Xylitol Market Size Worth $738.10 Million By 2028

The global xylitol market size was valued at USD 447.88 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2028.

The global Xylitol Market size is expected to reach USD 738.10 million by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. Some of the key players in this industry are Cargill, Inc., DuPont Danisco, Roquette Freres, ZuChem, Inc., Thomson Biotech (Xiamen) Co., Ltd., NovaGreen, Inc., DFI Corp. The product demand has been growing rapidly owing to the high demand for natural ingredients in the food industry. Furthermore, the use of xylitol in dietary supplement products, such as gummies, has also been one of the key driving factors contributing to the growth of the market. Xylitol is a low-calorie sugar with a low glycemic index as compared to table sugar. It is widely used as a sweetener in the food industry, mainly in chewing gums, mints, and candies. The product consumption has been linked to several positive health effects, including a reduction in tooth decay, prevention of ear infection, enhanced bone density, weight loss, blood sugar stabilization, etc.

It shows a varied range of applications in the food, pharmaceutical, and nutraceutical industries. Sugar-free chocolates, chewing gums, hard candies, wafer fillings, pastilles, and other diabetic sweets are produced using xylitol as the key sugar substitutes. It also enhances the flavor, color, and shelf life of food products. Chewing gums that contain xylitol are well known for their therapeutic purposes. The addition of xylitol to cough syrups, tonics, and vitamin preparations results in nonfermentable products. It is added to diets as a beneficial health supplement for diabetic patients, due to its non-cariogenic and non-fermentable properties.

Asia Pacific accounted for the largest revenue share of the global market in 2020. China is among the leading producers as well as consumers across the globe. The majority of the product is produced in China followed by Europe and the U.S. The increasing product usage in the formulation of various dietary supplements from the nutraceutical industry is accelerating the growth of the market. Most of the players operating in this market are export-oriented and focus on building a global distribution network to meet the increasing demand in various end-use industries across the world.

Related Press Release@ Xylitol Market Report

Xylitol Market Report Highlights

• The powder form segment accounted for the largest revenue share of over 90% of the global market in 2020 and will expand further at a steady CAGR from 2020 to 20208
• The easy application and availability of xylitol in the powder form are contributing to the segment growth
• Oral care is expected to be the fastest-growing application segment over the forecast period
• Xylitol prevents tooth decay and improves the flavor of tooth care products, such as toothpaste, mouthwash, and mouth fresheners
• Asia Pacific is estimated to be the largest regional market by 2028. China is the largest production cluster and has a high product demand and usage in various applications, such as nutraceutical and chewing gum manufacturing
• Europe, on the other hand, is expected to register the fastest CAGR from 2020 to 2028