GCC Pectin Market Overview:
The GCC pectin market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Pectin (C6H10O7) is a naturally occurring polysaccharide starch found in the cell walls and intercellular tissues of fruits and vegetables. It is primarily produced from apples, carrots, cherries, quince, plums, and the peel and pulp of various citrus fruits. Pectin manufacturing involves multiple steps, including extraction by hydrolysis, filtrations, clarification, precipitation, and purification. It is widely used to prepare confectionery, drugs, textiles, and personal care products. Pectin is a vegan product that improves blood sugar levels, promotes a healthy weight, and treats gastrointestinal disorders. As a result, it finds extensive application across the food and beverage (F&B), pharmaceuticals, cosmetics, and textile industries.
The rising product utilization in the F&B industry is one of the primary factors driving the market growth in GCC. Pectin is widely used as an emulsifier, gelling, stabilizer, and thickening agent in various food products, such as jams, jellies, yogurt, fruit juices, frozen food, milk drinks, marmalades, baking products, and gummy candies. In addition to this, the widespread product adoption in low-calorie food items as a fat and sugar replacer is acting as another growth-inducing factor. Furthermore, the extensive utilization of pectin in processed and convenience food products to increase shelf-life, reduce cooking time, improve texture, and maintain a low pH balance is favoring the market growth. Apart from this, significant investments by several regional governments toward establishing advanced food processing facilities and promoting tech-driven food companies are propelling the market growth. Additionally, the recent development of microwave- and ultrasound-based methods to extract pectin from food processing by-products, which, in turn, promotes waste recycling, improves resource efficiency, and provides high yield, is positively influencing the market growth. Moreover, the rising product adoption in the pharmaceutical industry for drug delivery, wound healing, gene delivery, and cancer treatment is providing an impetus to the market growth. Other factors, including increasing consumer awareness regarding various product benefits, easy product availability across several e-commerce platforms, and rising incorporation of pectin in cosmetics, are anticipated to drive the market growth.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC pectin market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC pectin market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC pectin market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC pectin market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC pectin market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC pectin market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC pectin market industry. Furthermore, the value chain analysis of the GCC pectin market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC Pectin Market Segment Insights:
The GCC pectin market has been analysed as followed:
Segmentation by Raw Materials:
Segmentation by End Use:
Segmentation by Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Highlights of the GCC Pectin Market Report:
Report Customisation:
The GCC pectin market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.
1 Introduction
1.1 Research Objectives
1.2 Stakeholders
1.3 Scope of the Report
1.4 Assumptions and Limitations
2 Research Methodology
2.1 Data Collection
2.1.1 Primary Sources
2.1.2 Secondary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Validation
3 Executive Summary
4 Global Pectin Industry
4.1 Historical Market Trend
4.2 Market Segmentation by Region
4.3 Impact of COVID-19
4.4 Market Outlook
5 GCC Pectin Market
5.1 Industry Overview
5.2 Key Industry Developments
5.3 Market Trends
5.3.1 Key Market Indicators
5.3.2 Historical Market Trends
5.3.3 Impact of COVID-19
5.3.4 Market Outlook
6 GCC Pectin Market Segmentation by Country
6.1 Saudi Arabia
6.1.1 Historical Market Trends
6.1.2 Market Outlook
6.2 United Arab Emirates
6.2.1 Historical Market Trends
6.2.2 Market Outlook
6.3 Qatar
6.3.1 Historical Market Trends
6.3.2 Market Outlook
6.4 Kuwait
6.4.1 Historical Market Trends
6.4.2 Market Outlook
6.5 Oman
6.5.1 Historical Market Trends
6.5.2 Market Outlook
6.6 Bahrain
6.6.1 Historical Market Trends
6.6.2 Market Outlook
7 GCC Pectin Market Segmentation by Raw Materials
7.1 Citrus Peel
7.1.1 Historical Market Trends
7.1.2 Market Outlook
7.2 Apple Peel
7.2.1 Historical Market Trends
7.2.2 Market Outlook
7.3 Others
7.3.1 Historical Market Trends
7.3.2 Market Outlook
8 GCC Pectin Market Segmentation by End Use
8.1 Jams and Preserves
8.1.1 Historical Market Trends
8.1.2 Market Outlook
8.2 Drinkable and Spoonable Yoghurt
8.2.1 Historical Market Trends
8.2.2 Market Outlook
8.3 Bakery and Confectionary
8.3.1 Historical Market Trends
8.3.2 Market Outlook
8.4 Fruit Beverages
8.1.1 Historical Market Trends
8.1.2 Market Outlook
8.5 Other Milk Drinks
8.2.1 Historical Market Trends
8.2.2 Market Outlook
8.6 Others
8.3.1 Historical Market Trends
8.3.2 Market Outlook
9 GCC Pectin Industry: Market Dynamics
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 GCC Pectin Industry: Value Chain Analysis
10.1 Overview
10.2 Research and Development
10.3 Raw Material Suppliers
10.4 Inbound Logistics
10.5 Production
10.6 Marketing
10.7 Outbound Logistics
10.8 Consumers
11 GCC Pectin Industry: Porter’s Five Forces Analysis
11.1 Overview
11.2 Threat of New Entrants
11.3 Threat of Substitutes
11.4 Bargaining Power of Buyers
11.5 Bargaining Power of Suppliers
11.6 Intensity of Rivalry
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Key Success Factors
13 Key Player Profiles
List of Figures
Figure 1: Global: Pectin Industry: Sales Value (in Billion US$), 2017-2022
Figure 2: Global: Pectin Industry: Segmentation by Region (in %), 2022
Figure 3: Global: Pectin Industry Outlook: Sales Value (in Billion US$), 2023-2028
Figure 4: GCC: Pectin Market: Sales Value (in Billion US$), 2017-2022
Figure 5: GCC: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 6: GCC: Pectin Market: Segmentation by Country (in %), 2022
Figure 7: GCC: Pectin Market: Segmentation by Raw Material (in %), 2022
Figure 8: GCC: Pectin Market: Segmentation by End Use (in %), 2022
Figure 9: Saudi Arabia: Pectin Market: Sales Value (in Billion US$), 2017 & 2022
Figure 10: Saudi Arabia: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 11: United Arab Emirates: Pectin Market: Sales Value (in Billion US$), 2017 & 2022
Figure 12: United Arab Emirates: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 13: Qatar: Pectin Market: Sales Value (in Billion US$), 2017 & 2022
Figure 14: Qatar: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 15: Kuwait: Pectin Market: Sales Value (in Billion US$), 2017 & 2022
Figure 16: Kuwait: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 17: Oman: Pectin Market: Sales Value (in Billion US$), 2017 & 2022
Figure 18: Oman: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 19: Bahrain: Pectin Market: Sales Value (in Billion US$), 2017 & 2022
Figure 20: Bahrain: Pectin Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 21: GCC: Pectin (Citrus Peel) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 22: GCC: Pectin (Citrus Peel) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 23: GCC: Pectin (Apple Peel) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 24: GCC: Pectin (Apple Peel) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 25: GCC: Pectin (Others) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 26: GCC: Pectin (Others) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 27: GCC: Pectin (Jams and Preserves) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 28: GCC: Pectin (Jams and Preserves) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 29: GCC: Pectin (Drinkable and Spoonable Yoghurt) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 30: GCC: Pectin (Drinkable and Spoonable Yoghurt) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 31: GCC: Pectin (Bakery and Confectionary) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 32: GCC: Pectin (Bakery and Confectionary) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 33: GCC: Pectin (Fruit Beverages) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 34: GCC: Pectin (Fruit Beverages) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 35: GCC: Pectin (Other Milk Drinks) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 36: GCC: Pectin (Other Milk Drinks) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 37: GCC: Pectin (Others) Market: Sales Value (in Billion US$), 2017 & 2022
Figure 38: GCC: Pectin (Others) Market Outlook: Sales Value (in Billion US$), 2023-2028
Figure 39: GCC: Pectin Industry: Market Dynamics
Figure 40: GCC: Pectin Industry: Value Chain Analysis
Figure 41: GCC: Pectin Market: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Pectin Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Pectin Market Outlook: Segmentation by Country (in Million US$), 2023-2028
Table 3: GCC: Pectin Market Outlook: Segmentation by Raw Material (in Million US$), 2023-2028
Table 4: GCC: Pectin Market Outlook: Segmentation by End Use (in Million US$), 2023-2028
Table 5: GCC: Pectin Market Structure
Table 6: GCC: Pectin Market: Key Players
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