Global Xylitol Market: Snapshot
The global market for xylitol is witnessing a significant rise in its size and valuation. Researchers expect this trend to continue, thanks to the increasing preference of consumers for low-sugar, low-calorie, healthy food. Xylitol is widely utilized in a bakery products, food items, and beverages. It also finds a widespread use in the formulation of a number of sugar-free food and confectionery, such as chewing gums, candy, lozenges, chocolate, pastries, cake, biscuit, and muffins. Moreover, a variety of commercial usage of xylitol in oral care, pharmaceutical, and nutraceutical products, such as toothpaste, vitamin supplements, fluoride tablets, mouth wash, tonics, and syrups is also there.
Most prevalently, xylitol is utilized in chewing gums, which has captured more than 60% of the overall market. The rising level of health awareness among consumers has led to a change in the buying behavior of consumers, showcasing the increasing preference for sugar-free chewing gums among them. This, as a result, has prompted chewing gum producers to introduce sugar-free products, which is reflecting positively on the market’s growth.
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The increasing hygiene consciousness among consumers is projected to boost this market further in the near future. The rising demand for superior quality oral care products manufactured using xylitol is likely to influence its sales. Apart from this, the surge in the purchasing power of consumers and the augmenting population also anticipated to motivate the usage of xylitol, especially in emerging economies of Latin America and Asia Pacific.
Global Xylitol Market: Overview
Xylitol is a natural carbohydrate that tastes and looks like regular table sugar. It is categorized either as sugar alcohol or polyhydric alcohol. Xylitol is extensively available naturally that can be obtained from any woody fibrous plant matter. The commercial production of xylitol starts from a hemicellulose obtained mainly from hardwood or corncobs, which is further hydrolyzed into xylose and undergoes catalytic hydrogenation to form the final product.
The report analyzes key market segments and growth trends that will have an impact on the growth of the global xylitol market over the next few years. The report also provides valuable insights into product development and competitive structure of the global xylitol market. This includes a detailed assessment of the vital market indicators such as market drivers, market challenges, and growth trends for analyzing the growth of the xylitol market between 2017 and 2025.
The report is prepared after collecting data from industry-centric sources and after receiving insightful comments from industry leaders about their viewpoint of the growth of the global xylitol industry.
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Global Xylitol Market: Drivers and Restraints
The increasing consumer spending on natural low calorie sweeteners along with increasing demand for diabetic care products is driving the global xylitol market. Other factors such as low calorie content, excellent taste, minimal effect on blood sugar, versatility and equivalent sweetness, and helping reduce carbohydrate and binge eating are favoring the growth of the xylitol market.
The World Health Organization estimates that 2.8 million individuals die every year due to overweight that includes obesity as well. These conditions result in adverse metabolic effects on cholesterol, blood pressure, triglycerides, and insulin resistance. Xylitol consumption is expected to be beneficial towards weight control objectives if consumed either through food and medicines that slows stomach emptiness and has a low glycemic index as well. This polyol is partially absorbed and the absorbed portion is converted into glucose, which in turn, activates lutathione oxidation to help squash free radicals. On the other hand, the unabsorbed portion of xylitol acts like dietary fiber, which helps to maintain healthy gut function. These factors are leading to a substantial growth of the global xylitol market.
The increasing demand for sugar-free gums along with increasing sales of natural sources based confectionery is expected to favor the growth of the xylitol market.
However, the growth of the xylitol market may be restricted due to certain factors. Threat from substitute products such as mannitol, sorbitol, and maltol will challenge the market’s growth. Limited supply of key raw material corncob due to its increased demand for food and biofuel applications is expected to impact the price trend in the xylitol market, and thereby affect production.
Global Xylitol Market: Regional Overview
North America represents the largest market for xylitol due to the increasing consumption of diabetic drugs. In this region, the U.S. contributes significantly to the growth of the xylitol market due to the increasing incidence of obesity leading to increased spending on low calorie sweeteners.
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In Asia Pacific, China is expected to emerge as a significant market for xylitol due to the increasing demand for natural source based gum and confectionery products. The increasing GDP in China resulting in the emergence of a large middle class population with disposable incomes is expected to provide huge growth opportunities to the xylitol market. Japan is also a significant market for xylitol in this region.
Major Companies Mentioned in Report
The report mentions and profiles key leaders in the global xylitol market, namely Danisco (DuPont), Yucheng Lujian, Futaste Pharmaceutical, and Hangzhou Shouxing. Each of the companies is profiled for their business attributes of recent developments, financial standing, and SWOTs.