Modified citrus pectin is increasingly popular as a cancer treatment, with demand expected to grow through 2029, driven by clean-label trends.
‘Clean-label’ is gaining traction among fruit pectin companies, as evolving consumer demand creates growth opportunities. Fruit pectin companies are focusing on widening their product portfolio, while disseminating information about the positive impact of fruit pectin on consumer. These insights are according to a latest research study by Fact.MR. A summary of the report is available upon request.
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According to the study, demand for fruit pectin is growing across a range of industries, including bakery, beverages, pharmaceuticals, and food supplements. End-use industries are replacing some of the traditionally used materials to include more organic and healthy products in their offerings. Demand for fruit pectin is witnessing impressive y-o-y growth as a result of this.
The use of fruit pectin is witnessing an increase, especially in fillings and toppings. Demand has been significant for citrus pectin, and apple pectin. In fact, according to research, global consumption of fruit pectin reached 10,000 tonnes in 2018. The gains were led in part by evolving consumer preferences as well as FDA’s guidance that certain non-digestible carbohydrates be termed as dietary fibers.
Applications of fruit pectin is growing extensively in jams, jellies, and confectionaries. Manufacturers using fruit pectin as an ingredient are touting the health benefits of their products to appeal to a wider consumer base. According to the report, in terms of citrus pectin source, oranges continue to be the preferred fruit, on the basis of their availability and ease of formulation. In addition to oranges, tangerines and mandarins are the other widely used fruit pectin globally. Europe continues to be one of the most lucrative markets for fruit pectin, with two-fifth of global citrus penetration in 2018. The clean label and natural food trend is likely to provide an impetus to the growth of fruit pectin market in Europe.
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In addition to North America and Europe, demand for fruit pectin is also likely to gain ground in Asia Pacific. Many countries in Asia Pacific are witnessing the emergence of a strong middle class, which is ramping up demand for health and wellness products. Although the average awareness and spend on fruit pectin is relatively lesser in Asia Pacific, as compared the US and Europe, the high population is working to the advantage of manufacturers.
Segmentation
A detailed forecast on the citrus pectin market has also been offered by analysts, who have categorized market forecasts in terms of likely scenario, conservative scenario, and an optimistic scenario regarding production and sales of citrus pectin during the forecast period. The study also exerts details on aspects impacting pricing strategies of manufacturers of citrus pectin. Segmentation based on the most attractive sites of the citrus pectin market has been provided in the form of a table in the report.
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The research study profiles the business and product strategies of key players in the fruit pectin market. According to the research study, some of the leading players in the fruit pectin market include Cargill Inc., Danone S.A., Kellogg NA Co., Nestlé S.A., Danisco A/S, Devson Impex Pvt. Ltd., and B&V srl, CP Kelco, and Yantai Andre Pectin Co. Ltd
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/30/2008408/0/en/Demand-for-Ready-to-eat-Wet-Soup-to-Exhibit-5-6-CAGR-Through-2029-Availability-of-Non-vegetarian-Options-Attracting-Profits-Finds-a-Fact-MR-Study.html
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The article discusses the growing demand for modified citrus pectin as a palliative cancer treatment.
Citrus pectin is in demand due to its health benefits and the clean-label trend in the food industry.
Europe is a key market, with growing demand also seen in North America and Asia Pacific.
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