Industry: Food & Beverages
Published Date: 2024-11-29
Pages: 104 Pages
Report ld: 3389755
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Monk Fruit Extract Powder Market Size(US$)

CAGR 2024-2030
26.4%
Market Size,2030
USD 1,125
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Monk Fruit Extract Powder was estimated to be worth US$ 215 million in 2023 and is forecast to a readjusted size of US$ 1125 million by 2030 with a CAGR of 26.4% during the forecast period 2024-2030.
Monk fruit, also known as Luo Han Guo, is a zero-calorie sweetener that's been gaining popularity in the United States. The fruit comes from the Siraitia grosvenorii plant, which is native to southern parts of China. Monk fruit extract is 300 times sweeter than table sugar and doesn't impact blood sugar levels.
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
Improving 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 and establishing cooperative relationships with globally renowned companies and brands to jointly promote the prosperous development of the monk fruit extract market.
This report aims to provide a comprehensive presentation of the global market for Monk Fruit Extract Powder, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Monk Fruit Extract Powder by region & country, by Type, and by Application.
The Monk Fruit Extract Powder market size, estimations, and forecasts are provided in terms of sales volume (Ton) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Monk Fruit Extract Powder.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Monk Fruit Extract Powder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Monk Fruit Extract Powder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Monk Fruit Extract Powder in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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 Market Overview
1.1 Monk Fruit Extract Powder Product Introduction
1.2 Global Monk Fruit Extract Powder Market Size Forecast
1.2.1 Global Monk Fruit Extract Powder Sales Value (2019-2030)
1.2.2 Global Monk Fruit Extract Powder Sales Volume (2019-2030)
1.2.3 Global Monk Fruit Extract Powder Sales Price (2019-2030)
1.3 Monk Fruit Extract Powder Market Trends & Drivers
1.3.1 Monk Fruit Extract Powder Industry Trends
1.3.2 Monk Fruit Extract Powder Market Drivers & Opportunity
1.3.3 Monk Fruit Extract Powder Market Challenges
1.3.4 Monk Fruit Extract Powder Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Monk Fruit Extract Powder Players Revenue Ranking (2023)
2.2 Global Monk Fruit Extract Powder Revenue by Company (2019-2024)
2.3 Global Monk Fruit Extract Powder Players Sales Volume Ranking (2023)
2.4 Global Monk Fruit Extract Powder Sales Volume by Company Players (2019-2024)
2.5 Global Monk Fruit Extract Powder Average Price by Company (2019-2024)
2.6 Key Manufacturers Monk Fruit Extract Powder Manufacturing Base and Headquarters
2.7 Key Manufacturers Monk Fruit Extract Powder Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Monk Fruit Extract Powder
2.9 Monk Fruit Extract Powder Market Competitive Analysis
2.9.1 Monk Fruit Extract Powder Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Monk Fruit Extract Powder Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Monk Fruit Extract Powder as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 30%-50% Mogroside-V
3.1.2 Above 50% Mogroside-V
3.1.3 Others
3.2 Global Monk Fruit Extract Powder Sales Value by Type
3.2.1 Global Monk Fruit Extract Powder Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Monk Fruit Extract Powder Sales Value, by Type (2019-2030)
3.2.3 Global Monk Fruit Extract Powder Sales Value, by Type (%) (2019-2030)
3.3 Global Monk Fruit Extract Powder Sales Volume by Type
3.3.1 Global Monk Fruit Extract Powder Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Monk Fruit Extract Powder Sales Volume, by Type (2019-2030)
3.3.3 Global Monk Fruit Extract Powder Sales Volume, by Type (%) (2019-2030)
3.4 Global Monk Fruit Extract Powder Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food and Beverage
4.1.2 Medicines and Health Products
4.1.3 Others
4.2 Global Monk Fruit Extract Powder Sales Value by Application
4.2.1 Global Monk Fruit Extract Powder Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Monk Fruit Extract Powder Sales Value, by Application (2019-2030)
4.2.3 Global Monk Fruit Extract Powder Sales Value, by Application (%) (2019-2030)
4.3 Global Monk Fruit Extract Powder Sales Volume by Application
4.3.1 Global Monk Fruit Extract Powder Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Monk Fruit Extract Powder Sales Volume, by Application (2019-2030)
4.3.3 Global Monk Fruit Extract Powder Sales Volume, by Application (%) (2019-2030)
4.4 Global Monk Fruit Extract Powder Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Monk Fruit Extract Powder Sales Value by Region
5.1.1 Global Monk Fruit Extract Powder Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Monk Fruit Extract Powder Sales Value by Region (2019-2024)
5.1.3 Global Monk Fruit Extract Powder Sales Value by Region (2025-2030)
