Xylitol Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The global xylitol market is forecasted to grow with a CAGR of 7.44 % during the forecast period (2019 - 2024).
Key HighlightsThe rising demand for sugar-free chewing gum and confectionery in both developed and developing markets is driving the market for non-calorie sweeteners, like xylitol. Hence, it is a common ingredient in sugar-free chewing gums, candies, mints, diabetes-friendly foods, and oral-care products. Rising concern about sugar intake has led to the collapse of sugared chewing gum consumption. In 2000, sales of gum with and without sugar was fairly close in the United States. But since then, that gap has ballooned. In 2017, sugar-free gum sales saw higher growth in sales, when compared to sugared chewing gum. The major chewing gum brands in the United States. like Trident to Orbit, Extra, Dentyne, 5, and Eclipse are specializing in sugar-free, mint-flavored gum.
United States is One of the Major Consumers of Xylitol in The Global Market.The United States is one of the major consumers of xylitol in the global market. The demand is high, due to multiple health benefits, like low calorific value, tooth decay defying properties, and low carbohydrate content which has encouraged the application among the health conscious consumers in the United States. The US FDA has approved the use of xylitol in foods for special dietary purposes, as a direct food additive, which further extends to all the other sugar-free and no-sugar-added products and has also classified it as ‘generally recognized as safe’ (GRAS). The US based global suppliers use wood as feedstock for the production of commercial xylitol. Xylitol has also been extensively approved for usage in oral hygiene products, pharmaceuticals, cosmetics, and toiletries.
Competitive LandscapeThe major players in the xylitol market are: Merck KGaA, DuPont, and Nova Green, among others. Cargill Inc. holds a prominent position in the industry, owing to its efficient distribution network and wide application in industrial area. The key companies are increasingly entering into agreements, in order to retain and substantially increase their share in the xylitol market. For an instance S2G Biochemicals and Mondelez International collaborated, to build xylitol plant in the United States.
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