Lucintel Forecasts the Global Pectin Market is expected to grow with a CAGR of 6.3% from 2024 to 203

According to a market report by Lucintel, the future of the global pectin market looks promising with opportunities in the food & beverage, pharmaceutical & personal care product, and industrial application markets. The global pectin market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increase in the demand for high-quality food and beverage products, growing usage of this substrate in pharmaceutical products, and rise in vegan and vegetarian population.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in pectin market to 2030 by type (HM pectin and LM pectin), application (food & beverage and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, HM pectin & LM pectin are the major segments of pectin market by type. Lucintel forecasts that hm pectin is expected to witness the higher growth.
Within this market, food & beverage is expected to witness the higher growth.
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North America is expected to witness highest growth.
DowDupont, Cargill, Ingredion, CP Kelco, Tate & Lyle, Koninklijke DSM, Naturex, Lucid Colloids, Silvateam, and Herbstreith & Fox are the major suppliers in the pectin market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com