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Citrus Pectin Market Size
Citrus Pectin Market size was valued at USD 1.25 billion in 2023 and is anticipated to grow at a CAGR of over 6% between 2024 and 2032. The increased awareness of citrus pectin's potential health advantages, particularly its function in dietary and nutritional applications, is a prominent demand driver in the citrus pectin industry. Citrus pectin is a natural chemical obtained from the peels of citrus fruits such as oranges, lemons, and grapefruits that has gelling and thickening qualities. It has a wide range of uses in food and beverage goods such as fruit juices, jellies, jams, and yogurt.
Consumer interest in health and wellbeing has increased demand for natural and clean-label components. Citrus pectin suits this trend because it is plant-based, non-allergenic, and non-GMO. It has also been examined for its possible health advantages, including as its capacity to decrease cholesterol, manage blood sugar, and boost digestive health. This has led to its incorporation into dietary supplements and medicinal items.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1.25 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6% |
2032 Value Projection: | USD 2.07 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 289 |
Segments covered: | source, grade, application, and distribution channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Other hydrocolloids, such as xanthan gum, guar gum, and carrageenan, are a significant constraint on the citrus pectin industry's revenue growth. These substitute hydrocolloids have similar texturizing and gelling capabilities and are frequently more commonly known and employed in a variety of industries. Food formulators and manufacturers may choose these replacements because to their established presence and cheaper cost, reducing citrus pectin's market share and income potential.
COVID-19 Impact
The citrus pectin market was impacted significantly by the COVID-19 pandemic. While demand for citrus pectin increased owing to its usage in food items, particularly those linked with health and wellness, disruptions in supply chains and the manufacturing sector hampered the market's overall development. Furthermore, due to the closure of the hospitality and foodservice businesses during lockdowns and limitations, the usage of citrus pectin in restaurant and catering situations was limited. The growing consumer emphasis on healthy and natural ingredients, on the other hand, has led to a continuing demand for citrus pectin in goods such as dietary supplements and functional meals. The citrus pectin industry is predicted to rebound and continue to profit from the health-conscious consumer trend as the pandemic progresses.
Citrus Pectin Market Trends
The citrus pectin industry is expanding due to rising demand for natural, clean-label products in the food and pharmaceutical sectors. Citrus pectin's various applications, such as its involvement in low-sugar and low-fat food formulations, as well as its potential health advantages, are driving its popularity. As consumer knowledge of these benefits grows, the market is likely to increase steadily, owing to a trend toward healthier and natural ingredient options.
Citrus Pectin Market Analysis
Based on source, the market is segmented as oranges, lemon, grapefruit, others. Oranges held a majority market value of USD 691.5 million in 2022. The flexibility of citrus pectin produced from oranges is an important demand driver in the food and beverage sector. Citrus pectin, a natural thickening and gelling ingredient, is widely valued for its ability to improve the texture and consistency of a broad range of goods, including jellies, jams, fruit juices, and dairy products. Its clean-label, non-GMO status also corresponds with rising consumer desire for healthful and natural ingredients, enhancing its demand in the food sector.
Based on grade, the market is segmented as high methoxyl (HM) pectin and low methoxyl (LM) pectin. High Methoxyl (HM) Pectin held a dominant market share of around 62.3% in 2022 and is expected to grow at a lucrative pace till 2032. High Methoxyl (HM) Pectin grade is in high demand because to its remarkable gelling qualities, which make it an important component in the food sector, notably in the preparation of jellies, jams, and fruit preserves. The capacity of HM pectin to create strong gels in the presence of high sugar levels and low pH is critical for producing the correct texture and consistency in these products.
Based on application, the citrus pectin market is segmented as food & beverages, bakery and confectionery, pharmaceutical, cosmetic and personal care products, dietary supplements, functional food, others. Food & Beverages held a majority market value of USD 352.1 million in 2022. One of the primary demand drivers for citrus pectin in the Food & Beverages industry is its exceptional gelling and thickening properties, making it a valuable ingredient for creating desirable textures and mouthfeel in a wide range of products, including jams, jellies, fruit-based beverages, dairy products, and confectionery. Citrus pectin is a natural alternative to synthetic additives, aligning with the growing consumer preference for clean-label, all-natural ingredients, and it also contributes to product quality and enhances the overall sensory experience, thus driving its demand in the food and beverage sector.
Based on distribution channel, the market is segmented as direct sales, distributors and wholesalers, online retail, convenience stores, specialty stores, and others. Distributors and Wholesalers held a majority market value of USD 474.4 Million in 2022. The requirement for effective and comprehensive supply chain distribution drives the use of citrus pectin through distributors and wholesalers. Distributors and wholesalers play an important role in maintaining a consistent and easily available supply of citrus pectin to manufacturers in a variety of sectors. They provide a practical and cost-effective method of obtaining this chemical, facilitating the manufacturing of a wide range of items such as food, medications, and supplements.
North America dominated the majority market share and a revenue of USD 462.9 million in 2022. One of the key demand drivers for citrus pectin in North America is the growing customer preference for clean-label, natural, and healthier food, and beverage items. Citrus pectin, obtained from citrus fruit peels, is praised for its natural and plant-based properties as customers grow more health-conscious and seek for goods with minimum chemicals and preservatives. It is used to improve texture, stability, and consistency in a variety of food and beverage goods, including jellies, jams, and dairy products, coinciding with the clean-label trend and generating regional demand.
Citrus Pectin Market Share
Major players operating in the citrus pectin industry include:
- Cargill, Inc.
- DuPont de Nemours, Inc.
- Herbstreith & Fox KG Pektin-Fabriken
- Naturex (Givaudan)
- CP Kelco
- Compañía Española de Algas Marinas S.A. (CEAMSA)
- Silvateam S.p.A.
- Quadra Chemicals Ltd.
- B&V srl
- Lucid Colloids Ltd.
- Classic Gum Company
- S.A. Citrique Belge N.V. (Citrique Belge)
- Florida Food Products, Inc.
- Yantai Andre Pectin Co. Ltd.
- Fiberstar, Inc.
Cargill, Inc. is one of the world's leading producers of citrus pectin. Cargill produces citrus pectin at its facilities in Spain, Brazil, and the United States. Cargill's citrus pectin is known for its high quality and consistency. Cargill has production facilities in over 70 countries. This gives Cargill access to a wide range of citrus peels and other raw materials.
Citrus Pectin Industry News
- In October 2021, CP Kelco, a global pioneer in natural products, introduced GENU Pectin YM-SAL 200, an enhanced stabilizing solution for long shelf-life buttermilk with a saltier flavor that consumers desire.
The citrus pectin market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments:
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Market, by source
- Oranges
- Lemon
- Grapefruit
- Others
Market, by grade
- High Methoxyl (HM) Pectin
- Low Methoxyl (LM) Pectin
Market, by application
- Food & Beverages
- Bakery and Confectionery
- Pharmaceutical
- Cosmetic and Personal Care Products
- Dietary Supplements
- Functional Food
- Others
Market, by distribution channel
- Direct Sales
- Distributors and Wholesalers
- Online Retail
- Convenience Stores
- Specialty Stores
- Others
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- ANZ
- Southeast Asia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
Frequently Asked Questions (FAQ) :