The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global pectin market reached a value of US$ 990 Million in 2021.
The expanding food processing sector has increased the usage of pectin as a stabilizing and thickening agent in bakery products, confectionery, fine foods, spreads, etc. This is one of the factors driving the global pectin market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for pectin, thereby limiting the product demand.
Based on the raw material, the global pectin market has been bifurcated into citrus peel, apple peel, and others. Currently, citrus peel hold the majority of the total market share.
Based on end use, the global pectin market can be divided into jams and preserves, drinkable and spoonable yogurt, bakery and confectionery items, fruit beverages, dairy-based drinks, and others. Among these, jams and preserves represent the largest segment.
On a regional level, the market has been classified into the Europe, Asia, North America, Latin America, and others, where Europe currently dominates the global market.
Some of the major players in the global pectin market include CP Kelco, DuPont de Nemours, Inc., Cargill, Herbstreith & Fox Corporate group, Naturex SA, and Yantai Andre Pectin.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at