5.1.4 Global Monk Fruit Extract Powder Sales Value by Region (%), (2019-2030)
5.2 Global Monk Fruit Extract Powder Sales Volume by Region
5.2.1 Global Monk Fruit Extract Powder Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Monk Fruit Extract Powder Sales Volume by Region (2019-2024)
5.2.3 Global Monk Fruit Extract Powder Sales Volume by Region (2025-2030)
5.2.4 Global Monk Fruit Extract Powder Sales Volume by Region (%), (2019-2030)
5.3 Global Monk Fruit Extract Powder Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Monk Fruit Extract Powder Sales Value, 2019-2030
5.4.2 North America Monk Fruit Extract Powder Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Monk Fruit Extract Powder Sales Value, 2019-2030
5.5.2 Europe Monk Fruit Extract Powder Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Monk Fruit Extract Powder Sales Value, 2019-2030
5.6.2 Asia Pacific Monk Fruit Extract Powder Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Monk Fruit Extract Powder Sales Value, 2019-2030
5.7.2 South America Monk Fruit Extract Powder Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Monk Fruit Extract Powder Sales Value, 2019-2030
5.8.2 Middle East & Africa Monk Fruit Extract Powder Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Monk Fruit Extract Powder Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Monk Fruit Extract Powder Sales Value
6.2.1 Key Countries/Regions Monk Fruit Extract Powder Sales Value, 2019-2030
6.2.2 Key Countries/Regions Monk Fruit Extract Powder Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Monk Fruit Extract Powder Sales Value, 2019-2030
6.3.2 United States Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Monk Fruit Extract Powder Sales Value, 2019-2030
6.4.2 Europe Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Monk Fruit Extract Powder Sales Value, 2019-2030
6.5.2 China Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.5.3 China Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Monk Fruit Extract Powder Sales Value, 2019-2030
6.6.2 Japan Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Monk Fruit Extract Powder Sales Value, 2019-2030
6.7.2 South Korea Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Monk Fruit Extract Powder Sales Value, 2019-2030
6.8.2 Southeast Asia Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Monk Fruit Extract Powder Sales Value, 2019-2030
6.9.2 India Monk Fruit Extract Powder Sales Value by Type (%), 2023 VS 2030
6.9.3 India Monk Fruit Extract Powder Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Monk Fruit Corp
7.1.1 Monk Fruit Corp Company Information
7.1.2 Monk Fruit Corp Introduction and Business Overview
7.1.3 Monk Fruit Corp Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 Monk Fruit Corp Monk Fruit Extract Powder Product Offerings
7.1.5 Monk Fruit Corp Recent Development
7.2 Layn
7.2.1 Layn Company Information
7.2.2 Layn Introduction and Business Overview
7.2.3 Layn Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 Layn Monk Fruit Extract Powder Product Offerings
7.2.5 Layn Recent Development
7.3 Hunan Huacheng Biotech
7.3.1 Hunan Huacheng Biotech Company Information
7.3.2 Hunan Huacheng Biotech Introduction and Business Overview
7.3.3 Hunan Huacheng Biotech Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Hunan Huacheng Biotech Monk Fruit Extract Powder Product Offerings
7.3.5 Hunan Huacheng Biotech Recent Development
7.4 GLG Life Tech
7.4.1 GLG Life Tech Company Information
7.4.2 GLG Life Tech Introduction and Business Overview
7.4.3 GLG Life Tech Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 GLG Life Tech Monk Fruit Extract Powder Product Offerings
7.4.5 GLG Life Tech Recent Development
7.5 Guilin Sanleng Biotech
7.5.1 Guilin Sanleng Biotech Company Information
7.5.2 Guilin Sanleng Biotech Introduction and Business Overview
7.5.3 Guilin Sanleng Biotech Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 Guilin Sanleng Biotech Monk Fruit Extract Powder Product Offerings
7.5.5 Guilin Sanleng Biotech Recent Development
7.6 Guilin Saraya Biotech
7.6.1 Guilin Saraya Biotech Company Information
7.6.2 Guilin Saraya Biotech Introduction and Business Overview
7.6.3 Guilin Saraya Biotech Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Guilin Saraya Biotech Monk Fruit Extract Powder Product Offerings
7.6.5 Guilin Saraya Biotech Recent Development
7.7 Hunan Nutramax
7.7.1 Hunan Nutramax Company Information
7.7.2 Hunan Nutramax Introduction and Business Overview
7.7.3 Hunan Nutramax Monk Fruit Extract Powder Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 Hunan Nutramax Monk Fruit Extract Powder Product Offerings
7.7.5 Hunan Nutramax Recent Development
8 Industry Chain Analysis
8.1 Monk Fruit Extract Powder Industrial Chain
8.2 Monk Fruit Extract Powder Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Monk Fruit Extract Powder Sales Model
8.5.2 Sales Channel
8.5.3 Monk Fruit Extract Powder Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Published: 2024-11-29
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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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