Europe Pectin Market size is expected to be worth USD 440.2 million in 2024 and is estimated to be growing at a CAGR of 6.28%, to reach USD 0.59 million by 2029. Pectin is a gelling agent derived from terrestrial plants.
Pectin is a structural heteropolysaccharide that is found in the cell walls of terrestrial plants. It is produced commercially as a white to light brown powder, mainly extracted from citrus fruits, and is used in food as a gelling agent, particularly in jams and jellies. It is also used in dessert fillings, medicines, and sweets, as a stabilizer in fruit juices and milk drinks, and as a source of dietary fiber. Factors contributing to the growth of the market include growing awareness regarding the health benefits offered by functional foods, the multi-functionality of pectin, and its extensive use in jams and jellies as well as diary food products. However, expensive raw material costs, ethical concerns regarding the extraction of animal pectin, and stringent regulatory systems are the factors hindering the growth of the market.
This Research Report on Europe Pectin Market is segmented and sub segmented into following categories
Europe Pectin Market By Source
Europe Pectin Market By Application
Europe Pectin Market By Function
Europe Pectin Market By Product
Europe Pectin Market By Region
U.K. holds the major share in the market due to the presence of market leaders as well as the presence of a well-developed food industry.
KEY PLAYERS IN EUROPE PECTIN MARKET
key players in Europe Pectin Market are Ashland Speciality Ingredients, ADM Corn Processing, Dantsco A/S, Fiberstar Inc, Polygal AG, Royal DSM Polymer Intermediates, Tate & Lyle Speciality Food Ingredients, Cargill Incorporated, E.I. du Pont de Nemours and Company (DuPont),Herbstreith & Fox Corporate group.
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