Pectin Market Racing to a Heightened Growth of USD 1.9 Billion by 2025

The rising demand for the consumption of the natural & organic product, owing to various health benefits related to it, is expected to surge the demand for pectin globally.

The Global Pectin Market is expected to reach USD 1.9 billion by 2025, according to a new report by Grand View Research, Inc.

Major raw materials used for the production of pectin are apple and dried citrus peel. Pectin is regarded as a safe food substance through various government food agencies. Its usage and composition are regulated under food additive law by various countries. It has also been considered as an Acceptable daily intake (ADI) by the various scientific committee for Food such as FAO, WHO, & JECFA, and is listed on that basis in the Codex General Standard for Food Additives.

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The major business players in the industry invest extensively in R&D in order to develop their product portfolio with superior product properties to meet the growing industry demand. Herbstreith & Fox is one such pectin manufacturer, engaged in research activities and product development. Numerous participants also incorporate third-party R&D companies to gain a competitive advantage.

Top Players of Pectin Market:

Key players present in the market are DuPont Nutrition & Health, FMC Corporation, CP Kelco, Cargill, Incorporated, Herbstreith & Fox, Devson Impex Private Limited, Yantai Andre Pectin Co. Ltd., and B&V srl.

Market Segmentation of Pectin Market:

The Global Pectin Market Segmented on the basis of Function and Application.

By Fuction:

Thickener
Stabilizer
Gelling agent
Fat replacer

By Application:

Food & Beverage
Pharmaceuticals
Bakery
Dairy Products

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