The citrus pectin market size was projected to be worth US$ 116,900.0 million in 2022. By the end of 2023, the market is likely to reach a valuation of US$ 122,277.4 million. The global market for citrus pectin is likely to garner a 4.8% CAGR and reach a market worth US$ 191,678.9 million by 2033.
Pectin is mostly used in sweets such as jellies, jams, and marmalade. Industry players have developed pectin that is suitable for a variety of purposes as technology has evolved. As an example, GENU Pectin by CP Kelco is gaining prominence in the personal care and cosmetics industries as an organic skin feel stabilizer, assist, and pH-balancing component.
Citrus pectin, when utilized as an ingredient in such products, may be a healthy choice that promotes growth. A growing number of diet-conscious clients are looking for ways to cut fat and calories. Citrus pectin-induced meals are an excellent choice for this demographic. The increasing need for citrus pectin within the baking and confectionery sectors is expected to drive market growth during the forecast period. Pectin is used as a fat or sugar alternative in low-calorie recipes and bakery preserves.
Citrus pectin is in high demand in the confectionery industry because it provides jellies and jams with a gel-like consistency while also imparting a pleasant citrus taste to the meals. Citrus pectin can improve the texture, color, and shelf life of confectionary foods.
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Key Takeaways from the Market Study
- Historically, the citrus pectin market increased at a CAGR of 4% from 2018 to 2022.
- The United States is expected to take over 23.7% of the citrus pectin market in 2023.
- China is expected to control 12.1% of the global citrus pectin market by 2023.
- By 2023, Japan’s citrus pectin market will account for 4.5% of the worldwide market.
- The citrus pectin market in France is expected to grow by 5.3% by 2023.
- The citrus pectin market in the United Kingdom is predicted to grow to 5.8% by 2023.
- High-methoxyl pectin accounts for more than half of the worldwide citrus pectin market.
- The grapefruit category is expected to grow at an 8.4% CAGR during the next ten years to come.
“The market will see growth during the projected period owing to the rising consumer preferences towards clean-label, plant-based, organic and vegan food products,” remarks an FMI analyst.
Competitive Landscape
Prominent players in the citrus pectin market are:
- Fiber Star
- Cargill, Inc.
- DuPont
- Ceamsa
- Naturex, SA
- CP Kelco
- Yantai Andre Pactin Co. Ltd.
- Herbstreith & Fox KG Pektin-Fabriken
- Herbafood Ingredients GmbH
- Silvateam S.pa.
- Florida Food Products, Inc.
- Lucid Colloids Ltd.
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Product Portfolio
- Under the GENU® brand, CP Kelco sells a number of pectin products, particularly citrus pectin. These pectins are found in a variety of food and beverage applications, such as dairy products, fruit spreads, and bread goods.
- CitriTex® citrus pectin products from Cargill are developed for gelling as well as thickening uses in the food and beverage industries. It is well-known for its gelling qualities and is utilized in jellies, jams, and fruit preparations.
- Citrus pectin products from DuPont’s GRINDSTED® pectin line are appropriate for a variety of culinary applications. These pectins are used to gel and stabilize goods like fruit spreads, dairy treats, and confectionery products.
Segmentation Analysis of the Citrus Pectin Market
By Product Type:
- High Methoxyl Pectin
- Low Methoxyl Pectin
By Source:
- Oranges
- Tangerines/Mandarins
- Grapefruit
- Lemon and Lime
By Application:
- Jams & Jellies
- Beverages
- Bakery Fillings & Toppings
- Dairy Products & Frozen Desserts
- Confectionery
- Meat & Poultry
- Dietary Supplements
- Functional Food
- Pharmaceutical
- Personal Care & Cosmetics
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- The Middle East & Africa
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