The global pectin market is expected to expand from USD 1,059.2 million in 2024 to USD 1,945.8 million by 2034. The market is projected to surge at 6.3% CAGR from 2024 to 2034.
Attributes | Key Insights |
---|---|
Estimated Global Pectin Market Size (2024E) | USD 1,059.2 million |
Projected Pectin Market Value (2034F) | USD 1,945.8 million |
Value-based CAGR (2024 to 2034) | 6.3% |
Increasing awareness and demand for natural products and plant-based ingredients is driving high demand for Pectin in the industry. Consumer demand for clean-label and natural products is a significant growth factor for the Pectin market. It is derived from fruits and vegetables.
Pectin is a dietary fiber and it helps with digestion and it promotes gut health. The advantages of pectin for health is the key factor for the growing demand for Pectin market.
The pectin market is expected to rise due to the growing middle-class population. The demand for pectin powder is also projected to surge as people's busy lifestyles cause them to consume more functional meals.
The growing emphasis of manufacturers on product innovation and expansion is set to trigger pectin sales. Companies are introducing innovative products for health-conscious customers, including creating pectin blends with other ingredients and developing pectin varieties suitable for specific applications.
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The global pectin sales grew at a CAGR of 4.5% from 2019 to 2023.
The pectin market is predicted to progress at 6.3% CAGR in the next ten years. This is due to the following factors:
The table below shows the estimated growth rates of the leading countries. India and the United Kingdom are set to record high CAGRs of 8.9% and 9.0%, respectively, through 2034.
Countries | Projected CAGR (2034) |
---|---|
United States | 4.8% |
India | 8.9% |
United Kingdom | 9.0% |
The United States pectin industry is poised to exhibit a CAGR of 4.8% during the assessment period. By 2034, the United States market is expected to reach USD 392.6 million. The key factors supporting the market’s growth are:
Pectin demand in the United Kingdom is anticipated to rise at a steady CAGR of 9.0% during the forecast period. By 2034, the United Kingdom is expected to hold a market share of 22.1% in Europe. This is attributable to a combination of factors, including:
China's pectin market is expected to reach a valuation of around USD 189.7 million by 2034. Top factors supporting the market’s expansion in the country include:
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The section below shows the high-methoxyl pectin segment dominating by product type. It is predicted to hold a market share of 78.2% in 2024. Based on end-use applications, the jam segment is anticipated to generate a dominant share through 2024. It is set to hold a share of 11.8% in 2024.
Segment | Market Share (2024) |
---|---|
High-methoxyl Pectin (Product Type) | 78.2% |
Jams (End-use Application) | 11.8% |
Demand for high-methyl pectin is expected to remain high during the assessment period based on product type. With a market share of around 78.5%, the high-methyl pectin segment is projected to reach a valuation of USD 1,485.3 million in 2034.
The jams segment is anticipated to thrive at 4.6% CAGR and reach a market valuation of USD 181.3 million by 2034. Factors pushing growth are:
Leading pectin manufacturers are launching new and innovative products to meet consumer demand. To gain a competitive advantage in the market, leading players are directed toward partnerships, distribution agreements, mergers & acquisitions, collaborations, advertising, and celebrity endorsements.
For instance
The market is set to reach USD 1,059.2 million in 2024.
Demand for pectin is slated to expand at a 6.3% CAGR by 2034.
The market is set to reach USD 1,945.8 million in 2034.
CP Kelco USA, Inc., Cargill, Inc., and DuPont Inc. are the key players.
