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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.
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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The market reached a volume of about 86.46 KMT in 2023.
The market is expected to grow at a CAGR of 3.1% 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.
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