Market Research Report
Xylitol Market Analysis By Application (Chewing Gum, Confectionery, Bakery, Oral Care), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecast, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||515283|
|Published||Content info||104 Pages
Delivery time: 2-3 business days
|Xylitol Market Analysis By Application (Chewing Gum, Confectionery, Bakery, Oral Care), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecast, 2014 - 2025|
|Published: May 8, 2017||Content info: 104 Pages||
The global xylitol market is expected to reach USD 1.37 billion by 2025, according to a new report by Grand View Research, Inc. Increased prevalence of lifestyle diseases such as diabetes and obesity accelerated demand for low calorie sweeteners. Several health benefits associated with xylitol such as tooth decay defying properties and low glycemic index have encouraged its usage in numerous applications.
Rising health concern has changed the buying behavior of consumers significantly. Consumers in developed and developing countries have exhibited growing preference for low calorie food and confectionery items. Changing customer need is anticipated to drive the xylitol market over the forecast period.
Rising demand for sugar-free chewing gum and confectionery was the key driver of the global xylitol market. Increasing presence of chewing gum, confectionary, and oral care product manufacturers in Asia Pacific region is estimated to bolster demand over the next few years.
Asia Pacific dominated the xylitol market, accounting for around 41% share of the global market revenue in 2015. Rising population, rapid urbanization, and changed lifestyle in developing countries of Asia Pacific has set new trends in the Asia Pacific market. Increased disposable income and risen consumer awareness in countries such as China, Japan, India, South Korea, Malaysia, Indonesia, and Singapore have spurred the demand for healthy products.