Industry: Food & Beverages
Published Date: 2024-11-29
Pages: 83 Pages
Report ld: 2498511
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Pure Monk Fruit Extract Market Size(US$)

CAGR 2024-2030
21.6%
Market Size,2030
USD 543
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Pure Monk Fruit Extract was valued at US$ 135 million in the year 2023 and is projected to reach a revised size of US$ 543 million by 2030, growing at a CAGR of 21.6% during the forecast period.
Monk Fruit, also known as Luo Han Guo or swingle fruit (Siraitia grosvenorii), is a small round fruit native to southern China. It has been used for centuries in Eastern medicine as a cold and digestive aid, and now it is also being used to sweeten foods and beverages. Mogroside V is the principal sweetening component. Other components include: mogroside II, mogroside III, mogroside IV, mogroside VI, flavonoids, melanoidins, and protein fragments. It is offwhite to light yellow powder, and a non-nutritive sweetener. Monk Fruit Extract is freely soluble in water and is approximately 230-260 times sweeter than sucrose.
The classification of monk fruit extract includes 30%-50% Mogroside-V, ≥50% Mogroside-V and Others. In 2023, ≥50% Mogroside-V accounted for a share of 64% in the global monk fruit extract market.
monk fruit extract is widely used in Food and Beverage, Medicines and Health Products and Other. In monk fruit extract market, the Food and Beverage holds an important share in terms of Application.
North America is the largest consumption place, with a consumption market share nearly 45% in 2023.
Market competition is intense. Monk Fruit Corp, Layn, Hunan Huacheng Biotech, etc. are the leaders of the industry, with high-end customers. The top three manufacturers held 80% of the market, in terms of monk fruit extract revenue in 2023.
Market development trend
Improve purity and functionality:
With the advancement of biotechnology and enzymatic extraction technology, monk fruit extract will be able to achieve higher purity and better stability to meet the needs of the high-end market.
At the same time, in-depth scientific research will further explore the functionality of monk fruit extract, such as antioxidant and anti-inflammatory properties, thereby expanding its application areas in health foods and medicines.
Product innovation and diversification:
Manufacturers and manufacturers continue to launch new monk fruit extract products to meet the diverse needs of consumers. For example, develop monk fruit extract products with different sweetness levels and different forms (such as powder, liquid, etc.).
Market expansion and internationalization:
With the continued attention of global consumers to healthy diets and the continuous introduction of new products, the monk fruit extract market will continue to maintain a rapid growth trend.
At the same time, monk fruit extract manufacturers are also actively expanding overseas markets, establishing cooperative relationships with well-known global companies and brands, and jointly promoting the prosperity and development of the monk fruit extract market.
This report aims to provide a comprehensive presentation of the global market for Pure Monk Fruit Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pure Monk Fruit Extract.
The Pure Monk Fruit Extract market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Pure Monk Fruit Extract market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Pure Monk Fruit Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Pure Monk Fruit Extract manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Pure Monk Fruit Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Pure Monk Fruit Extract Market Overview
1.1 Product Definition
1.2 Pure Monk Fruit Extract by Type
1.2.1 Global Pure Monk Fruit Extract Market Value Comparison by Type (2024-2030)
1.2.2 Liquid
1.2.3 Powder
1.3 Pure Monk Fruit Extract by Application
1.3.1 Global Pure Monk Fruit Extract Market Value by Application (2024-2030)
1.3.2 Food and Beverage
1.3.3 Medicines and Health Products
1.3.4 Others
1.4 Global Pure Monk Fruit Extract Market Size Estimates and Forecasts
1.4.1 Global Pure Monk Fruit Extract Revenue 2019-2030
