Pectin Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Fruit Pectin Application in Food Industry and the market is segmented by Source (Citrus Fruits, Sugar Beet, Other Sourced), by Application (Beauty and Personal Care, Food and Beverages, Pharmaceuticals, and Other Applications), By Type (High Methoxyl Pectin and Low Methoxyl Pectin), and by Geography (North America, Europe, South America, Asia Pacific, and Middle East & Africa). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Pectin Market Size

Pectin Market Summary
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Study Period 2019 - 2029
Market Size (2024) USD 1.01 Billion
Market Size (2029) USD 1.33 Billion
CAGR (2024 - 2029) 5.66 %
Fastest Growing Market Asia Pacific
Largest Market Europe

Major Players

Pectin Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Pectin Market Analysis

The Pectin Market size is estimated at USD 1.01 billion in 2024, and is expected to reach USD 1.33 billion by 2029, growing at a CAGR of 5.66% during the forecast period (2024-2029).

Diverse applications of pectin in industries, such as pharmaceutical, cosmetic, and food and beverage, have contributed to the growth of the market studied. Traditionally, pectin has been used as a jellying agent in jams and jellies. Jams, jellies, and marmalade are the major application areas of pectin. Also, with technological advancement, players in the market studied have been developing pectin suitable for various applications. For instance, GENU Pectin, by CP Kelco has been gaining ground in the personal care and beauty market as a nature-based skin feel aid, stabilizer, and pH-balancing ingredient. In line with this, a growing number of diet-conscious consumers seeking alternatives to reduce fats and calories, pectin as an ingredient in such products can be a healthy replacement, driving growth. For instance, Siggi's offers plant-based yogurt containing 11g of protein and 180 calories. It incorporates fruit-based pectin along with coconut milk.

Additionally, the increased usage of pectin in fruit juices for improved mouthfeel, in acidified dairy applications for protein stabilization, low-calorie jams, and acidified protein drinks, has been supporting the growth of the market for the last few years. The increasing awareness about the multifunctionality of pectin among food and beverage manufacturers, such as it reduces cooking time, improves texture and color, and increases the shelf life, are among the factors that have been fueling the market of pectin. Moreover, extensive research and development investments in the market under study have also contributed to market growth. For instance, VTT research in Finland established an approach for biochemically converting pectin to aldaric acid, which can then be chemically converted to monomers for bio-based polyesters and polyamides.

Pectin Market Trends

Growing Demand for Natural and Clean Label Ingredients

Pectin is a hydrocolloid type sourced from real fruits and vegetables. Many consumers lean toward plant-based ingredients such as fruit-based pectin instead of animal-based gelatin and prefer clean flavors, thus driving the market's growth. Pectin manufacturers are taking initiatives to offer clean-label ingredients for processed food manufacturers. For instance, DuPont offers pectin for reduced-fruit spreads, jams, and ice creams that clean up labels by removing the need for calcium salts. Clean-label ingredients are gaining popularity among consumers globally as they are perceived to be beneficial for health and better for the planet. Consumers prioritize products containing natural, recognizable, simple, and less processed ingredients. For instance, in June 2021, according to the International Food Information Council (IFIC), 64% of US consumers prefer food products made with clean ingredients, and 63% of adults said that ingredients present in food & beverage products have at least a moderate influence on their purchase behavior.

Moreover, consumers are becoming increasingly aware of the deleterious effects of artificial or synthetic ingredients and processed and unnatural food products, thus enabling food and beverage manufacturers to opt for cleaner, organic, and more natural ingredients and provide transparency about the food ingredients. Furthermore, consumer associate clean-label food products with simple, easy-to-recognize, healthy, and free from preservatives and artificial additives ingredients. Thus, there is increasing demand for natural preservatives like pectin as thickeners, gelling agents, texturizers, and stabilizers in food processing to improve the shelf-life of food products and preserve the products during heating. The surging demand for clean labeled ingredients and natural food additives like pectin among food and beverage manufacturers, along with regulations from various governmental bodies favoring the use of natural additives in food products, is propelling the growth of the market in the studied period.

Global Pectin Market - Number of companies using organic labels, Germany, 2018-2022 (Until June)

Europe Holds the Major Share in Pectin Market

Europe holds the largest market share in the pectin market, followed by North America. The demand in the region is high owing to the presence and growth of end-use applications for the product. The increasing application area of hydrocolloids, such as managing watery foods' thickening and gelling qualities, is driving the market growth. The region's growing vegan population is also shaping the market. For instance, customers in the United Kingdom are reducing meat consumption and switching to vegan and plant-based diets, increasing the demand for plant-based compounds like pectin. According to a survey conducted by The Vegan Society in May 2021, one in four Britons indicated they had reduced their consumption of animal products since the COVID-19 outbreak started. 20% of respondents claimed they had reduced their meat consumption, while 12% said they had minimized their consumption of dairy and eggs. As a result, consumers are looking for options that are naturally derived or vegan, which may help in the market growth of pectin.

Similarly, owing to pectin's diverse applications and properties, the market has been driven by its development and application in the Russian food industry over the last few years. Pectin has been used for a variety of purposes, including thickeners, stabilizers, film and gel formers, and in general, to maintain or improve food quality. These have eventually resulted in the market growth in Russia's food industries The increasing potential for the pharmaceutical market in Germany, along with increasing innovations in the pectin market, such as the introduction of MCP (Modified Citrus Pectin), which is adapted for use as a dietary supplement or for pharmaceutical applications is also supporting the market's growth. Therefore, innovation in both pectin and pharmaceutical markets in the region are expected to drive the market further.

