Pectin Korea Market Share, Trends & Forecast by 2033

An In-depth Look at Sale of Pectin in Korea from 2023 to 2033

Demand for pectin in Korea is expected to be worth US$ 5.12 million in 2023. In 2022, the demand size was tipped to be US$ 5.00 million. The demand in Korea is projected to continue at a steady rate over the forecast period, with a CAGR of 2.6%. By 2033, the sale of pectin in Korea is anticipated to attain a value of US$ 6.63 million.

Key Insights for Pectin Industry in Korea

Koreans are indulging in bakery, confectionery, and other sweet products on a heavy basis. The consumer's sweet tooth is a significant factor contributing to the increased sales of pectin in Korea.
Consumers in this country are increasingly becoming aware of the practices related to food production. As the process of extracting pectin is sustainable, the settling agent is viewed positively in Korea.
Enthusiasts of fitness and plant-based diets are growing in Korea. Pectin, as a naturally derived plant-based product, is thus becoming popular as a gelling agent in Korea.

Attributes	Details
Industry Size for Korea in 2023	US$ 5.12 million
Expected Industry Size for Korea by 2033	US$ 6.63 million
Forecasted CAGR between 2023 to 2033	2.6%

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Key Trends Shaping the Demand for Pectin in Korea

Pectin provides gelling, thickening, and settling qualities to products such as baked goods and jams. Thus, with food sectors such as baking and confectionery increasing in popularity, the sale of pectin in Korea is growing.
Pectin has a place in traditional Korean sweets. For example, Gwapyeon is a traditional Korean sweet made from fruits that are high in pectin. Thus, Korean consumers are already inclined toward the taste of pectin.
Pectin extraction is dependent on the fruits that contain the substance. Irregular weather patterns often lead to low quantities of pectin-rich fruits. Thus, the problem of a lack of available pectin is faced in Korea.
There are numerous alternatives to pectin available as gelling agents in Korea. For example, gelatin is a popular product that is a prominent alternative to pectin.
In addition to the food industry, pectin is also used in the medical industry. The use of pectin has been linked to improving intestine health and stools. Thus, the demand for pectin in Korea is not concentrated just on sweets and is multi-dimensional.

Category-wise Insights

Stabilizing Quality of High Methoxyl Pectin Makes the Product Popular in Korea

Korea primarily uses high methoxyl pectin as the chosen pectin type. For 2023, high methoxyl pectin is predicted to hold 58.4% of the industry share by product type. High methoxyl pectin (HMP) is used as a gelling agent due to its rapidly setting properties. HMP also adds a sweet quality to the food. Thus, HMP is highly regarded in Korea.

Demand for Pectin in Korea Based on Product Type	High Methoxyl Pectin
Industry Share in 2023	58.4%

Pectin's Natural Appeal Fuels Growing Adoption in Jams and Jellies

Jams and jellies are common types of foods in which pectin is used across Korea. For 2023, jams & jellies are expected to account for 18.5% of the industry share by application. Consumers here prefer jams and jellies that taste as natural as possible. Pectin grants a natural feel to jams and jellies. Thus, both consumers and food-makers are using pectin-infused jams and jellies.

Demand for Pectin in Korea Based on Application	Jams & Jellies
Industry Share in 2023	18.5%

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Competitive Landscape

In the competitive landscape of pectin in Korea, numerous local industry players capitalize on the abundance of fruits containing pectin. However, the import of pectin remains high, with leading suppliers being India, Brazil, and the United States. Korean manufacturers actively explore new techniques for pectin extraction, aiming to streamline the process and enhance competitiveness in the market.

Recent Developments Observed in Pectin in Korea

In October 2023, the local food brand CJ CheilJedang launched a new line of fruit juices prominently featuring pectin as a key ingredient.
In August 2022, LG Chem, a local chemical company, developed a novel bioplastic made from pectin.

