Industry: Food & Beverages
Published Date: 2024-11-29
Pages: 95 Pages
Report ld: 3389785
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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 estimated to be worth US$ 135 million in 2023 and is forecast to a readjusted size of US$ 543 million by 2030 with a CAGR of 21.6% during the forecast period 2024-2030.
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, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Pure Monk Fruit Extract by region & country, by Type, and by Application.
The Pure Monk Fruit Extract market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) 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 Pure Monk Fruit Extract.
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 Pure Monk Fruit Extract 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 Pure Monk Fruit Extract 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 Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Product Introduction
1.2 Global Pure Monk Fruit Extract Market Size Forecast
1.2.1 Global Pure Monk Fruit Extract Sales Value (2019-2030)
1.2.2 Global Pure Monk Fruit Extract Sales Volume (2019-2030)
1.2.3 Global Pure Monk Fruit Extract Sales Price (2019-2030)
1.3 Pure Monk Fruit Extract Market Trends & Drivers
1.3.1 Pure Monk Fruit Extract Industry Trends
1.3.2 Pure Monk Fruit Extract Market Drivers & Opportunity
1.3.3 Pure Monk Fruit Extract Market Challenges
1.3.4 Pure Monk Fruit Extract Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Pure Monk Fruit Extract Players Revenue Ranking (2023)
2.2 Global Pure Monk Fruit Extract Revenue by Company (2019-2024)
2.3 Global Pure Monk Fruit Extract Players Sales Volume Ranking (2023)
2.4 Global Pure Monk Fruit Extract Sales Volume by Company Players (2019-2024)
2.5 Global Pure Monk Fruit Extract Average Price by Company (2019-2024)
2.6 Key Manufacturers Pure Monk Fruit Extract Manufacturing Base and Headquarters
2.7 Key Manufacturers Pure Monk Fruit Extract Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Pure Monk Fruit Extract
2.9 Pure Monk Fruit Extract Market Competitive Analysis
2.9.1 Pure Monk Fruit Extract Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Pure Monk Fruit Extract Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Pure Monk Fruit Extract as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Liquid
3.1.2 Powder
3.2 Global Pure Monk Fruit Extract Sales Value by Type
3.2.1 Global Pure Monk Fruit Extract Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Pure Monk Fruit Extract Sales Value, by Type (2019-2030)
3.2.3 Global Pure Monk Fruit Extract Sales Value, by Type (%) (2019-2030)
3.3 Global Pure Monk Fruit Extract Sales Volume by Type
3.3.1 Global Pure Monk Fruit Extract Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Pure Monk Fruit Extract Sales Volume, by Type (2019-2030)
3.3.3 Global Pure Monk Fruit Extract Sales Volume, by Type (%) (2019-2030)
3.4 Global Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales Value by Application
4.2.1 Global Pure Monk Fruit Extract Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Pure Monk Fruit Extract Sales Value, by Application (2019-2030)
4.2.3 Global Pure Monk Fruit Extract Sales Value, by Application (%) (2019-2030)
4.3 Global Pure Monk Fruit Extract Sales Volume by Application
4.3.1 Global Pure Monk Fruit Extract Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Pure Monk Fruit Extract Sales Volume, by Application (2019-2030)
4.3.3 Global Pure Monk Fruit Extract Sales Volume, by Application (%) (2019-2030)
4.4 Global Pure Monk Fruit Extract Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Pure Monk Fruit Extract Sales Value by Region
5.1.1 Global Pure Monk Fruit Extract Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Pure Monk Fruit Extract Sales Value by Region (2019-2024)
5.1.3 Global Pure Monk Fruit Extract Sales Value by Region (2025-2030)
5.1.4 Global Pure Monk Fruit Extract Sales Value by Region (%), (2019-2030)
5.2 Global Pure Monk Fruit Extract Sales Volume by Region
5.2.1 Global Pure Monk Fruit Extract Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Pure Monk Fruit Extract Sales Volume by Region (2019-2024)
5.2.3 Global Pure Monk Fruit Extract Sales Volume by Region (2025-2030)
5.2.4 Global Pure Monk Fruit Extract Sales Volume by Region (%), (2019-2030)
