Pectin Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Market Overview:
Pectin Market is expected to grow at a CAGR of 6.5% during the forecast period (2023-2030)
Pectin is a natural component from plants and is found abundantly in apples and citrus fruits. It is widely used in the fruit processing industry for confectionery applications and acts as a stabilizing agent in the production of acidified milk beverages and yogurt drinks.
It occurs naturally in terrestrial plants and is found abundantly found in citrus fruits, apples,s, and sugar beet pulp. The key functions of pectin in various food and non-food applications include gelling, thickening, stabilizing, acid-stability, and pH balancing.

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Market Dynamics:
1. Growing demand for jams, jellies, and confectioneries is the primary factor driving the global pectin market.
2. Increased consumer preferences and desires towards dairy and plant-based protein products are expected to boost the market for clean label foods and pectin globally during the forecast period.
3. It is increasingly used to stabilize acidic protein drinks including drinking yogurt, besides being a fat substitute in baked food products.

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Market Segmentation:
• By Product Type
o High Methoxyl Pectin
o Low Methoxyl Pectin
o Amidated Pectin
• By Source
o Citrus Peels
o Sugar beet Pulp
o Apple
• By Application
o Fruit Preserves & Confectionaries
o Beverages
o Pharmaceutical
o Beauty & Personal Care
o Others

Company Profiles:
1. Naturex AG
2. Pacific Pectin, Inc.
3. Cargill, Incorporated.
4. Silvateam S.p.a.
5. CEAMSA
6. DuPont Nutrition & Biosciences
7. Herbstreith & Fox KG Pektin-Fabriken
8. CP Kelco U.S., Inc.
9. TIC Gums, Inc.
10. Herbafood Ingredients GmbH
11. Ube Industries, Ltd.

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