Some of the Key Players Offering Pectin in Korea

CJ CheilJedang
LG Chem
DuPont Korea
CP Kelco Korea
Jungbunjang
Cargill Korea
Kerry Korea
Brenntag Korea
Ingredion Korea
JRS Korea

Scope of the Report

Attribute	Details
Estimated Industry Size in 2023	US$ 5.12 million
Projected Industry Size by 2033	US$ 6.63 million
Anticipated CAGR between 2023 to 2033	2.6% CAGR
Historical Analysis of Demand for Pectin in Korea	2018 to 2022
Demand Forecast for Pectin in Korea	2023 to 2033
Report Coverage	Industry Size, Industry Trends, Key Insights for Pectin in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers
Key Companies Profiled	CJ CheilJedang; LG Chem; DuPont Korea; CP Kelco Korea; Jungbunjang; Cargill Korea; Kerry Korea; Brenntag Korea; Ingredion Korea; JRS Korea
Key Provinces Analyzed	South Gyeongsang, North Jeolla, South Jeolla, Jeju

Key Segments

By Product Type:

High Methoxyl Pectin
Low Methoxyl Pectin
- Amidated
- Non-amidated

By Application:

Bakery Fillings & Toppings
Beverages
Confectionery
Dairy Products & Frozen Desserts
Dietary Supplements
Functional Food
Jams & Jellies
Meat & Poultry Products
Personal Care & Cosmetics
Pharmaceutical

By Province:

South Gyeongsang
North Jeolla
South Jeolla
Jeju

Frequently Asked Questions

What is the Industry Size of Pectin in Korea?

The industry size of pectin in Korea is valued at US$ 5.12 million in Korea in 2023.

At What Rate is Demand for Pectin Growing in Korea?

The pectin industry is forecasted to develop at a rate of 2.6% in Korea through 2033.

What Will be the Korean Industry Size of Pectin in 2033?

The industry size for pectin is estimated to reach US$ 6.63 million in Korea by 2033.

Who are the Prominent Companies in Korea that Sell Pectin?

CJ CheilJedang, LG Chem, DuPont Korea, and CP Kelco Korea are some of the prominent companies in Korea that sell pectin.

Which Product in Korea Prominently Features Pectin?

Jams & jellies are the prominent type of product which feature pectin, with an expected industry share of 18.5% in 2023.

