“GCC Pectin Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the GCC pectin market based on its segments including type, end use and region. The report comprises the latest trends in the industry and studies their impact on the overall market. It also evaluates the market dynamics by covering the critical demand and price indicators and analyzing the market in accordance with the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Pectin (C6H10O7) is a plant-based soluble fiber compound derived from the cell walls of various fruits and vegetables, including apple, sugar beet, apricot, orange, carrot, etc. It is a rich source of phytochemicals, potassium, folic acid, etc., which helps in digestion, lowers cholesterol, supports gut health, boosts immunity, and prevents gastroesophageal reflux disease (GERD). Pectin is also utilized as a thickener, stabilizer, water binder, etc. As a result, it finds wide-ranging applications across several sectors, such as food and beverage (F&B), pharmaceutical, personal care, etc.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
GCC Pectin Industry Trends and Drivers:
The widespread adoption of pectin as a gelling agent to thicken the consistency of several fruit-based products, such as jams, jellies, marmalades, etc., is one of the primary factors driving the GCC pectin market. Besides this, the escalating utilization of pectin variants with low-sugar and low-pH formulations to offer high viscosity, creamy texture, improved flavor, etc., in dairy-alternative beverages is also bolstering the regional market. Moreover, the growing demand for pectin in the pharmaceutical and personal care industries owing to its vitamin C, folic acid, and potassium content is acting as another significant growth-inducing factor. In addition to this, the rising investments in R&D activities, which are aimed at developing various advanced methods for improving the fiber extraction processes, are expected to propel the GCC pectin market in the coming years.
GCC Pectin Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the GCC pectin industry with the leading players profiled in the report.
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