Global Food Low Methoxyl Pectin Market Size  (2024 – 2030)

The Global Food Low Methoxyl Pectin Market was valued at USD 1.22 Billion and is projected to reach a market size of USD 1.70 Billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 4.85%.

Industry Overview:

Pectin is a polysaccharide (starch) extracted from the fundamental cellphone wall of plants, typically from fibrous cells of citrus peels or apples by either acid or alkaline hydrolysis. There are two basic kinds of pectin: high-methoxyl pectin and low-methoxyl pectin. Low-methoxyl pectin is broadly used in the food industry as a thickening agent for jams and jellies. Low-methoxyl pectin is relevant in dessert fillings; sweets; and as a thickener and stabilizer in fruit juices, consuming yogurt, milk drinks, hair tonics, body lotions, shampoos, and conditioners. In cosmetics, low-methoxyl pectin is used as a structure company in pastes, ointments, oils, and creams. In medicine, pectin is used to prevent disorders, such as constipation and diarrhea, mouth & throat sores, diabetes, and colon cancer.

 The superior gelling property of low-methoxyl pectin and its ability to gel with less or no sugar is predicted to force market growth. Change in dietary preference of customers to low-sugar dessert fillings, sweets, fruit juices, and milk drinks has led to the extended consumption of low-methoxyl pectin. The surge in the software of low-methoxyl pectin in the pharmaceutical industry to produce medicine and in the cosmetic industry is anticipate

Due to similarly fuel the market growth. However, the availability of gelling agents, such as gelatin, can also hamper market growth. Moreover, growth in food enterprise in Asia-Pacific is predicted to create beneficial opportunities for the producers of low-methoxyl pectin. Typically derived from apple and citrus peels, it is additionally considered amongst the most label-friendly and versatile gums. Consequently, it is desired for use in many clean-label formulations, in particular in dairy-alternative beverages, consisting of the low-sugar and low-pH variants. Suitable low-pH formulations include jellies, jams, fruit syrups, yogurts, yogurt drinks, and dairy-alternative yogurts. Other purposes include more indulgent confectionery chews, gummies, and glazes. Leading citrus pectin players have been focusing on backward integration for business development and growth of their existing manufacturing abilities and are creating clean label products and the requisite certifications.

COVID-19 impact on Food Low Methoxyl Pectin Market

The adverse effects of the COVID-19 pandemic can in most cases be felt in the grant chains of the market that was once heavily disrupted due to the variety of lockdowns implemented at some stage in the world. The demand for the food & drinks industry used to be in exceptional turmoil due to the imposing lockdowns. For example, many milk and dairy processing gadgets have been asked to shut down or operate at a reduced fee during the Pandemic. However, the scenario is completely reversed for the pharmaceutical industry. During the Covid-19 pandemic, there was once a massive make bigger in the demand for pharmaceuticals. As such, the pharmaceutical market saw a boom in more than a few regions. Both of these factors, and more, affected the sales and demand of Pectin all throughout the COVID-19 Pandemic. However, as the scenario is slowly resolving, the market is witnessing a vogue of consistent growth.

MARKET DRIVERS:

The growing demand for hydrocolloids from the food and beverage industry is driving the growth of the market

The developing demand for hydrocolloids from the meals and beverage enterprise is propelling the market increase of pectin. It is used as a hydrocolloid ingredient in a food product to furnish balance and beautify the viscosity of fit-to-be-eaten products. The adhesive houses of pectin enable the food product to naturally conceal the constituent of meal ingredients. Moreover, increasing consumption of processed food products around the globe is, in addition, fueling the market increase of pectin.

Rising demand for natural ingredients due to growing health-conscious consumers is driving the market growth of the market

Rising demand for natural components due to growing health-conscious consumers is riding the market increase of pectin. The growing occurrence of chronic diseases such as diabetes, obesity, and cardiac problems has further raised the demand for pectin. Moreover, pectin and its derivatives are rich in diet C, pectolytic enzymes, fiber, carotenoids, vitamin B, and other salts. Furthermore, it has a low-calorie and fat-free nature of the fruit, making it ideal for food ingredients.

MARKET RESTRAINTS:

The Complex Process of manufacturing and Volatile Prices of Raw Materials is restraining the growth of the market

The system of deriving pectin from its raw substances is complex and the yield isn’t usually good. Due to this many corporations invest in R&D to develop higher technology to extract Pectin. Another difficulty is the removal of chemical substances they use in the extraction of pectin. Some of these chemical substances can be detrimental so organizations are developing higher science in the hopes of totally disposing of these chemical compounds during the manufacturing process. On the pinnacle of that, the expenses of the uncooked fabric are very volatile. For example, the common Retail charge of apples in Delhi, India, for the duration of the month of January 2020, the fee used to be INR Rs. 11,260/metric tonne (USD157.95/metric tonne), whereas in July the rate had hiked to INR Rs. 20,000/metric tonne (USD 266.94 metric/tonne) according to National Horticulture Board, Government of India. Apple peels are one of the predominant uncooked substances in Pectin manufacturing and such fluctuations often avert the Pectin Market.

