Xylitol Market to reach USD 1.1 Billion by 2023 | Top Key Players Cargill, Roquette Freres, Ingredion Incorporated, Danisco, Futaste Pharmaceutical, Yucheng Lujian and Hangzhou Shouxing

Xylitol Market growth is propelled by increasing health awareness among consumers for low calorie based sweeteners in product formulation. Versatility & equivalent sweetness, reduces carbohydrate cravings & binge eating, low calorie, minimal effect on blood sugar & insulin levels and excellent taste are major benefits fueling product demand.

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.

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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.

To combat the rising concerns regarding healthcare expenditure as well as to ensure sound health of the global population base, xylitol market has observed massive gains over the recent years. Xylitol has become a prominent name in the overall polyol industry space and had attained a remarkable revenue of USD 750 million in 2015. Through consumption via medicines and food, xylitol serves as a major solution to the issues related to obesity. This has subsequently enhanced the application portfolio of xylitol industry in the food and pharmaceutical sectors. As per the estimates, xylitol market size from food applications is estimated to register the highest CAGR of 7% over the period of 2016-2023.

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Owing to the medicinal properties, chewing gum applications led the overall landscape with a revenue record of over USD 450 million in 2015. The growth can be credited to the ability of xylitol based chewing gums to prevent dry mouth, tooth decays, and cavity progressions.

Key Participant Companies are:

1. Danisco (DuPont)
2. Futaste Pharmaceutical
3. Yucheng Lujian
4. Hangzhou Shouxing
5. Roquette Freres
6. ZuChem, Inc,
7. CSPC Shengxue Glucose
8. Thomson Biotech
9. DFI Corporation
10. Cargill, Inc.
11. Ingredion
12. Mitsubishi Shoji Foodtech
13. NovaGreen, Inc.
14. Herboveda India

As per the estimates, xylitol market share from chewing gum applications is estimated to record a CAGR of 6% over the timeframe of 2016-2024. Personal care industry is also one of the prominent contributors toward the overall xylitol market share. This application is poised to witness a substantial growth rate over the coming years, driven by its usage in fluoride tablets, mouthwash, and toothpaste.

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Personal care application in Brazil xylitol market size may register over USD 1.7 million sales by 2023. Growing health concerns coupled with rise in spending capacity in should drive regional industry.

The production base in concentrated in China which has emerged as top exporter of this product category. China has also witnessed an production overcapacity which has led to severe pricing competition among key participants owing to low product differentiation.

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