Europe is expected to have a market share of 36.0% in 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Segmental Share Analysis
1.3. Dynamics Snapshot
1.4. Wheel of Fortune
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends By Region
3.5. Forecast Factors - Relevance & Impact
3.6. Regulations and Policies
4. Global Market - Pricing Analysis
4.1. Price Point Assessment by Region
4.1.1. Manufacturer Level Pricing
4.1.2. Distributor Level Pricing
4.2. Price Point Assessment By Product Type
4.3. Price Forecast till 2034
5. Value Chain Analysis
5.1. Operating margins at each node of supply chain
5.2. List of Active Market Participants
6. Global Market Size in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034
6.1. Historical Market Size in Value (US$ million) and Volume (MT) Analysis, 2019 to 2023
6.2. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis, 2024 to 2034
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
7.1. Introduction / Key Findings
7.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis By Product Type, 2019 to 2023
7.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast By Product Type, 2024 to 2034
7.3.1. High-methoxyl Pectin
7.3.2. Low-methoxyl Pectin
7.3.2.1. Amidated (LMA)
7.3.2.2. Non Amidated (LMC)
7.4. Market Attractiveness Analysis By Product Type
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-use Application
8.1. Introduction / Key Findings
8.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis By End-use Application, 2019 to 2023
8.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast By End-use Application, 2024 to 2034
8.3.1. Fermented Plant-based Products
8.3.2. Fermented Dairy Products, including Yoghurt
8.3.3. Jams
8.3.4. Jellies
8.3.5. Chews
8.3.6. Fruit Spreads
8.3.7. Sugar Confectionary
8.3.8. Fruit Roll Ups
8.3.9. Fruit Preparations
8.3.10. Bakery Fillings
8.3.11. Glazes
8.3.12. Sauces
8.3.13. Toppings
8.3.14. Ripples
8.3.15. Compotes
8.3.16. Juices
8.3.17. Reduced-sugar Beverages
8.4. Market Attractiveness Analysis By End-use Application
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Source
9.1. Introduction / Key Findings
9.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis By Source, 2019 to 2023
9.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast By Source, 2024 to 2034
9.3.1. Citrus Fruits
9.3.1.1. Oranges
9.3.1.2. Tangerines/Mandarins
9.3.1.3. Grapefruit
9.3.1.4. Lemon and Lime
9.3.2. Pears
9.3.3. Apples
9.3.4. Plums
9.3.5. Banana
9.3.6. Others(Peach, Berries)
9.4. Market Attractiveness Analysis By Source
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. Introduction
10.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis By Region, 2019 to 2023
10.3. Current Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast By Region, 2024 to 2034
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. East Asia
10.3.5. South Asia
10.3.6. Oceania
10.3.7. Middle East and Africa
10.4. Market Attractiveness Analysis By Region
11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
11.1. Introduction
11.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
11.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
11.3.1. By Country
11.3.1.1. United States
11.3.1.2. Canada
11.3.2. By Product Type
11.3.3. By End-use Application
11.3.4. By Source
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Product Type
11.4.3. By End-use Application
11.4.4. By Source
11.5. Key takeaways
12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
12.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
12.3.1. By Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Argentina
12.3.1.4. Rest of Latin America
12.3.2. By Product Type
12.3.3. By End-use Application
12.3.4. By Source
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Product Type
12.4.3. By End-use Application
12.4.4. By Source
12.5. Key takeaways
13. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
13.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
13.3.1. By Country
13.3.1.1. Germany
13.3.1.2. United Kingdom
13.3.1.3. France
13.3.1.4. Italy
13.3.1.5. Spain
13.3.1.6. BENELUX
13.3.1.7. Nordic
13.3.1.8. Russia
13.3.1.9. Poland
13.3.1.10. Rest of Europe
13.3.2. By Product Type
13.3.3. By End-use Application
13.3.4. By Source
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Product Type
13.4.3. By End-use Application
13.4.4. By Source
13.5. Key takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
14.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
14.3.1. By Country
14.3.1.1. China
14.3.1.2. Japan
14.3.1.3. South Korea
14.3.2. By Product Type
14.3.3. By End-use Application
14.3.4. By Source
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Product Type
14.4.3. By End-use Application
14.4.4. By Source
14.5. Key takeaways
15. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
15.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
15.3.1. By Country
15.3.1.1. India
15.3.1.2. Thailand
15.3.1.3. Malaysia
15.3.1.4. Indonesia
15.3.1.5. Vietnam
15.3.1.6. Philippines
15.3.1.7. Singapore
15.3.1.8. Rest of South Asia
15.3.2. By Product Type
15.3.3. By End-use Application
15.3.4. By Source
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Product Type
15.4.3. By End-use Application
15.4.4. By Source
15.5. Key takeaways
16. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
16.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
16.3.1. By Country
16.3.1.1. Australia
16.3.1.2. New Zealand
16.3.2. By Product Type
16.3.3. By End-use Application
16.3.4. By Source
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Product Type
16.4.3. By End-use Application
16.4.4. By Source
16.5. Key takeaways
17. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis By Market Taxonomy, 2019 to 2023
17.3. Market Size (US$ million) and Volume(MT) Forecast By Market Taxonomy, 2024 to 2034
17.3.1. By Country
17.3.1.1. GCC Countries
17.3.1.2. Turkiye
17.3.1.3. Egypt
17.3.1.4. South Africa
17.3.1.5. Rest of Middle East and Africa
17.3.2. By Product Type
17.3.3. By End-use Application
17.3.4. By Source
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Product Type
17.4.3. By End-use Application
17.4.4. By Source
17.5. Key takeaways
18. Country-level Market Analysis, 2024
18.1. United States Market Analysis
18.1.1. By Product Type
18.1.2. By End-use Application
18.1.3. By Source
18.2. Canada Market Analysis
18.2.1. By Product Type
18.2.2. By End-use Application
18.2.3. By Source
18.3. Brazil Market Analysis
18.3.1. By Product Type
18.3.2. By End-use Application
18.3.3. By Source
18.4. Mexico Market Analysis
18.4.1. By Product Type
18.4.2. By End-use Application
18.4.3. By Source
18.5. Argentina Market Analysis
18.5.1. By Product Type
18.5.2. By End-use Application
18.5.3. By Source
18.6. Germany Market Analysis
18.6.1. By Product Type
18.6.2. By End-use Application
18.6.3. By Source
18.7. United Kingdom Market Analysis
18.7.1. By Product Type
18.7.2. By End-use Application
18.7.3. By Source
18.8. France Market Analysis
18.8.1. By Product Type
18.8.2. By End-use Application
18.8.3. By Source
18.9. Italy Market Analysis
18.9.1. By Product Type
18.9.2. By End-use Application
18.9.3. By Source
18.10. Spain Market Analysis
18.10.1. By Product Type
18.10.2. By End-use Application
18.10.3. By Source
18.11. BENELUX Market Analysis
18.11.1. By Product Type
18.11.2. By End-use Application
18.11.3. By Source
18.12. Nordic Market Analysis
18.12.1. By Product Type
18.12.2. By End-use Application
18.12.3. By Source
18.13. Russia Region Market Analysis
18.13.1. By Product Type
18.13.2. By End-use Application
18.13.3. By Source
18.14. Poland Market Analysis
18.14.1. By Product Type
18.14.2. By End-use Application
18.14.3. By Source
18.15. China Market Analysis
18.15.1. By Product Type
18.15.2. By End-use Application
18.15.3. By Source
18.16. Japan Market Analysis
18.16.1. By Product Type
18.16.2. By End-use Application
18.16.3. By Source
18.17. South Korea Market Analysis
18.17.1. By Product Type
18.17.2. By End-use Application
18.17.3. By Source
18.18. India Market Analysis
18.18.1. By Product Type
18.18.2. By End-use Application
18.18.3. By Source
18.19. Thailand Market Analysis
18.19.1. By Product Type
18.19.2. By End-use Application
18.19.3. By Source
18.20. Malaysia Market Analysis
18.20.1. By Product Type
18.20.2. By End-use Application
18.20.3. By Source
18.21. Indonesia Market Analysis
18.21.1. By Product Type
18.21.2. By End-use Application
18.21.3. By Source
18.22. Vietnam Market Analysis
18.22.1. By Product Type
18.22.2. By End-use Application
18.22.3. By Source
18.23. Philippines Market Analysis
18.23.1. By Product Type
18.23.2. By End-use Application
18.23.3. By Source
18.24. Singapore Market Analysis
18.24.1. By Product Type
18.24.2. By End-use Application
18.24.3. By Source
18.25. Australia Market Analysis
18.25.1. By Product Type
18.25.2. By End-use Application
18.25.3. By Source
18.26. New Zealand Market Analysis
18.26.1. By Product Type
18.26.2. By End-use Application
18.26.3. By Source
18.27. GCC Countries Market Analysis
18.27.1. By Product Type
18.27.2. By End-use Application
18.27.3. By Source
18.28. Turkiye Market Analysis
18.28.1. By Product Type
18.28.2. By End-use Application
18.28.3. By Source
18.29. Egypt Market Analysis
18.29.1. By Product Type
18.29.2. By End-use Application
18.29.3. By Source
18.30. South Africa Market Analysis
18.30.1. By Product Type
18.30.2. By End-use Application
18.30.3. By Source
19. Market Structure Analysis
19.1. Global Market Competition - a Dashboard View
19.2. Industry Structure Analysis
19.2.1. % tier 1 market players
19.2.2. % tier 2 market players
19.2.3. % tier 3 market players
19.3. Global Market Company Share Analysis
19.3.1. For Tier 1 Market Players, 2023
19.3.2. Company Market Share Analysis of Top 5 Players, By Region
19.4. Key Participants Market Presence (Intensity Mapping) by Region
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. CP Kelco USA, Inc.
20.3.1.1. Product Portfolio
20.3.1.2. Product Claim
20.3.1.3. Revenue by Market Segments (Product/Channel/Region)
20.3.1.4. Sales Footprint
20.3.1.5. Strategy Overview
20.3.1.5.1. Marketing Strategy
20.3.1.5.2. Product Strategy
20.3.1.5.3. Channel Strategy
20.3.1.6. SWOT Analysis
20.3.2. Cargill, Inc.
20.3.3. DuPont Inc.
20.3.4. Herbstreith & Fox
20.3.5. Yantai Andre Co., Ltd.
20.3.6. Naturex Group
20.3.7. Silvateam Food Ingredients
20.3.8. CEAMSA
20.3.9. Lucid Colloids Ltd
20.3.10. Quadra Chemicals
20.3.11. Others (on additional request)
21. Assumptions and Acronyms
22. Research Methodology
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