1.4.2 Global Pure Monk Fruit Extract Sales 2019-2030
1.4.3 Global Pure Monk Fruit Extract Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Pure Monk Fruit Extract Market Competition by Manufacturers
2.1 Global Pure Monk Fruit Extract Sales Market Share by Manufacturers (2019-2024)
2.2 Global Pure Monk Fruit Extract Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Pure Monk Fruit Extract Average Price by Manufacturers (2019-2024)
2.4 Global Key Players of Pure Monk Fruit Extract, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Pure Monk Fruit Extract, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Pure Monk Fruit Extract, Product Type & Application
2.7 Global Key Manufacturers of Pure Monk Fruit Extract, Date of Enter into This Industry
2.8 Global Pure Monk Fruit Extract Market Competitive Situation and Trends
2.8.1 Global Pure Monk Fruit Extract Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Pure Monk Fruit Extract Players Market Share by Revenue
2.8.3 Global Pure Monk Fruit Extract Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Pure Monk Fruit Extract Market Scenario by Region
3.1 Global Pure Monk Fruit Extract Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Pure Monk Fruit Extract Sales by Region: 2019-2030
3.2.1 Global Pure Monk Fruit Extract Sales by Region: 2019-2024
3.2.2 Global Pure Monk Fruit Extract Sales by Region: 2025-2030
3.3 Global Pure Monk Fruit Extract Revenue by Region: 2019-2030
3.3.1 Global Pure Monk Fruit Extract Revenue by Region: 2019-2024
3.3.2 Global Pure Monk Fruit Extract Revenue by Region: 2025-2030
3.4 North America Pure Monk Fruit Extract Market Facts & Figures by Country
3.4.1 North America Pure Monk Fruit Extract Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Pure Monk Fruit Extract Sales by Country (2019-2030)
3.4.3 North America Pure Monk Fruit Extract Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Pure Monk Fruit Extract Market Facts & Figures by Country
3.5.1 Europe Pure Monk Fruit Extract Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Pure Monk Fruit Extract Sales by Country (2019-2030)
3.5.3 Europe Pure Monk Fruit Extract Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Pure Monk Fruit Extract Market Facts & Figures by Region
3.6.1 Asia Pacific Pure Monk Fruit Extract Market Size by Region: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Pure Monk Fruit Extract Sales by Region (2019-2030)
3.6.3 Asia Pacific Pure Monk Fruit Extract Revenue by Region (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Southeast Asia
3.7 Latin America Pure Monk Fruit Extract Market Facts & Figures by Country
3.7.1 Latin America Pure Monk Fruit Extract Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Pure Monk Fruit Extract Sales by Country (2019-2030)
3.7.3 Latin America Pure Monk Fruit Extract Revenue by Country
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Pure Monk Fruit Extract Market Facts & Figures by Country
3.8.1 Middle East and Africa Pure Monk Fruit Extract Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Pure Monk Fruit Extract Sales by Country (2019-2030)
3.8.3 Middle East and Africa Pure Monk Fruit Extract Revenue by Country
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Pure Monk Fruit Extract Sales by Type (2019-2030)
4.1.1 Global Pure Monk Fruit Extract Sales by Type (2019-2024)
4.1.2 Global Pure Monk Fruit Extract Sales by Type (2025-2030)
4.1.3 Global Pure Monk Fruit Extract Sales Market Share by Type (2019-2030)
4.2 Global Pure Monk Fruit Extract Revenue by Type (2019-2030)
4.2.1 Global Pure Monk Fruit Extract Revenue by Type (2019-2024)
4.2.2 Global Pure Monk Fruit Extract Revenue by Type (2025-2030)
4.2.3 Global Pure Monk Fruit Extract Revenue Market Share by Type (2019-2030)
4.3 Global Pure Monk Fruit Extract Price by Type (2019-2030)
5 Segment by Application
5.1 Global Pure Monk Fruit Extract Sales by Application (2019-2030)
5.1.1 Global Pure Monk Fruit Extract Sales by Application (2019-2024)
5.1.2 Global Pure Monk Fruit Extract Sales by Application (2025-2030)
5.1.3 Global Pure Monk Fruit Extract Sales Market Share by Application (2019-2030)
5.2 Global Pure Monk Fruit Extract Revenue by Application (2019-2030)
