The North America Xylitol Market would witness market growth of 5.6% CAGR during the forecast period (2021-2027).
There has been a drastic rise in demand for xylitol across the food and nutraceutical industry, which is estimated to propel the growth of the xylitol market during the forecast period. This low in calorie & crystalline xylitol is extracted from fibrous plant foods & hardwood trees. This compound is the only sugar that offers the same level of sweetness just like sucrose or sugar.
The high demand for calorie-deficit food products and ingredients across the US would accelerate the growth of the overall xylitol market over the forecast period. In addition, the growing awareness among consumers regarding the benefits of natural products in general health management is anticipated to spur the demand for xylitol in the US market during the forecast period.
The rising prevalence of various chronic diseases like diabetes is creating more demand for xylitol across the region as it contains less calories and is a better substitute for regular sugar. The increase in the population of health-conscious people and the huge consumption of various bakery and confectionery items containing xylitol would accelerate the growth of the regional xylitol market in the upcoming years.
The US market dominated the North America Liquid Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $22,987 Thousands by 2027. The Canada market is anticipated to grow a CAGR of 9.5% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 8.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Xylitol Market is Estimated 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.
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