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.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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