The Xylitol market is projected to grow at a CAGR of 6.0% to reach USD 1354 million by 2026 from USD 900 million in 2019. Increasing health awareness amongst consumers for reducing calorie intake on account of the rising prevalence rate of several lifestyle diseases such as cardiovascular problems, high cholesterol, and obesity along with consumers’ willingness to pay more for safe sugar substitutes has significantly contributed to the growth of this market.
The research report analyses the ecosystem of Xylitol and categorizes the Xylitol Market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.
By Application,
• Chewing Gum
• Confectionery
• Bakery
• Oral Care
• Personal Care
• Others
By Production Method
• Chemical Method
• Biotechnological Method
• Other Methods
The report also provides an in-depth analysis of market dynamics such as drivers, restraints opportunities, and challenges:
Xylitol Market Drivers:
• Xylitol market is emerging as an attractive product for diabetics and calorie-conscious people on account of its low-calorie content, minimal impact on insulin, and similar taste as compared to sugar
• The rising prevalence rate of several lifestyle diseases such as diabetes, cardiovascular problems, high cholesterol, and obesity has also created a demand for Xylitol
• Growth in sugar-free chewing gum and another sugar-free confectionery market.
Xylitol Market Restraints:
• Competition from other alternative sweeteners such as erythritol and stevia
• High manufacturing costs and abstraction process
Xylitol Market Opportunities:
• New production technologies such as green electrochemistry and production from oat hulls
Xylitol Market Challenges:
• Consumer concerns regarding intestinal side effects of Xylitol after its prolonged usage or in large quantities
Company Profiles and Competitive Intelligence Covered in Xylitol Market Report:
The key players operating in the market are Cargill, Inc., DuPont Danisco, Roquette Freres, ZuChem, Inc, NovaGreen, Inc., DFI Corporation, Zhejiang Huakang Pharmaceutical Co., Ltd, Xylitol Canada, Inc., Jining Hengda Green Engineering Co., Ltd., Shandong Biobridge Technology Co., Ltd, Shandong Futaste Co., Ltd., Foodchem International Corporation, Mitsubishi Shoji Foodtech Co., Ltd.
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