The low methoxyl pectin market has been growing steadily over the past few years. Low methoxyl pectin is a type of pectin that is extracted from citrus fruits or fruit peels. It is widely used as a thickening and gelling agent in products like jams, jellies, confectionery, bakery products and beverages. Low methoxyl pectin helps set solid gels with lower levels of sugar and acid than conventional high methoxyl pectin. It also aids in oil and sugar reduction in various food products. The increasing demand for low-sugar, healthy convenience foods has prompted manufacturers to use low methoxyl pectin.
The Global low methoxyl pectin market is estimated to be valued at US$ 538.1 Mn in 2024 and is expected to exhibit a CAGR of 7.6% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the low methoxyl pectin market are Gino Gums, Qingdao Twell Sansino Import & Export Co., Ltd., Henan Chemsino Industry Co., Ltd., Hefei Senotech New Materials Co., Ltd., Yugen Chemicals Pvt. Ltd., Gum Stabilizer, Cargill, Inc., DuPont Nutrition & Biosciences, CP Kelco, Kraft Foods, FMC Corporation, Süd-Chemie AG, Naturex (Givaudan), Pectin Products Ltd., Pectins & Gums, Sichuan Jinyu Pectin Co., Ltd., Zhejiang Yixin Pectin Co., Ltd., Hangzhou Fuyang Tianhe Pectin Co., Ltd., and Shandong Hualu Hengsheng Chemical Co., Ltd.
The demand for low methoxyl pectin is growing due to the increasing health awareness and need for sugar reduction among consumers. Manufacturers are discovering innovative uses of low methoxyl pectin in various food products.
The Low Methoxyl Pectin Market Size is expanding globally with companies focusing on geographic expansion and product development. New product launches catering to regional tastes and preferences are driving further growth.
Market Drivers
Rising demand for convenience foods is a key factor driving the low methoxyl pectin market. With consumers becoming increasingly busy, there is growing demand for convenient packaged foods that can be prepared with minimal effort. Low methoxyl pectin helps manufacturers create gelled or thickened packaged foods with reduced sugar content. This aligns well with the health and wellness trends and further boosts the market.
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