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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 industry includes Cargill, Inc., DuPont de Nemours, Inc., Herbstreith & Fox KG Pektin-Fabriken, CP Kelco, Silvateam S.p.A., B&V srl, Classic Gum Company, Florida Food Products, Inc., Yantai Andre Pectin Co. Ltd., and Fiberstar, Inc., among others.
Citrus pectin industry from the oranges source segment generated USD 691.5 million in revenue in 2022 and is likely to witness high demand owing to the flexibility of citrus pectin produced from oranges in driver in the food and beverage sector.
North America industry for citrus pectin accounted for USD 462.9 million in revenue in 2022 and is estimated to expand at a robust growth rate due to the growing customer preference for clean-label, natural, and healthier food, and beverage items.
The market size for citrus pectin reached USD 1.25 billion in 2023 and is set to reach USD 2.07 billion by 2032, attributed to the rising awareness of citrus pectin's potential health advantages which has surged it need in dietary and nutritional applications.