Pectins are the carbohydrates and fibers extracted from the fruits, vegetables, and seeds found in all primary cell walls of all seed bearing plants. The pectins are also used in the medical industry, due to its properties of thickening and stabilizing, absorbing moisture, increasing volume, thus being able to increase the shelf-life of products. Owing to its properties, pectins are added to medicines, baked goods, and dairy product.
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Pectin Market Outlook –
Europe is the largest market in the world for pectin, due to its high availability of consumers.
Asia Pacific is the second largest market of pectin in the world, owing to the increasing population and increasing incidence of diseases amongst the population in this region.
North America is the major importer of pectin, whereas Mexico is the largest exporter of pectin. The trade agreement NAFTA makes the U.S. an attractive market for Mexican manufactured pectin.
Latin America and the Middle East, have low consumption of pectin due to the lack of knowledge among people in these regions.
The demand for pectins in convenience foods, is increasing day by day due to its beneficial properties. Also, the increasing growth of pectins in dietary foods is expected to increase in demand, during forecast period. Nowadays, pectins are majorly being used in treatments of diseases like diabetes, cancer, diarrhea, etc. For this reason pectins are in focus on expanding production. Also, rising demand for medical and cosmetic products, is expected to cause an increasing demand for pectin in the forecast period.
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