Xylitol Market: Europe Is Expected To Register The Fastest CAGR From 2020 To 2028
Xylitol Industry Overview
The global xylitol market size is expected to reach USD 738.10 million by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. The product demand has been growing rapidly owing to the high demand for natural ingredients in the food industry. Furthermore, the use of xylitol in dietary supplement products, such as gummies, has also been one of the key driving factors contributing to the growth of the market. Xylitol is a low-calorie sugar with a low glycemic index as compared to table sugar. It is widely used as a sweetener in the food industry, mainly in chewing gums, mints, and candies. The product consumption has been linked to several positive health effects, including a reduction in tooth decay, prevention of ear infection, enhanced bone density, weight loss, blood sugar stabilization, etc.
It shows a varied range of applications in the food, pharmaceutical, and nutraceutical industries. Sugar-free chocolates, chewing gums, hard candies, wafer fillings, pastilles, and other diabetic sweets are produced using xylitol as the key sugar substitutes. It also enhances the flavor, color, and shelf life of food products. Chewing gums that contain xylitol are well known for their therapeutic purposes. The addition of xylitol to cough syrups, tonics, and vitamin preparations results in nonfermentable products. It is added to diets as a beneficial health supplement for diabetic patients, due to its non-cariogenic and non-fermentable properties.
Asia Pacific accounted for the largest revenue share of the global market in 2020. China is among the leading producers as well as consumers across the globe. The majority of the product is produced in China followed by Europe and the U.S. The increasing product usage in the formulation of various dietary supplements from the nutraceutical industry is accelerating the growth of the market. Most of the players operating in this market are export-oriented and focus on building a global distribution network to meet the increasing demand in various end-use industries across the world.
Xylitol Market Segmentation
Grand View Research has segmented the global xylitol market on the basis of form, application, and region:
Based on the Form Insights, the market is segmented into Powder, and Liquid.
- The powder form segment led the global xylitol market in 2020 with a revenue share of more than 90%. The effectiveness in various applications and easy availability, handling, and storability are the key factors responsible for the high demand for the product in powder form.
- The powder form is majorly used in the manufacturing of chewing gums and anhydrous dietary supplements on account of its durability. It increases the shelf life of the final products due to less or no content of water. On the other hand, the liquid form segment will register the fastest CAGR from 2020 to 2028 on account of the low costs of liquid product form.
Based on the Application Insights, the market is segmented into Chewing Gum, Confectionery, Bakery & Other Foods, Oral Care, and Others.
- The oral care application segment is estimated to witness the fastest growth rate of 6.8% from 2020 to 2028. It decreases the incidence of dental caries by increasing salivary flow and pH, inhibiting the growth of harmful bacteria, and reducing plaque levels, inflammation, and tooth erosion. On the back of these factors, the oral caresegment is anticipated to grow substantially over the forecast period.
- Xylitol has 40% fewer calories than regular sugar. A teaspoon of sugar contains 16 calories compared to a teaspoon of xylitol, which has 9.6 calories. It is used in chewing gum manufacturing as a sugar substitute due to its pleasant cooling effect. In America, Europe, and Asia chewing gums, mints, lozenges, and candies containing xylitol are widely available. It also has applications in bakery items, sauces, condiments, pharmaceuticals, and nutraceuticals.
Xylitol Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Companies & Market Share Insights
The global market is characterized by the presence of several global and regional players. The production is concentrated in the U.S., China, and Europe. The market has a high potential for emerging and new players that require broad support across the value chain. The established, as well as new players, have been focusing more on robust brand management for targeting various application industries across the globe. Some of the prominent players in the global xylitol market include:
- Cargill, Inc.
- DuPont Danisco
- Roquette Freres
- ZuChem, Inc.
- Thomson Biotech (Xiamen) Co., Ltd.
- NovaGreen, Inc.
- DFI Corp.
- Zhejiang Huakang Pharmaceutical Co., Ltd.
- Jining Hengda Green Engineering Co., Ltd.
- Shandong Biobridge Technology Co., Ltd.
- Shandong Futaste Co., Ltd.
- Foodchem International Corp.
- Mitsubishi Shoji Foodtech Co., Ltd.
- A & Z Food Additives Co., Ltd.
- Herboveda India
- Shandong Lujian Biological Technology Co. Ltd.
- Godavari Biorefineries Ltd.
- Shandong Longlive Bio-Technology Co., Ltd.
Order a free sample PDF of the Xylitol Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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