According to the latest report by IMARC Group, titled “Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global xylitol market size reached US$ 921 Million in 2020. Also known as wood sugar, xylitol (C5H12O5) is a white, crystalline powder with a granular structure. It can be derived naturally from plant materials or manufactured using an industrial process. Its consumption assists in digestion, lipid and bone metabolism, stimulating the immune system, controlling obesity, and reducing ear and respiratory infections. It is also known to prevent osteoporosis, improve dental health, and increase collagen production. Consequently, it is extensively used in the preparation of sugar-free chewing gums, mints, candies, and diabetes-friendly food and oral-care products across the globe.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Xylitol Market Trends:
Due to the increasing prevalence of lifestyle diseases, such as high cholesterol, cardiovascular disorders, and obesity, there is a considerable rise in the number of individuals who are conscious about their calorie intake. This represents one of the primary factors positively influencing the market. Xylitol assists in reducing intraocular pressure, healing wounds, preventing ear infections, and clearing nasal passageways. As a result, it is employed in the manufacturing of various pharmaceutical and nutraceutical products. It is also used as a humectant and anti-microbial preservative in lip care products and moisturizers in the personal care industry around the world. Apart from this, it is increasingly being added to toothpaste and chewing gums as it hardens untreated cavities, enhances tooth remineralization, and reduces teeth sensitivity. Furthermore, leading manufacturers are focusing on producing xylitol in a cost-effective and eco-friendly manner by extracting xylitol from sugarcane bagasse. These advancements are creating a favorable market outlook. Looking forward, the market value is projected to reach US$ 1,289 Million by 2026, expanding at a CAGR of 5.8% during the forecast period (2021-2026).
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Zuchem Inc.
- Mitsubishi Shoji Foodtech
Xylitol Market Segmentation:
Our report has categorized the market based on region, form and application.
Market Breakup by Form:
Market Breakup by Application:
- Chewing Gum
- Pharmaceutical and Personal Care
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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