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Xylitol Market Forecast 2018-2024 | Industry Participants - Danisco, Cargill, Ingredion Incorporated, Roquette Freres, Futaste Pharmaceutical, Yucheng Lujian and Hangzhou Shouxing
Xylitol Market
Xylitol Market size is expected to reach USD 1.12 billion by 2023; according to a new research report by Global Market Insights, Inc.
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U.S. xylitol market size may generate over USD 350 million sales by 2023. The consumers are focused for adopting natural ingredients in final products formulation owing to growing health concerns resulting from synthetic materials. FDA has granted GRAS status to xylitol use in food & beverages, which may favor regional industry growth.
Increasing application scope in sugar free gum formulations should drive xylitol market size. Chewing gum application may witness average industry gains at over 6% and register close to 185 kilo tons of product consumption by 2023. This sugar alcohol is used to coat pellet form of sugar-free gums due to rapid drying & crystallization properties. It is used to prevent tooth decay risks and is associated with halting the progression of tiny cavities.
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Xylitol downstream potential market includes its use as a platform chemical or building block for xylaric acid, glycols (propylene glycol and ethylene glycol). Global ethylene glycol market size was over 18 million tons in 2015 and expects gains close to 5%. Polyethylene terephthalate (PET) application was dominant have already penetrated the CSD and bottled water market and are poised for growth in durable applications such as alcoholic & hot beverage packaging, sheet/film market, food packaging and automotive industry. Glycols also find extensive applications in antifreeze and de-icing fluids formulations.
Key raw materials, birch wood and corncob, are used for xylose production. Corncob has dominated the xylose production over the past few years with majority of the manufacturing base set up in China. Corncobs may witness tight supply dynamics due to demand in biofuel and food applications which may lead to production deficit and hinder xylitol market price trend.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/xylitol-market
Xylitol market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2012 to 2023, for the following segments:
Global Xylitol Market By Application
Chewing gum
Confectionary
Food
Personal care
Pharmaceuticals
Nutraceuticals
Global Xylitol Market By Downstream Potential
Glycol
Ethylene glycol
Propylene glycol
Xylaric acid
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporte Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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