LAMEA Xylitol Market By Form (Powder and Liquid), By Application (chewing gum, confectionery, bakery & other foods, oral care, and others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the LAMEA Xylitol Market
Market Report Description
The Latin America, Middle East and Africa Xylitol Market would witness market growth of 7.8% CAGR during the forecast period (2021-2027).
There are many food & beverage manufacturers who are adding Xylitol as a sugar-free sweetener to their food products since it contains less calories. People suffering from diabetes are using xylitol as a sugar replacement in some foods. By consuming xylitol, blood sugar levels would be maintained at a consistent level with xylitol than with sugar.
Corn cobs and birch barks are among the most commonly used raw material for the production of xylose in the industries. Xylose made by using corn cob is comparatively inexpensive than xylose produced from the birch tree.
Xylitol is gaining more popularity among the consumers as it is a natural sweetener with various health benefits. There is an increase in the usage of xylitol across various industries including dental care, food and beverages, and pharmaceutical, which is projected to spur the growth of the regional xylitol market over the forecast period. In addition, the COVID-19 pandemic has shown the importance of maintaining a healthy food habit, which would augment the growth of the regional xylitol market during the forecast period.
The Chewing Gum market dominated the LAMEA Xylitol Market by Application in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $40,872 Thousands by 2027. The Confectionery market is expected to witness a CAGR of 7% during (2021 - 2027). Additionally, The Oral Care market would witness highest CAGR of 9.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Xylitol Market is Predict to reach $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.
Scope of the Study
Market Segments Covered in the Report:
- Chewing Gum
- Bakery & other foods
- Oral Care
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 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
- Mitsubishi Electric Corporation
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