Global Pectin Market Size, Share, Development, Growth and Demand Forecast to 2025
High-methoxyl pectin is used for canning applications. It requires high amounts of sugar to gel and is sensitive to acidity. Low methoxyl pectins have contradicting properties to high methoxyl pectins. Low methoxyl pectins have low sensitivity to acidity and require low amounts of sugar to gel, thus used in low sugar jams.
The pectins are also used in the medical industry, due to its properties of thickening and stabilizing, absorbing moisture, increasing volume, thus being able to increase the shelf-life of products. Owing to its properties, pectins are added to medicines, baked goods, and dairy product.
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The demand for pectins in convenience foods, is increasing day by day due to its beneficial properties. Also, the increasing growth of pectins in dietary foods is expected to increase in demand, during forecast period. Nowadays, pectins are majorly being used in treatments of diseases like diabetes, cancer, diarrhea, etc. For this reason pectins are in focus on expanding production. Also, rising demand for medical and cosmetic products, is expected to cause an increasing demand for pectin in the forecast period.
Pectin Market Challenges
Harmful chemicals are used in the preparation of pectin and the government has imposed regulations against its use. The availability of raw materials and many complexities while preparation, are the major challenges experienced by the pectin market.
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Some of the key companies dominating the market are CP Kelco, Cargill Inc., Devson Impex Pvt. Ltd., Nestlé S.A., Danone S.A., Unilever, Kellogg NA Co., Yantai Andre Pectin Co. Ltd., Danisco A/S, and B&V srl.
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