Press release
Emerging Trends Influencing The Growth Of The Pectin Market: FF Launches DIAZYME NOLO For Enhanced NOLO Beer Experience
The Pectin Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Pectin Market?
In the past few years, the pectin market has seen significant expansion. The market size is projected to increase from $1.28 billion in 2024 to $1.37 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The impressive growth during the historical period is due to factors such as the expansion of the fruit processing industry, increased knowledge of health benefits, the internationalization of food trade, broadened usage of pectin, and government regulations and standards.
In the upcoming years, the pectin market is projected to experience robust growth, expanding to a value of $1.79 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 6.9%. The surge during this forecast period can be attributed to factors such as the clean label movement, a rise in demand for low-sugar and sugar-free products, an escalating demand for functional foods, the pharmaceutical industry's expansion, and increased usage in the pet food industry. Prominent trends for this forecast period comprise trends in biodegradable packaging, advancements in extraction technology, research and development into different pectin variants, sustainable sourcing, and incorporation in nutraceuticals.
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What Are the Emerging Segments Within the Pectin Market?
The pectin market covered in this report is segmented -
1) By Type: HM Pectin, LM Pectin
2) By Function: Thickener, Stabilizer, Gelling Agent, Fat Replacer, Other Functions
3) By Raw Material: Citrus Fruits, Apples, Sugar Beet
4) By Distribution Channel: Direct, Indirect
5) By Application: Food And Beverage, Pharmaceuticals, Bakery, Dairy Products, Other Applications
Subsegments:
1) By HM Pectin (High Methoxyl Pectin): Citrus HM Pectin, Apple HM Pectin
2) By LM Pectin (Low Methoxyl Pectin): Citrus LM Pectin, Apple LM Pectin
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What Long-Term Drivers Are Shaping Pectin Market Trends?
As the intake of food and beverages grows, it is anticipated to stimulate the pectin market's development. Pectin, often found in food and drinks, aids in maintaining blood sugar levels and promoting digestive wellness. It specifically refers to edible substances that have been cooked or processed for human consumption. The rise in food and drink consumption can be attributed to increased disposable income, urbanization, and lifestyle changes. For example, the National Association of Convenience Stores, an American industry organization, stated in 2023 that the total sales from the foodservice industry, including prepared food, commissary products, and dispensed drinks, constituted 26.9% of in-store sales, a growth from 25.6% in 2022. Moreover, sales from prepared food in 2023 expanded by 12.2% per store monthly compared to the prior year, making it the leading category for in-store sales. Consequently, the escalating consumption of food and drinks will spur the growth of the pectin market.
Who Are the Top Competitors in Key Pectin Market Segments?
Major companies operating in the pectin market include CP Kelco, Cargill Incorporated, Herbstreith and Fox GmbH, Naturex Inc., Lucid Colloids Ltd, Silvateam SpA, Koninklijke DSM N.V., Ingredion Incorporated, International Flavors and Fragrances Inc., FMC Corporation, Yantai Andre Pectin Co. Ltd, Tate & Lyle LLC, Ceamsa, B.&V.SRL, Haisheng Group, Pomona's Universal Pectin, JM Huber Corporation, Foodchem International Corporation, Pacific Pectin Inc., Jinfeng Pectin, Yuning Bio-Tec, Obipektin AG
What Pectin Market Trends Are Gaining Traction Across Different Segments?
Key players in the pectin market are concentrating their efforts on the advancement of enzyme functionality technology to improve the effectiveness and quality of pectin extraction, enhance product stability and broaden its uses across food, pharmaceuticals, and cosmetics sectors. Enzyme functionality is a specific biochemical activity of enzymes that speeds up reactions, thus improving variable processes such as extraction and modification in several industries. For instance, International Flavors & Fragrances, Inc., a company based in the US, launched a product named DIAZYME NOLO in September 2024. This product was developed to enhance the taste and texture of NOLO beers. DIAZYME NOLO allows the transformation of fermentable maltose to non-fermentable isomalto-oligosaccharides (IMOs), enabling brewers to produce beverages that simulate the experience of conventional beers but maintain low alcohol levels.
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Which Regions Are Becoming Hubs for Pectin Market Innovation?
Europe was the largest region in the pectin market in 2024. Asia-Pacific is expected to be the fastest-growing region in the pectin market report during the forecast period. The regions covered in the pectin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pectin Market?
2. What is the CAGR expected in the Pectin Market?
3. What Are the Key Innovations Transforming the Pectin Industry?
4. Which Region Is Leading the Pectin Market?
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India
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