Asia Pacific Pectin Market Growth & Demand | Global Analysis by 2026
Selbyville, Delaware, United States, November 4 2020 (Wiredrelease) Global Market Insights, Inc –:Pectin market is set to experience a remunerative period of growth over the forthcoming time frame owing to the growing demand for plant-based ingredients attributing to their numerous health benefits. The growth could also be seen rising globally owing to changing consumer preference for fiber-rich food along with changes in dietary habits.
Furthermore, due to various health concerns among people the demand for clean labelled and organic products has increased, further leading to market growth. Customers have now started to take note of their dietary suggestions attributable to a major shift in their lifestyle and healthcare.
Factors such as growing cases of gastrointestinal diseases due to unhealthy diet habits and expanding personal care spending will further incite the interest for the dietary fibers. Pectin-based products provide various advantages like controlled levels of blood sugar and proper bowel health.
Get More Insight of This Premium Research Report, Request for Sample at: https://www.gminsights.com/request-sample/detail/4416
Pectin is also used as an ingredient in cosmetics as well as personal care products for digestive system disorders and for skin treatment, thereby leading to the product demand. Strict labelling demand and stringent regulations in the non-standardized food products will also push the market demand for pectin.
According to a research report by Global Market Insights Inc., pectin market is likely to exceed $1.8 billion through 2026.
Expanding diffusion in sweet and confectionery fillings, as a stabilizer in fruit juices, as well as milk beverages, would further lead to market growth. Pectin reduces the syneresis of gel in marmalades and jams and thereby improves the strength of the gel in low-calorie based jams.
It provides a jelly structure and flavor release to confectionary products. In addition, it also stabilizes protein drinks that improve mouth feel and palatability.
With respect to raw material, apple pomace has gained remarkable demand as being one of the primary sources of production. Apple peel, being the major waste in the manufacturing of preserve, contains about 1.3% pectin. The extract produces a high level of pectin as compared to sugar beet and citrus peels. Likewise, the better properties of gelling also make it the main source of raw material in food and beverage sector.
The pectin market in the APAC region is growing mainly because of the growing demand for organic consumables as well as change in consumer lifestyle. China, being the largest producers of pectin, is observing a rising demand for health and wellness products due to a growing middle-class population. Furthermore, adoption of citrus based ingredients in cosmetics sector is further expected to support the growth of the region.
Meanwhile, manufacturers in pectin market are trying to enhance their distribution network along with expanding in different regions where fruit pectin is easily accessible. Manufacturers are actively engaged in various strategies to expand with investments mainly in Asian regions. Moreover, prominent players are also investing in R&D activities so as to develop alternatives for citrus fruit in an effort to meet broadening demand for products.
All in all, the growing demand for plant-based ingredients and changes in dietary patterns are likely to offer a varied range of growth opportunities for pectin market players. The competitive landscape of pectin market includes companies like “AEP Colloids, Cargill, Herbstreith & Fox, CP Kelco U.S., Inc., TIC Gums, Inc., Krishna Pectins Pvt Ltd, and Dupont among others.”
Get More Reports From Other Reputed Sources:
1. Edible Insects Market will register phenomenal growth of 43.5% to beat $710 mn by 2024: Global Market Insights, Inc. | Growing consumer awareness pertaining to various health concerns and shift in trends in consuming protein rich foods, should drive edible insects market size.
2. Beta Glucan Market value to cross $815 million by 2026, Says Global Market Insights, Inc. | Beta Glucan Industry revenue is poised to register over 9% CAGR from 2020 to 2026, owing to rapid shift in adopting high quality and natural ingredients.
This content has been published by Global Market Insights, Inc company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at [email protected].