The global xylitol market is
expected to reach USD 1.37 billion by 2025, according to a new report by Grand
View Research, Inc. Increased prevalence of lifestyle diseases such as diabetes
and obesity accelerated demand for low calorie sweeteners. Several health
benefits associated with xylitol such as tooth decay defying properties and low
glycemic index have encouraged its usage in numerous applications.
Rising health concern
has changed the buying behavior of consumers significantly. Consumers in
developed and developing countries have exhibited growing preference for low
calorie food and confectionery items. Changing customer need is anticipated to
drive the xylitol market over the forecast period.
Rising demand for
sugar-free chewing gum and confectionery was the key driver of the global
xylitol market. Increasing presence of chewing gum, confectionary, and oral
care product manufacturers in Asia Pacific region is estimated to bolster demand
over the next few years.
Asia Pacific dominated
the xylitol market, accounting for around 41% share of the global market
revenue in 2015. Rising population, rapid urbanization, and changed lifestyle
in developing countries of Asia Pacific has set new trends in the Asia Pacific
market. Increased disposable income and risen consumer awareness in countries
such as China, Japan, India, South Korea, Malaysia, Indonesia, and Singapore
have spurred the demand for healthy products.
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Research:
Further key findings from the report suggest:
·
The global xylitol market was valued at USD
737.2 million in 2015 and is expected to grow at a CAGR of 6.6% from 2016 to
2025
·
In terms of application, chewing gum
segment dominated the global xylitol market, accounting for over 67% of global
volume in 2015
·
Demand for xylitol in chewing gum is
expected to grow over the next nine years on account of various health benefits
associated with xylitol
·
Chewing gum application segment is
anticipated to expand at the fastest CAGR of 6.2% from 2016 to 2025 due to
rising health awareness among consumers
·
Unique properties of xylitol to protect
from cavities, tooth decay, and demineralization of enamel is expected to fuel
its usage in oral care
·
Bakery & other foods are predicted to
exhibit promising trend in North America and Europe xylitol market, owing to growing
consumer demand for low calorie bakery items
·
Asia Pacific is projected to witness the
fastest growth rate over the forecast period, due to rising health
consciousness and weight management program among consumers in developing
countries
·
Dupont Danisco, DFI Corporation, Shandong
Futaste Co., Ltd., Xylitol Canada, Inc., Zuchem Inc., and Roquette Freres are
some of the key players operating in the xylitol market
·
The major xylitol manufactures are focusing
to reduce their production cost and environmental footprint through
introduction of innovative technologies for xylitol extraction
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/food-and-beverages
Grand View Research has
segmented the global xylitol market on the basis of product, and region:
Xylitol Application Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2014 - 2025)
·
Chewing gum
·
Confectionery
·
Bakery & other foods
·
Oral care
·
Others
Xylitol Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
·
North America
o U.S.
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o India
·
Central & South America
o Brazil
·
Middle East & Africa
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-xylitol-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
