call Toll Free (US/Canada) : +1 866 658 6826 | call +1 425 320 4776 | call (UK) : +44 1865 60 0662 | email info(@)blueweaveconsulting.com
Home | About Us | Career | Services | Blog | Contact Us
Blueweave
Gcc Pectin Market
Inquire Before Buying Request for Sample

Gcc Pectin Market

Home Chemicals And Materials Gcc Pectin Market

SPECIAL OFFER : 25% Super Discount For All !

GCC Pectin Market, By Type (HM Pectin, LM Pectin); By Raw Materials (Citrus Fruit, Apple, Sugar Beet); By Function (Thickener, Stabilizer, Gelling Agent, Fat Replacer); By Application (Food & Beverages, Pharmaceuticals & Personal Care Products, Industrial Applications); By Country (Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman), Trend Analysis, Competitive Landscape & Forecast, 2022–2028

  • Published Date: January 2023
  • Report ID: BWC22561
  • Available Format: PDF
  • Page: 150

Report Overview

A growing focus on health and food security, increasing consumption of bread products, and increasing number of fast food chains and stores are projected to propel the expansion of GCC Pectin Market at a steady growth rate during the forecast period between 2022 and 2028.

GCC Pectin Market - Industry Trends & Forecast Report, 2028

GCC (Gulf Cooperation Council) Pectin Market size is expected to expand at a steady CAGR of 8.6% during the forecast period between 2022 and 2028. Major growth factors for GCC pectin market include increasing demand for processed and convenience food and growing consumes’ food preferences. Pectin is a crucial component in the formulation of numerous medicines in the pharmaceutical sector, and the growing popularity of functional foods among health-conscious consumers is increasing pectin demand in the GCC countries. Furthermore, the growing preference for low-calorie and low-fat products is driving up demand for pectin from food makers. Furthermore, spurring demand from the pharmaceutical and cosmeceutical sectors is likely to fuel pectin market expansion in the coming years. Additionally, increasing population, high disposable income, supply chain improvements, and rapid urbanization are expected to propel the expansion of GCC pectin market. Moreover, the increasing use of packaged products to minimize cooking time, improve shelf life, and enhance texture and color, as well as the multi-functionality of pectin, which leads to demand for innovative applications coupled with increasing R&D investments create profitable prospects for market participants during the period in analysis.

GCC Pectin Market

Growth Drivers

Increased application and functionality

One of the major growth factors driving the pectin market is the use of pectin as a thickening or jellying agent in the production of yogurt, jam, and jelly. It is also used in spreads, baked goods, confectioneries, and low-fat dairy products. Globally, the development of effective and advanced technologies, an increase in consumer awareness of functional foods, and a shift in consumer demand for low-calorie and low-fat food products are driving the application of pectin across the food sector.

Restraints

Excessive costs of research and development

The most common method for obtaining pectin from citrus fruit peels is alcohol precipitation. Since the production of citrus fruits is dependent on pectin, seasonal changes in raw material prices increase prices. Due to supply-and-demand imbalances, price volatility, and other variables, pectin costs more than its alternatives. Since pectin is expensive, consumers and end-user industries are opting hydrocolloids. The increased availability of gelatin, which has nutritional benefits, is projected to slow market development. Pectin substitutes with equivalent or better nutritional properties at competitive pricing provide a financially viable choice for end-user industries while restraining market growth.

Impact of COVID-19 on GCC Pectin Market

The COVID-19 pandemic had a detrimental effect on all industries around the world, affecting supply and demand. The pandemic halted import-export transactions and temporarily halted manufacture of many products such as processed foods, cosmetics, personal care, and others, resulting in a decline in demand for personal care products such as pectin. As a result, trade restrictions and labor constraints hampered the GCC pectin industry. The pandemic also had a substantial impact on consumer demand and food preferences. During the pandemic, consumers avoided purchasing non-essential items, reducing sales of pectin-based food products. The epidemic halted the market's expansion. However, the situation has improved since the epidemic, and the pectin market has rebounded. Because of the numerous advantages of pectin products, the pectin market is expected to expand rapidly.

GCC Pectin Market

Segmental Coverage

GCC Pectin Market - By Type

Based on type, GCC pectin market is bifurcated into HM Pectin and LM Pectin segments. The HM (high methoxyl) is expected to dominate the market due to its extensive usage in jams, jellies and fruit preserves. High methoxyl pectin is employed as a plant-based texturizer in various functional meals worldwide. To thicken the jam and jelly, high methoxyl pectin is utilized. Pectin with a high methoxyl content can gel with sugar and acid.

