date:May 17, 2012
pany, the global market for xylitol stands at around $400-500m, while the US market is estimated at $159m.
It said the sweetener had seen a compound annual growth rate of nearly 25% since 2002.
NovaGreen claims its production costs are lower than the current large-volume wholesale price of about $4.50/kg Cdn, or $2.05/lb.