Table of Content

1. Executive Summary

1.1. Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Type, 2018 to 2022

5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033

5.3.1. High methoxyl

5.3.2. Low methoxyl

5.3.2.1. Amidated

5.3.2.2. Non-amidated

5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022

5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Application, 2018 to 2022

6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Application, 2023 to 2033

6.3.1. Jams & Jellies

6.3.2. Beverages

6.3.3. Bakery Fillings & Toppings

6.3.4. Dairy Products & Frozen Desserts

6.3.5. Confectionery

6.3.6. Meat & Poultry Products

6.3.7. Dietary Supplements

6.3.8. Functional Food

6.3.9. Pharmaceutical

6.3.10. Personal Care & Cosmetics

6.3.11. Others

6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

7.1. Introduction

7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022

7.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033

7.3.1. South Gyeongsang

7.3.2. North Jeolla

7.3.3. South Jeolla

7.3.4. Jeju

7.3.5. Rest of

7.4. Market Attractiveness Analysis By Region

8. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

8.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

8.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

8.2.1. By Product Type

8.2.2. By Application

8.3. Market Attractiveness Analysis

8.3.1. By Product Type

8.3.2. By Application

8.4. Key Takeaways

9. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

9.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

9.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

9.2.1. By Product Type

9.2.2. By Application

9.3. Market Attractiveness Analysis

9.3.1. By Product Type

9.3.2. By Application

9.4. Key Takeaways

10. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

10.2.1. By Product Type

10.2.2. By Application

10.3. Market Attractiveness Analysis

10.3.1. By Product Type

10.3.2. By Application

10.4. Key Takeaways

11. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

11.2.1. By Product Type

11.2.2. By Application

11.3. Market Attractiveness Analysis

11.3.1. By Product Type

11.3.2. By Application

11.4. Key Takeaways

12. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

12.2.1. By Product Type

12.2.2. By Application

12.3. Market Attractiveness Analysis

12.3.1. By Product Type

12.3.2. By Application

12.4. Key Takeaways

13. Market Structure Analysis

13.1. Competition Dashboard

13.2. Competition Benchmarking

13.3. Market Share Analysis of Top Players

13.3.1. By Regional

13.3.2. By Product Type

13.3.3. By Application

14. Competition Analysis

14.1. Competition Deep Dive

14.1.1. Arshine

14.1.1.1. Overview

14.1.1.2. Product Portfolio

14.1.1.3. Profitability by Market Segments

14.1.1.4. Sales Footprint

14.1.1.5. Strategy Overview

14.1.1.5.1. Marketing Strategy

14.1.1.5.2. Product Strategy

14.1.1.5.3. Channel Strategy

14.1.2. CP Kelco

14.1.2.1. Overview

14.1.2.2. Product Portfolio

14.1.2.3. Profitability by Market Segments

14.1.2.4. Sales Footprint

14.1.2.5. Strategy Overview

14.1.2.5.1. Marketing Strategy

14.1.2.5.2. Product Strategy

14.1.2.5.3. Channel Strategy

14.1.3. Herbstreith& Fox KG

14.1.3.1. Overview

14.1.3.2. Product Portfolio

14.1.3.3. Profitability by Market Segments

14.1.3.4. Sales Footprint

14.1.3.5. Strategy Overview

14.1.3.5.1. Marketing Strategy

14.1.3.5.2. Product Strategy

14.1.3.5.3. Channel Strategy

14.1.4. Cargill Incorporated

14.1.4.1. Overview

14.1.4.2. Product Portfolio

14.1.4.3. Profitability by Market Segments

14.1.4.4. Sales Footprint

14.1.4.5. Strategy Overview

14.1.4.5.1. Marketing Strategy

14.1.4.5.2. Product Strategy

14.1.4.5.3. Channel Strategy

14.1.5. Ingredion Incorporated

14.1.5.1. Overview

14.1.5.2. Product Portfolio

14.1.5.3. Profitability by Market Segments

14.1.5.4. Sales Footprint

14.1.5.5. Strategy Overview

14.1.5.5.1. Marketing Strategy

14.1.5.5.2. Product Strategy

14.1.5.5.3. Channel Strategy

14.1.6. Pomona’s Universal

14.1.6.1. Overview

14.1.6.2. Product Portfolio

14.1.6.3. Profitability by Market Segments

14.1.6.4. Sales Footprint

14.1.6.5. Strategy Overview

14.1.6.5.1. Marketing Strategy

14.1.6.5.2. Product Strategy

14.1.6.5.3. Channel Strategy

14.1.7. Koninklijke DSM N.V.

14.1.7.1. Overview

14.1.7.2. Product Portfolio

14.1.7.3. Profitability by Market Segments

14.1.7.4. Sales Footprint

14.1.7.5. Strategy Overview

14.1.7.5.1. Marketing Strategy

14.1.7.5.2. Product Strategy

14.1.7.5.3. Channel Strategy

14.1.8. Naturex

14.1.8.1. Overview

14.1.8.2. Product Portfolio

14.1.8.3. Profitability by Market Segments

14.1.8.4. Sales Footprint

14.1.8.5. Strategy Overview

14.1.8.5.1. Marketing Strategy

14.1.8.5.2. Product Strategy

14.1.8.5.3. Channel Strategy

14.1.9. Lucid Colloids Ltd.

14.1.9.1. Overview

14.1.9.2. Product Portfolio

14.1.9.3. Profitability by Market Segments

14.1.9.4. Sales Footprint

14.1.9.5. Strategy Overview

14.1.9.5.1. Marketing Strategy

14.1.9.5.2. Product Strategy

14.1.9.5.3. Channel Strategy

14.1.10. DowDupont

14.1.10.1. Overview

14.1.10.2. Product Portfolio

14.1.10.3. Profitability by Market Segments

14.1.10.4. Sales Footprint

14.1.10.5. Strategy Overview

14.1.10.5.1. Marketing Strategy

14.1.10.5.2. Product Strategy

14.1.10.5.3. Channel Strategy

14.1.11. Silvateam S.p.A.

14.1.11.1. Overview

14.1.11.2. Product Portfolio

14.1.11.3. Profitability by Market Segments

14.1.11.4. Sales Footprint

14.1.11.5. Strategy Overview

14.1.11.5.1. Marketing Strategy

14.1.11.5.2. Product Strategy

14.1.11.5.3. Channel Strategy

14.1.12. Jinfeng

14.1.12.1. Overview

14.1.12.2. Product Portfolio

14.1.12.3. Profitability by Market Segments

14.1.12.4. Sales Footprint

14.1.12.5. Strategy Overview

14.1.12.5.1. Marketing Strategy

14.1.12.5.2. Product Strategy

14.1.12.5.3. Channel Strategy

15. Assumptions & Acronyms Used

16. Research Methodology

Pectin Industry Analysis in Korea

Demand Forecast for Pectin in Korea, by High and Low Methoxyl Pectin, 2023 to 2033