Pectin exhibits significant characteristics such as it enhances the colour, improves the texture as well as increases the shelf-life of food products. In addition, the gelling, thickening and stabilizing attributes of pectin make it an essential constituent of numerous food products like jams, jellies, yogurts, desserts, marmalades, acidified milk and protein drinks. Apart from this, pectin also offers various health benefits as it helps in preventing high cholesterol levels, improving digestive health, reducing the risks of cancer and combating gastroesophageal reflux disease.
According to a new report by Expert Market Research, the global pectin market reached a value of US$ 1,992 Million in 2018 and is further expected to reach US$ 3,273 Million by 2024. Over the past several years, there has been a proliferated demand for pectin as its usage has increased in the food and beverage industry. Moreover, a strong growth has also been witnessed in emerging as well as developed market. Some of the other factors that have further fuelled the market growth include rising health consciousness among consumers and growing preferences for functional foods.
Key findings from the report:
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Expert Market Research has analysed the global pectin market according to raw material, end-use, major regions and top players:
Market breakup by Raw Material
Market breakup by End-use
Market breakup by Region
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"Global Pectin Market: By End-Use Industries,Drinking and spoon able Yoghurts, Jam and Preservers, Other Milk Drinks, Fruit Beverages; By Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa; Raw Material Market: Citrus Fruits, Ethanol, Hydrochloric Acid; Historical Market (2015-2019) and Market Forecast (2020-2025); Market Drivers, Opportunities and Threats; Competitive Landscape; Price Analysis; Trade Analysis; Cost Analysis"
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