Market Size of Pectin Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.01 Billion |
| Market Size (2029) | USD 1.35 Billion |
| CAGR (2024 - 2029) | 6.02 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players.webp "Pectin Market Major Players"){kind=logo}
*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 1.35 billion by 2029, growing at a CAGR of 6.02% during the forecast period (2024-2029).
Diverse applications in industries such as pharmaceutical, cosmetics, and food and beverage have contributed to the growth of the market studied. Jams, jellies, and marmalade are the major application areas of pectin. Also, with technological advancement, players in the market 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, with a growing number of diet-conscious consumers seeking alternatives to reduce fats and calories, pectin is gaining prominence as a healthy replacement in such products.
Additionally, the increased usage of pectin in fruit juices for improved mouthfeel, in acidified dairy applications for protein stabilization, in low-calorie jams, and in 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 its reduced cooking time, improved texture and color, and increased shelf life, are among the factors that have been fueling the pectin market. Moreover, extensive research and development investments in the market under study have also contributed to market growth.
Pectin Industry Segmentation
Pectin is a structural acidic heteropolysaccharide found in the primary and middle lamellae and cell walls of terrestrial plants. It is made from real fruit, and 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, apple, and other sources. By application, the market studied is segmented into beauty and personal care, food and beverages, pharmaceuticals, and other applications. The food and beverages segment is further classified into jam, jelly, and preserves, baked goods, dairy products, and other food and beverages. The other applications segment is further classified into edible films and coatings, paper substitutes, and foams and plasticizers. 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.
| By Source | |
| Citrus Fruits | |
| Sugar Beet | |
| Apple | |
| Other Sources |
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| Beauty and Personal Care | ||||||
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| Pharmaceuticals | ||||||
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| By Type | |
| High Methoxyl Pectin | |
| Low Methoxyl Pectin |
| Geography | |||||||||
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Pectin Market Size Summary
The pectin market is experiencing significant growth, driven by its diverse applications across industries such as pharmaceuticals, cosmetics, and food and beverages. Pectin is primarily used in products like jams, jellies, and marmalade, and its versatility is being enhanced through technological advancements. For example, GENU Pectin by CP Kelco is gaining traction in the personal care sector as a natural ingredient for skin feel, stabilization, and pH balancing. The increasing consumer demand for healthier, low-calorie alternatives is further propelling the use of pectin as a substitute for fats and calories. The market is also benefiting from the rising awareness of pectin's multifunctional benefits, such as improved texture, color, and shelf life in food products. This growing awareness, coupled with substantial investments in research and development, is contributing to the market's expansion.
The demand for clean-label and natural ingredients is a significant driver of the pectin market's growth. Consumers are increasingly favoring plant-based and minimally processed ingredients over artificial additives, prompting food and beverage manufacturers to adopt cleaner, organic options. This trend is supported by regulatory frameworks encouraging the use of natural additives. Europe holds the largest market share, followed by North America, with the growing vegan population and the demand for plant-based ingredients further shaping market dynamics. The competitive landscape is marked by the presence of major players like International Flavors & Fragrances, Inc., Cargill Incorporated, and Royal DSM, who are focusing on innovation and expanding production capacities. Recent product launches and strategic expansions, such as Cargill's introduction of LM conventional pectins and Herbstreith & Fox's new subsidiary in Italy, highlight the market's ongoing development and potential for future growth.
Pectin Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Demand for Natural and Clean-label Ingredients
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1.1.2 Rising Consumption of Packaged Food Products
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1.2 Market Restraints
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1.2.1 Availability of Economically Feasible Alternatives
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Source
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2.1.1 Citrus Fruits
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2.1.2 Sugar Beet
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2.1.3 Apple
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2.1.4 Other Sources
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2.2 By Application
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2.2.1 Beauty and Personal Care
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2.2.2 Food and Beverage
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2.2.2.1 Jam, Jelly, and Preserve
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2.2.2.2 Baked Goods
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2.2.2.3 Dairy Products
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2.2.2.4 Other Foods and Beverages
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2.2.3 Pharmaceuticals
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2.2.4 Other Applications
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2.2.4.1 Edible Films and Coatings
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2.2.4.2 Paper Substitutes
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2.2.4.3 Foams and Plasticizers
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2.3 By Type
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2.3.1 High Methoxyl Pectin
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2.3.2 Low Methoxyl Pectin
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 Germany
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2.4.2.3 France
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2.4.2.4 Russia
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2.4.2.5 Italy
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2.4.2.6 Spain
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Japan
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East & Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East & Africa
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Pectin Market Size FAQs
How big is the Pectin Market?
The Pectin Market size is expected to reach USD 1.01 billion in 2024 and grow at a CAGR of 6.02% to reach USD 1.35 billion by 2029.
What is the current Pectin Market size?
In 2024, the Pectin Market size is expected to reach USD 1.01 billion.
