Global Xylitol Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
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Global Xylitol Market Report Overview:
“The global Xylitol Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, and future strategies, acquisitions & mergers, and market footprint. The global xylitol market report has been segmented based on application and region.
Xylitol is a natural sweetener with many health benefits. It is a sugar alcohol that has a crystalline and granular structure. Xylitol naturally occurs in vegetables and fruits. Generally, xylitol is obtained from corncobs. Most of people use corn to produce xylitol because it is more sustainable in terms of space, cost-effective compared to other sources and environment-friendly.
Xylitol contains 40% lesser calories than sugar. Moreover, xylitol is non-fermentable and has an anti-adhesive quality that restricts bacteria from producing byproducts or harmful acids.
Growing demand for xylitol in the pharmaceutical industry for various diseases is expected to drive the market growth over the forecast period. The increasing rate of obesity and diabetes has boosted the demand for low-calorie sweeteners. Moreover, the increasing prevalence of various diseases in developed and developing economies is expected to drive market growth over the forecast period.
Chewing gum is estimated to be the largest application segment in the global xylitol market and is expected to maintain its dominance over the forecast period. Increasing health awareness among the consumers has led to rising demand for sugar-free chewing gum. Most of the manufacturers are focused on introducing sugar-free chewing gum, which is expected to have a positive impact on the xylitol market.
The Asia Pacific is expected to account for the major share of the market and is estimated to maintain its dominance over the forecast period. The presence of many manufacturers in the region is expected to fuel the market growth. Changing consumer preferences in China, India, South Korea, Singapore, Australia, and Malaysia.
Increasing disposable income, changing the lifestyle of the people, and increasing consumer preferences toward consumption of healthy food are expected to boost the market growth over the forecast period in the region. An increasing aging population coupled with rising health awareness among the people in the region is expected to drive the market growth. Rising penetration of confectionery, chewing gum, and oral care in the region is expected to propel market growth over the forecast period.
Market segmentation and key players operating in the global xylitol market:
- Chewing gum
- Others (Personal care and Beverages)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cargill Incorporated
- Mitsubishi Shoji Foodtech Co. Ltd
- I. du Pont de Nemours and Company
- Shandong Futaste Co., Ltd.
- Thomson Biotech(Xiamen) Co., Ltd.
- NovaGreen, Inc.
- Foodchem International Corporation
- Jining Hengda Green Engineering Co., Ltd.
- DFI Corporation
- Roquette Freres S.A
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