Global xylitol market is expected to surpass US$ 738.1 million by the end of 2030 and exhibit a CAGR of 5.7% during the forecast period (2022 to 2030).
By application, the xylitol market is classified into Pharmaceuticals, Food & Beverages, Cosmetics & Toiletries, Personal Care, Others. Food & Beverages is garnered the xylitol market share in 2021 owing to rising preference for low-calorie confectionery products throughout the globe. Moreover, xylitol is used for oral health care products as it offer anti-cariogenic properties. Xylitol is also decreases tooth-decay which is further driving the food & beverages segment growth. On the other hand, cosmetics & toiletries segment is projected to show healthy CAGR during the forecast period due to usages of xylitol in various kinds of skin care products.
By form, the xylitol industry is segmented into liquid and powder. Among these segments, the powder is accounted for the highest share in 2021. The powder form of xylitol is easy to handle and to store. Moreover, it is easily available which further offers different kinds of applications. This is one of the key factors to propel the segmental growth. Owing to the cost-effectiveness of liquid form of xylitol is expected to register the highest CAGR during the forecast period.
Market Trends
The usages of xylitol across skin care products
Xylitol is used to maintain collagen level of the skin and further give softness to the skin. Also it used among the skin care products owing to its water-preserving characteristics. Thus, rising demand for skin care products which made with xylitol is likely to create lucrative opportunity across the xylitol industry players during the review period.
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