Global Xylose Market, By Product Type (L-Xylose, D-Xylose, DL-Xylose), Application (Food & Beverages, Cosmetics/ Personal Care, Animal Feed, Pharmaceutical, Biofuel Industry and Others), – Industry Trends and Forecast to 2029
Market Analysis and Size
In recent years, a paradigm shift in consumer preference for healthier and natural products has significantly fuelled the traction for xylose, particularly in the thriving food and beverage industry. The booming food and beverage industry and rising consumer health consciousness have boosted sales of natural food ingredients like plant-derived xylose. This indicates a subtle boom in the growth of the xylose market, in which companies are exploring product applications in broader industries to gain a stronger hold.
Data Bridge Market Research analyses that the xylose market which was growing at a value of 1,797.80 million in 2021 and is expected to reach the value of USD 2,738.21 million by 2029, at a CAGR of 5.4% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (L-Xylose, D-Xylose, DL-Xylose), Application (Food & Beverages, Cosmetics/ Personal Care, Animal Feed, Pharmaceutical, Biofuel Industry and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, UAE, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ADM (U.S.), Cargill Incorporated (U.S.), Roquette Freres (France), Ingredion Incorporated (U.S.), Tereos Starch & Sweeteners (Brazil), Ecogreen Oleochemicals Pte Ltd (Singapore), Gulshan Polyols Ltd. (India), Merck GmbH (Germany), SPI Pharma, Inc. (U.K.), Sukhjit Starch & Chemicals Ltd. (India), Dow (U.S.), Dupont Inc. (U.S.), Gujrat Ambuja Exports Ltd. (India), Jeecon Foods Pvt Ltd. (India)
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Opportunities
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Market Definition
Xylose is a pentose sugar with the chemical formula C5H10O5. Xylose is a by-product of xylene, which is the main component of hemicellulose found in all birch and reed floras. The industrial xylose production is maturing gradually. It is the source of xylitol and is used as a food sweetener in a variety of food products such as chocolates, biscuits, candies, cakes, fruit juices, and flavoured milk.
Xylose Market Dynamics
Drivers
- The growing prevalence of diabetes around the world
The rising prevalence of type 2 diabetes has resulted in a significant shift in consumer preference for diabetic sweeteners over conventional sugar, opening up new opportunities for market participants. Diabetic sweeteners such as xylose aid in the maintenance of a low glycaemic index and cholesterol levels, as well as the prevention of heart disease. While white sugar can raise insulin levels in the body, xylitol, a xylose derivative, has gained popularity as a crystalline aldose sugar that does not have the same effect and is widely used as a tea and coffee sweetener.
- The growing use of xylose in food industry especially in the confectionary sector
Due to its textural, moisture-stabilizing, and non-carcinogenic properties, the product's increasing use in chocolates and confectionary products is expected to boost market demand. Xylose is chemically relatively inert and a stable chemical, which leads to high demand for the product because it is simple to incorporate into other food products without interfering with the recipe. Xylose has a wide range of applications due to its unique and useful texture-enhancing properties, including the production of cosmetics.
Opportunity
Sugar price and supply fluctuations and growing demand for xylose in the food and beverage industries present an opportunity for the xylose market. People take xylose as a dietary supplement. It has a number of nutritional benefits, which are propelling the xylose market forward. Due to the increased awareness, organic or natural-based cosmetic and hygiene products are in high demand. It is also widely used in the production of oral and dental care products.
Restraints
Xylose availability is affected by seasonal factors. The weather greatly influences it, so its quality and price fluctuate. Xylose is being studied to see if it has any negative effects. These are some of the major impediments to the growth of the xylose market.
This xylose market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the xylose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Xylose Market
The COVID-19 outbreak has disrupted the entire supply chain, affecting manufacturers' consumption patterns and investment plans by forcing companies to adopt different and new operations policies with an eye on health and well-being problems for manufacturers on the production line. COVID-19 has reduced global sugar demand and impacted the sugar industry, which drives xylose demand. Consumers are becoming more health-conscious and looking for food products that provide health benefits. Furthermore, consumer awareness of the harmful effects of sugar on health is growing, and as a result, people are more inclined toward low-calorie and low-sugar food products, which drives the market.
Recent development
- Archer Daniels Midland Company, a global leader in nutrition and agricultural origination and processing, announced today the completion of its acquisition of Sojaprotein, a leading European provider of non-GMO soy ingredients based in Chicago, in 2021.
- Cargill, a US-based food processor, plans to acquire the bio-industrial business of Croda, a British specialty chemical maker, for approximately USD 1 billion in 2021 to continue its push into biobased chemicals in Europe, Asia, and the Netherlands.
- Ingredion signed a strategic distribution agreement with Batory Foods in 2020. The agreement calls for Ingredion's distributor to have a presence in Southern California to assist food and beverage manufacturers in obtaining the ingredients they need to produce and market their products.
Global Xylose Market Scope
The xylose market is segmented on the basis of product type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product type
- L-Xylose
- D-Xylose
- DL-Xylose
Application
- Food
- Beverage
- Animal feed
- Biofuel Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Others
Xylose Market Regional Analysis/Insights
The xylose market is analysed and market size insights and trends are provided by country, product type and application as referenced above.
The countries covered in the xylose market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, UAE, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
In Europe, Germany dominates the market as people become more aware of the health benefits of xylose, increasing demand for xylose in the region, whereas in North America, the United States dominates the market due to the region's high demand for processed foods, which drives xylose demand. However, as the population of the Asia-Pacific region grows, people are turning to low-calorie food products to maintain their health, and thus the demand for xylose in the region is increasing.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Xylose Market Share Analysis
The xylose market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to xylose market.
Some of the major players operating in the xylose market are:
- ADM (U.S.)
- Cargill Incorporated (U.S.)
- Roquette Freres (France)
- Ingredion Incorporated (U.S.)
- Tereos Starch & Sweeteners (Brazil)
- Ecogreen Oleochemicals Pte Ltd (Singapore)
- Gulshan Polyols Ltd. (India)
- Merck GmbH (Germany)
- SPI Pharma, Inc. (U.K.)
- Sukhjit Starch & Chemicals Ltd. (India)
- Dow (U.S.)
- Dupont Inc. (U.S.)
- Gujrat Ambuja Exports Ltd. (India)
- Jeecon Foods Pvt Ltd. (India)
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