Market Forecast by Countries (United States, Canada), By Application (Chewing gum, Confectionary, Food, Personal care, Pharmaceuticals, Nutraceuticals) And Competitive Landscape
Product Code: ETC406670 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
North America xylitol market is expected to grow during the forecast period 2019-2024. This growth can be attributed to the growing awareness about the benefits of xylitol, such as its potential to prevent tooth decay, and its low-calorie count. Xylitol is also being used in food products as an artificial sweetener and preservative.
According to 6Wresearch, the North America Xylitol Market size is expected to grow during 2022-2028. Xylitol is a natural sweetener produced from the fibers of various hardwood plants. It is naturally occurring in plant fibers, fruit rinds and vegetables, but it also occurs as a by-product of industrial processes used to produce cellulose. In 2012, North America was the second largest producer of xylitol in the world, with China being the leading country. With an increase in demand for food and beverage products containing xylitol, the North America xylitol market is expected to grow over the period.
Xylitol is an artificial sweetener that has been shown to have a lower glycemic index than other common sweeteners, making it a suitable choice for those with diabetes or who are looking to reduce their carbohydrate intake. It is also beneficial for people with bowel issues as it can help promote regularity. In addition, xylitol has been shown to be a safe and effective natural treatment for tooth decay in children and adults. Xylitol products are available in various forms such as powder, crystals, tablets, lozenges, syrups, and capsules.
The key drivers for this North America Xylitol Market revenue include the increasing popularity of xylitol-based foods and beverages, as well as decreasing tooth decay rates in North America.
The growth is mainly attributed to the increasing popularity of xylitol in various food & beverage products, such as chewing gums, candies, and baked goods. This increase in demand for xylitol is attributed to its numerous benefits, such as its anti-cariogenic properties.
There are several reasons for this growth:
However, some regulatory hurdles are hampering the North America Xylitol Market growth in the region. For instance, Canada has imposed a limit on the amount of xylitol that can be present in any one product (10 mg/kg). This limitation may hinder the industry's growth owing to increased costs associated with manufacturing products containing higher levels of xylitol. Additionally, Mexico has imposed limitations on the production and use of xylitol-containing sweeteners owing to concerns over its safety profile.
Nevertheless, despite these challenges, manufacturers are continuing to explore ways to overcome them by developing innovative marketing strategies and product formulations that can cater to regional preferences. Moreover, technological advancements such as ultra-low calorie sweeteners manufactured using xylitol are also likely to drive demand for this type of sweetener in future .
Chewing gum is one of the most popular applications of xylitol. It is a natural sweetener that helps control appetite and reduces the risk of tooth decay. Confectionary products are another major application segment of the North America Xylitol Market share. These products include chocolates, candies, cake mixes, and other bakery items. Food items such as cakes, cookies, pies, and pastries are also major end users of xylitol. Personal care products such as toothpaste, mouthwash, shampoo, and deodorant are also top consumers of xylitol. Pharmaceuticals including painkillers and asthma medications are other significant buyers of xylitol in North America. Nutraceuticals such as snacks that contain xylitol have been gaining popularity among consumers owing to their low calorie content.
COVID-19 has impacted the Global xylitol market in a number of ways. First, the pandemic has led to increased demand for xylitol-based products as people look for ways to boost their immune systems. This has resulted in higher prices for xylitol and some shortages of the product. Second, the closure of many businesses during the pandemic has reduced the amount of xylitol production, leading to further price increases. Finally, the rise in online shopping during COVID-19 has allowed consumers to purchase xylitol from international markets, which have not been impacted by the pandemic to the same extent as North America.
The North America xylitol market is fragmented, with a number of smaller players. This lack of market consolidation is due in part to the various benefits that xylitol offers, as well as the wide range of applications that it can be used in.
The report offers a comprehensive study of the subsequent market segments: