Citrus Pectin Market Report, by Product Type (High Methoxyl Pectin, and Low Methoxyl Pectin), by Application (Food, Beverages, Pharmaceuticals, and Personal Care & Cosmetics), and by Region (North America, South America, Asia Pacific, Europe, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Global citrus pectin market is expected to exhibit a CAGR of 6.7% over the forecast period, owing to increasing awareness about the use of modified citrus pectin. Modified citrus pectin is a chemically altered pectin which can be readily absorbed by the gut. Moreover, modified citrus pectin is helpful in preventing high cholesterol, spread of cancer, for treating people suffering with metal poisoning, and for lowering the risk of heart diseases. However, the various side effects of consuming citrus pectin such as gas, and bloating among others are expected to hamper the growth of the global citrus pectin market during the forecast period.
Among product type, low methoxyl pectin is expected to gain a significant market share during the forecast period owing to increasing demand for products such as sugar free juices, and jellies. This demand is owed to rising awareness about health & fitness, globally.
Among regions, Asia Pacific is expected to gain significant market share during the forecast period owing to increasing use of citrus pectin in pharmaceutical applications. For instance, in May 2019, according to an article published by India Brand Equity Foundation, the pharmaceutical industry in India was valued at US$ 33,000 million in 2017, and generic drugs (such as modified citrus pectin tablets) accounted for 20% of the total drugs exported, making India the largest generic drugs supplier. The increasing number of exports of generic drugs from India is expected to propel growth of citrus pectin market in the country.
Furthermore, to cater to increasing demand from pharmaceuticals and food applications in Asia Pacific, manufacturers are starting new plants. For instance, Anhui Jinfeng Pectin Co., Ltd started a new 1,000 tons pectin plant in early 2016. The plant mainly extracts pectin from lemon, apple, and orange peels to manufacture high methyl ester and low methyl ester pectin for pharmaceutical as well as food applications.
Key features of the study:
This report provides in-depth analysis of citrus pectin market and provides market size (US$ Million & Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global citrus pectin market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Herbstreith & Fox GmbH, Cargill, Inc., CP Kelco, Yantai Andre Pectin (DSM), Silvateam S.p.A., DuPont de Nemours, Inc., Naturex A.G., Compañía Española de Algas Marinas S.A. (CEAMSA) and Krishna Pectins Pvt. Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global citrus pectin market report caters to various stakeholders in this industry including investors, suppliers, citrus pectin manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the citrus pectin market
Detailed Segmentation:
Global Citrus Pectin Market, By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
Global Citrus Pectin Market, By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Global Citrus Pectin Market, By Region:
North America
U.S.
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Canada
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Mexico
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
South America
Brazil
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Argentina
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Rest of South America
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Europe
U.K.
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Germany
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Italy
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Spain
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Russia
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
France
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Rest of Europe
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Asia Pacific
China
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
India
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Japan
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
South Korea
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
ASEAN
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Australia
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Rest of Asia Pacific
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Middle East & Africa
Middle East
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Africa
By Product Type:
High Methoxyl Pectin
Low Methoxyl Pectin
By Application:
Food
Beverages
Pharmaceuticals
Personal Care & Cosmetics
Company Profiles
Herbstreith & Fox GmbH*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Cargill, Inc.
CP Kelco
Yantai Andre Pectin (DSM)
Silvateam S.p.A.
DuPont de Nemours, Inc.
Naturex A.G.
Compañía Española de Algas Marinas S.A. (CEAMSA)
Krishna Pectins Pvt. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
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