The global pectin market has grown at a CAGR of around 6% during 2011-2018. As per the analysis by IMARC Group, the top pectin companies are rapidly investing in several R&D activities to increase yield, strengthen productivity, and raise the purity levels in the products. Moreover, they are also focusing on the production of organic ingredients due to the increasing demand for plant-based natural ingredients across the pharmaceutical, food and beverages, and cosmetic industries. Additionally, to meet the changing food preferences, coupled with the prevalent trend of ready-to-eat food items, the pectin manufacturers are boosting their production capacities for providing pectin as a stabilizing and thickening agent, in food processing. Furthermore, the companies are engaged in improving the pectin quality, which is used in medicines for controlling high cholesterol, preventing colon cancer, and prostate cancer. Apart from this, the key players are also undergoing various mergers and acquisitions for strengthening their businesses; for instance, one of the significant players, Danisco was acquired by DuPont in 2011 to expand its role in health, nutrition, and industrial bioscience. Also, Naturex acquired Zpow Pektowin SA (Pektowin), a Polish company specialized in pectin, fruit and vegetable juice concentrates.
Headquarter: San Diego, United States
CP Kelco, a part of J.M. Huber Corporation, is a producer of specialty hydrocolloids. The products offered by the company, include carboxymethyl cellulose (CMC)/cellulose gum, carrageenan, citrus fiber, diutan gum, gellan gum, pectin, xanthan gum, and refined locust bean gum, among others. These products are marketed under brands, such as Cellufix, Finnfix, Celpol, Genu Plus 100, Nutrava, Kelco-VIS, Kelcogel, and GENU, among various others. CP Kelco holds several manufacturing facilities in Finland, Germany, Denmark, the USA, China, and Brazil.
Headquarter: Copenhagen, Denmark
DuPont is a multi-industry specialty company that primarily deals in nutrition and biosciences, dietary supplements, pharmaceuticals, construction materials, water solutions, and biomaterials. The company produces food ingredients, bakery products, confectionery items, dairy products, and beverages under its segment, Dupont Nutrition and Biosciences. The most popular brands owned by the company are Kevlar, Nomex, Corian, Tyvek, Sorona, Danisco, and Great Stuff, among others. One of the brands, Danisco (DuPont), includes key product lines, such as alginate, antioxidants, extracts and flavorings, antimicrobials, betaine, cellulose gel, pectin, cellulose gum, gellan gum, lecithin, and others. The net sales of DuPont Nutrition and Biosciences was recorded to be US$ 1.5 Billion in 2018, with more than 98,000 employees working across 90 countries worldwide.
Headquarter: Minneapolis, United States
Cargill provides agriculture, food, industrial and financial products, and services, pertaining to grains and oilseeds, animal nutrition, bio-industrial, oils and fats, metals, risk management, and trade and structured finance. The food-related product portfolio comprises of modified starches, edible oil, flour, lecithins, pectin, carrageenan, stevia, maltitol, and others. The annual revenue of the company in 2018 was estimated to be US$ 114.7 Billion, with around 160,000 employees serving customers in more than 125 countries across the world.
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Herbstreith & Fox Corporate Group
Headquarter: Neuenbürg, Germany
Herbstreith & Fox is a manufacturer of pectin for food and non-food industries. The company's product portfolio includes classic pectin, amid pectin, instant pectin, and combi pectin. These variants of pectin find diversified applications in jams, bakery goods, confectionery items, dairy and soy products, beverages and sorbets, gelling sugar, gelling powder, liquid gelling agents, delicatessen sauces, ketchup, and in making cosmetics. The company has its pectin production sites in Neuenbürg, Germany and Werder, Germany.
Headquarter: Chicago, United States
Kraft Heinz, a merger company of Kraft Foods Group and H.J. Heinz Company, is a food and beverage company that primarily deals in frozen and chilled meals, meats and seafood, ambient meals, dairy products, condiments, and various food ingredients. The company sells its products under brands like Claussen, Cool Whip, Baker's Chocolate, Sure-Jell, Jell-O Velveeta, Shake n' Bake, and Miracle Whip, among other 200 brands. The net sales of Kraft Heinz in 2018 was estimated to be approximately $26 Billion, with more than 39,000 staff and global presence across 190 countries.
Headquarter: Avignon, France
Naturex, a part of Givaudan, is a manufacturer of plant-based natural ingredients. In 2011, Naturex acquired Zpow Pektowin SA (Pektowin), a Polish company specialized in pectin, fruit and vegetable juice concentrates. Naturex also specializes in snacks, flavors, seasoning, soups, condiments, baby food, confectionery, bakery, cereals, beverages, dairy, oil and fats, meat, and poultry. The company has 13 production units in France, Italy, Spain, Switzerland, England, New Jersey, California, Brazil, Australia, and Morocco, employing over 1000 professionals.
Headquarter: Parma, Italy
B&V is a provider of hydrocolloids and additives for diversified applications in the food, pharmaceutical, and cosmetic industries. B&V offers a wide range of products, including guar gum, xantham gum, pectin, carrageenan, stabilizers, agar, locust bean gum, sodium alginate, among others. The company has a turnover of around US$ 355.20 Million and operates in around 62 countries across the globe.