5.2.1 Global Pure Monk Fruit Extract Revenue by Application (2019-2024)
5.2.2 Global Pure Monk Fruit Extract Revenue by Application (2025-2030)
5.2.3 Global Pure Monk Fruit Extract Revenue Market Share by Application (2019-2030)
5.3 Global Pure Monk Fruit Extract Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Monk Fruit Corp
6.1.1 Monk Fruit Corp Company Information
6.1.2 Monk Fruit Corp Description and Business Overview
6.1.3 Monk Fruit Corp Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Monk Fruit Corp Pure Monk Fruit Extract Product Portfolio
6.1.5 Monk Fruit Corp Recent Developments/Updates
6.2 Layn
6.2.1 Layn Company Information
6.2.2 Layn Description and Business Overview
6.2.3 Layn Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Layn Pure Monk Fruit Extract Product Portfolio
6.2.5 Layn Recent Developments/Updates
6.3 Hunan Huacheng Biotech
6.3.1 Hunan Huacheng Biotech Company Information
6.3.2 Hunan Huacheng Biotech Description and Business Overview
6.3.3 Hunan Huacheng Biotech Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Hunan Huacheng Biotech Pure Monk Fruit Extract Product Portfolio
6.3.5 Hunan Huacheng Biotech Recent Developments/Updates
6.4 GLG Life Tech
6.4.1 GLG Life Tech Company Information
6.4.2 GLG Life Tech Description and Business Overview
6.4.3 GLG Life Tech Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.4.4 GLG Life Tech Pure Monk Fruit Extract Product Portfolio
6.4.5 GLG Life Tech Recent Developments/Updates
6.5 Guilin Sanleng Biotech
6.5.1 Guilin Sanleng Biotech Company Information
6.5.2 Guilin Sanleng Biotech Description and Business Overview
6.5.3 Guilin Sanleng Biotech Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Guilin Sanleng Biotech Pure Monk Fruit Extract Product Portfolio
6.5.5 Guilin Sanleng Biotech Recent Developments/Updates
6.6 Guilin Saraya Biotech
6.6.1 Guilin Saraya Biotech Company Information
6.6.2 Guilin Saraya Biotech Description and Business Overview
6.6.3 Guilin Saraya Biotech Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Guilin Saraya Biotech Pure Monk Fruit Extract Product Portfolio
6.6.5 Guilin Saraya Biotech Recent Developments/Updates
6.7 Hunan Nutramax
6.7.1 Hunan Nutramax Company Information
6.7.2 Hunan Nutramax Description and Business Overview
6.7.3 Hunan Nutramax Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Hunan Nutramax Pure Monk Fruit Extract Product Portfolio
6.7.5 Hunan Nutramax Recent Developments/Updates
6.8 Hunan Delore
6.8.1 Hunan Delore Company Information
6.8.2 Hunan Delore Description and Business Overview
6.8.3 Hunan Delore Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Hunan Delore Pure Monk Fruit Extract Product Portfolio
6.8.5 Hunan Delore Recent Developments/Updates
6.9 Guilin Newtech Biotechnology
6.9.1 Guilin Newtech Biotechnology Company Information
6.9.2 Guilin Newtech Biotechnology Description and Business Overview
6.9.3 Guilin Newtech Biotechnology Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Guilin Newtech Biotechnology Pure Monk Fruit Extract Product Portfolio
6.9.5 Guilin Newtech Biotechnology Recent Developments/Updates
6.10 Chenguang Biotech Group
6.10.1 Chenguang Biotech Group Company Information
6.10.2 Chenguang Biotech Group Description and Business Overview
6.10.3 Chenguang Biotech Group Pure Monk Fruit Extract Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Chenguang Biotech Group Pure Monk Fruit Extract Product Portfolio
6.10.5 Chenguang Biotech Group Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Pure Monk Fruit Extract Industry Chain Analysis
7.2 Pure Monk Fruit Extract Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Pure Monk Fruit Extract Production Mode & Process
7.4 Pure Monk Fruit Extract Sales and Marketing
7.4.1 Pure Monk Fruit Extract Sales Channels
7.4.2 Pure Monk Fruit Extract Distributors
7.5 Pure Monk Fruit Extract Customers
8 Pure Monk Fruit Extract Market Dynamics
8.1 Pure Monk Fruit Extract Industry Trends
8.2 Pure Monk Fruit Extract Market Drivers
8.3 Pure Monk Fruit Extract Market Challenges
8.4 Pure Monk Fruit Extract Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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