According to IMARC Group’s latest report, titled “Pectin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the pectin market trends.
The global pectin market size reached a value of US$ 990 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1588.5 Million by 2027, exhibiting at a CAGR of 8.7% during 2022-2027. Pectin is a starch, also known as a heteropolysaccharide, that occurs naturally in the cell walls of vegetables and fruits, giving them their structure. Some common vegetables and fruits include sugar beet, apricots, apples, and oranges. It is a plant-based soluble fiber compound that is commercially produced in the form of white to light brown powder. Pectin helps in reducing cooking time, increasing shelf life, and improving the color and texture of the product. It is also employed as a gelling agent to thicken the consistency of marmalades, jellies, and jams. Regular consumption of pectin aids in reducing heartburn, cholesterol levels, diabetes, and gastroesophageal reflux disease (GERD).
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Pectin Market Trends:
The increasing demand for ready-to-eat (RTE) and convenience food products and the rising consumer health consciousness are some of the key factors positively supporting the market growth. The shifting consumption pattern due to hectic schedules and the rising awareness regarding the benefits of pectic are other factors creating a positive outlook for the market. Moreover, the surging demand for clean and natural label ingredients has compelled key market players to introduce organic product variants, which, in turn, is providing a considerable thrust to the market growth. Other factors, such as the growing adoption of high methoxyl (HM) pectin as a natural stabilizer and the rapidly expanding food and beverage (F&B) industry, are boosting the market growth.
Pectin Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the pectin market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- CP Kelco (J.M. HUBER Group)
- DuPont de Nemours, Inc.
- Cargill Incorporated
- Herbstreith & Fox GmbH & Co. KG
- Naturex SA
- Yantai Andre Pectin Co. Ltd.
Key Market Segmentation:
The report has segmented the pectin market on the basis of raw material, end-use and region.
Breakup by Raw Material:
- Citrus Peel
- Apple Peel
- Others
Breakup by End Use:
- Jams and Preserves
- Drinkable and Spoonable Yoghurt
- Bakery and Confectionary
- Fruit Beverages
- Other Milk Drinks
- Others
Breakup by Region:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Article source: https://article-realm.com/article/Politics/34149-Pectin-Market-Report-2022-Size-Share-Key-Players-Overview-Analysis-and-Forecast-to-2027.html
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