Report Code: A14130 | Pages: NA | Mar 2023 | 1724 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Pectin Market
Request Now !The pectin market has experienced a significant growth, and is expected to grow considerably in next few years. Pectin is a carbohydrate found in all fruits and vegetables and is important for plant growth. Industrially, it is extracted from citrus peels or apple pomace, and is used as a gelling agent, thickener; water binder and stabilizer in foods, medicines. Growth in necessity for organic & herbal cosmetic products among young population coupled with multi-functionality of pectin is anticipated to bring about potential opportunities for global industry growth.
COVID-19 Impact Analysis
Top Impacting Factors
The rise in food & beverage industry owing to growing exports and increasing consumer purchase parity has escalated sales, resulting in boosting product utilization for food manufacturing applications. Pectin supports the production of food products in the form of gelling agent, thickening agent and stabilizer, which should accelerate pectin market growth.
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Rapid technological development has led to the utilization of pectin polymers as edible coatings or films. These coatings act as natural barriers against lipids, gases, moisture, and volatile substances present between the food and environment, which should propel the product demand.
Rising penetration of dietary fiber in beverages including dairy and non-diary drinks has been observed, since it reduces bitterness of emulsifiers and provides smooth mouthfeel, which will fuel the global pectin market demand.
Market Trends
Pectin Considered as a Natural Product owing to its Medicinal PropertiesÂ
Vegan alternate to synthetic productsÂ
Key Benefits of the Report
Pectin Market Report Highlights
Aspects | Details |
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By Product Type |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Players | DuPont, Cargill, Incorporated, Naturex, CP Kelco, Herbstreith & Fox, CEAMSA, Silvateam S.p.A., Lucid Colloids Ltd., Yantai Andre Pectin Co. Ltd. |
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