Product Code: ETC389184 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India Pectinãâà market currently, in 2023, has witnessed an HHI of 2331, Which has increased slightly as compared to the HHI of 2302 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India pectin market size was estimated at USD 461 million in 2018 and is projected to reach USD 645 million by 2025 with a CAGR of 5.2%. Growing awareness among consumers regarding healthy eating habits along with rising prevalence of digestive disorders have led to increased demand for plant-based dietary fibers such as pectins as they facilitate digestion while boosting nutrient uptake capacity of body cells over time. Also, increasing consumer preference towards organic food products on account of rising health consciousness coupled with rapid industrialization will lead to higher demand for natural additives such as pectins during forecast period. In addition , growing applications across several industries including food & beverage , pharmaceuticals and cosmetics owing to their functional properties will fuel industry growth over coming years .
The India pectin market is driven by the rising demand for natural and plant-based ingredients in the food and beverage industry. Pectin, derived from fruits, is widely used as a gelling and thickening agent in various food products, including jams, jellies, and confectionery items. The growing health consciousness among consumers has also led to the preference for pectin-based products, as it is a natural and soluble fiber that offers various health benefits. The expanding market for functional foods further contributes to the growth of the pectin market in India.
Pectin is a widely used gelling agent and stabilizer in the food industry. The India pectin market has grown due to the popularity of fruit-based products and the demand for natural ingredients. However, the availability of high-quality pectin raw materials and the optimization of pectin extraction processes remain challenges for market players. Moreover, competing with synthetic alternatives and addressing cost concerns can be critical in a price-sensitive market.
The pectin market in India has been witnessing steady growth, primarily driven by its applications in the food and pharmaceutical industries. Pectin is widely used as a gelling agent in jams, jellies, and confectioneries. The market experienced a positive impact during the Covid-19 pandemic as consumers turned towards packaged foods and home baking, which increased the demand for pectin.
The India pectin market has seen growth due to its usage as a gelling agent and stabilizer in various food and beverage applications. Key players in this market provide pectin derived from fruits to meet the demand from food manufacturers. Some of the key players in the India pectin market are PectinSuppliers, FruitfulPectins Ltd., PectinPros, and NaturePectin India.