Market Research Report
Pectin - A Global Market Overview
|Published by||Industry Experts||Product code||785464|
|Published||Content info||276 Pages, 214 Charts
Delivery time: 1-2 business days
|Pectin - A Global Market Overview|
|Published: February 7, 2019||Content info: 276 Pages, 214 Charts||
Major application for pectin is as a gelling agent, thickening agent and stabilizer in food & beverages while also used in cosmetics, personal care products, pharmaceuticals and nutraceutical products. Among different food & beverages applications, jams/jellies occupy the largest share of pectin consumption globally. Technical advancements in pectin products have made possible to create a shelf-stable and low-pH diary beverages such as drinkable yogurts and milk-juice blends. Further, increasing consumption of pectin in dairy products is forecast to drive the pectin market.
Food & Beverages segment accounts for more than 90% of Pectin's consumption globally, estimated at 60 thousand metric tons in 2018. Europe is estimated the largest market for Pectin with 31 thousand metric tons valued about US$420 million in the same year. Global market is expected to witness a pretty decent growth of 5.8% CAGR between the period 2018 and 2024.
The market for major applications of Pectin explored in this report include the following:
The report analyzes the market for sub-segments of Food & Beverages applications of Pectin comprising the following:
The report reviews, analyzes and projects the global Pectin market for the period 2015-2024 in terms of consumption in Metric Tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2024