Pectin, a soluble gelatinous polysaccharide, is extracted from citrus fruits and is primarily consumed in the food and pharma industries. During the first half of the year 2024, the prices showcased a mixed trend depending upon regional supply and demand dynamics. At the beginning of the year, prices were steady in the Asian markets in the early first quarter. As the quarter progressed, the prices turned southwards because of a combination of many factors like high inventories, reduced downstream demand, and cautious procurement. A slight recovery was seen at the shift of quarters.
The supply was adversely affected in many parts in the second quarter. The climatic effects reduced the yield and compromised the quality of raw materials and source agriculture commodities. This made the extraction of Pectin difficult as the availability of feedstocks was lowered. Apart from this, citrus production faced another challenge because of the Huanglongbing (HLB) disease. During the said period it affected the plantations in the U.S.A., Brazil, and China.
The plants affected by the disease showed poor juice quality, reduced fruit size, and tree mortality. This all affected the supply of citrus fruits, which in turn affected the production of Pectin. Additionally, high freight charges and limited product availability disrupted the supply of the commodity. Geopolitical issues such as the Israel-Gaza war and the Red Sea crisis added to the logistical challenges. Therefore, some price inclines for pectin were seen in Asia and the USA at the beginning and end of the second quarter. However, the general market trend remained buoyant for the most part.
Analyst Insight
According to Procurement Resource, pectin prices are likely to fluctuate within very narrow limits in the upcoming quarter as well, since the demands are not projecting much change, and the supply outlook also appears stable.
Procurement Resource provides latest prices of Pectin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
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Pectin is a natural polysaccharide found in the cell walls of fruits and vegetables, playing a crucial role in maintaining their structure. It is commonly used as a gelling agent in food production, particularly in jams, jellies, and fruit preserves, due to its ability to form a gel when combined with sugar and acid. Pectin is also valued for its health benefits, as it can aid digestion, lower cholesterol levels, and stabilize blood sugar. Additionally, it is often used in dietary supplements for its prebiotic properties.
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Food Industry (thickening and gelling agent), Confectionery (jams and jellies), Dairy Products (yogurts and desserts), Beverages (fruit juices and smoothies), Bakery Products (glazes and fillings), Nutraceuticals (dietary supplements), Pharmaceuticals (stabilizer and excipient), Cosmetics (emulsifier and thickener)
Cargill Incorporated, Royal DSM, Herbstreith and Fox Corporate Group, International Flavors & Fragrances, JM Huber Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Pectin Production by acid extraction method. The preparation of pectin, an organic compound, is carried out by the acid extraction method. In this process, raw materials such as apple pomace and citrus peels are treated within an acidic medium. Acids such as sulfuric acid or hydrochloric acid are used to extract the resultant from the organic wastes in the form of precipitates and later filtered to obtain pectin as the final product.
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