 

GCC Pectin Market

GCC Pectin Market – By Raw Materials

Based on raw materials, GCC pectin market is divided into Citrus Fruit, Apple, and Sugar Beet segments. The citrus fruit segment is expected to hold the highest market share during the period in analysis. Citrus fruits, notably lemons, oranges, and grapefruits, are the primary sources of natural pectin. Citrus pectin products are used to deliver innovative and varied flavor profiles in spices, sauces, and marinades. Additional applications include nutraceuticals, dietary supplements, pharmaceuticals, cosmetics, personal care goods, room deodorizers, and cleaning supplies. Citrus pectin is gaining popularity as an efficient addition in the GCC pectin industry. Modified citrus pectin (MCP) may be the best option for those wishing to supplement their citrus intake as a preventive health precaution. Furthermore, apple segment is expected to dominate the market in second place as it is utilized in food, beverages, cosmetics, personal care and pharmaceuticals. Several product innovations utilizing these natural, plant-based, and clean-label goods are expanding the usage of apple pectin in end-user sectors.

GCC Pectin Market Share

GCC Pectin Market – By Function

Based on function, GCC pectin market is segregated into Thickener, Stabilizer, Gelling Agent, and Fat Replacer segments.

GCC Pectin Market – By Application

Based on application, GCC pectin market is divided into Food & Beverages, Pharmaceuticals & Personal Care Products, and Industrial Application segments. The food and beverages segment is expected to hold the highest market share as it is utilized in candy and fruit applications (such as jams, jellies, and desserts). Improved texture, thickening, and taste of the product are major reasons driving the increase in demand for pectin, which is fueling the market expansion. The growing popularity of sauces, jams, and spreads also contributes to market expansion.

GCC Pectin Market - By Country

Geographically, GCC pectin market covers major countries: Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Kuwait, and Oman. The expansion of the thickeners segment for pectin has a major impact on both the expanding food business and the broader food retail market. Another key element driving the pectin market's overall expansion is the shift in consumer preference for thick ready-to-eat foods. Pectin product innovation is aimed primarily at the baking and confectionery industries due to the GCC’s increased per capita consumption. Even though gelatin is widely utilized, customers have been requesting vegan and kosher labels, which allow firms to innovate with naturally derived raw materials to meet consumer preferences. As a result of pectin's flexible regulation, producers' potential to make pectin-based food products may increase.

Competitive Landscape

Competition in GCC pectin market is high. Major companies in the market include Cargill, Incorporated, DuPont, Tate & Lyle, Ingredion Incorporated, Ashland, Naturex, LUCID COLLOIDS LTD., and DSM Andre Pectin. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, market initiatives, mergers and acquisitions, and other collaborative activities.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2018–2021

Base Year – 2021

Estimated Year – 2022

Forecast – 2022–2028

Facts Covered

Revenue in USD Billion

Market Coverage

Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman

Product/ Service Segmentation

Type, Raw Materials, Function, Application, Region

Key Players

Cargill, Incorporated, DuPont, Tate & Lyle, Ingredion Incorporated, Ashland, Naturex, LUCID COLLOIDS LTD., DSM Andre Pectin

 

 