FOOD LOW METHOXYL PECTIN MARKET REPORT COVERAGE:

This research report on the global Food Low Methoxyl Pectin Market has been segmented and sub-segmented based on Function, application, and region.

Food Low Methoxyl Pectin Market - By Function:

• Thickener
• Stabilizer
• Gelling agent
• Fat replacer
• Others

thickener functional section accounted for over 35% of the market in 2015. The section is expected to exhibit a similar increase in fashion over the forecast period. The wide use of pectin as a thickener in a range of food merchandise is due to its chemical and physical properties. It has the capability to form cross-linked polymer networks that are exceptionally hydrated.

thickener functional phase market is accompanied via gelling agent segment. The segment is predicted to develop at a CAGR of 7.2% from 2016 to 2015. Pectin is also used in cooking which is divided into two categories, high-methoxyl (HM) and low-methoxyl (LM). One requires the presence of sugar and a positive quantity of acid and the latter requires the presence of calcium to generate the technique of gelling.

Food Low Methoxyl Pectin Market - By Application:

• Food & Beverage
• Pharmaceuticals
• Bakery
• Dairy products
• Others

 Based on application, Food & Beverage application was the major application sector, which accounted for over 40% of the average market in 2015. It is used for confectionery, and fruit purposes (such as jams, jellies, and desserts). The pectin software is predicted to show a comparable style over the forecast period. The market is anticipated to grow at a CAGR of 7.5%. The demand for pectin in prescription drugs and cosmetics merchandise is additionally developing significantly. It is used to create textures from gels to structured fluids. By the use of extraordinary raw materials and manufacturing conditions, it is additionally used as film-forming and water-binding agents.

Food Low Methoxyl Pectin Market - By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East
• Africa

Geographically, Europe holds the greatest market share in the pectin market, as observed in North America. The demand in the place is high owing to the presence and growth of end-use applications for the product. As per the USDA Foreign Agricultural Service, in 2018/2019, Spain was the main producer of fresh oranges in the European Union (EU28), with over 3.7 million metric tons of clean oranges. It produced the largest quantity of citrus fruits at over 6.33 million metric tons in Europe (Eurostat). This aspect can in addition improve the manufacturing of pectin in the country. Consumers in the United Kingdom are lowering their meat consumption and moving to vegan and plant-based products, as a consequence boosting the demand for plant-based ingredients, such as pectin, which is absolutely plant-based. Such plant-based traits can support the software of pectin. The growing conceivable for the pharmaceutical market in Germany, along with growing innovations in the pectin market, such as the introduction of MCP (Modified Citrus Pectin), which is tailored for use as a dietary supplement or for pharmaceutical applications. Therefore, innovation in both pectin and pharmaceutical markets is anticipated to drive the market further.

Food Low Methoxyl Pectin Market Share by company

1. Cargill Incorporated
2. Ingredion incorporated
3. CP telco
4. Tate and Lyle LLC
5. natures
6. Lucid Colloids LTD
7. DowDupont
8. Silvateam SPA

Recently CP Kelco announced plans to expand their Pectin production facility by 10% in Limeira, Brazil. This will enhance their supply chain and help the company distribute Pectin in Latin America.

CP Kelco launched a new Pectin to help simplify fruit drinking Yogurt production marketed as the GENU YM-FP-2100. It is a clean-label ingredient that provides a degree of viscosity and works as a stabilizer in fruit drinking Yogurt.

The market is mature and fragmented and with no outright market leader. Market players are focusing on developing new technologies to achieve product differentiation. The experienced, as well as small-scale regional players, are investing in research & development activities and trying to develop new and better products for the end-user industries to gain market share.

NOTABLE HAPPENINGS IN THE FOOD LOW METHOXYL PECTIN MARKET IN THE RECENT PAST:

• Product Launch - In 2021, Herbstreith & Fox Corporate Group launched high-quality pectins of citrus and apple pectin for various application areas in Europe. Pectin is a gelling agent in vegan confectionery products, OTC-Gummies, plant extract enriched gummies, sugar-reduced, and sugar-free gummies soft and chewy gummies
• Product Launch - In early 2020, CP Kelco launched GENU Pectin YM-FP-2100, a clean-label-friendly ingredient that provides a medium-to-high viscosity in the fruited drinking yogurt and with ease of pumpability at the fruit preparation stage.