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Xylitol Global Market Report 2024 - By Report, Share, Demand, Industry Size, Forecast To 2033

05-29-2024 07:36 AM CET | Chemicals & Materials

Press release from: The Business research company

Xylitol Market

Xylitol Market

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Xylitol Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.7 billion In 2028 At A CAGR Of 7.6% :
The xylitol market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growing awareness of health and wellness, rising incidence of diabetes, weight management concerns, dental health awareness, consumer demand for natural sweeteners.

The xylitol market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to continued focus on sugar reduction, expanding functional food and beverage market, rise in ket*o and low-carb diets, increasing availability in multiple forms, application in pharmaceuticals and nutraceuticals. Major trends in the forecast period include innovation in xylitol-based products, emergence in personal care products, focus on sustainable and naturally sourced xylitol, application in pet care products, increasing market penetration in Asia-Pacific.

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Xylitol Market Major Segments
The xylitol market covered in this report is segmented -
1) By Type: Wood Fibrous Sweetener, Birch Xylitol, Corn Xylitol, Other Types
2) By Form: Solid, Liquid
3) By Application: Food And Beverages, Oral Hygiene Products, Cosmetics And Toiletries, Pharmaceuticals, Other Applications

Key Driver - Xylitol Market Thrives On Growing Demand For Sugar-Free Confectionery
The rising demand for sugar-free confectionery is expected to drive the growth of the xylitol market in the coming years. There is an increasing awareness and knowledge about the harmful effects of sugar consumption. As a result, people are seeking out sugar-free options as part of an effort to eat healthily. The increasing focus to avoid sugar in a regular diet and eat healthily has led to the adoption of natural alternative sweeteners such as xylitol and stevia. For instance, in 2021, according to Forbes, an American business journal, Lily's Sweets, a US-based sugar-free chocolate company has registered a 55% revenue rise year-over-year. Therefore, the rising demand for sugar-free confectionery propels the growth of the xylitol market.

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Prominent Trend - Xylitol Market Witnesses A Surge In Strategic Investments
Increasing investment is an emerging trend in the xylitol market. Major companies operating in the xylitol sector are focused on investments to strengthen their position. For instance, in September 2022, Fazer Group, a Finland-based food company invested $ 315 million (€300 million) over the past 3 years for commercial production of xylitol by upcycling oat hulls, which contains a high amount of xylose and additionally, the company is looking towards marketing its xylose extraction method to businesses with sizable oat mills.

Xylitol Market Players
Major companies operating in the xylitol market report are Cargill Inc., Archer Daniels Midland Company, Merck KGaA, Dupont Nutrition & Health, Ingredion Incorporated, Shandong Longlive Bio-Technology Co Ltd., Roquette Freres SA, Thomson Biotech (Xiamen) Co Ltd., Futaste Pharmaceutical Co Ltd., AVANSCHEM, Jiangsu Linhai Biotechnology Co Ltd., DFI Corporation, Zhejiang Huakang Pharmaceutical Co Ltd., Fortress Global Enterprises Inc., Nova Green Inc., Shandong Futaste Co Ltd., Herboveda, Spectrum Chemical Mfg. Corp, Shandong Lujian Biological Technology Co Ltd., Zuchem Inc., Xlear Inc., Foodchem International Corporation, Dynamic Food Ingredients Corporation, O'laughlin Industries Co Ltd., Danisco Sweeteners Oy, CSPC Shengxue Glucose Co Ltd, Hangzhou Shouxing Bio-Technology Co Ltd., Yuxin Xylitol Technology Co Ltd., Mitsubishi Shoji Foodtech Co Ltd., Yusweet Xylitol Technology Co Ltd.

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/xylitol-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the xylitol market in 2023. Europe was the second-largest region in the xylitol market report. The regions covered in the xylitol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Xylitol Market Report Structure
3. Xylitol Market Trends And Strategies
4. Xylitol Market - Macro Economic Scenario
5. Xylitol Market Size And Growth
…..
27. Xylitol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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