The ‘Global Xylitol Market Size, Share, Price, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global xylitol market, assessing the market on the basis of its segments like form, application, and major regions.
Xylitol Market Size, Share, Price Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 5.5%
|Market Size in 2020||USD 877 billion|
|Revenue Forecast in 2026||USD 1209.2 billion|
|Growth Rate CAGR||5.5%|
|Major Players||Du Pont, Roquette Frères S.A., Cargill, Incorporated, Ingredion Incorporated,
ZuChem, Inc., and others.
The global xylitol market is expected to register growth during the forecast period on account of the rising demand for xylitol in food and nutraceutical applications. The surging demand for low-calorie foods is likely to fuel the market demand for xylitol as it is an organic sweetener that is found in hardwood trees as well as fibrous plant foods.
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With the growing demand for natural sweeteners in chewing gums, the demand for xylitol is likely to rise. Chewing gums with xylitol provide various dental advantages such as aiding in preventing dry mouth and tooth decay, and helping improve oral health. Moreover, the increasing preferences of consumers for natural sweeteners in food, especially weight-conscious and diabetic persons, is expected to bolster the market growth of xylitol across the globe.
Xylitol is employed as a food additive in bakeries, beverages, confectionery, as well as dairy products, and in pharmaceutical and nutraceutical industries on account of its low glycaemic index as a sweetener. This is further expected to propel the growth of the xylitol market across the globe. Birch barks and corn cobs are commonly utilised raw materials for the commercial manufacturing of xylose which is further expected to support the market growth of xylitol.
Xylitol Industry Definition and Major Segments
Xylitol is a natural sugar that is in plants, along with various vegetables, and fruits. Xylitol has a sweet taste and is generally utilised as an alternative to sugar. It decreases levels of decay-causing bacteria in saliva and acts against certain bacteria that can produce ear infections. It’s commonly used in chewing gums and mints, among other sweets that are sugar-free.
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Based on form, the market is segmented into:
By application, the market is classified into:
- Chewing Gum
- Pharmaceuticals and Personal Care
Based on region, the market is divided into:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
Xylitol Market Trends
Geographically, the North America region is expected to witness significant growth in the xylitol market share over the forecast period. This is on account of the rapid increase in the population suffering from chronic conditions, obesity, and diabetes. The United States is augmenting the market growth of xylitol because of its health benefits such as low calorific value, low carbohydrate content, and tooth decay-protection properties. This is further encouraging the consumption of xylitol among consumers that are health-conscious.
The growing government initiatives such as the United States FDA approving the utilisation of xylitol in foods as a direct food additive, along its categorisation as ‘generally recognised as safe’ or ‘GRAS’. Moreover, United States-based worldwide suppliers utilise wood as feedstock to produce xylitol commercially. The product has further been widely approved for use in oral hygiene products, cosmetics, toiletries, and pharmaceuticals.
Meanwhile, the Asia Pacific region is anticipated to gain momentum over the coming years in the xylitol market growth on account of the high production and consumption of xylitol, specifically in China. Currently, China is considered a leading exporter of xylitol and is expected to maintain its position during the forecast period.
Key Market Players
The major players in the global Xylitol market report are Du Pont, Roquette Frères S.A., Cargill, Incorporated, Ingredion Incorporated, and ZuChem, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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