NEW YORK, June 24, 2021 /PRNewswire/ -- The pectin market
is expected to grow by USD 546.05
million during 2021-2025, according to Technavio. The report
offers a detailed analysis of the impact of the COVID-19 pandemic
on the pectin market in optimistic, probable, and pessimistic
forecast scenarios.
Request a free sample report
here: www.technavio.com/talk-to-us?report=IRTNTR70594
The pectin market will witness a neutral impact during the
forecast period owing to the widespread growth of the COVID-19
pandemic. As per Technavio's pandemic-focused market research,
market growth is likely to increase in 2021 as compared to
2020.
With the continuing spread of the coronavirus pandemic,
organizations across the globe are gradually flattening their
recessionary curve by leveraging technology. Many businesses will
go through response, recovery, and renewal phases. Building
business resilience and enabling agility will aid organizations to
move forward in their journey out of the COVID-19 crisis towards
the Next Normal.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand
destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets
as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Pectin Market Participants:
Cargill Inc.
The company offers pectin used in diverse applications such as
jams, jellies, yogurt, acid dairy drinks, and confectionery.
CEAMSA
The company offers pectin products such as GENU Pectin
YM-FP-2100, GENU Pectin, GENU Explorer Pectin, GENU pHresh Pectin,
and others.
CP Kelco US Inc.
The company offers pectin that is used in the preparation of
homemade jams and jellies, and it remains today a staple ingredient
found in kitchen cupboards all over the world.
Pectin Market 2021-2025: Segmentation
Pectin market is segmented as below:
- Application
-
- JFB
- Dairy Products
- Confectionery Products
- Beverages
- Others
- Geography
-
- Europe
- North America
- APAC
- MEA
- South America
The pectin market is driven by the rising demand in the food and
beverage industry owing to functional properties. In addition, the
growing usage of pectin as dietary fiber is expected to trigger the
pectin market toward witnessing a CAGR of almost 8% during the
forecast period.
Request Free Sample to gain more insights
into the global trends impacting the pectin market:
https://www.technavio.com/talk-to-us?report=IRTNTR70594
Related Reports on Materials Include:
Global Cellulose Acetate Market - Global
cellulose acetate market is segmented by Type (Fiber and
Plastics), Geography (APAC, North
America, Europe, MEA, and
South America), and Application
(Filtration, Electronics, Textile and consumer goods, Packaging,
and Others).
Request a Free Sample Report
Global Paper Cups and Containers Market -
Global paper cups and containers market is segmented
by geography (APAC, Europe,
North America, South America, and MEA).
Request a Free Sample Report
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Report:
www.technavio.com/report/pectin-market-industry-analysis
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SOURCE Technavio