The North America Pectin Market is expected to be worth USD 0.49 million in 2024 to grow at a CAGR of 6.51%, to achieve USD 0.67 million by 2029. Pectin is a gelling agent derived from terrestrial plants.
Pectin is a structural heteropolysaccharide that is found in 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, sweets, as a stabilizer in fruit juices and milk drinks, and as a source of dietary fiber.
Factors contributing to the growth of market include growing awareness regarding the health benefits offered by functional foods, 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 extraction of animal pectin and stringent regulatory systems are the factors hindering the growth of market.
This Research Report on North America Pectin Market is segmenetd and sub segmenetd into following categories:
North America Pectin Market - By Sources:
North America Pectin Market - By Application:
North America Pectin Market - By Function:
North America Pectin Market - By Product:
The North America market for Pectin is segmented based on Source, Application, Function and Product. Based on Source it is divided into Animals, Chemical Manufacturing and Processing, Marine, Micro organisms and Plants. Based on Application it is divided into Bakery Fillings and Toppings, Beverages, Confectionary, Dairy Products and Frozen Desserts, Dietary Supplements, Functional Food, Jams and Jellies, Meat and Poultry Products, Pharmaceutical, Personal Care and Cosmetics and Others. Based on Function it is divided into Thickener, Gelling Agent, Fat Replacer, Stabilizer, Food and Beverage Texturants, Coating and Others. Based on Product it is divided into High Methoxyl Pectin and Low Methoxyl Pectin. Based on source Plant based pectin holds the major market share due to its easy extraction process and abundancy. Based on Application Dairy Products and Frozen Desserts hold the major share in the market followed by jams and jellies as these are the key components and used as stabilizers. Functional Foods application is expected to grow the fastest due to increasing popularity and growing awareness regarding healthy diet.
North America Pectin Market - By Region:
Based on geographical analysis, the market is divided into regions of United States of America and Canada. The USA 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. USA is also the fastest-growing region due to the increasing demand for dairy products and functional foods, product innovation and increasing adoption rate.
KEY MARKET PLAYERS:
Key market players of North America 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.
Frequently Asked Questions
Pectin is a natural polysaccharide found in fruits such as apples, citrus fruits, and berries. It is commonly used as a gelling agent, thickener, and stabilizer in various food and beverage products.
Pectin is primarily used in various food and beverage applications Jams, jellies, and preserves.
Some challenges faced by the pectin market in North America Fluctuations in raw material prices and availability Competition from alternative hydrocolloids and stabilizers.
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