Latin America Pectin Market is expected to be worth USD 0.11 million in 2024 at a CAGR of 8.02%, to achieve USD 0.17 million by 2029. Pectin is a gelling agent derived from terrestrial plants.
Pectin is a structural heteropolysaccharide found in terrestrial plant cell walls. It is produced commercially as a white to light brown powder, mainly extracted from citrus fruits, and is used in food as a gelling agent, particularly in jams and jellies. It is also used in dessert fillings, medicines, sweets, as a stabilizer in fruit juices and milk drinks, and as a source of dietary fiber. Factors contributing to the growth of market include growing awareness regarding the health benefits offered by functional foods, multi-functionality of pectin and its extensive use in jams and jellies, and diary food products. However, expensive raw material costs, ethical concerns regarding extraction of animal pectin and stringent regulatory systems are the factors hindering the growth of market.
This Research Report on Latin America Pectin Market is segmented, and sub segmented into following categories:
Latin America Pectin Market – By Source:
Latin America Pectin Market - By Application:
Latin America Pectin Market - By Function:
Latin America Pectin Market – By Product:
Latin America Pectin Market – By Region:
Brazil holds the major share in the market due to the presence of market leaders as well as the presence of a well-developed food industry. Argentina is the fastest growing region due to increasing demand for dairy products and functional foods, product innovation and increasing adoption rate. Based on the source Plant, pectin holds the major market share due to its easy extraction process and abundance. Based on Application, Dairy Products and Frozen Desserts hold the major share in the market followed by jams and jellies as these are the key components and used as stabilizers. Functional Foods application is expected to grow the fastest due to increasing popularity and awareness regarding a healthy diet.
KEY MARKET PLAYERS
Key market players of Latin America Pectin Market are Ashland Speciality Ingredients, ADM Corn Processing, Dantsco A/S, Fiberstar Inc, Polygal AG, Royal DSM Polymer Intermediates, Tate & Lyle Speciality Food Ingredients, Cargill Incorporated, E.I, du Pont de Nemours and Company (DuPont), Herbstreith & Fox Corporate group.
Frequently Asked Questions
Pectin is a natural carbohydrate found in fruits, particularly citrus fruits, and is commonly used as a gelling agent, thickener, and stabilizer in food and beverage products. In Latin America, it is utilized in a variety of applications, including jams, jellies, fruit-based beverages, and confectionery
Citrus fruits, such as oranges, lemons, and limes, are the primary sources of pectin in Latin America. Pectin is extracted from the peels, pomace, and other by-products of citrus fruit processing, making it a valuable ingredient in the region's food industry
Pectin is available in various grades, including high methoxyl (HM) pectin and low methoxyl (LM) pectin. HM pectin is suitable for products requiring a firm gel, such as jams and jellies, while LM pectin is used in applications where a softer gel or thickening agent is desired, such as dairy and fruit preparations.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1200
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region