Xylitol Market Growth, Analysis, Forecast to 2023

According to Precision Business Insights (PBI) latest report Xylitol market was valued at USD 701.5 million in 2022, expected to grow at a 4.3% CAGR during the forecast period 2023 to 2029. The adoption of sugar-free and low-calorie lifestyles increased health and dental awareness, the blooming cosmetic market, developed infrastructure and technology, surplus in agricultural produce, and the development of sustainable transformation methods are some of the major drivers controlling the xylitol market. Xylitol's antimicrobial, anti-adhesive, low permeability, and futile metabolism make it one of the most effective sugar substituents in the market. Similarity of xylitol to sugar in texture, taste and appearance; being low in calories, preventing plaque formation and dry mouth are some of the factors contributing to the xylitol market. The Covid-19 pandemic however led to a downsurge in the market because of sedentary lifestyles and disruption of the global market; other than that sugar being a cheaper alternative preference is given less to xylitol. However, health awareness among upcoming youth, its huge impact on the dental industry, and the prevention of diseases like diabetes, chronic rhinosinusitis, and cancer has led to the flourishment of the xylitol market. Thus, the xylitol market is expected to have tremendous growth in the upcoming years.

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The xylitol market is segmented based on by form, raw material, source and catalytic agent, application and geography

Based on the form, the market is segmented into the following:
• Solid
• Liquid

Based on the raw material, the market is segmented into the following:
• Corn cobs/ husks
• Berries
• Birch trees
• Sugarcane bagasse
• Oats
• Wheat stalk
• Barley straw
• Berries
• Cashew apple bagasse

Based on the source and catalytic agent used, the market is segmented into the following:
• Birch trees- Phytoextraction
• Xylose reduction-Chemical Catalysis
• Xylose/ Hemicellulosic hydrolysate- Microbial fermentation
• Autotropic producers- Photoautotrophic microbes

Based on the application, the market is segmented into the following:
• Food Industry
• Pharmaceutical Industry
• Other Industries

Based on the Geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• Middle East & Africa

Xylitol has sweetness equivalent to sucrose, is sugar-free and has low calories. Xylitol makes food stable since the Malitard reaction between reducing sugars and amino acids does not take place due to Recently Xylitol is used as a substituent for sugar in infant formulations to prevent diabetes and also it acts as a preservative. Prolonged consumption of synthetic sweeteners has been shown to have detrimental effects such as gastric, and pancreatic cancers, lymphomas, migraines, and reduced potential of the anti-oxidation of the liver.

According to International Diabetes Federation 2021, 540 million people worldwide had diabetes. Thus, xylitol is an alternative to artificial sugar since after its consumption glucose level in the blood does not change significantly and glycolysis dominates gluconeogenesis. Its rapid metabolism and slow absorption in the liver cells leads to low concentration of xylitol even after oral absorption.

The adoption of a healthy lifestyle and awareness among the people has shifted the attention from artificial sugar to xylitol sweeteners and thus boosted the xylitol market.

North America Leads the Xylitol Market
The Xylitol market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America's xylitol market is currently dominating, with high consumption in US and Canada. However, in terms of production, China is leading the xylitol market. It is one of the major exporters of xylitol. The market is majorly flourishing in the US, China, India and Europe. Asia Pacific is anticipated to witness the fastest growth of CAGR in the upcoming years. The increasing demand for low-calorie and sugar-free food from health-conscious individuals in regions like the US, Europe, China, India and Thailand is anticipated to boost the xylitol market over the forecasted period

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players
Xylitol market further reveals that the key players increasingly adopting strategies such as the launch of newer products, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In October 2018, Ultimate Baker released a Kosher-certified naturally coloured range of xylitol baking products for the diabetic market.

Key player's profiles in the xylitol market are DuPont (Danisco) (USA), Futaste Pharmaceutical Co., Ltd. (China), Roquette Freres (France), Zhejiang Huakang Enterprise Co., Ltd. (China), Nova Green, Inc. (Canada), Cargill (USA), Archer Daniels Midland Company (USA), Shandong Lujian Biological Technology Co., Ltd. (China), Shijiazhuang Acid Chemical Co., Ltd. (China), Xylitol USA, Inc. (USA), Avansecure (India), Herboveda (India)

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