Pectin Market will Steadily Grow with latest trends Analysis including Top Key Player’s CP Kelco, Cargill Inc., Devson Impex Pvt. Ltd., Nestlé S.A., Danone S.A., Unilever, Kellogg NA Co., Yantai Andre Pectin Co. Ltd.

Pectins are the carbohydrates and fibers extracted from the fruits, vegetables, and seeds found in all primary cell walls of all seed bearing plants. Pectins are a high source of fibers and are mainly used in the food and medical industry. They are used to cure diarrhea, lower cholesterol, treat diabetes, weight loss, ulcerated mouth, sore throat, triglycerides, gastro esophageal reflux disease, colon cancer, and prostate cancer. Pectins are high in fibers and also possess thickening properties, and hence used as a gelling and thickening agent in the food industry, particularly in jams and bakeries. They are also used as stabilizers in fruit juices and milk drinks.

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Pectin Market Outlook –

-Europe is the largest market in the world for pectin, due to its high availability of consumers.

-Asia Pacific is the second largest market of pectin in the world, owing to the increasing population and increasing incidence of diseases amongst the population in this region.

-North America is the major importer of pectin, whereas Mexico is the largest exporter of pectin. The trade agreement NAFTA makes the U.S. an attractive market for Mexican manufactured pectin.

-Latin America and the Middle East, have low consumption of pectin due to the lack of knowledge among people in these regions.

The pectins are also used in the medical industry, due to its properties of thickening and stabilizing, absorbing moisture, increasing volume, thus being able to increase the shelf-life of products. Owing to its properties, pectins are added to medicines, baked goods, and dairy product.

Pectin Market Challenges

Harmful chemicals are used in the preparation of pectin and the government has imposed regulations against its use. The availability of raw materials and many complexities while preparation, are the major challenges experienced by the pectin market.

Some of the key companies dominating the market are CP Kelco, Cargill Inc., Devson Impex Pvt. Ltd., Nestlé S.A., Danone S.A., Unilever, Kellogg NA Co., Yantai Andre Pectin Co. Ltd., Danisco A/S, and B&V srl.

Pectin Market Taxonomy

On the basis of product, the pectin market is classified into:

High methoxyl pectin
Low methoxyl pectin

On the basis of application, the pectin market is classified into:

Food and Beverages
Bakery filling and topping
Confectionary
Dairy Product and Frozen Desserts
Dietary Supplements
Functional Food
Jams and Jellies

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This release was published on openPR.