By Type

  • HM Pectin

  • LM Pectin

By Raw Materials

  • Citrus Fruit

  • Apple

  • Sugar Beet

By Function

  • Thickener

  • Stabilizer

  • Gelling Agent

  • Fat Replacer

By Application

  • Food & Beverages

  • Pharmaceuticals & Personal Care Products

  • Industrial Applications

By Country

  • Saudi Arabia

  • UAE

  • Qatar

  • Bahrain

  • Kuwait

  • Oman

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. GCC Pectin Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing number of fast-food chains and stores
        2. Rise in bread products intake
        3. Awareness of health and food security
      2. Restraints
        1. Excessive cost of R&D
      3. Opportunities
        1. Changing consumer preferences
        2. Expansion of suppliers and distribution channels
      4. Challenges
        1. Strict government regulations related to additives and bakery products
        2. Volatility of raw material prices
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. GCC Pectin Market Overview
    1. Market Size & Forecast, 2018–2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
        1.  HM Pectin
        2. LM Pectin
      2. By Raw Materials
        1. Citrus Fruit
        2. Apple
        3. Sugar Beet
        4. Others
      3. By Function
        1. Thickener
        2. Stabilizer
        3. Gelling Agent
        4. Fat Replacer
        5. Others
      4. By Application
        1. Food & Beverages
        2. Pharmaceuticals & Personal Care Products
        3. Industrial Applications
      5. By Country 
        1. Bahrain
        2. Kuwait
        3. Oman
        4. Qatar
        5. Saudi Arabia
        6. United Arab Emirates
  5. Bahrain Pectin Market
      1. Market Size & Forecast, 2018–2028
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Raw Materials
      3. By Function
      4. By Application
  6. Kuwait Pectin Market
      1. Market Size & Forecast, 2018–2028
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Raw Materials
      3. By Function
      4. By Application
  7. Oman Pectin Market
      1. Market Size & Forecast, 2018–2028
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Raw Materials
      3. By Function
      4. By Application
  8. Qatar Pectin Market
      1. Market Size & Forecast, 2018–2028
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Raw Materials
      3. By Function
      4. By Application
  9. Saudi Arabia Pectin Market
      1. Market Size & Forecast, 2018–2028
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Raw Materials
      3. By Function
      4. By Application
  10. United Arab Emirates Pectin Market
      1. Market Size & Forecast, 2018–2028
      2. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Raw Materials
      3. By Function
      4. By Application
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. GCC Pectin Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, and others)
  12. Impact of Covid-19 on GCC Pectin Market
  13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Cargill, Incorporated
    2. DuPont
    3. Tate & Lyle
    4. Ingredion Incorporated
    5. Ashland
    6. Naturex
    7. LUCID COLLOIDS LTD.
    8. DSM Andre Pectin
    9. Other Prominent Players
  14. Key Strategic Recommendations
  15. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

 

*Financial in Functionating of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

 

 

List of Figures

Figure 1        GCC Pectin Market Segmentation

Figure 2        GCC Pectin Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        GCC Pectin Market Size, By Value (USD Million), 2018–2028

Figure 5        GCC Pectin Market Share, By Type, By Value, 2018–2028

Figure 6        GCC Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 7        GCC Pectin Market Share, By Function, By Value, 2018–2028

Figure 8        GCC Pectin Market Share, By Application, By Value, 2018–2028

Figure 9        GCC Pectin Market Share, By Country, By Value, 2018–2028

Figure 10       Bahrain Pectin Market Size, By Value (USD Million), 2018–2028

Figure 11       Bahrain Pectin Market Share, By Type, By Value, 2018–2028

Figure 12       Bahrain Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 13       Bahrain Pectin Market Share, By Function, By Value, 2018–2028

Figure 14       Bahrain Pectin Market Share, By Application, By Value, 2018–2028

Figure 15       Kuwait Pectin Market Size, By Value (USD Million), 2018–2028

Figure 16       Kuwait Pectin Market Share, By Type, By Value, 2018–2028

Figure 17       Kuwait Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 18       Kuwait Pectin Market Share, By Function, By Value, 2018–2028

Figure 19       Kuwait Pectin Market Share, By Application, By Value, 2018–2028

Figure 20       Oman Pectin Market Size, By Value (USD Million), 2018–2028

Figure 21       Oman Pectin Market Share, By Type, By Value, 2018–2028

Figure 22       Oman Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 23       Oman Pectin Market Share, By Function, By Value, 2018–2028

Figure 24       Oman Pectin Market Share, By Application, By Value, 2018–2028

Figure 25       Qatar Pectin Market Size, By Value (USD Million), 2018–2028

Figure 26       Qatar Pectin Market Share, By Type, By Value, 2018–2028

Figure 27       Qatar Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 28       Qatar Pectin Market Share, By Function, By Value, 2018–2028

Figure 29       Qatar Pectin Market Share, By Application, By Value, 2018–2028

Figure 30       Saudi Arabia Pectin Market Size, By Value (USD Million), 2018–2028

Figure 31       Saudi Arabia Pectin Market Share, By Type, By Value, 2018–2028

Figure 32       Saudi Arabia Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 33       Saudi Arabia Pectin Market Share, By Function, By Value, 2018–2028

Figure 34       Saudi Arabia Pectin Market Share, By Application, By Value, 2018–2028

Figure 35       United Arab Emirates Pectin Market Size, By Value (USD Million), 2018–2028

Figure 36       United Arab Emirates Pectin Market Share, By Type, By Value, 2018–2028

Figure 37       United Arab Emirates Pectin Market Share, By Raw Materials, By Value, 2018–2028

Figure 38       United Arab Emirates Pectin Market Share, By Function, By Value, 2018–2028

Figure 39       United Arab Emirates Pectin Market Share, By Application, By Value, 2018–2028

         

List of Figures         

         

