Global Pectin Powder Market is anticipated to grow with a healthy growth rate of more than 4.7 % over the forecast period 2021-2027. Global Pectin Powder Market is valued approximately USD XXX million in 2020 and is anticipated to grow with a healthy growth rate of more than 4.7 % over the forecast period 2021-2027. Pectin is a hydrocolloid extracted from citrus fruits and apples that is used as a gelling agent in foods and for a host of other applications. Pectin powder is a popular ingredient in jams and jellies. In addition, it has been linked to a variety of health effects, such as joint pain relief, arthritis recovery, inflammation treatment, digestive assistance, and so on. The polysaccharide carbohydrate pectin powder is embedded in and around the cell wall. Gum hydrocolloids, such as pectin powder, xanthan gum, guar gum, gelatin, among others, are used in a variety of functional foods because they serve to increase food and beverage consistency and viscosity. Owing to their adhesive aspect, hydrocolloids are used to turn food materials into semi-solid food items. Pectin powder is expected to grow globally as a result of the use of gum hydrocolloids in packaged foods. Sales have increased in the food and beverage industry because of rising exports and the customer purchasing parity, resulting in increased commodity use for food manufacturing applications. Pectin is used as a gelling agent, thickening agent, and stabilizer in the manufacture of food products, which should help the pectin market expand. The food and beverage industry were the region's largest manufacturing sector in 2016, according to the Food and Drink Europe 2018 survey, with 294 thousand companies and a turnover of USD 1232.18 billion. As, France has the highest annual turnover ($199.77 billion) and the most companies (59,757), followed by Germany ($190.33 billion and 5940). Spain had a USD 107.11 billion turnover and 28,038 companies, compared to Italy's USD 147.88 billion turnover and 56,500 businesses. In contrast, the United Kingdom had just 6815 companies with a total turnover of USD 118.2 billion. Also, increase in interest in organic, herbal, and fruit-based goods, resulting from rising cases of diabetes, obesity, and cardiac issues will fuel the demand for pectin powder. However, higher production costs impede the growth of the market over the forecast period of 2021-2027. Although, increasing market for natural personal care items and cosmetics presents a lucrative opportunity for the market.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical overview of the global Pectin Powder industry. Because of the rising consumption of foods and food goods with possible health benefits, North America is the world's leading region in terms of market share. Whereas, Asia-Pacific is expected to rise at the fastest pace between 2021 and 2027, owing to the increasingly growing number of people affected by the western diet, which will generate lucrative growth opportunities for the Pectin Powder market in the Asia-Pacific region.

Major market player included in this report are:
E. I. DuPont De Nemours And Company
Cargill, Inc.
Naturex S/A
CP Kelco
Herbstreith & Fox Group
Compania Espanola de Algas S.A.
Silvateam s.p.a.
DSM Andre Pectin Co. Ltd.
Lucid Colloids Ltd.
Yantai Andre Pectin Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
High methoxyl pectin
Low methoxyl pectin
By Application:
Food and beverage
Dietary supplements
Pharmaceuticals
Personal care and cosmetics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Pectin Powder Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors