SAN FRANCISCO, March 22, 2017 /PRNewswire/ --
The global pectin market is expected to reach USD 1.9 billion by 2025, according to a new report by Grand View Research, Inc. The rising demand for the consumption of the natural & organic product, owing to various health benefits related to it, is expected to surge the demand for pectin globally.
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Major raw materials used for the production of pectin are apple and dried citrus peel. Pectin is regarded as a safe food substance through various government food agencies. Its usage and composition are regulated under food additive law by various countries. It has also been considered as an Acceptable daily intake (ADI) by the various scientific committee for Food such as FAO, WHO, & JECFA, and is listed on that basis in the Codex General Standard for Food Additives.
The major business players in the industry invest extensively in R&D in order to develop their product portfolio with superior product properties to meet the growing industry demand. Herbstreith & Fox is one such pectin manufacturer, engaged in research activities and product development. Numerous participants also incorporate third-party R&D companies to gain a competitive advantage.
Browse full research report with TOC on "Pectin Market Analysis By Sources (Thickener, Stabilizer, Gelling Agent, Fat Replacer), By Application (Food & Beverage, Pharmaceuticals, Bakery, Dairy Products), Competitive Landscape, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/pectin-market
Further key findings from the report suggest:
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Grand View Research has segmented the pectin market on the basis of function, application, and region:
Read Our Blog: Pectin Market Insights: Increasing consumption of protein fibers
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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