The Asia Pacific Xylitol Market would witness market growth of 7.7% CAGR during the forecast period (2021-2027).
Xylitol is widely used in the manufacturing of various kinds of gum or oral care products like toothpaste and mouthwash. Oral care products manufacturers use xylitol since mouth bacteria cannot utilize xylitol as their energy source, thus, it helps in preventing tooth decay and plaque.
Factors like growing health awareness and the increasing consciousness among customers about the kind of food they consume would propel demand and growth of the xylitol market over the forecast period. Additionally, fast-paced urbanization along with the shifting consumer preference of sugar-free products is estimated to fuel the growth of the xylitol market in the upcoming years.
The shifting lifestyle of the consumers along with the increasing health awareness would spur the growth of the regional xylitol market in the coming years. There is an increase in the demand for chewing gum and confectionery items would fuel the demand for xylitol in the region. Along with that, rising cases of various chronic diseases and other kinds of dental problems would surge the growth of the regional xylitol market during the forecast period.
The Powder market dominated the Malaysia Xylitol Market by Form in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $14,076.8 Thousands by 2027. The Liquid market would exhibit a CAGR of 11.4% during (2021 - 2027).
Based on Form, the market is segmented into Powder and Liquid. Based on Application, the market is segmented into chewing gum, confectionery, bakery & other foods, oral care, and others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Xylitol Market is Projected to reach USD 891.5 Million by 2027, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill Corporation, Roquette Freres, International Flavors & Fragrances, Inc. (DuPont Nutrition), Dynamic Food Ingredients Corporation, zuChem, Inc., Thomson Biotech (Xiamen) Co., Ltd., NovaGreen, Inc., Zhejiang Huakang Pharmaceutical Co., Ltd., Foodchem International Corporation, and Mitsubishi Electric Corporation.
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