LOW METHOXYL PECTIN MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Low Methoxyl Pectin Market, By Source (Citrus Fruits, Apple Pomace, and Others), By Application (Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, and Others (Agriculture, etc.)), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In January 2024, International Flavors & Fragrances (IFF) introduced Grindsted Pectin FB 420, a new product specifically designed for baking applications. This innovative pectin offers several benefits for the baking industry, including unique sensory qualities, label-friendliness, and process efficiency.
In December 2023, Herbstreith & Fox GmbH & Co. KG announced the establishment of a new subsidiary, H&F Italy SRL, located in Milan, Italy. This strategic move underscores the H&F Group's commitment to expanding its presence and enhancing its operations in the Italian market.
In 2023, Cargill announced the introduction of a new range of Low Methoxyl (LM) Conventional (LMC) pectin, designed to meet the evolving needs of the food and beverage industry. This innovative product line aims to provide manufacturers with versatile solutions for various applications, particularly in fruit-based products.