Pectin Powder Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031

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 ESOMAR-certified consulting firm Future Market Insights’ report on global pectin powder market is likely to surpass a million dollar mark by 2021, expanding at an impressive CAGR, as per its new published report.

Growing demand of high methoxyl powder within food & beverage industry attributing to its texturizing and gelling property is likely to steer the market in the forward direction. The market posted significant gains in the past backed by the increased consumption of pectin powder in the production of jams & jellies.

Rising preference for organic and natural food have prompted the manufacturers to increase the usage of pectin powder. Given the pectin’s nutrient profile, pectin and its derivatives are highly used in the production of jams and jellies. Also, advantages such as providing longer shelf life, vitamin-C rich and ability to improve product consistency & texture are driving the demand of pectin powder.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-13141

Furthermore, strict regulatory policies on the use of prohibited food ingredients such as phosphates, & carrageenan are increasing the use of pectin powder as a safer substitute. Additionally, rising preference for low fat and processed food with less preservatives is improving the demand of pectin powder.

Hence, food producers are increasing the usage of pectin more in beverages & food products due to its organic & natural quality. On the back of these factors, the global pectin powder market is poised to expand at 4.7% CAGR over the forecast period of 2021 and 2031.

Pectin Powder Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027 1

“Manufacturers are tilting towards the use of pectin powder in the production of non-alcoholic beverages and as a flavorless additive to improve the consistency of packaged food such as jams & jellies, a trend which is majorly influencing the pectin powder adoption,” says the FMI analyst

Key Takeaways

  • High methoxyl pectin powder is expected to hold over 55.5% market share through 2021
  • In terms of end-user, food & beverage industry is accounted for 76.8% of market share in terms of value through 2021
  • The U.S. is expected to hold the largest market share and is slated to increase at over 3.7% CAGR through 2031
  • India is poised to register excellent growth of 9.7% CAGR on the back of recent supply chain developments within food & beverage industry
  • Increased usage of pectin powder in Brazil as a key ingredient in jams & fruits spread is spurring the sales
  • Countries such as U.K., China, France and Germany are expected to witness high demand of pectin powder from food & beverage industry

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