In recent times, the pectin market is remarkably developing since the related sectors depend on it for their own growth. Focusing on this potential, a new study has been included in the vast online repository of Market Research Report Search Engine (MRRSE), with title “Pectin Market: Global Industry Analysis and Opportunity Assessment, 2016-2026‘’. The report aims to present a conclusive analysis of the key factors such as growth estimations, key players and trends for the forecast period till 2026.
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According to this report, the beverages segment is expected to increase at a CAGR of 4.8% over the forecast period to reach more than US$ 100 Million by the end of 2021. The segment is projected to be valued a little over US$ 130 Million by the end of 2026.
Currently, the pectin market is portraying remarkable progress since new innovation to include healthful drinks reflecting the consumers’ present trends. The study begins with the market introduction together with the synopsis of the market definition and market taxonomy, market analysis scenario and pricing analysis. The price projections in each region, market size in terms of value and volume together with the forecast are all furnished in this study. The products evaluated in this synopsis are high methoxyl (HM) pectin, low methoxyl (HM) pectin, amidated (LMA) and non-amidated (LMC). Considering the applications, the market is split as jams & jellies, beverages, bakery fillings & toppings, dairy products & frozen desserts, confectionery, meat & poultry products, dietary supplements, functional food, pharmaceutical, personal care & cosmetics and others.
Another important facet of this study is the regional analysis of the market which includes regions such as Western Europe, North America and Latin America. The countries targeted in the report are Brazil, Mexico, Argentina, France, Germany, Canada and the U.S. Similarly, the market attractiveness is analyzed in terms of country, product type as well as application, prominent trends and drivers together with the restraints.
Additionally, the key data such as the beverages segment estimating to increase by US$ 3.6 Million in 2017 comparing 2016, to reach a value of US$ 53.6 Million between 2015 and 2026. The report also contains the chain analysis, together with the data on the value chain, manufacturers, and distributors together with the retailers as well as end users.
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