5.3 Global Pure Monk Fruit Extract Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Pure Monk Fruit Extract Sales Value, 2019-2030
5.4.2 North America Pure Monk Fruit Extract Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Pure Monk Fruit Extract Sales Value, 2019-2030
5.5.2 Europe Pure Monk Fruit Extract Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Pure Monk Fruit Extract Sales Value, 2019-2030
5.6.2 Asia Pacific Pure Monk Fruit Extract Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Pure Monk Fruit Extract Sales Value, 2019-2030
5.7.2 South America Pure Monk Fruit Extract Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Pure Monk Fruit Extract Sales Value, 2019-2030
5.8.2 Middle East & Africa Pure Monk Fruit Extract Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Pure Monk Fruit Extract Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Pure Monk Fruit Extract Sales Value
6.2.1 Key Countries/Regions Pure Monk Fruit Extract Sales Value, 2019-2030
6.2.2 Key Countries/Regions Pure Monk Fruit Extract Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Pure Monk Fruit Extract Sales Value, 2019-2030
6.3.2 United States Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Pure Monk Fruit Extract Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Pure Monk Fruit Extract Sales Value, 2019-2030
6.4.2 Europe Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Pure Monk Fruit Extract Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Pure Monk Fruit Extract Sales Value, 2019-2030
6.5.2 China Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.5.3 China Pure Monk Fruit Extract Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Pure Monk Fruit Extract Sales Value, 2019-2030
6.6.2 Japan Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Pure Monk Fruit Extract Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Pure Monk Fruit Extract Sales Value, 2019-2030
6.7.2 South Korea Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Pure Monk Fruit Extract Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Pure Monk Fruit Extract Sales Value, 2019-2030
6.8.2 Southeast Asia Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Pure Monk Fruit Extract Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Pure Monk Fruit Extract Sales Value, 2019-2030
6.9.2 India Pure Monk Fruit Extract Sales Value by Type (%), 2023 VS 2030
6.9.3 India Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 Monk Fruit Corp Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 Layn Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Hunan Huacheng Biotech Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 GLG Life Tech Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 Guilin Sanleng Biotech Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Guilin Saraya Biotech Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 Hunan Nutramax Pure Monk Fruit Extract Product Offerings
7.7.5 Hunan Nutramax Recent Development
7.8 Hunan Delore
7.8.1 Hunan Delore Company Information
7.8.2 Hunan Delore Introduction and Business Overview
7.8.3 Hunan Delore Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 Hunan Delore Pure Monk Fruit Extract Product Offerings
7.8.5 Hunan Delore Recent Development
7.9 Guilin Newtech Biotechnology
7.9.1 Guilin Newtech Biotechnology Company Information
7.9.2 Guilin Newtech Biotechnology Introduction and Business Overview
7.9.3 Guilin Newtech Biotechnology Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 Guilin Newtech Biotechnology Pure Monk Fruit Extract Product Offerings
7.9.5 Guilin Newtech Biotechnology Recent Development
7.10 Chenguang Biotech Group
7.10.1 Chenguang Biotech Group Company Information
7.10.2 Chenguang Biotech Group Introduction and Business Overview
7.10.3 Chenguang Biotech Group Pure Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2019-2024)
7.10.4 Chenguang Biotech Group Pure Monk Fruit Extract Product Offerings
7.10.5 Chenguang Biotech Group Recent Development
8 Industry Chain Analysis
8.1 Pure Monk Fruit Extract Industrial Chain
8.2 Pure Monk Fruit Extract 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 Pure Monk Fruit Extract Sales Model
8.5.2 Sales Channel
8.5.3 Pure Monk Fruit Extract 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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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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