Xylitol Global Market to Cross $1 billion mark while Consumption Reaches 242k MTs by 2020
Friday 16 May 2014
Industry Experts has today unveiled the new market research report on Xylitol, a polyol/sugar alcohol sweetener. As per the new global report ‘Xylitol – A Global Market Overview’, it is expected that chewing remains the leading consumer of xylitol with 68% or 180 thousand metric tons in 2015 while Other Foods category that includes specialty foods targeted at diabetic people, bread and biscuits will grow faster during 2014-2020 with a CAGR of 7.6%.
Driven by increasingly health and weight conscious consumers, xylitol demand is expected to grow in sugar-free and low-calorie food products. Global market for xylitol is estimated at 161.5 thousand metric tons, valued at US$670 million in 2013 and expected to reach 242 thousand metric tons valued at just above US$1 billion by 2020, by growing at robust CAGRs of over 6% in terms of both volume and value. Chewing gum industry is projected to consume about 163 thousand metric tons by 2020 to remain the largest consumer of xylitol with 67% of global xylitol consumption. Estimated consumption of xylitol by chewing gum and confectionary was nearly 80% in 2010.
The study also analyzes the global alternative sweeteners market while exploring the Xylitol market with in-depth analysis of its end-use applications comprising Chewing Gum, Confectionary, Other Foods, Personal Care and Others. The analysis of alternative sweetener categories include High Intense Sweeteners - Saccharin, Aspartame, Cyclamate, Sucralose, Acesulfame-K, Neotame, Stevia and Others; and Polyols/Sugar Alcohols - Sorbitol, Mannitol, Maltitol, Xylitol, Erythritol, Lactitol and Isomalt. The global market data is illustrated in terms of both volume in metric tons and value in USD. A snapshot of the global competitive landscape is illustrated along with the installed and planned capacities of major manufacturers.
This 293 pages global market report reviews, analyses and projects the Xylitol market for global and the regional markets including North America, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 15 independent countries across North America – The United States, Canada and Mexico; Europe – Germany, France, Italy, Spain, UK, Finland and Russia; Asia-Pacific – China, Japan, South Korea, Australia and India. The study includes 187 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 19 major global players that are engaged in manufacturing of xylitol and also includes the companies which are planning to enter the foray.
Hyderabad, India based Industry Experts is a multi industry focused business information provider.
For more details, please visit https://industry-experts.com/verticals/general/xylitol-a-global-market-overview.html