Press release
Global Pectin Market 2017-2021.: Globally Growing At CAGR 7.54%, Significant Forecast, Trends And Opportunity
Pectin was first discovered in 1790 by the French chemist Louis Nicola Vauquelin. He was able to separate from fruit juice, a water-soluble substance that turns liquids into a gel. The name pectin is derived from the Greek word pektos that means curdling or congealing. The beneficial properties of pectin were discovered immediately even before its chemical composition was determined in the next century. Pectin is utilized widely in the food and beverage processing, cosmetics, and pharmaceutical industries.
Technavios analysts forecast the global pectin market to grow at a CAGR of 7.54% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global pectin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of pectin in key geographical regions, including APAC, Europe, North America, and ROW.
The market is divided into the following segments based on geography:
Europe
North America
APAC
ROW
Technavio's report, Global Pectin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Cargill
CP Kelco
DuPont
Herbstreith & Fox
Other prominent vendors
Compaa Espaola de Algas Marinas
Naturex
Silvateam
Tate & Lyle
Yantai Andre Pectin
Market driver
Rising demand in food and beverage industry owing to its functional properties
For a full, detailed list, view our report
Market challenge
Lack of availability of raw materials
For a full, detailed list, view our report
Market trend
Rising demand for pectin in pharmaceutical and cosmeceutical sectors
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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