QYResearch: The global production of Xylooligosaccharides is forecast to reach $ 120 million in 2022
Analyst: Chen Lijun
Company：QYResearch
Due to raw materials and environmental problems. The Xylooligosaccharides is major produced in China and Japan. At present, in China, the Xylooligosaccharides industry is generally at a more advanced level. The world's largest manufacturer is Longlive which accounted for approximately 51.58% of the global production of Xylooligosaccharides in 2016. The other competitors include Longlive, Kangwei, HFsugar, Henan Shengtai, YIBIN YATAI, HBTX, YuHua, ShunTian.
According to QYResearch, the sales volume of global Xylooligosaccharides market will grow 7.60% to 9453 MT in 2017. The sales revenue of global Xylooligosaccharides market will grow 6.54 percent to $ 93.85 million USD in 2017. China has become the largest consumption country at now and it may keep on growing in the next few years.
There is a growing interest in the production of XOS due to their applicability as functional foods. Although the main consumers of XOS are countries like Japan and China, the demand in the USA and other developed countries is also growing constantly. The market price for XOS is relatively high at $6-8/kg (based on the XOS 70%), where the price depends upon the level of purity of the product.
Compared with other functional oligosaccharides, such as fructo-oligosaccharide (FOS) and galacto-oligosaccharide (GOS), the consumption of XOS in China increased quite slowly in recent years, due to its small serving size in downstream products and its low popularity among the Chinese public. Although FOS is currently the main functional oligosaccharide consumed in developed countries, its efficacy is not as good as that of XOS. Besides, the public's health consciousness in developed countries, such as the US, are higher than in China, which hints that products with health care function will be more popular in these countries.
It can be forecasted that the demand for XOS in developed countries will have a rapid growth in future for the feature of XOS is better than other functional sugar. Although Xylooligosaccharides brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
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Marketing: sales@qyresearch.com
Analyst: chenglijun@qyresearch.com
Media Contact: press@qyresearch.com
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