Table 1         GCC Pectin Market Size, By Type, By Value, 2018–2028

Table 2         GCC Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 3         GCC Pectin Market Size, By Function, By Value, 2018–2028

Table 4         GCC Pectin Market Size, By Application, By Value, 2018–2029

Table 5         GCC Pectin Market Size, By Country, By Value, 2018–2028

Table 6         Bahrain Pectin Market Size, By Value (USD Million), 2018–2028

Table 7         Bahrain Pectin Market Size, By Type, By Value, 2018–2028

Table 8         Bahrain Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 9         Bahrain Pectin Market Size, By Function, By Value, 2018–2028

Table 10        Bahrain Pectin Market Size, By Application, By Value, 2018–2029

Table 11        Kuwait Pectin Market Size, By Value (USD Million), 2018–2028

Table 12        Kuwait Pectin Market Size, By Type, By Value, 2018–2028

Table 13        Kuwait Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 14        Kuwait Pectin Market Size, By Function, By Value, 2018–2028

Table 15        Kuwait Pectin Market Size, By Application, By Value, 2018–2029

Table 16        Oman Pectin Market Size, By Value (USD Million), 2018–2028

Table 17        Oman Pectin Market Size, By Type, By Value, 2018–2028

Table 18        Oman Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 19        Oman Pectin Market Size, By Function, By Value, 2018–2028

Table 20        Oman Pectin Market Size, By Application, By Value, 2018–2029

Table 21        Qatar Pectin Market Size, By Value (USD Million), 2018–2028

Table 22        Qatar Pectin Market Size, By Type, By Value, 2018–2028

Table 23        Qatar Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 24        Qatar Pectin Market Size, By Function, By Value, 2018–2028

Table 25        Qatar Pectin Market Size, By Application, By Value, 2018–2029

Table 26        Saudi Arabia Pectin Market Size, By Value (USD Million), 2018–2028

Table 27        Saudi Arabia Pectin Market Size, By Type, By Value, 2018–2028

Table 28        Saudi Arabia Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 29        Saudi Arabia Pectin Market Size, By Function, By Value, 2018–2028

Table 30        Saudi Arabia Pectin Market Size, By Application, By Value, 2018–2029

Table 31        United Arab Emirates Pectin Market Size, By Value (USD Million), 2018–2028

Table 32        United Arab Emirates Pectin Market Size, By Type, By Value, 2018–2028

Table 33        United Arab Emirates Pectin Market Size, By Raw Materials, By Value, 2018–2028

Table 34        United Arab Emirates Pectin Market Size, By Function, By Value, 2018–2028

Table 35        United Arab Emirates Pectin Market Size, By Application, By Value, 2018–2029

Table 36        Cargill, Incorporated Company Overview

Table 37        Cargill, Incorporated Financial Overview

Table 38        DuPont Company Overview

Table 39        DuPont Financial Overview

Table 40        Tate & Lyle Company Overview

Table 41        Tate & Lyle Financial Overview

Table 42        Ingredion Incorporated Company Overview

Table 43        Ingredion Incorporated Financial Overview

Table 44        Ashland Company Overview

Table 45        Ashland Financial Overview

Table 46        Naturex Company Overview

Table 47        Naturex Financial Overview

Table 48        LUCID COLLOIDS LTD. Company Overview

Table 49        LUCID COLLOIDS LTD. Financial Overview

Table 50        DSM Andre Pectin Company Overview

Table 51        DSM Andre Pectin Financial Overview

 

 

Market Segmentation

By Type

  • HM Pectin

  • LM Pectin

By Raw Materials

  • Citrus Fruit

  • Apple

  • Sugar Beet

By Function

  • Thickener

  • Stabilizer

  • Gelling Agent

  • Fat Replacer

By Application

  • Food & Beverages

  • Pharmaceuticals & Personal Care Products

  • Industrial Applications

By Country

  • Saudi Arabia

  • UAE

  • Qatar

  • Bahrain

  • Kuwait

  • Oman

No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe.

Frequently Asked Questions (FAQs):

Ans: GCC Pectin Market is projected to grow at a CAGR of 8.6% during the forecast period between 2022 and 2028.
Ans: Major factors driving the growth of GCC Pectin Market include increasing consumption of bread products, growing awareness of health and food security among consumers, and expanding fast food chains and stores.
Ans: Key players in GCC Pectin Market include Cargill, Incorporated, DuPont, Tate & Lyle, Ingredion Incorporated, Ashland, Naturex, LUCID COLLOIDS LTD., and DSM Andre Pectin.
Ans: The HM Pectin segment accounts for a higher market share in the GCC Pectin Market by type.