Pectin is a unique functional fiber derived from the primary and middle lamellae and cell walls of various terrestrial plants. It is a structural acidic heteropolysaccharide that is high in galacturonic acid (a sugar acid obtained from galactose). The fiber was first found and isolated in 1825 by French chemist and pharmacist Henri Braconnot, who then described the chemical substance in detail, highlighting its beneficial properties and potential industrial uses. Pectin is a soluble generally found in fruits and vegetables. When the fiber is heated along with a liquid, it expands and converts into a thick gel, which makes it a great thickener or gelling agent for food products like jams, jellies, dessert fillings, and assorted confectionery. Pectin is commercially produced as a white or light brown-colored powder and also finds application in the manufacture of pharmaceutical products. It is also used as a stabilizer in milk drinks and fruit juices and serves as a great source of dietary fiber. The substance is capable of gelling in the digestive tract after ingestion, which provides a plethora of health benefits. The use of pectin as a safe food additive has been approved by regulatory bodies like the World Health Organization (WHO) and the Food and Agriculture Organization’s Joint Expert Committee on Food Additives (JECFA).
Some of the key factors driving the growth of the global Pectin market include expanding R&D efforts to develop novel Pectin products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Pectin
The COVID-19 pandemic had a significant negative influence on the market for Pectin in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Pectin were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Pectin in 2020. Additionally, demand for Pectin decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Pectin market : Competitive Landscape
The prominent players operating in the Pectin market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Pectin market .
Some of the prominent players operating in the market are:
DowDupont (U.S.), Cargill, Incorporated (U.S.),Incorporated (U.S.), CP Kelco (U.S.), Tate & Lyle PLC (U.K.),, Koninklijke DSM N.V. (Netherlands), Naturex (France), Lucid Colloids Ltd (India), Silvateam S.p.A (Italy), Compañía Española de Algas Marinas S.A. (Spain), Herbstreith & Fox Corporate Group (Germany), Yantai Andre Pectin Co. Ltd. (China), B&V Srl (Italy)
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Pectin market ?
What are the key factors driving the Global Pectin market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Pectin market ?
Who are the distributors, traders, and dealers of Pectin market ?
What are the Pectin market opportunities and threats faced by the vendors in the Global Pectin industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
By Product Type
High-methoxyl (HM) Pectin
Low-methoxyl (LM) Pectin
By Raw Material Type
Apple
Citrus fruits
Sugar beet
Others (including guavas, pears, sunflower, plums, quince, and berries)
By Function
Thickeners
Gelling Agents
Fat replacers
Stabilizers
Others (including emulsifiers, e-coating materials, and moisture-binding agents)
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Regional Bifurcation of the Pectin market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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