Global Apple Pectin Market Anticipates Strong 5% CAGR Growth Through 2023-2031: Reed Intelligence

The Global Apple Pectin Market Size is expected to grow at a CAGR of approximately around 5% during the forecast period of 2023-2031. North America is an important market for apple pectin.

| Source: Reed Intelligence Reed Intelligence

New York, United States, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The market is expanding due to the growing need for natural food additives, the growing acceptance of vegan and gluten-free diets, and the expanding usage of apple pectin in medical applications.

A naturally occurring polymer taken from apple cell walls is called pectin. It is a powder that dissolves in water that is white, tasteless, and odorless. The capacity of apple pectin to thicken and gel food, bind water, and function as a prebiotic are just a few of the qualities that make it a useful food addition.

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Market Drivers

The apple pectin industry is mostly driven by the growing demand for natural food additives. Natural ingredient-based food products are becoming more and more popular among consumers. Natural food additive apple pectin is devoid of artificial tastes, colors, and preservatives.

Another major factor propelling the apple pectin industry is the increasing popularity of vegan and gluten-free diets. A gluten-free and vegan food additive that works well in a range of food products is apple pectin. The food and beverage industry's need for apple pectin is being driven by this.

The market is expanding due in part to the growing percentage of apple pectin usage in pharmaceuticals. Numerous health benefits of apple pectin have been demonstrated, including its capacity to lower blood sugar, cholesterol, and enhance gut health. The pharmaceutical industry's need for apple pectin is being driven by this.

Report Scope

Report MetricDetails
Compound Annual Growth Rate (CAGR)5%
Forecast Period2023-2031
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments CoveredSegmentation by Type
  • Dry Pectin
  • Liquid Pectin
Segmentation by Application
  • Food & Beverages
  • Pharmaceuticals
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • LATAM
Market Drivers
  • Increasing Demand For Natural Food Additives
  • Growing Popularity Of Gluten-Free And Vegan Diets

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Apple pectin is a type of soluble dietary fiber found in apples and other fruits. It is a complex carbohydrate composed of chains of sugar molecules, including galacturonic acid, which gives pectin its gel-like properties. Pectin is commonly used in cooking and food processing for its thickening and gelling abilities, and it has various health benefits.

Regional Analysis

With the biggest share of the market, apple pectin's greatest market is found in North America. Increased demand for natural food additives, the growing popularity of vegan and gluten-free diets, and the increased usage of apple pectin in pharmaceutical applications are driving the market's expansion in North America.

The second-biggest market for apple pectin is in Europe. Similar reasons driving the expansion of the North American industry also propel the European market, including rising demand for natural food additives and growing popularity of vegan and gluten-free diets.

The apple pectin market with the quickest rate of growth is Asia Pacific. The growing middle class, the rise in processed food consumption, and the growing knowledge of apple pectin's health advantages are driving the market's expansion in Asia Pacific.

There is a tiny market for apple pectin in Latin America. But in the next years, the market is anticipated to expand significantly as a result of the expanding popularity of vegan and gluten-free diets as well as the growing demand for natural food additives.

Key Highlights For The Apple Pectin Market

  • The Global Apple Pectin Market Size is expected to grow at a CAGR of approximately around 5% during the forecast period of 2023-2031.
  • The market is being pushed by the increased usage of apple pectin in pharmaceutical applications, the growing popularity of vegan and gluten-free diets, and the growing demand for natural food additives.
  • The biggest markets for apple pectin are in North America, followed by those in Europe and Asia Pacific.
  • Due to the expanding middle class, the increase in processed food consumption, and increased knowledge of apple pectin's health benefits, Asia Pacific is the region with the fastest-growing apple pectin market.
  • To satisfy the rising demand for apple pectin, these companies are creating new goods and technology.

Key Players

  • Cargill
  • Herbstreith & Fox
  • Andre Group
  • Silvateam
  • Naturex
  • Inner Mongolia Constan Biotechnology

Apple Pectin Market Segmentation

Segmentation by Type

  • Dry Pectin
  • Liquid Pectin

Segmentation by Application

  • Food & Beverages
  • Pharmaceuticals

Segment by Region

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • LATAM

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Apple Pectin Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Apple Pectin Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Apple Pectin Market, Segmentation by Type
    1. Introduction
      1. Market Size and Forecast, Segmentation by Type
    2. Dry Pectin
      1. Market Size and Forecast, By Region
    3. Liquid Pectin
      1. Market Size and Forecast, By Region
  10. Apple Pectin Market, Segmentation by Application
    1. Introduction
      1. Market Size and Forecast, Segmentation by Application
    2. Food & Beverages
      1. Market Size and Forecast, By Region
    3. Pharmaceuticals
      1. Market Size and Forecast, By Region
  11. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      2. U.S.
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      3. Canada
    3. Europe
      1. Market Size and Forecast
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      2. U.K.
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      3. Germany
      4. France
      5. Spain
      6. Italy
      7. Russia
      8. Nordic
      9. Benelux
      10. Rest of Europe
    4. APAC
      1. Market Size and Forecast
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      2. China
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      3. Korea
      4. Japan
      5. India
      6. Australia
      7. Singapore
      8. Taiwan
      9. South East Asia
      10. Rest of Asia-Pacific
    5. Middle East and Africa
      1. Market Size and Forecast
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      2. UAE
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      3. Turky
      4. Saudi Arabia
      5. South Africa
      6. Egypt
      7. Nigeria
      8. Rest of MEA
    6. LATAM
      1. Market Size and Forecast
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      2. Brazil
        1. Segmentation by Type
          1. Dry Pectin
          2. Liquid Pectin
        2. Segmentation by Application
          1. Food & Beverages
          2. Pharmaceuticals
      3. Mexico
      4. Argentina
      5. Chile
      6. Colombia
      7. Rest of LATAM
  12. Competitive Landscape, 2022
    1. Introduction
    2. Apple Pectin Market Share Analysis, 2022 (%)
      1. Market Share Analysis, 2022
      2. Competition Ranking, 2022
      3. Key Developments & Growth Strategies
        1. Merger & Acquisition
        2. Product Launch
        3. Expansion
      4. Consolidated SWOT Analysis of Key Players
  13. Company Profile
    1. Cargill
      1. Business Overview
      2. Financial Data
      3. Key Product Categories
      4. Recent Developments
    2. Herbstreith & Fox
    3. Andre Group
    4. Silvateam
    5. Naturex
    6. Inner Mongolia Constan Biotechnology

Read Full Table of Content and Figure @ https://reedintelligence.com/market-analysis/global-apple-pectin-market/toc 

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Mot-clé

Apple Pectin Market Size Pectin Industry Pectin Market Fruit Pectin Food Industry Health Benefits Vegan Food Food Additives USA

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