Citrus Pectin Market Size

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.

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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.
 

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.