Market outlook of xylitol
Publisher research analyst predicts the global
xylitol market to grow at a CAGR of around 7% during the forecast period. The
global xylitol market is anticipated to grow at a moderate pace owing to the
demand for safe, healthy, and economic sugar substitutes. Increasing health
concerns regarding lifestyle diseases such as high cholesterol, cardiovascular
issues, and obesity has raised consumer awareness regarding calorie intake that
in turn has propelled the demand for xylitol in the market.
Despite being driven by the growing number of
people with diabetes who choose natural sweeteners to maintain blood sugar
levels, the market growth is anticipated to witness challenges due to the
threat from substitute products. For instance, Sorbitol is 60% as sweet as
table sugar and is less expensive compared to xylitol. Sorbitol is around 60%
as sweet as table sugar and is less expensive compared to xylitol. It is the
most commonly used sweetener in sugar-free chewing gums and is also used in
over-the-counter medicines.
Segmentation by application and analysis of the xylitol
market
- Chewing gum
- Confectionery
- Pharmaceutical and personal care
The chewing gum segment accounted for nearly 675 of
the market share during 2015. An increased consumption of sugar-free chewing
gums worldwide is driving the growth of this segment. For instance, brands such
as Gross and Wrigley only use xylitol for the manufacture of sugar-free chewing
gums. Chewing sugar-free gums for 20 minutes increases the plaque pH level,
reducing the risk of tooth decay.
Geographical segmentation and analysis of the
global xylitol market
- APAC
- Europe
- Latin America
- North America
- ROW
Europe accounted for the largest market share
during 2015. The increase in the price of sugar has led to the high adoption of
xylitol as a substitute in this region. Xylitol products are used in dental
care products due to their non-cariogenic nature and aid in repairing minor
teeth cavities. They are also used in chewing gums, ice creams, chocolates, and
beverages.
Competitive landscape and key vendors
Intense competition, rapid technological
advancements, and frequent changes in consumer preferences constitute
significant risk factors for vendors in this market. The market is witnessing
consolidation with increased competition. Also, the influx of private labels in
the market is on the rise. Therefore, to survive and succeed in this intensely
competitive environment, it is imperative for vendors in the market to
distinguish their product and service offerings through a clear and unique
value proposition. The development of innovative products by vendors is
expected to help the market growth between 2016 and 2020.
The leading vendors in the market are -
- DuPont
- Cargill
- CSPC Shengxue Glucose
- Ingredion
- Mitsubishi Shoji Foodtech
Other prominent vendors in the market include
ZuChem, Hangzhou Shouxin Biological Technology, Novagreen, Tata Chemicals,
Roquette Frres, and Thomson Biotech.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020
- What are the key factors driving the global xylitol market
- What are the key market trends impacting the growth of the global xylitol market
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the vendors in the global xylitol market
- Trending factors influencing the market shares of the Europe, North America, APAC, Latin America, and the ROW
- What are the key outcomes of the five forces analysis of the global xylitol market
Spanning over 49 pages and 30 Exhibit “Global
Xylitol Market 2016-2020” report covers Executive summary, Scope of the report,
Market research methodology, Introduction, Market landscape, Global xylitol
market 2016-2020, Market segmentation by
application, Market segmentation by geography, Market drivers, Impact of
drivers, Market challenges, Impact of drivers and challenges, Market trends,
Vendor landscape.
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