According to IMARC Group latest report titled” Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 921 Million in 2020. The global xylitol market is expected to exhibit moderate growth during the next five years. Xylitol refers to a sugar alcohol with a granular and crystalline structure and sweetness that is comparable to sucrose. Also referred to as wood sugar, it is derived from xylose, which occurs naturally in various vegetables and fruits. Commercially, xylitol can be produced by chemical and biotechnological processes. Xylitol has around 40% fewer calories and 75% fewer carbohydrates than table sugar and is, therefore, a preferred sweetener. It is utilized across several industries, such as food and beverages, cosmetics and personal care, pharmaceuticals, etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The rising consumer health awareness towards the adverse effects of artificial sweeteners is driving the xylitol market. Furthermore, it is utilized as a humectant and anti-microbial preservative in the personal care industry for lip care products and moisturizers, thereby fueling the market growth. Additionally, xylitol is increasingly being used in chewing gums and toothpaste as it hardens untreated cavities, enhances tooth re-mineralization, reduces teeth sensitivity, etc. Moreover, xylitol is also adopted in pharmaceutical and nutraceutical products as it aids in preventing ear infections, clearing nasal passageways, healing wounds, reducing intraocular pressure, etc. Besides this, numerous manufacturers are focusing on producing xylitol in environment-friendly and cost-effective ways, such as extracting xylitol from sugarcane bagasse. This, in turn, is anticipated to fuel the market growth in the coming years.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- DuPont
- Ingredion
- Roquette
- Cargill
- Novagreen
- Zuchem Inc.
- Mitsubishi Shoji Foodtech
Xylitol Market Segmentation:
Our report has categorized the market based on region, form and application.
Market Breakup by Form:
- Solid
- Liquid
Market Breakup by Application:
- Chewing Gum
- Confectionery
- Pharmaceutical and Personal Care
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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