Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 104 Pages
Report ld: 4211170
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Monk Fruit Extract Market Size(US$)

CAGR 2025-2031
18.1%
Market Size,2031
USD 668
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Monk Fruit Extract was estimated to be worth US$ 211 million in 2024 and is forecast to a readjusted size of US$ 668 million by 2031 with a CAGR of 18.1% during the forecast period 2025-2031.
Monk fruit extract, also called luo han guo fruit extract, is a recent addition to the sugar alternative market in the United States.Luo Han Guo, also known as monk fruit 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.
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 more than 80% revenue share globally.
This report aims to provide a comprehensive presentation of the global market for Monk Fruit Extract, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Monk Fruit Extract by region & country, by Type, and by Application.
The Monk Fruit Extract market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
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 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 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 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
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TABLE OF CONTENTS
1 Market Overview
1.1 Monk Fruit Extract Product Introduction
1.2 Global Monk Fruit Extract Market Size Forecast
1.2.1 Global Monk Fruit Extract Sales Value (2020-2031)
1.2.2 Global Monk Fruit Extract Sales Volume (2020-2031)
1.2.3 Global Monk Fruit Extract Sales Price (2020-2031)
1.3 Monk Fruit Extract Market Trends & Drivers
1.3.1 Monk Fruit Extract Industry Trends
1.3.2 Monk Fruit Extract Market Drivers & Opportunity
1.3.3 Monk Fruit Extract Market Challenges
1.3.4 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 Monk Fruit Extract Players Revenue Ranking (2024)
2.2 Global Monk Fruit Extract Revenue by Company (2020-2025)
2.3 Global Monk Fruit Extract Players Sales Volume Ranking (2024)
2.4 Global Monk Fruit Extract Sales Volume by Company Players (2020-2025)
2.5 Global Monk Fruit Extract Average Price by Company (2020-2025)
2.6 Key Manufacturers Monk Fruit Extract Manufacturing Base and Headquarters
2.7 Key Manufacturers Monk Fruit Extract Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Monk Fruit Extract
2.9 Monk Fruit Extract Market Competitive Analysis
2.9.1 Monk Fruit Extract Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Monk Fruit Extract Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Monk Fruit Extract as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 30%-50% Mogroside-V
3.1.2 ≥50% Mogroside-V
3.1.3 Others
3.2 Global Monk Fruit Extract Sales Value by Type
3.2.1 Global Monk Fruit Extract Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Monk Fruit Extract Sales Value, by Type (2020-2031)
3.2.3 Global Monk Fruit Extract Sales Value, by Type (%) (2020-2031)
3.3 Global Monk Fruit Extract Sales Volume by Type
3.3.1 Global Monk Fruit Extract Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Monk Fruit Extract Sales Volume, by Type (2020-2031)
3.3.3 Global Monk Fruit Extract Sales Volume, by Type (%) (2020-2031)
3.4 Global Monk Fruit Extract Average Price by Type (2020-2031)
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 Sales Value by Application
4.2.1 Global Monk Fruit Extract Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Monk Fruit Extract Sales Value, by Application (2020-2031)
4.2.3 Global Monk Fruit Extract Sales Value, by Application (%) (2020-2031)
4.3 Global Monk Fruit Extract Sales Volume by Application
4.3.1 Global Monk Fruit Extract Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Monk Fruit Extract Sales Volume, by Application (2020-2031)
4.3.3 Global Monk Fruit Extract Sales Volume, by Application (%) (2020-2031)
4.4 Global Monk Fruit Extract Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Monk Fruit Extract Sales Value by Region
5.1.1 Global Monk Fruit Extract Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Monk Fruit Extract Sales Value by Region (2020-2025)
5.1.3 Global Monk Fruit Extract Sales Value by Region (2026-2031)
5.1.4 Global Monk Fruit Extract Sales Value by Region (%), (2020-2031)
5.2 Global Monk Fruit Extract Sales Volume by Region
5.2.1 Global Monk Fruit Extract Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Monk Fruit Extract Sales Volume by Region (2020-2025)
5.2.3 Global Monk Fruit Extract Sales Volume by Region (2026-2031)
5.2.4 Global Monk Fruit Extract Sales Volume by Region (%), (2020-2031)
5.3 Global Monk Fruit Extract Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Monk Fruit Extract Sales Value, 2020-2031
5.4.2 North America Monk Fruit Extract Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Monk Fruit Extract Sales Value, 2020-2031
5.5.2 Europe Monk Fruit Extract Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Monk Fruit Extract Sales Value, 2020-2031
5.6.2 Asia Pacific Monk Fruit Extract Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Monk Fruit Extract Sales Value, 2020-2031
5.7.2 South America Monk Fruit Extract Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Monk Fruit Extract Sales Value, 2020-2031
5.8.2 Middle East & Africa Monk Fruit Extract Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Monk Fruit Extract Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Monk Fruit Extract Sales Value
6.2.1 Key Countries/Regions Monk Fruit Extract Sales Value, 2020-2031
6.2.2 Key Countries/Regions Monk Fruit Extract Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Monk Fruit Extract Sales Value, 2020-2031
6.3.2 United States Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Monk Fruit Extract Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Monk Fruit Extract Sales Value, 2020-2031
6.4.2 Europe Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Monk Fruit Extract Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Monk Fruit Extract Sales Value, 2020-2031
6.5.2 China Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.5.3 China Monk Fruit Extract Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Monk Fruit Extract Sales Value, 2020-2031
6.6.2 Japan Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Monk Fruit Extract Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Monk Fruit Extract Sales Value, 2020-2031
6.7.2 South Korea Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Monk Fruit Extract Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Monk Fruit Extract Sales Value, 2020-2031
6.8.2 Southeast Asia Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Monk Fruit Extract Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Monk Fruit Extract Sales Value, 2020-2031
6.9.2 India Monk Fruit Extract Sales Value by Type (%), 2024 VS 2031
6.9.3 India Monk Fruit Extract Sales Value by Application, 2024 VS 2031
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 Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Monk Fruit Corp 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 Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Layn 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 Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Hunan Huacheng Biotech 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 Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 GLG Life Tech 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 Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Guilin Sanleng Biotech 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 Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Guilin Saraya Biotech 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 Monk Fruit Extract Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Hunan Nutramax Monk Fruit Extract Product Offerings
7.7.5 Hunan Nutramax Recent Development
8 Industry Chain Analysis
8.1 Monk Fruit Extract Industrial Chain
8.2 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 Monk Fruit Extract Sales Model
8.5.2 Sales Channel
8.5.3 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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