The Global High Methoxyl Pectin Market Size is valued at 1217.89 million in 2022 and is predicted to reach 2561.11 million by the year 2031 at an 8.79% CAGR during the forecast period.
A water-soluble dietary fibre made from citrus fruits is known as high methyl pectin. In the forecast future, there is anticipated to be a rise in demand for the high methoxyl pectin market due to rising jam and jelly consumption. Food and beverage manufacturers utilize pectin primarily as a gelling agent, thickener, and stabilizer. Additionally, tablets and capsules are bound using high methoxyl pectin. In the upcoming years, it is anticipated that the food and beverage sectors' growing use of clean-label ingredients will accelerate market growth.
However, the high cost of pectin-based goods resulting from high manufacturing costs, the scarcity of raw materials for pectin production, combined with trade restrictions as a result of the COVID-19 epidemic, are factors that could constrain market growth over the course of the projected period.
Additionally, the government's initiatives to use sustainable components in manufacturing, rising R&D activities, and investments from well-known companies are all anticipated to generate lucrative revenue growth opportunities for market participants selling high methoxyl pectin over the forecast period.
Competitive Landscape:
Some of the major key players in the high methoxyl pectin market are:
- AB Mauri (U.K.)
- Adisseo (France)
- ADM (U.S.)
- Agrano GmbH & Co. K.G. (Germany)
- Alltech, (U.S.)
- BASF SE (Germany)
- BTSA Biotechnologias Aplicadas S.L. (Spain)
- Cargill, Incorporated
- Ceamsa
- Hansen Holding A/S (Denmark)
- Cp Kelco, Herbstreith & Fox Kg
- DCL Food Distributors (U.K.)
- DSM (Netherlands)
- Dupont Nutrition & Health
- Farbest Brands (U.S.)
- Glanbia Plc (Ireland)
- Imperial yeast (U.S.)
- Jinfeng Pectin Co., Ltd.
- Kerry Group plc (Ireland)
- Laffort (France)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- Lonza Group (Switzerland)
- Naturex Group
- Novus International (U.S.)
- Pomona’s Universal Pectin
- Rabar Pty Ltd (Australia)
- SternVitamin GmbH & Co. KG (Germany)
- Uniferm Gmbh & Co. K.G. (Germany)
- Yantai Andre Pectin Co. Ltd.
Market Segmentation:
The high methoxyl pectin market is segmented on the basis of type and application. Based on type, the market is segmented as extra rapid set, rapid set, medium rapid set, slow set, and extra slow set. By application, the market is segmented into the food industry and pharmaceutical.
Based On Type, The Rapid Set Segment Is Accounted As A Major Contributor In The High Methoxyl Pectin Market
The rapid set category is expected to hold a major share in the high methoxyl pectin market in 2021. This is attributed to the growing usage of high methoxyl pectin for thickening, binding and gelling. The rapid set category works at pH from 3.2 to 3.3. It converts into gel quickly so mostly used in jams and jellies production of small containers. The other category of the high methoxyl pectin market is the slow set which best works at pH from 2.8 to 3.2. it converts into gel more slowly, which procures early gelatin, and so mostly used in large-scale batches of jellies and jams.
Food Industry Segment Witnessed Growth At A Rapid Rate
The food industry segment is projected to grow at a rapid rate in the high methoxyl pectin market owing to the growing concern for food & beverages. Hence, with the growing popularity of organic products and there is an increase in demand for healthcare products in, especially in countries such as the US, Germany, the UK, China, and India. High methoxyl pectin is also used in the pharmaceutical segment to bind capsules and tablets.
In The Region, The North America High Methoxyl Pectin Market Holds A Significant Revenue Share
The North America high methoxyl pectin market is expected to register the highest market share in terms of revenue in the near future. This can be attributed to the intense focus on the environment in the region, with the increasing adoption of natural and organic ingredients in different industries, including food & beverages and pharmaceuticals. In addition, the food industry in the region is focusing on the production of jams & jelly and bakery products to increase the growth of the high methoxyl pectin market. Growing demand for organic ingredients across industries and widespread adoption of high methoxyl pectin in the region are factors proliferating the growth of the target market in the region. In addition, Asia Pacific is projected to grow at a rapid rate in the high methoxyl pectin market due to growing concerns about health, rapid industrialization, government initiatives, and increasing funding in various industries.
High Methoxyl Pectin Market Report Scope:
Report Attribute |
Specifications |
Market size value in 2022 |
USD 1217.89 Mn |
Revenue forecast in 2031 |
USD 2561.11 Mn |
Growth rate CAGR |
CAGR of 8.79% from 2023 to 2031 |
Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2023 to 2031 |
Historic Year |
2019 to 2022 |
Forecast Year |
2023-2031 |
Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments covered |
Type And Application |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
Competitive Landscape |
Dupont nutrition & Health, Cargill, Incorporated, Silvateam S.P.A., Jinfeng Pectin Co.,Ltd., Cp Kelco, Herbstreith & Fox Kg, Naturex Group, Yantai Andre Pectin Co. Ltd., Pomana’s Universal Pectin, Ceamsa. |
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |