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Report Overview

The global pectin market reached a volume of about 86.46 KMT in 2023. The market is further expected to grow at a CAGR of 3.10% in the forecast period of 2024-2032 to reach approximately 113.80 KMT by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • Due to its health benefits, pectin supplements are used to prevent and control high cholesterol, hypertension, diarrhoea, heartburn, cancer, and prediabetes, among others.
  • The popularity of pectin is rising owing to consumer demand for nature-derived, easy-to-understand labels.
  • Research on sustainably extracting pectin from fruit sources and fruit wastes other than apple and citrus peels will potentially help in reducing waste from the food processing sector.

Compound Annual Growth Rate

Value in KMT

3.1%

2024-2032


Pectin Market Outlook

*this image is indicative*

Pectin Market

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Global Pectin Market Growth

Pectin has gained popularity as an ingredient in nutraceutical drinks, such as smoothies, sugar-free juices, and high-fibre drinks. Pectin's ability to aid in viscosity control and enhance the flavour release and mouthfeel of drinks and smoothies has supported its consumption. It is also used in the production of energy drinks for fitness enthusiasts, owing to its low-calorie content.

The growing awareness regarding the health benefits offered by apple pectin, such as controlling blood sugar levels, improving heart health, and increasing iron absorption, is supporting its consumption. Additionally, the rising demand for yoghurt as a source of protein and calcium is aiding the incorporation of apple pectin in yoghurt to enhance its rheological properties and storage stability.

Additionally, pectin also supports the development of plant-based food products by enhancing their texture, crucial to meet the needs of the rising vegan population.

Figure: Share of vegans in select countries worldwide in 2023

Pectin Market

Key Trends and Developments

Pectin Market Trends

The need to boost protein intake and improve nutrition is driving the demand for drinkable and spoonable yoghurt. The supplementation of yoghurt with pectin improves its flavour, lengthens its shelf life, creates a creamy, rich texture, and stabilises emulsions. Fruit-based pectin is helping manufacturers produce yoghurts with a desirable mouthfeel while also meeting the needs of consumers seeking label-friendly ingredients.

Pectin is majorly sourced from apple and citric peels, however, progressing research and development to extract pectin from other possible fruit sources and fruit wastes, such as cocoa husk, sunflower heads, sugar beet, pumpkin, watermelon, pears, and potato pulp is growing.

Additionally, pectin has grown in importance in the healthcare sector owing to its ability to remove harmful compounds from the body, such as heavy metals, and long-life radionuclides of strontium, yttrium, and caesium. It is also used for removing harmful substances such as nitrates, free radicals, and xenobiotics as well as an excess of cholesterol, urea, and bile acids.

Pectin Market by Segments

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Pectin Industry Segmentation

“Global Pectin Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Raw Material

  • Citrus Peel
  • Apple Peel
  • Others

Market Breakup by End Use

  • Jams and Preserves
  • Drinkable and Spoonable Yoghurt
  • Bakery and Confectionery
  • Fruit Beverages
  • Other Milk Drinks
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Pectin Market Share

Based on raw material, citrus peel accounts for a significant share of the market

Pectin produced from citrus peels is known to possess excellent gelling, thickening, water-holding, and encapsulating properties, due to which, it finds applications in food processing and preservation, drug and therapeutic agents, as well as in cosmetics, and personal care products.

Due to growing health concerns, the consumption of supplements is rising. Supplements made of apple peel pectin are a great source of nutrients and offer health benefits, such as good gut health, healthy weight, reduced degeneration of hair and skin cells, aids in managing blood sugar levels, and boosts heart health.

Based on end use, jams and preserves are the major contributors to the pectin market revenue

Pectin is commonly used in marmalades, jams, and jellies as it produces a desirable gelatinous texture when cooked at a high temperature with acid and sugar. With the rising trend of using clean, label friendly ingredients, pectin is finding applications in eliminating the requirement for calcium salts to improve the texture of even low-sugar homemade jellies and jams.

The rising consumption of low-sugar fruit beverages, yoghurts, and other milk drinks amid the growing health consciousness is surging the use of pectin to improve their taste profile and mouthfeel.

Leading Pectin Market Manufacturers

The market players are engaged in increasing their production capacities and adapting innovative approaches, such as thermal and non-thermal extraction technologies, to provide innovative customised pectin products

CP Kelco U.S. Inc.

CP Kelco is a nature-based ingredient solutions company based in the United States, with experience in the food, beverages, home care products, personal care products and ingredients, among others. The company is a subsidiary of J.M. Huber Corporation.

International Flavors & Fragrances, Inc.

Founded in 1958, it is a leading manufacturer of food, beverage, scent, and pharma solutions and complementary...

Cargill Inc.

It is a global food company based in the US and is engaged in agriculture, finance, and industrial products bu...

Herbstreith & Fox GmbH & Co. KG

Herbstreith & Fox, a German family-owned business, is engaged in producing high-quality apple and citrus pecti...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Naturex S.A

Naturex, headquartered in France and a part of Givaudan, is a global leader engaged in providing plant based natural ingredients to clients. The company operates its business through its three segment categories including food and beverage, nutrition and health, and personal care.

The companies engage in extensive research and development to formulate innovative products and actively provide customer-oriented solutions with extensive and specialised knowledge.

Pectin Market by Region

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Pectin Market Analysis by Region

The Asia Pacific region is one of the leading consumers of pectin

Consumers in the Asia Pacific region are seeking high-quality and innovative acidified dairy drinks, due to which key players are developing processing techniques to increase pectin purity and improve pectin stabilisation potency with high-performance sensory and functional performance. In addition, the demand for pectin with enhanced functionality to provide improved protein stabilisation as well as a lighter and refreshing mouthfeel in acidified dairy drinks is significantly increasing.

The Mediterranean climate of Europe, with its large temperature difference between day and night, contributes to an optimal ripening process and prevalence of citrus fruits. This has resulted in the increased availability of pectin in the region, as citrus fruit contains 0.5%-3.5% pectin, which is largely present in peel portion of the fruit.

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Pectin Market Report Snapshots

Pectin Market Size

Pectin Market Growth

Pectin Market Trends

Pectin Market Share

Pectin Manufacturers

Pectin Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a volume of about 86.46 KMT in 2023.

The market is expected to grow at a CAGR of 3.10% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach approximately 113.80 KMT by 2032.

The key raw materials include citrus peel, apple peel, and others.

The key regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The end uses of pectin include jams and preserves, drinkable and spoonable yoghurt, bakery and confectionery, fruit beverages, other milk drinks, and others.

The factors driving the market growth include an increasing inclination towards clean-label foods, a rising vegan population, and increasing research and development activities.

The key players in the market include CP Kelco U.S. Inc., International Flavors & Fragrances, Inc., Cargill Inc., Herbstreith & Fox GmbH & Co. KG, and Naturex S.A, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Raw Material
  • End Use
  • Region
Breakup by Raw Material
  • Citrus Peel
  • Apple Peel
  • Others
Breakup by End Use
  • Jams and Preserves
  • Drinkable and Spoonable Yoghurt
  • Bakery and Confectionery
  • Fruit Beverages
  • Other Milk Drinks
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Feedstock Analysis
  • Citrus Fruit
  • Ethanol
  • Hydrochloric Acid
  • Feedstock Price Analysis
Companies Covered
  • CP Kelco U.S., Inc.
  • International Flavors & Fragrances, Inc.
  • Cargill Inc.
  • Herbstreith & Fox GmbH & Co. KG
  • Naturex S.A
  • Others 
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40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124