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Monk Fruit Extract-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Monk Fruit Extract market size is expected to reach US$ 493.7 million by 2029, growing at a CAGR of 18.1% from 2023 to 2029. The market is mainly driven by the significant applications of Monk Fruit Extract in various end use industries. The expanding demands from the Food and Beverage, Medicines and Health Products and Others,, are propelling Monk Fruit Extract market. 30%-50% Mogroside-V, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the ≥50% Mogroside-V segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Monk Fruit Extract, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Monk Fruit Extract market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Monk Fruit Extract market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Monk Fruit Extract sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Monk Fruit Extract covered in this report include Monk Fruit Corp, Layn, Hunan Huacheng Biotech, GLG Life Tech, Guilin Sanleng Biotech, Guilin Saraya Biotech and Hunan Nutramax, etc.
The global Monk Fruit Extract market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Monk Fruit Corp
Layn
Hunan Huacheng Biotech
GLG Life Tech
Guilin Sanleng Biotech
Guilin Saraya Biotech
Hunan Nutramax
Global Monk Fruit Extract market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Monk Fruit Extract market, Segment by Type:
30%-50% Mogroside-V
≥50% Mogroside-V
Others
Global Monk Fruit Extract market, by Application
Food and Beverage
Medicines and Health Products
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Monk Fruit Extract manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: 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 future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Monk Fruit Extract market size is expected to reach US$ 493.7 million by 2029, growing at a CAGR of 18.1% from 2023 to 2029. The market is mainly driven by the significant applications of Monk Fruit Extract in various end use industries. The expanding demands from the Food and Beverage, Medicines and Health Products and Others,, are propelling Monk Fruit Extract market. 30%-50% Mogroside-V, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the ≥50% Mogroside-V segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Monk Fruit Extract, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Monk Fruit Extract market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Monk Fruit Extract market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Monk Fruit Extract sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Monk Fruit Extract covered in this report include Monk Fruit Corp, Layn, Hunan Huacheng Biotech, GLG Life Tech, Guilin Sanleng Biotech, Guilin Saraya Biotech and Hunan Nutramax, etc.
The global Monk Fruit Extract market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Monk Fruit Corp
Layn
Hunan Huacheng Biotech
GLG Life Tech
Guilin Sanleng Biotech
Guilin Saraya Biotech
Hunan Nutramax
Global Monk Fruit Extract market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Monk Fruit Extract market, Segment by Type:
30%-50% Mogroside-V
≥50% Mogroside-V
Others
Global Monk Fruit Extract market, by Application
Food and Beverage
Medicines and Health Products
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Monk Fruit Extract manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: 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 future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Monk Fruit Extract Market Overview
1.1 Monk Fruit Extract Product Overview
1.2 Monk Fruit Extract Market Segment by Type
1.2.1 30%-50% Mogroside-V
1.2.2 ≥50% Mogroside-V
1.2.3 Others
1.3 Global Monk Fruit Extract Market Size by Type
1.3.1 Global Monk Fruit Extract Market Size Overview by Type (2018-2029)
1.3.2 Global Monk Fruit Extract Historic Market Size Review by Type (2018-2023)
1.3.3 Global Monk Fruit Extract Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Monk Fruit Extract Sales Breakdown by Type (2018-2023)
1.4.2 Europe Monk Fruit Extract Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Monk Fruit Extract Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Monk Fruit Extract Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Monk Fruit Extract Sales Breakdown by Type (2018-2023)
2 Global Monk Fruit Extract Market Competition by Company
2.1 Global Top Players by Monk Fruit Extract Sales (2018-2023)
2.2 Global Top Players by Monk Fruit Extract Revenue (2018-2023)
2.3 Global Top Players by Monk Fruit Extract Price (2018-2023)
2.4 Global Top Manufacturers Monk Fruit Extract Manufacturing Base Distribution, Sales Area, Product Type
2.5 Monk Fruit Extract Market Competitive Situation and Trends
