Xylitol Market Is Expected To Reach $1.37 Billion By 2025: Grand View Research, Inc.
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.
Access
Full Research Report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/xylitol-market
Further
key findings from the study 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
- U.S.
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Central
& South America
- 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.
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