The global pectin market is anticipated to grow at a CAGR of 6.2% during the forecast period. Owing to the increasing aging population with diseases such as blood cholesterol and gastrointestinal disorders is propelling the global pectin market. Pectin has anti-ageing properties and slow degeneration properties for skin and hair. Owing to this, it is used in several cosmetics creams and lotions. According to the World Health Organization (WHO) data, around 9% of the world population is aged 65 years or more, which boosts the market and according to the Centers for Disease Control and Prevention (CDC), around 38% of American adults have high cholesterol, thus, pectin can be used to normalize the blood cholesterol levels, which further boost the market growth. Companies are focusing on new launches, mergers and acquisitions, and partnerships and collaborations, to remain in the competition.
To Request a Sample of our Report on Pectin Market: https://www.omrglobal.com/request-sample/pectin-market
Recent Strategic Initiatives
- In September 2020, Herbstreith & Fox GmbH & Co. acquired the pectin business from Givaudan SA which will enable the former company to expand the core markets across Europe, North Africa, and the Middle East while gaining a stronger foothold in Poland.
- In February 2019 Royal DSM increased its shareholding in Andre Pectin from 29% to 75%.
- In September 2021, Cargill, Inc. started a new HM (High Methoxyl) pectin plant in Bebedouro, Brazil to serve the juice beverages, dairy drinks, jams, and confectionery markets. The new plant’s proximity to citrus fields ensures an abundant supply of fresh fruit peels – the raw material required for premium pectin production.
Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Type
- By Source
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Cargill, Inc., Koninklijke DSM N.V., CP Kelco U.S., Inc., Ingredion Inc., and International Flavors & Fragrances Inc.
A full Report of Pectin Market is Available @ https://www.omrglobal.com/request-sample/pectin-market
Pectin Market Report by Segment
By Type
- HM Pectin
- LM Pectin
By Source
- Citrus Fruit
- Apple
- Sugar Beet
By Application
- Beauty and Personal Care
- Food and Beverages
- Pharmaceuticals
Pectin Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- B&V srl
- Compañía Española De Algas Marinas S.A.
- Foodchem International Corp.
- Herbstreith & Fox GmbH & Co. KG
- Krishna Pectins Pvt. Ltd.
- Lucid Colloids Ltd.
- Naturex SA
- Pacific Pectin, Inc.
- Silvateam SpA
- Tate & Lyle PLC
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/pectin-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