Pectin Market Share(%), by Region, Global, 2022

Pectin Industry Overview

The global pectin market is highly competitive, with international players dominating the market studied such as International Flavors & Fragrances, Inc, Cargill Incorporated, Herbstreith Fox Corporate Group, Ingredion Inc, and Royal DSM among others. The prominent players in the market have been focusing on developing new and innovative products by targeting new formulations specific to an application. Additionally, these companies are focusing on increasing the production capacities of their existing plants while investing in R&D activities. Thus, the market studied is expected to witness numerous product launches during the forecast period.

Pectin Market Leaders

  1. Cargill Incorporated

  2. Royal DSM

  3. Herbstreith and Fox Corporate Group

  4. Ingredion Inc.

  5. International Flavors & Fragrances

*Disclaimer: Major Players sorted in no particular order

Pectin Market Concentration
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Pectin Market News

  • In October 2022, Cargill strengthened its 50-year partnership with Unitec Foods and Fuji Nihon Seito Corporation to promote food ingredient breakthroughs in Japan and the Asia-Pacific. Since 1972, Cargill and Unitec Foods have partnered to expand their pectin business in the Japanese market. Using the knowledge and resources of the three parties, the new memorandum of understanding will strengthen already-existing commercial ties.
  • In July 2022, Herbstreith & Fox Corporate Group launched a new Pectin Classic AS 519. It is used in the manufacturing of gummy confectionary. Their functionality is flexible with difficult ingredients like acids or minerals.
  • In March 2022, CP Kelco partnered with Shiru and the new ingredient line. A pectin-based juiciness enhancer is part of a new line of ingredients that CP Kelco has created for plant-based meat substitutes.

Pectin Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Source

      1. 5.1.1 Citrus Fruits

      2. 5.1.2 Sugar Beet

      3. 5.1.3 Other Sources

    2. 5.2 By Application

      1. 5.2.1 Beauty and Personal Care

      2. 5.2.2 Food and Beverage

        1. 5.2.2.1 Jam, Jelly, and Preserve

        2. 5.2.2.2 Baked Goods

        3. 5.2.2.3 Dairy Products

        4. 5.2.2.4 Other Foods and Beverages

      3. 5.2.3 Pharmaceuticals

      4. 5.2.4 Other Applications

    3. 5.3 By Type

      1. 5.3.1 High Methoxyl Pectin

      2. 5.3.2 Low Methoxyl Pectin

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

        4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 United Kingdom

        2. 5.4.2.2 Germany

        3. 5.4.2.3 France

        4. 5.4.2.4 Russia

        5. 5.4.2.5 Italy

        6. 5.4.2.6 Spain

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 India

        2. 5.4.3.2 China

        3. 5.4.3.3 Japan

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East & Africa

        1. 5.4.5.1 South Africa

        2. 5.4.5.2 Saudi Arabia

        3. 5.4.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 International Flavors & Fragrances

      2. 6.3.2 JM Huber Corporation (CP Kelco)

      3. 6.3.3 Cargill Incorported

      4. 6.3.4 Herbstreith and Fox Corporate Group

      5. 6.3.5 Silvateam SpA

      6. 6.3.6 Royal DSM

      7. 6.3.7 Foodchem International Corporation

      8. 6.3.8 Ingredion Incorporated

      9. 6.3.9 Lucid Colloids Ltd

      10. 6.3.10 Pacific Pectin Inc.

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Pectin Industry Segmentation

Pectin is a structural acidic heteropolysaccharide contained in the primary and middle lamella and cell walls of terrestrial plants. Pectin is made from real fruit and all its forms, from dry pectin to liquid pectin to mass-produced commercial pectin are sourced entirely from plants. The market studied is segmented by source, application, type, and geography. By source, the market studied is segmented into Citrus fruits, Sugar Beet and other sources. By application, the market studied is segmented into beauty and personal care, food and beverages, pharmaceuticals, and other applications. By type, the market studied is segmented into high methoxyl pectin and low methoxyl pectin. Based on geography, the market studied is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasting have been done in value terms USD million.

By Source
Citrus Fruits
Sugar Beet
Other Sources
By Application
Beauty and Personal Care
Food and Beverage
Jam, Jelly, and Preserve
Baked Goods
Dairy Products
Other Foods and Beverages
Pharmaceuticals
Other Applications
By Type
High Methoxyl Pectin
Low Methoxyl Pectin
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa
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Pectin Market Research FAQs

The Pectin Market size is expected to reach USD 1.01 billion in 2024 and grow at a CAGR of 5.66% to reach USD 1.33 billion by 2029.

In 2024, the Pectin Market size is expected to reach USD 1.01 billion.

Cargill Incorporated, Royal DSM, Herbstreith and Fox Corporate Group, Ingredion Inc. and International Flavors & Fragrances are the major companies operating in the Pectin Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Europe accounts for the largest market share in Pectin Market.

In 2023, the Pectin Market size was estimated at USD 0.96 billion. The report covers the Pectin Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Pectin Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Pectin Industry Report

Statistics for the 2024 Pectin market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pectin analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Pectin Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)