverage industry, pectin is extensively utilized for its gelling, thickening, and stabilizing properties.
Increasing demand for natural and clean label products, along with expanding applications in the food and beverage industry, drives growth in the pectin market. However, obstacles such as fluctuations in raw material availability and prices, along with competition from substitute ingredients, may hinder market expansion.
Furthermore, the global pectin industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Source Analysis
The Global Pectin Market is segmented among Citrus Fruits, Sugar Beet, and Other Sources, based on Source. In 2023, Citrus Fruits accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Pectin Market is segmented among Beauty and Personal Care, Food and Beverage, Pharmaceuticals, and Other Applications, based on Application. In 2023, Food and Beverage accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Pectin Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are International Flavors & Fragrances, JM Huber Corporation (CP Kelco), Cargill Incorported, Herbstreith and Fox Corporate Group, Silvateam SpA, Royal DSM, Foodchem International Corporation, Ingredion Incorporated, Lucid Colloids Ltd, and Pacific Pectin Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Pectin Market Dynamics
Drivers
Restraints
Opportunity
4. Global Pectin Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Pectin Market Segmentation, By Source
Global Pectin Market Share Analysis, By Source
Global Pectin Market Growth Analysis, By Source
Global Pectin Market Trends, By Source
o Citrus Fruits
o Sugar Beet
o Other Sources
6. Global Pectin Market Segmentation, By Application
Global Pectin Market Share Analysis, By Application
Global Pectin Market Growth Analysis, By Application
Global Pectin Market Trends, By Application
o Beauty and Personal Care
o Food and Beverage
Ø Jam
Ø Jelly
Ø Preserve
Ø Baked Goods
Ø Dairy Products
Ø Other Foods and Beverages
o Pharmaceuticals
o Other Applications
7. Global Pectin Market Segmentation, By Type
Global Pectin Market Share Analysis, By Type
Global Pectin Market Growth Analysis, By Type
Global Pectin Market Trends, By Type
o High Methoxyl Pectin
o Low Methoxyl Pectin
8. Global Pectin Market Segmentation, By Region
Global Pectin Market Share Analysis, By Region
Global Pectin Market Growth Analysis, By Region
Global Pectin Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
International Flavors & Fragrances*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
JM Huber Corporation (CP Kelco)
Cargill Incorporated
Herbstreith and Fox Corporate Group
Silvateam SpA
Royal DSM
Foodchem International Corporation
Ingredion Incorporated
Lucid Colloids Ltd
Pacific Pectin Inc
*Similar analysis will be provided for each company listed above.