Pectin Market to be Driven by Consumers Putting Health as the Topmost Priority
Published On : Sep 14, 2020
According to Persistence Market Research, the global pectin market will grow full throttle between 2020 and 2030.
The ever-increasing usage of organic and healthy raw materials to produce edible products due to growing health concerns is the main factor driving the pectin market. Pectin is basically extracted from apples, oranges, cherries, apricots, carrots, and various other citrus fruits. However, when it comes to production at a large scale, dried citrus and apple peel are used, which are available in the form of light brown and white powder at the commercial front.
Pectin market is also being driven by the fact that pectin is used as a stabilizer and thickening & gelling agent in a wide range of the fruit products like fruit-based preparations for desserts & yogurts, marmalades, and also the bakery products. It is advisable to be used in jellies and jams for giving them “gel” structure. The advantages aftermath include reduction in cooking time, improvement in color and texture, and longer shelf life. In the pharmaceuticals industry, pectin helps in production of specialty medical adhesives and also helps in wound healing preparations.
Outlook towards Pectin: Worldwide
The composition and usage of pectin are regulated through diverse food additive laws. Coming to the EU, pectin, along with the amidated one (pectin’s modified version), have been given an ADI (Acceptable Daily Intake) by Scientific Committee for Food. On the similar grounds, the Ministry of Health, Labor, and Welfare in Japan have recognized pectin as safe as per the “Specifications and Standards for Food Additives” therein. The US FDA have categorized pectin as “Generally Recognized as Safe (GRAS).
Microwave-based technology is being put into practice with regards to derivation of pectin from its raw material. It is better known as “modified microwave technology”, which does break waste lime and orange peel into a plethora of products. These products, in turn, prove to be valuable on the count of end-users. The large microwave oven is capable of working at 200 degree Celsius as well, which itself is sufficient for transforming the waste mentioned-above into useful substances.
The end-users include “gels” and “thickeners”. Pectin has the capability of forming cross-linked polymer networks that are well hydrated. This helps it being used as a “thickener”. Moreover, HM (high-methoxyl) pectin and LM (low-methoxyl) pectin are the ones used in cooking. The former needs sugar to be present along with acid, whereas the latter needs calcium to be present for starting with process of gelling.
Different raw materials/manufacturing conditions could be tried out for using pectin as water-binding and film-forming agent. This multi-purpose utility is bound to bolster the pectin market going forward.
Pectin for Weight Management?
Obesity is increasing at an alarming rate worldwide. This brings with it chronic ailments like cardiovascular diseases and diabetes. Research states that pectin works wonders as a fat replacer as it renders the products healthier by reducing sugar and calories and enriching with the fibers. Thus, pectin as a dietary ingredient could be looked upon as one of the healthiest replacements. This factor is likely to boost the pectin market in the upcoming period.
The outbreak of Covid-19 has slowed down the process of derivation of pectin with lockdowns disrupting the value chain. However, the demand for pectin continues to increase due to its proven efficiency as a healthy ingredient. Intake of healthy food will increase immunity and help in fighting Covid-19 better.
Europe holds more than 30% of market share due to growing end-use applications. Brazil comes in second, followed by Denmark. Mexico follows suit. Asia-Pacific is a promising market with countries like India looking forward to a healthy diet.
The Key Participants
The key players in the pectin market include B&V srl, Yantai Andre Pectin Co. Ltd., Devson Impex Private Limited, Herbstreith & Fox, Cargill, Inc., CO Kelco, FMC Corporation, DuPont Nutrition & Health.
On the whole, pectin market would be unfazed by Covid-19 (in terms of demand).
For more details, please visit https://www.persistencemarketresearch.com/market-research/pectin-market.asp