The global pectin market is anticipated to grow at a CAGR of 6.2% during the forecast period (2023-2029). 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

 

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.

A full Report of Pectin Market https://www.omrglobal.com/industry-reports/pectin-market

 

Market Coverage

  • The market number available for – 2023-2029
  • Base year- 2023
  • 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.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global 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

 

 

 

 

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: +91 780-304-0404