Citrus Pectin Market Growth Accelerated by Demand from Food and Beverage Industry
Citrus pectin is a dietary fiber extracted from the peel of citrus fruits like oranges and lemons. It is widely used in food and beverage processing as a gelling agent and stabilizer. Citrus pectin helps maintain the consistency of jams, jellies and fillings by forming a gel when added to sugar or acid. It is also used in dairy products, bakery goods, pharmaceuticals and cosmetics due to its ability to stabilize emulsions. With increasing health consciousness, citrus pectin has gained popularity as a low-calorie and low-fat alternative to traditional thickeners. The global Citrus Pectin Market is estimated to be valued at US$ 580.6 million in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand from the food and beverage industry has been a key growth driver for the citrus pectin market . Pectin is widely used as a stabilizer and thickener in various a