The global fruit pectin market was worth US$ 942.6 Million in the year 2022 and is expected to reach US$ 1,470.5 million in 2032 at a CAGR of 5.6% between 2022 and 2032.
Greenhouse gas emissions could be reduced by disposing off waste in landfills; but only after high-value compounds such as pectin along with the other bioactive chemicals are extracted from fruit processing waste. This extraction process ought to be environmentally-friendly, cost-effective, and long-lasting. In other words, just using waste does not suffice. Plus, it’s important to look through sustainability challenges of the existing process from life cycle perspective.
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As the culinary landscape evolves, the fruit pectin market emerges as a key player, offering a delightful fusion of flavors and health benefits in the realm of food and beverages. Witnessing a surge in demand, fruit pectin is poised to captivate consumers seeking innovative, label-friendly, and vegan choices.
Diverse Applications in Thriving Sectors:
- Beverages Blend Brilliance: The rising demand for dairy drinks infused with fruit flavors propels the fruit pectin market, creating a wave of innovation in the beverage sector.
- Pharmaceuticals and Beyond: Beyond the realm of gastronomy, fruit pectin finds applications in pharmaceuticals, baking, and food supplements, replacing conventional materials with healthful and organic alternatives.
- Home-Made Appeal: Responding to the trend of home-made products, fruit pectin gains traction among households and businesses alike, catering to those seeking natural and organic choices.
The Apple Advantage:
- Nutrient-Rich Derivation: Apple-based pectin takes the spotlight, with around 15-20% of apple pulp containing this functional ingredient, offering a nutrient-rich source for various applications.
- Healthful Horizons: Apple-based pectin proves to be a versatile ingredient, contributing to gut health, weight management, blood sugar regulation, and heart health.
- Satiety in a Spoonful: Consumers embracing 5-20 grams of apple pectin combined with orange juice report a sense of fullness, highlighting its potential role in weight management.
“With eco-friendliness on the anvil, the global fruit pectin market is expected to grow on a stupendous note in the near future”, says an analyst from Future Market Insights.
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Key Takeaways from Fruit Pectin Market
- North America holds the largest market share due to the US being subject to higher intake of processed food along with growing demand for sugar-free products and diet carbonated drinks.
- Europe stands second in line due to growing inclination toward organic, natural, and environmentally-friendly products. The other reason is the fact that hydrocolloids are being increasingly used to control aqueous foods’ thickening and gelling properties.
- The Asia-Pacific is expected to grow at a rapid pace in the fruit pectin market in the forecast period due to higher demand for natural personal care items with cosmetics.
Competitive Fruit Pectin
- Nestle Health Science, in August 2021, did announce acquiring the core brands of The Bountiful Company; inclusive of Nature’s Bounty, Osteo Bi-Flex, Solgar, Puritan’s Pride, Sundown, and Ester-C.
- CP Kelco, in April 2021, did announce launching a novel multimedia resource to spotlight its capabilities into action. It helps the manufacturers in personal care, home, food and beverage verticals grasp market trends.
- Cargill, in January 2022, did open the Cargill Innovation Center in Gurugram (Haryana, India) for developing innovative solutions that could address food & beverage market.
- CP Kelco, in November 2021, did announce expansion of its manufacturing unit by 15% for enhancing pectin supply of low methyl ester; which is used as a gelling agent for jams, jellies, drinking yogurts, and fruit segments for preparation.
What does the Report say?
- The research study is based on form (dry fruit pectin and liquid fruit pectin), by application (fruit pectin for bakery toppings and fillings, fruit pectin for beverages, fruit pectin for food supplements, fruit pectin for dairy & frozen products, fruit pectin for pharmaceuticals, and fruit pectin for other applications), by function (fruit pectin as thickeners, fruit pectin as fat replacers, fruit pectin as stabilizers, fruit pectin as gelling agents, fruit pectin as detoxification agents, fruit pectin as coatings, and fruit pectin as functions), and by end-user (fruit pectin for the food & beverage industry, fruit pectin for the personal care & cosmetics industry, fruit pectin for the healthcare industry, and fruit pectin for other end-users).
- With growing trend toward reduced sugar and label-friendly formulations, the global fruit pectin market is bound to grow on a vigorous note in the forecast period.
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Key Segments Profiled in the Fruit Pectin Industry Survey
Fruit Pectin Market by Form:
- Dry Fruit Pectin
- Liquid Fruit Pectin
Fruit Pectin Market by Application:
- Fruit Pectin for Bakery Toppings and Fillings
- Fruit Pectin for Beverages
- Fruit Pectin for Food Supplements
- Fruit Pectin for Dairy & Frozen Products
- Fruit Pectin for Pharmaceuticals
- Fruit Pectin for Other Applications
Fruit Pectin Market by Function:
- Fruit Pectin as Thickeners
- Fruit Pectin as Fat Replacers
- Fruit Pectin as Stabilizers
- Fruit Pectin as Gelling Agents
- Fruit Pectin as Detoxification Agents
- Fruit Pectin as Coatings
- Fruit Pectin for Other Functions
Fruit Pectin Market by End User:
- Fruit Pectin for the Food & Beverage Industry
- Fruit Pectin for the Personal Care & Cosmetics Industry
- Fruit Pectin for the Healthcare Industry
- Fruit Pectin for Other End Users
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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