Citrus Pectin Market Global Industry Overview and Growth Prospects
Global Industry Overview and Growth Prospects The global citrus pectin market is witnessing significant growth prospects driven by the increasing demand for natural and functional ingredients in various industries. Citrus pectin, derived from citrus fruits, finds extensive applications in food and beverage, pharmaceuticals, cosmetics, and other sectors due to its gelling, thickening, and stabilizing properties. Citrus Pectin is a soluble fiber extracted from the peel and pulp of citrus fruits such as oranges, lemons, and grapefruits. It is widely used as a gelling agent, thickener, stabilizer, and dietary fiber in various food and pharmaceutical applications. The global citrus pectin market is forecast to expand at a CAGR of 5.0% and thereby increase from a value of US$116.8 Bn in 2023, to US164.3 Bnby the end of 2030. The increasing demand for natural and plant-based ingredients in food products, coupled with the rising awareness of the health benefits of dietary fibers, is driving