Overview and Scope
Xylitol is a calorie-free sugar alternative with a low glycemic index. Xylitol also improves dental health, possesses antioxidant properties, and prevents ear infections.
Sizing and Forecast
The xylitol market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growing awareness of health and wellness, rising incidence of diabetes, weight management concerns, dental health awareness, consumer demand for natural sweeteners.
The xylitol market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to continued focus on sugar reduction, expanding functional food and beverage market, rise in keto and low-carb diets, increasing availability in multiple forms, application in pharmaceuticals and nutraceuticals. Major trends in the forecast period include innovation in xylitol-based products, emergence in personal care products, focus on sustainable and naturally sourced xylitol, application in pet care products, increasing market penetration in Asia-Pacific.
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Segmentation & Regional Insights
The xylitol market covered in this report is segmented –
1) By Type: Wood Fibrous Sweetener, Birch Xylitol, Corn Xylitol, Other Types
2) By Form: Solid, Liquid
3) By Application: Food And Beverages, Oral Hygiene Products, Cosmetics And Toiletries, Pharmaceuticals, Other Applications
North America was the largest region in the xylitol market in 2023. Europe was the second-largest region in the xylitol market report. The regions covered in the xylitol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising demand for sugar-free confectionery is expected to drive the growth of the xylitol market in the coming years. There is an increasing awareness and knowledge about the harmful effects of sugar consumption. As a result, people are seeking out sugar-free options as part of an effort to eat healthily. The increasing focus to avoid sugar in a regular diet and eat healthily has led to the adoption of natural alternative sweeteners such as xylitol and stevia. For instance, in 2021, according to Forbes, an American business journal, Lily’s Sweets, a US-based sugar-free chocolate company has registered a 55% revenue rise year-over-year. Therefore, the rising demand for sugar-free confectionery propels the growth of the xylitol market.
Key Industry Players
Major companies operating in the xylitol market report are Cargill Inc., Archer Daniels Midland Company, Merck KGaA, Dupont Nutrition & Health, Ingredion Incorporated, Shandong Longlive Bio-Technology Co Ltd., Roquette Freres SA, Thomson Biotech (Xiamen) Co Ltd., Futaste Pharmaceutical Co Ltd., AVANSCHEM, Jiangsu Linhai Biotechnology Co Ltd., DFI Corporation, Zhejiang Huakang Pharmaceutical Co Ltd., Fortress Global Enterprises Inc., Nova Green Inc., Shandong Futaste Co Ltd., Herboveda, Spectrum Chemical Mfg. Corp, Shandong Lujian Biological Technology Co Ltd., Zuchem Inc., Xlear Inc., Foodchem International Corporation, Dynamic Food Ingredients Corporation, O’laughlin Industries Co Ltd., Danisco Sweeteners Oy, CSPC Shengxue Glucose Co Ltd, Hangzhou Shouxing Bio-Technology Co Ltd., Yuxin Xylitol Technology Co Ltd., Mitsubishi Shoji Foodtech Co Ltd., Yusweet Xylitol Technology Co Ltd.
The xylitol market report table of contents includes:
1. Executive Summary
2. Xylitol Market Characteristics
3. Xylitol Market Trends And Strategies
4. Xylitol Market – Macro Economic Scenario
5. Global Xylitol Market Size and Growth
…..
32. Global Xylitol Market Competitive Benchmarking
33. Global Xylitol Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Xylitol Market
35. Xylitol Market Future Outlook and Potential Analysis
36. Appendix
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