openPR Logo
Press release

By 2026-end, Over 48,000 MT of Pectin will be Sold Globally: FMI Study

02-01-2019 10:45 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

By 2026-end, Over 48,000 MT of Pectin will be Sold Globally: FMI

People in the world will continue gulping down millions of tonnes of viscous foods such as jams, marmalades, and puree. Since a commercial-scale production of such food items requires the inclusion of thickening or gelling agents, a majority of food & beverage makers in the world are advancing their consumption of pectin. Future Market Insights recently conducted an in-depth analysis on pectin – a raw ingredient used in manufacturing a wide variety of food products. According to this study, nearly 34,000 metric tonnes of pectin was globally consumed in 2016. The study further estimates that by the end of 2026, the global pectin consumption would have soared at 3.7% CAGR and reached 48,735 metric tonnes.

As mentioned earlier, food manufacturers will continue consuming higher amounts of gelling agents. However, procurement of pectin is becoming less feasible for food processing plants. Difficulties arising while obtaining pectin through plants, apples or citrus peels are further complicating the production of jams and marmalades. As extracting pectin is a complex process, food manufacturers are seeking to replace the gelling agent with alternative hydrocolloids. Additionally, high prices of pectin and growing dependency on exporting pectin is also deterring manufacturers from increasing their production capacity. Factors as such are inhibiting the growth of global pectin market, constraining it to a below average CAGR. Currently valued at US$ 658.2 million, the global pectin market will expand moderately at 4.6% CAGR to bring in revenues worth just over one billion dollars by the end of 2026.

Request Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3041

Demand for Amidated Low Methoxyl Pectin will Surge

Based on the global pectin consumption forecasted to be consumed in the years to come, the global demand for high methoxyl pectin will grow at par with the demand for low methoxyl pectin. While the global pectin revenues will remain equally split among these two types of products, amidated low methoxyl pectin will be accounting for over 20% of global market value. In the due course of forecast period, global revenues amassed from sales of amidated low methoxyl pectin will have reached US$ 270 million in value. In the contrary, non-amidated low methoxyl pectin will be sold at a comparatively faster rate, exhibiting revenue growth at nearly 5% CAGR.

Production of Jams & Jellies Boosting Pectin Sales

With a significant rise in global consumption of jams and jellies, global demand for pectin will also witness sufficient increment. By 2026, the global revenues accounted by application of pectin in production of jams and jellies will have reached nearly US$ 200 million. Pectin revenues emanating from global sales of jams and jellies are anticipated to exhibit growth at 5.2% CAGR. Applications such as production of confectionery items, dairy products & frozen desserts, beverages, and bakery fillings & toppings will bring in revenues worth over US$ 100 million by the end of forecast period. On the other hand, the demand for pectin will be the lowest in global meat & poultry products industry.

Ask the Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-3041

In the report, titled “Pectin Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” North America and Western Europe are being identified as the dominant regions for sales of pectin products. For the time being, the Asia-Pacific excluding Japan region is being expected to incur revenue growth at a steady 5.1% CAGR. The pectin market in Japan and the Middle East & Africa (MEA) will be expanding at the highest value CAGR of 6.1%, while Eastern Europe will exhibit sluggish growth during the forecast period. The report has profiled leading players in the global pectin market, which include, Cargill Incorporated, DuPont (Danisco), CP Kelco, Herbstreith & Fox, Yantai Andre Pectin Co., Ltd., Silvateam Food Ingredients, Naturex Group, CEAMSA, and Lucid Colloids Ltd.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +13479183531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release By 2026-end, Over 48,000 MT of Pectin will be Sold Globally: FMI Study here

News-ID: 1552978 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Pectin

Pectin Market | Top assemblies key player - CP Kelco, Danisco (DuPont), Cargill, …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalogue by adding a fresh study titled “Pectin Market Analysis & Evolving Opportunities Studied for the Period Until 2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026.The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated to
Global Pectin Market 2019 - Yantai Andre Pectin, Silvateam, Naturex, Jinfeng Pec …
Pectin is a structural heteropolysaccharide contained in the primary cell walls of terrestrial plants. It is produced commercially as a white to light brown powder, mainly extracted from citrus fruits, and is used in food as a gelling agent, particularly in jams and jellies. It is also used in fillings, medicines, sweets, as a stabilizer in fruit juices and milk drinks, and as a source of dietary fiber. Pectin is a
Global Fruit Pectin Market 2019 Key Players:Cargill, Yantai Andre Pectin, DuPont …
Fruit Pectin Market: WiseGuyReports.com adds “Fruit Pectin Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025” reports tits database. Executive Summary Pectin has become a prominent ingredient in processed dessert fillings, drinks, sweets, etc. The product is also used as a stabilizer in various types of fruit juice and milk drink as well as added in food products to increase their fiber content. The consumption of processed food has reached
HM Pectin Dominates Citrus Pectin Demand, LM Pectin Sales Growing on the Back of …
Global consumption of citrus pectin is expected to reach nearly 10,000 tonnes in 2018, a marginal rise of 400 tonnes over 2017, according to Fact.MR’s new study. Overall growth of the Citrus Pectin Market can be attributed to, Considerable demand for natural hydrocolloid emulsifiers in the food and beverage sector Promising results regarding modified citrus pectin’s anti-cancer properties FDA’s recent guidance on certain non-digestible carbohydrates including citrus fibers to be termed as dietary
Pectin Market 2018 Global Analysis By Key Players – Cargill, Yantai Andre Pect …
Summary WiseGuyReports.com adds “Pectin Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Pectin Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Pectin Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product
Pectin Market Demand for Amidated Low Methoxyl Pectin will Surge
People in the world will continue gulping down millions of tonnes of viscous foods such as jams, marmalades, and puree. Since a commercial-scale production of such food items requires the inclusion of thickening or gelling agents, a majority of food & beverage makers in the world are advancing their consumption of pectin. Future Market Insights recently conducted an in-depth analysis on pectin – a raw ingredient used in manufacturing a