The global fruit pectin market was worth US$ 942.6 Million in the year 2022 and is expected to reach US$ 1,470.5 million in 2032 at a CAGR of 5.6% between 2022 and 2032.
Greenhouse gas emissions could be reduced by disposing off waste in landfills; but only after high-value compounds such as pectin along with the other bioactive chemicals are extracted from fruit processing waste. This extraction process ought to be environmentally-friendly, cost-effective, and long-lasting. In other words, just using waste does not suffice. Plus, it’s important to look through sustainability challenges of the existing process from life cycle perspective.
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With rising demand for dairy drinks abreast with fruit flavors, the fruit pectin market is all set to create wonders in the food and beverages vertical going forward. The customers looking out for new, cutting-edge items providing label-friendly and vegan choices could definitely expect a treat over here. The sectors primarily asking for fruit pectin include food supplements, beverages, pharmaceuticals, and baking. They are actually replacing traditionally employed materials with healthful and organic goods. Both – households and businesses are asking for home-made fruit pectin.
These days, pectin as well as pectin-derived oligosaccharides are used as vital ingredients in various functional foods. They are inclusive of fruit pectin as well. The fruit pectin generally in use is derived from apple. Research states that around 15-20% of the apple pulp contains this functional ingredient. The basic advantages of apple-based pectin include maintaining gut microbiome, weight loss, regulation of blood sugar levels, and maintenance of healthy heart. Those with 5-20 grams’ intake of apple pectin combined with orange juice have been reported to experience being ‘full’.
At the same time, the fact that processing costs of fruit pectin are high can’t be ignored.
Future Market Insights has entailed these findings with future prospects in its latest market study entitled ‘Fruit Pectin Market’. Its team of analysts and consultants is there to execute with its eagle’s eye view in its primary, secondary, and tertiary modes of research.
“With eco-friendliness on the anvil, the global fruit pectin market is expected to grow on a stupendous note in the near future”, says an analyst from Future Market Insights.
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Key Takeaways from Fruit Pectin Market
- North America holds the largest market share due to the US being subject to higher intake of processed food along with growing demand for sugar-free products and diet carbonated drinks.
- Europe stands second in line due to growing inclination toward organic, natural, and environmentally-friendly products. The other reason is the fact that hydrocolloids are being increasingly used to control aqueous foods’ thickening and gelling properties.
- The Asia-Pacific is expected to grow at a rapid pace in the fruit pectin market in the forecast period due to higher demand for natural personal care items with cosmetics.
Competitive Fruit Pectin
- Nestle Health Science, in August 2021, did announce acquiring the core brands of The Bountiful Company; inclusive of Nature’s Bounty, Osteo Bi-Flex, Solgar, Puritan’s Pride, Sundown, and Ester-C.
- CP Kelco, in April 2021, did announce launching a novel multimedia resource to spotlight its capabilities into action. It helps the manufacturers in personal care, home, food and beverage verticals grasp market trends.
- Cargill, in January 2022, did open the Cargill Innovation Center in Gurugram (Haryana, India) for developing innovative solutions that could address food & beverage market.
- CP Kelco, in November 2021, did announce expansion of its manufacturing unit by 15% for enhancing pectin supply of low methyl ester; which is used as a gelling agent for jams, jellies, drinking yogurts, and fruit segments for preparation.
What does the Report say?
- The research study is based on form (dry fruit pectin and liquid fruit pectin), by application (fruit pectin for bakery toppings and fillings, fruit pectin for beverages, fruit pectin for food supplements, fruit pectin for dairy & frozen products, fruit pectin for pharmaceuticals, and fruit pectin for other applications), by function (fruit pectin as thickeners, fruit pectin as fat replacers, fruit pectin as stabilizers, fruit pectin as gelling agents, fruit pectin as detoxification agents, fruit pectin as coatings, and fruit pectin as functions), and by end-user (fruit pectin for the food & beverage industry, fruit pectin for the personal care & cosmetics industry, fruit pectin for the healthcare industry, and fruit pectin for other end-users).
- With growing trend toward reduced sugar and label-friendly formulations, the global fruit pectin market is bound to grow on a vigorous note in the forecast period.
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Key Segments Profiled in the Fruit Pectin Industry Survey
Fruit Pectin Market by Form:
- Dry Fruit Pectin
- Liquid Fruit Pectin
Fruit Pectin Market by Application:
- Fruit Pectin for Bakery Toppings and Fillings
- Fruit Pectin for Beverages
- Fruit Pectin for Food Supplements
- Fruit Pectin for Dairy & Frozen Products
- Fruit Pectin for Pharmaceuticals
- Fruit Pectin for Other Applications
Fruit Pectin Market by Function:
- Fruit Pectin as Thickeners
- Fruit Pectin as Fat Replacers
- Fruit Pectin as Stabilizers
- Fruit Pectin as Gelling Agents
- Fruit Pectin as Detoxification Agents
- Fruit Pectin as Coatings
- Fruit Pectin for Other Functions
Fruit Pectin Market by End User:
- Fruit Pectin for the Food & Beverage Industry
- Fruit Pectin for the Personal Care & Cosmetics Industry
- Fruit Pectin for the Healthcare Industry
- Fruit Pectin for Other End Users
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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