Global Fruit Pectin – Trends and Forecast till 2022

Published On: February 2018

Healthy CAGR- identified to be a key driving factor

Vital application of pectin as a thickener and binder for jams and jellies have prompted increased sale of fruit pectin on a global platform. Fruit pectin is one such product which has gained its popularity as an essential by-product extracted from fruit peel. Fruit pectin is isolated majorly from the peel of citrus fruits, sunflower infructescence, sugar beet chips and pomace. The product is now widely being used as a stabilizer as well as a thicker in wide range of food products. Based on the research conducted by Market Research Future on “Fruit Pectin Market Research Report - Global Forecast To 2022” the market for fruit pectin is expected to reach a staggering USD 1,582 million by 2022, growing at a CAGR of greater than 8%. Fruit pectin is also used widely in healthcare and personal care products. 

Fruit pectin has application majorly in preparation of desserts, bakery fillings and toppings, confectionery and others. Food and beverage sector holds majority of the share when it comes to fruit pectin market. Established players in the industries are focusing more on increasing their production capacity based on the never ending demand for the product from various sectors. Process improvisation is another key area of focus which the manufacturers emphasize on. 

Current scenario tends to act in favor of fruit pectin market

Application of pectin in personal care industry is experiencing a surge based on which is the market for fruit pectin is witnessing a boost. Rising demand for natural products in cosmetics have added fuel to the fruit pectin market. Fruit pectin is identified to have vital application in hair tonics, body lotions, shampoos and conditioners. Escalation in the cosmetics industries is one of the major drivers for the sale of fruit pectin in personal care industries. Furthermore, the application of fruit pectin is not only restricted to foods and personal care products, it reaches out till healthcare sector where the market looks lucrative as well.

Based on the two major forms available in fruit pectin, dry fruit pectin holds the lion’s share. Consumers look for a product with high shelf-life and hence dry form suffice their needs fully. The market share of dry pectin is high owning to the high shelf-life of the product and easy transport property. Liquid form of fruit pectin is observed to be gaining popularity at a gradual pace based on the convenience usage property. Also, liquid pectin is needed in lesser quantity in food products as compared to dry/powdered pectin. Based on this property, the market demand has increased even to a greater level.

Fruit pectin: Major Hindrances Noted

Food adulteration and stringent quality control are two major restraints to the fruit pectin market. Based on the end-use application of fruit pectin, quality control measures are set. The final product must meet the specific requirement in order to be qualified as the desired product. Environmental pollution is also a challenge to fruit pectin market. Every year, the producers of fruit juices discard large quantities of peels which has to quickly go into processing or else they cause severe environmental pollution.

Significant Market Analysis

Fruit pectin is has its dominance in the Europe. Consumers have high demand for food commodities in which fruit pectin goes as one of the key ingredients. The product also has a large market in the U.S., China and Japan. High demand for fruit juices and food products with pectin has assured the high growth of fruit pectin market in these countries. Availability of a wide range of products in personal care markets which needs pectin as a stabilizer has also given a boost to this market. Application of pectin in shower gels, ointments and lotions have added fuel to the market of fruit pectin in the personal care and healthcare sectors.

Technological advancements and high investments by the manufacturers in R&D sector has led to several innovations in the fruit pectin product-line. Increasing disposable income in addition to change in consumer’s food consumption trends have added fuel to the growth of this market. However, market has the potential to expand even more if measures are taken to increase the shelf-life and convenience usage property in various industries. Additionally, efficient and low cost methods should be identified by finding new techniques to isolate and purify the end products. Improved characterization will help in providing the consumers quality product which would further increasing the market share of fruit pectin on a global level.