Lucintel’s latest market report analyzed that xylose provides attractive opportunities in the food industry. The xylose market is expected to grow at a CAGR of 6%-7%. In this market, D-Xylose is the largest segment by product type, whereas food is largest by end use industry.
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Based on product type, the xylose market is segmented into D-Xylose, L-Xylose, and DL-Xylose. The D-Xylose segment is accounted for the largest share of the market in 2020 due to its increasing use as a diabetic sweetener in the food and beverage industry and as an intermediate in pharmaceuticals.
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The xylose market is marked by the presence of several big and small players. Some of the prominent players offering xylose include DuPont de Nemours, Shandong Futaste, Zhejiang Huakang, Healtang Biotech, Synthite Industries Ltd, DoTERRA, and Greenleafextraction Pvt. Ltd.
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