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Xylitol Market trend is fueled by increasing application scope in sugar free gum formulations by 2023

Author : Rahul Sankrityayan | Published Date : 2019-03-20 

Xylitol Market demand is boosted due to 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.

The U.S. xylitol industry is expected to surpass a revenue of USD 350 million by 2023. The food applications in this region are likely to drive the product demand with a CAGR of 5.4% over the period of 2016-2023.

Germany market is estimated to witness substantial growth over the coming seven years having held a revenue of USD 65 million in 2015. Chewing gum application is likely to drive the regional demand.

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China is estimated to be the major avenue for the overall xylitol industry growth over 2016-2023, with a target market size of 25 kilo tons by 2023. The huge regional confectionary base worth USD 9.5 billion is the major factor boosting the market trends.

France market is estimated to grow at an annual rate of 5.5% over the coming six years, driven by the rising obese and diabetic patient base.

Brazil personal care application is projected to exceed a revenue margin of USD 1.7 million by 2023.

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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.

The industry is consolidated with the top four players- Futaste Pharmaceutical, Danisco (DuPont), Yucheng Lujian Biological Technology Co. Ltd., and Hangzhou Shouxing Biological Technology Co. Ltd. sharing 40% of the overall business space. With a strong production base in China, the region has become a prominent export destination. Pricing is one of the chief parameters ruling the competitive scenario.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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