Market outlook of xylitol
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research analyst predicts the global
xylitol market to grow at a CAGR of around 7% during the forecast period. The
global xylitol market is anticipated to grow at a moderate pace owing to the
demand for safe, healthy, and economic sugar substitutes. Increasing health
concerns regarding lifestyle diseases such as high cholesterol, cardiovascular
issues, and obesity has raised consumer awareness regarding calorie intake that
in turn has propelled the demand for xylitol in the market.
Despite being driven by the growing number of people with
diabetes who choose natural sweeteners to maintain blood sugar levels, the
market growth is anticipated to witness challenges due to the threat from
substitute products. For instance, Sorbitol is 60% as sweet as table sugar and
is less expensive compared to xylitol. Sorbitol is around 60% as sweet as table
sugar and is less expensive compared to xylitol. It is the most commonly used
sweetener in sugar-free chewing gums and is also used in over-the-counter
medicines.
Segmentation
by application and analysis of the xylitol market
- Chewing
gum
- Confectionery
- Pharmaceutical
and personal care
The chewing gum segment accounted for nearly 675 of the market
share during 2015. An increased consumption of sugar-free chewing gums
worldwide is driving the growth of this segment. For instance, brands such as
Gross and Wrigley only use xylitol for the manufacture of sugar-free chewing
gums. Chewing sugar-free gums for 20 minutes increases the plaque pH level,
reducing the risk of tooth decay.
Geographical
segmentation and analysis of the global xylitol market
- APAC
- Europe
- Latin
America
- North
America
- ROW
Europe accounted for the largest market share during 2015. The
increase in the price of sugar has led to the high adoption of xylitol as a
substitute in this region. Xylitol products are used in dental care products
due to their non-cariogenic nature and aid in repairing minor teeth cavities.
They are also used in chewing gums, ice creams, chocolates, and beverages.
Competitive
landscape and key vendors
Intense competition, rapid technological advancements, and
frequent changes in consumer preferences constitute significant risk factors
for vendors in this market. The market is witnessing consolidation with
increased competition. Also, the influx of private labels in the market is on
the rise. Therefore, to survive and succeed in this intensely competitive
environment, it is imperative for vendors in the market to distinguish their
product and service offerings through a clear and unique value proposition. The
development of innovative products by vendors is expected to help the market
growth between 2016 and 2020.
The
leading vendors in the market are -
- DuPont
- Cargill
- CSPC
Shengxue Glucose
- Ingredion
- Mitsubishi
Shoji Foodtech
Other prominent vendors in the market include ZuChem, Hangzhou
Shouxin Biological Technology, Novagreen, Tata Chemicals, Roquette Frres, and
Thomson Biotech.
Key questions answered in the report include
- What
will the market size and the growth rate be in 2020
- What
are the key factors driving the global xylitol market
- What
are the key market trends impacting the growth of the global xylitol
market
- What
are the challenges to market growth
- Who
are the key vendors in this market space
- What
are the market opportunities and threats faced by the vendors in the
global xylitol market
- Trending
factors influencing the market shares of the Europe, North America, APAC,
Latin America, and the ROW
- What
are the key outcomes of the five forces analysis of the global xylitol
market
Related reports:
GlobalSugarSubstitutesMarket 2015-2019
Global Polylactic Acid (PLA) Market 2015-2019
Artificial Sweetner Market in the UK 2015-2019
Global Polylactic Acid (PLA) Market 2015-2019
Artificial Sweetner Market in the UK 2015-2019
Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349
Norah Trent
+1 646 845 9349 / +44 208 133 9349
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