Pectin Market Growth, Industry Outlook, Demand, Keyplayer Analysis and Opportunity 2020-2025 | IMARCGroup

17/dic/2020 11:15:16 IMARC Group Contatta l'autore

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According to the  global pectin industry market report by IMARC Group, the market has grown at a CAGR of 5.7% during 2014-2019. Pectin is a polysaccharide that is naturally present in all fruits and vegetables. Commercial pectin is primarily extracted from natural plant-based raw materials, such as apple pomace and citrus peel. It acts as a stabilizer in fruit products, like marmalades, yogurts, desserts and bakery products. It also improves the texture of drinks and gives them a jelly-like consistency due to its gelling property.

Global Pectin Market Trends:

Pectin is a source of high fiber and is also used as a treatment for diabetes, aids weight-loss, controls diarrhea and lowers cholesterol levels. This, along with its growing applications across a wide range of industries, acts as a significant driver of the global pectin market. For instance, in the pharmaceutical industry, it is widely used to heal wounds and create specialty medical adhesives. It is also utilized to provide cohesion and stability in tissues and cells. In the food industry, pectin is extensively used as it increases the shelf-life, reduces cooking time and improves the texture and color of the food. Apart from this, the growing health concerns,

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Request For Free Sample Pdf Copy @  https://www.imarcgroup.com/pectin-technical-material-market-report/requestsample

Global Pectin Market Segmentation:

Raw Material Insights:

Citrus peel, apple peel and other fruit and vegetable residues are the major raw materials used in the production of pectin. Currently, citrus peels are the most popular raw material used for pectin production as they contain around 20-30% of pectin.

End-Use Insights:

Based on end-use, the report finds that jams and preserves currently represent the largest end-use segment of pectin as it preserves their fresh flavor and maintains their natural color. It is followed by drinkable and spoonable yoghurt, bakery and confectionery, fruit beverages and other milk drinks.

Regional Insights:

On a geographical front, Europe is the leading market for pectin on account of its high demand in the food and beverages industry. Other major regions are Asia, North America and Latin America.

Competitive Landscape:

The market is highly concentrated with the presence of a handful of players due to high capital investment. Some of the leading players operating in the market are:

CP Kelco
DuPont (NYSE: DD)
Cargill
Herbstreith & Fox
Naturex
Yantai Andre Pectin

For more information about this report:  https://www.imarcgroup.com/pectin-technical-material-market-report

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IMARC is a leading market research company that provides market and business research intelligence across the globe. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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