In 2022, the global clean label pectin market was estimated to have acquired USD 118.89 million. Changing consumer preferences towards natural ingredients in their food will aid the market to reach a sum of USD 221.8 million by 2033, garnering a CAGR of 6% during the forecast period, 2023 to 2033.
The market for clean label pectin is anticipated to expand significantly over the projected period due to rising demand for convenience foods and rising health consciousness. There are several businesses where clean label pectin may be used.
It is extensively utilized in the food business as a thickening and gelling agent, food stabilizer, and other uses. Pectin is used to treat both diarrhea and constipation due to its many therapeutic properties. Throat lozenges also include pectin as a demulcent. All of these reasons raise the demand for pectin, which boosts market growth throughout the forecast period.
The market is anticipated to be driven in the near future by rising health concerns and rising utilization of healthy and organic raw materials for making consumable items. Pectin is a soluble fiber substance that is generated from plants and is present in plant cell walls.
Apples, citrus fruits, apricots, oranges, cherries, and carrots are the major sources of its extraction. Dried citrus peel and apples, which are sold in white and light brown powder, are the main raw materials utilized to make industrial products.
Pectin is utilized as a gelling, thickening, and stabilizing factor in a wide variety of fruit products, including fruit-based yogurt, marmalades, and dessert dishes, and baked goods. Additionally, it is utilized to give jams and jellies a gel structure in confectionary.
Its addition to food and other items has several benefits, including a reduction in cooking time, an improvement in color and texture, and an extension of shelf life. It is also commonly utilized in the pharmaceutical business to make specialized medical adhesives and therapies for wound healing.
Report Attribute | Details |
---|---|
Estimated Market Value (2022) | USD 118.89 million |
Expected Market Value (2023) | USD 124 million |
Projected Forecast Value (2033) | USD 221.8 million |
Anticipated Growth Rate (2023 to 2033) | 6% CAGR |
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During the historical period of 2018 to 2022, the global clean label pectin market experienced a growth of CAGR of 2.2%. By the end of 2018, this market was valued at USD 109 million.
It takes a lengthy procedure to create clean label pectin from its starting ingredients. The development of new technologies to extract pectin from its sources is being done by businesses operating in the pectin sector. It may be produced using these methods, together with other beneficial food components for beverages and food processing wastes. Microwave-based technology is one such example.
Waste orange and lime peel is converted using modified microwave technology into a variety of goods that are useful to many different end markets. When recycling materials, the method uses a large microwave oven to eliminate chemicals from the materials.
The oven operates at 200 degrees or less, which is sufficient to convert the waste into valuable materials. In 2022, as a result of these developments, the revenues in this market went beyond USD 118.89 million in 2022.
Rising Preference towards Natural Ingredients and Widespread functionality will boost Demand
Pectin is an organic dietary gum that is often made from apple as well as citrus peels. It is also one of the most adaptable gums available. It is favored for usage in many clean-label products, namely in dairy substitute drinks, including low-pH along with low-sugar variations.
To boost the popularity of clean label pectin and alginates for many baking applications in 2019, for instance, Herbstreith and Fox of Germany and Algaia of France formed a partnership. These items can be marketed as either blended or standalone ingredients while capitalizing on the expanding clean label trend.
The demand for clean label pectin is anticipated to rise as food and beverage makers become more aware of the pectin's many benefits, including its ability to extend shelf life, shorten cooking times, and improve texture and color. The market is anticipated to expand throughout the projected period of 2023 to 2033.
Pectin as a Safe Food and Increasing Products Launches to aid Growth
Numerous federal food authorities see pectin as a safe food product. Various food additive rules govern its chemical content and use. Pectin as well as amidated pectin have both been approved by the Scientific Committee for Food as acceptable daily intakes in the European Union.
Pectin's safety has been acknowledged by Japan's Ministry of Health, Labor, and Welfare. The clean label pectin is classified as GRAS (generally recognized as safe) by the Food and Drug Administration (FDA) in the United States. There is a rise in the demand for pectin, which is anticipated to lead to profitable prospects for the market.
The pectin market will have several potential for expansion as a result of the various product releases by top industry players. For example, GENU Pectin, a stabilizer and pH-balancing component for the natural skin, has gained popularity in the beauty as well as personal care industry thanks to CP Kelco.
Side-effects Related to Pectin and its Substitutes will impede Market Growth
Clean-label pectin can decrease the body's capacity to absorb beta-carotene, a crucial component for human health. Pectin can also hinder the body's capacity to absorb several medications, including lovastatin and the heart medication digoxin. A lesser amount of pectin is consumed, which is anticipated to hinder market expansion.
During the projected time frame of 2023 to 2033, the widespread availability of pectin substitutes including cornstarch, citrus peels, and gelatin is another important factor that is anticipated to restrain the expansion of the global clean-label pectin market.
The Food and Beverage Segment will be High in Demand during the Forecast Period
By application type, the food and beverage segment is anticipated to be the dominant segment in the global market for clean label pectin during the forecast period. In 2022, this segment acquired 77.5% of the global market share.
