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Date Submitted: 07/11/2016 01:46 AM
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Pectin Market - Global Industry USD 4315.5
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REPORT DESCRIPTION
Pectin is a structural heteropolysaccharide which is usually found in the primary cell wall of terrestrial plants. It is commercially
manufactured as a brown powder, majorly extracted from citrus fruits. Pectin is primarily used as a gelling agent in food
products such as jellies and jams. It is also consumed in sweets, medicines and fillings, as well as a stabilizer in milk drink and
fruit juices, and as a primary source of dietary fiber. Pectin belongs to the group of food hydrocolloids which form viscous gels or
liquids when dispersed in water. Pectin has a wide range of application scope in the food industry such as beverages, meat &
poultry products, bakery, confectionary, sausage and dressings, and dairy products among others.
The global market for pectin has been witnessing significant growth on account of rising demand for food products from
developed as well as developing economies. The industry has been mature in developed regions such Europe, followed by North
America. However, the industry for pectin is anticipated to grow rapidly in emerging economies such as China and India owing
to change in lifestyle of the individuals as well as changing consumer preferences for convenience foods. Moreover, economic
development in China has resulted in increasing purchase power of consumers, leading to increasing demand for high-quality
processed foods.
Although the industry...