Global Pectin Market Report and Forecast 2024-2032

Global Pectin Market Size

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 3.1% in the forecast period of 2024-2032 to reach approximately 113.80 KMT by 2032.

Pectin Market Outlook

• 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.

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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

Key Trends and Developments

Increasing inclination towards vegan and sustainable options; rising research and development activities; increasing popularity of drinkable yoghurt; and the expanding pharmaceutical sector are impacting the pectin market growth

Oct 3, 2023

T.B. Fruit announced the opening of a plant for the production of pectin with a production capacity of about 3000 tons of apple pectin a year.

Sep 12, 2023

Cargill launched a new range of LM conventional (LMC) pectins, developed with proprietary technology in order to provide novel texture, suitable for both organic and conventional market applications.

Increasing popularity of vegan and sustainable options

Pectin, sourced from plants, is a vegan alternative and can be consumed by individuals following a vegetarian diet. Pectin is sought after as a texturiser with greater label compatibility due to the market demand for sustainable products.

Development in pectin sourcing from other raw materials

Research and developments are being extensively carried out to extract pectin from multiple other fruit sources and fruit wastes from industries, which will further reduce waste generation and strengthen pectin production.

Rising popularity of drinkable and spoonable yoghurt

There is a growing demand for drinkable and spoonable yoghurt as a replacement for other popular breakfast items. Additionally, individuals intending to improve their diets as a result of the added nutrients such as pectins also find drinkable yoghurt advantageous.

Demand from the pharmaceutical and healthcare sectors

Pectin is utilised in the pharmaceutical segment as a carrier for drug delivery, is effective in treating constipation and diarrhoea, and functions in throat lozenges as a demulcent. It also finds various applications in the healthcare sector.

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.

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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 adjacent products, including cosmetic active and natural health ingredients for use in consumer products.

Cargill Inc.

It is a global food company based in the US and is engaged in agriculture, finance, and industrial products business. The company manufactures its pectin products in four locations including Redon (France), Malchin (Germany), Milazzo (Italy), and Bebedouro (Brazil).

Herbstreith & Fox GmbH & Co. KG

Herbstreith & Fox, a German family-owned business, is engaged in producing high-quality apple and citrus pectin for application in food and non-food industries.

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.

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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.

Key Highlights of the Report

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Pectin Market Report Snapshots

Pectin Market Size

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Pectin Manufacturers

Pectin Market Regional Analysis