The clean label pectin market is expanding significantly due to the food and beverage (F&B) industry's strong demand. The market is also being supported by the rising demand for pectin's main end-use products, which include jams, confectionary, jellies, and baked goods.
The widespread use of the product as a stabilizer and thickening in dairy products like yogurts is providing lucrative development potential for the market. Another important driver of growth in the food and beverage industry is the growing customer preference for natural and useful ingredients over artificial thickeners and stabilizers.
Clean Label Pectin Derived from Oranges will be a Lucrative Option for Manufacturers
In 2022, the Citrus fruits segment of the clean label pectin market gained a prominent position in the global market. It had acquired a market share of 60.6% in 2022.
By acting as a natural chelating agent, modified citrus pectin (MCP) may aid in the body's removal of extra heavy metals. Using it for heavy metal detoxification is intriguing because MCP may be less intrusive and have fewer negative effects than other chelation therapies. Citrus fruits are a rich source of vitamin C and hence the pectic being made from the citrus fruits are high in these vitamins too, thus aiding the growth of the market.
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Consumers are Gravitating Toward Goods with Clean Labels and Organic Certifications.
According to Future Market Insights, North America led the clean label pectin market in 2022 and is expected to continue to do so during the forecast period. In 2022, the market share represented by the United States in this area was predicted to be 20.3%.
Consumer preferences for natural tastes and plant-based components, such as pectin made from fruit, rather than gelatin made from animals, are what are causing the industry to rise. Suppliers of pectin are making efforts to provide clean-label components to producers of processed foods.
For example, in order to simplify labels, DuPont provides pectin for lowered-fruit spreads, jams, and ice creams. These products don't require calcium salts, which simplifies the labeling. Consumers all across the world are becoming more and more used to clean-label products since they are seen to be healthier for their health and the environment.
Gluten-free Options are propelling the demand for clean label pectin
The European market for clean label pectin is likely to be a lucrative one for the developing countries are experience a fast-growing CAGR. The United Kingdom market is expected to garner a 5.2% CAGR during the forecast period.
There is a significant demand for the product in the area due to the existence and expansion of the product's end-use programs. The market is expanding as a result of the expanding applications for hydrocolloids, such as controlling the thickening and gel formation properties of watery meals.
The market is also being shaped by the increasing vegan community in the area. Customers in the United Kingdom, for instance, are consuming less meat and transitioning to vegan as well as plant-based diets, which is raising the demand for plant-based ingredients like pectin.
One in four Britons said they have cut back on their intake of animal-derived goods since the pandemic began, per a poll done by The Vegan Society in May 2021. Around 20% of respondents indicated they had cut back on their meat intake, while 12% claimed they had cut back on their dairy intake. Factors as these are expected to propel the market for clean label pectin from 2023 to 2033.
The key players in this market include:
Some of the products being launched by the key players are:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 6% from 2022 to 2032 |
Market value in 2023 | USD 124 million |
Market value in 2033 | USD 221.8 million |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | USD million for value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type ,Source ,Application ,Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | United States, Canada, Mexico, Brazil, Germany, United Kingdom, France, Spain, Italy, Japan, China, South Korea, Singapore, Thailand, Indonesia, Australia, New Zealand, Israel, GCC Countries, South Africa |
Key Companies Profiled | Herbstreith & Fox Group; B&V SRL; Naturex S/A; Compania Espanola de Algas Marinas S.A; Cargill Inc.; Kraft Heinz; CP Kelco; E.I DuPont De Nemours and Company; DSM Andre Pectin Company Limited; Lucid Colloids Ltd.; Silvateam S.p.S |
Customization & Pricing | Available on Request |
As of 2023, the clean label pectin market holds a valuation of approximately USD 124 million.
The clean label pectin market is projected to attain a value of USD 221.8 million by 2033, driven by a CAGR of 6% between 2023 and 2033.
Growing demand for healthier ingredients drives emerging niches in clean label pectin, particularly in organic and natural food applications.
North America held the top spot in the clean label pectin market in 2022 and is predicted to retain that position throughout the forecast period.
With a CAGR of 2.2%, the clean label pectin market's revenues surpassed USD 118.89 million in 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. High Methoxyl 5.2. Low Methoxyl 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source 6.1. Citrus Food 6.2. Apple 6.3. Pear 6.4. Plum 6.5. Banana 6.6. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Plant Based Products 7.2. Dairy Products 7.3. Jams 7.4. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Herbstreith & Fox Group 16.2. B&V SRL 16.3. Naturex S/A 16.4. Compania Espanola de Algas Marinas S.A 16.5. Cargill Inc. 16.6. Kraft Heinz 16.7. CP Kelco 16.8. E.I. DuPont De Nemours and Company 16.9. DSM Andre Pectin Company Limited 16.10. Lucid Colloids Ltd. 16.11. Silvateam S.P.A. 17. Assumptions & Acronyms Used 18. Research Methodology
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