The global pectin market is anticipated to grow at a CAGR of 6.2% during the forecast period (2022-2028). Owing to the increasing aging population with diseases such as blood cholesterol and gastrointestinal disorders is propelling the global pectin market. Pectin has anti-ageing properties and slow degeneration properties for skin and hair. Owing to this, it is used in several cosmetics creams and lotions. According to the World Health Organization (WHO) data, around 9% of the world population is aged 65 years or more, which boosts the market and according to the Centers for Disease Control and Prevention (CDC), around 38% of American adults have high cholesterol, thus, pectin can be used to normalize the blood cholesterol levels, which further boost the market growth. Companies are focusing on new launches, mergers and acquisitions, and partnerships and collaborations, to remain in the competition.
Get Free Sample link @ https://www.omrglobal.com/request-sample/pectin-market
COVID-19 pandemic had an extreme impact on almost all sectors across the globe disrupting supply and demand in the business. The pandemic stopped import-export dealings and temporarily stopped the production of various products such as processed foods, cosmetics, personal care, and others which caused a decrease in demand for products used in personal care products, such as pectin. Therefore, trade restrictions and labor shortages impacted the pectin market across the globe.
A full report of Pectin Market available @ https://www.omrglobal.com/industry-reports/pectin-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Pectin Market Report by Segment
By Type
- HM Pectin
- LM Pectin
By Source
- Citrus Fruit
- Apple
- Sugar Beet
By Application
- Beauty and Personal Care
- Food and Beverages
- Pharmaceuticals
Global Pectin Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pectin market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/pectin-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
