Xylo-oligosaccharides Market

Xylo-oligosaccharides Market – Size, Share,
Outlook, and Opportunity Analysis, 2018 – 2026
Xylo-oligosaccharide (XOS) is a low degree sugar polymer considered as potential
non-digestible sugar and known for its characteristic dietary fibers.
Xylo-oligosaccharides were in use since ancient time but it were not popular
compared to other carbohydrates such as sugar and edible polymer.
Xylo-oligosaccharides are naturally found in fruits, vegetables, bamboo shoots, milk,
honey and others. Utility of xylo-oligosaccharides are not only limited for its
neutraceuticals properties but it is also widely used in food and beverages industry
and as a source of animal feed.
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Xylo-oligosaccharides have economic benefits as it can be produced from
agricultural waste. The waste generated from agro industries mainly consists of plant
biomass that can be converted into non-digestible sugars. XOS have great potential
as a prebiotic, which helps in reduction of LDL cholesterol, maintaining intestinal pH
value, and improves immunological systems.
Market Dynamics
Xylo-oligosaccharide has wide applications in neutraceuticals & pharmaceuticals and
food & beverages industry. In food & beverages industry, XOS is used as an additive
in soy milk, soft drinks, jams, honey, tea, cocoa drinks, and dairy products (such as
milk and yoghurt) to formulate healthy food. XOS has prebiotic potential and its
exceptional health benefits include enhancing absorption of calcium, reduces risk of
colon cancer, improvement in bowel function, and act as an antioxidant. These
health benefits will drive growth of the global xylo-oligosaccharides market.
Popularity and increasing consumption of prebiotics is projected to boost demand for
xylo-oligosaccharide in the forecast period. According to U.S. Department of Health
& Human Services, the consumption of prebiotics and probiotics by adults in the U.S.
has increased by four times during 2012 – 2007.
However, production of xylo-oligosaccharides requires large amount of investment
and costly & specialized equipment. Moreover, production of xylo-oligosaccharides
generates unwanted products such as furfural and hydroxymethyl furfural in the
mixture of XOS which can cause skin allergy, such disadvantages may restraint
growth of the xylo-oligosaccharides market.
Market Outlook
Among applications, neutraceuticals & pharmaceuticals segment accounted for the
highest market share in the global xylo-oligosaccharides market in 2017. This is due
to various advantages of XOS such as water binding capacity, sweetening ability,
and fat replacement value. Moreover, xylo-oligosaccharides have a host of health
benefits such as it act as an anti-allergic, antioxidant, and anti-inflammatory. Such
advantages will attract more pharmaceuticals & neutraceuticals companies to adopt
xylo-oligosaccharides as a non-digestible sugar in their products.
North America held the highest market share in the global xylo-oligosaccharides
market in 2017 and is projected to remain the dominant region during the forecast
period. This is due to rising health awareness among consumers. According to U.S.
Department of Health & Human Services, 3.9 million adult population consumed
prebiotic or probiotic products in 2016.
Asia Pacific is projected to be the fastest growing region in the market over the
forecast period, owing to increasing number of pharmaceutical industries and rising
incidence of diabetes in the region. For instance, according to Indian Brand Equity
Foundation (IBEF), pharmaceutical industry is the third-largest industry in India in
terms of volume and accounted for around 20% of the global pharmaceutical
industries in 2017. Asia is home to most diabetic patients in the world. In 2017,
according to International Diabetes Federation, diabetic population of India and
China accounted for 8.8% and 10.9% of the total adult’s diabetic population of the
respective countries.
Key Players in Global Xylo-oligosaccharides market
Key players operating in the global xylo-oligosaccharides market include Fengyuan
Zhongke, Hebi Taixin, Hengfeng Sugar, Huaian Baimai Keyu, Kanwei Biologic,
Longlive, Suntory,Suzhou Xiankuo, and Yatai.
Manufacturers are innovating and launching new types of xylo-oligosaccharide
products in order to meet rising demand from consumers. For instance, in March
2018, Wonder Drink Company launched Prebiotic Kombucha, an innovated drink
that adds prebiotic in its existing product.
Key players are focusing on adopting various inorganic growth strategies such as
mergers and acquisitions, joint ventures, partnerships, marketing, and new product
launches to strengthen their foothold in the global xylo-oligosaccharides market. For
instance, in April 3, 2018, UAS Laboratories LLC, a probiotic company acquired
Nebraska Cultures, a neutraceuticals company. This merger will help UAS
Laboratories to cater the market of nutraceuticals and the company will continue the
production of spore-based probiotics, Lactobacillus acidophilus DDS-1 and ProDura.
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The research report Xylo-oligosaccharides Market is segmented by Product Type by Application and by Region – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026