2.5.1 Monk Fruit Extract Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Monk Fruit Extract Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Monk Fruit Extract as of 2022)
2.7 Date of Key Manufacturers Enter into Monk Fruit Extract Market
2.8 Key Manufacturers Monk Fruit Extract Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Monk Fruit Extract Status and Outlook by Region
3.1 Global Monk Fruit Extract Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Monk Fruit Extract Historic Market Size by Region
3.2.1 Global Monk Fruit Extract Sales in Volume by Region (2018-2023)
3.2.2 Global Monk Fruit Extract Sales in Value by Region (2018-2023)
3.2.3 Global Monk Fruit Extract Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Monk Fruit Extract Forecasted Market Size by Region
3.3.1 Global Monk Fruit Extract Sales in Volume by Region (2024-2029)
3.3.2 Global Monk Fruit Extract Sales in Value by Region (2024-2029)
3.3.3 Global Monk Fruit Extract Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Monk Fruit Extract by Application
4.1 Monk Fruit Extract Market Segment 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 Market Size by Application
4.2.1 Global Monk Fruit Extract Market Size Overview by Application (2018-2029)
4.2.2 Global Monk Fruit Extract Historic Market Size Review by Application (2018-2023)
4.2.3 Global Monk Fruit Extract Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Monk Fruit Extract Sales Breakdown by Application (2018-2023)
4.3.2 Europe Monk Fruit Extract Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Monk Fruit Extract Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Monk Fruit Extract Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Monk Fruit Extract Sales Breakdown by Application (2018-2023)
5 North America Monk Fruit Extract by Country
5.1 North America Monk Fruit Extract Historic Market Size by Country
5.1.1 North America Monk Fruit Extract Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Monk Fruit Extract Sales in Volume by Country (2018-2023)
5.1.3 North America Monk Fruit Extract Sales in Value by Country (2018-2023)
5.2 North America Monk Fruit Extract Forecasted Market Size by Country
5.2.1 North America Monk Fruit Extract Sales in Volume by Country (2024-2029)
5.2.2 North America Monk Fruit Extract Sales in Value by Country (2024-2029)
6 Europe Monk Fruit Extract by Country
6.1 Europe Monk Fruit Extract Historic Market Size by Country
6.1.1 Europe Monk Fruit Extract Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Monk Fruit Extract Sales in Volume by Country (2018-2023)
6.1.3 Europe Monk Fruit Extract Sales in Value by Country (2018-2023)
6.2 Europe Monk Fruit Extract Forecasted Market Size by Country
6.2.1 Europe Monk Fruit Extract Sales in Volume by Country (2024-2029)
6.2.2 Europe Monk Fruit Extract Sales in Value by Country (2024-2029)
7 Asia-Pacific Monk Fruit Extract by Region
7.1 Asia-Pacific Monk Fruit Extract Historic Market Size by Region
7.1.1 Asia-Pacific Monk Fruit Extract Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Monk Fruit Extract Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Monk Fruit Extract Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Monk Fruit Extract Forecasted Market Size by Region
7.2.1 Asia-Pacific Monk Fruit Extract Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Monk Fruit Extract Sales in Value by Region (2024-2029)
8 Latin America Monk Fruit Extract by Country
8.1 Latin America Monk Fruit Extract Historic Market Size by Country
8.1.1 Latin America Monk Fruit Extract Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Monk Fruit Extract Sales in Volume by Country (2018-2023)
8.1.3 Latin America Monk Fruit Extract Sales in Value by Country (2018-2023)
8.2 Latin America Monk Fruit Extract Forecasted Market Size by Country
8.2.1 Latin America Monk Fruit Extract Sales in Volume by Country (2024-2029)
8.2.2 Latin America Monk Fruit Extract Sales in Value by Country (2024-2029)
9 Middle East and Africa Monk Fruit Extract by Country
9.1 Middle East and Africa Monk Fruit Extract Historic Market Size by Country
9.1.1 Middle East and Africa Monk Fruit Extract Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Monk Fruit Extract Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Monk Fruit Extract Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Monk Fruit Extract Forecasted Market Size by Country
9.2.1 Middle East and Africa Monk Fruit Extract Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Monk Fruit Extract Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Monk Fruit Corp
10.1.1 Monk Fruit Corp Company Information
10.1.2 Monk Fruit Corp Introduction and Business Overview
10.1.3 Monk Fruit Corp Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Monk Fruit Corp Monk Fruit Extract Products Offered
10.1.5 Monk Fruit Corp Recent Development
10.2 Layn
10.2.1 Layn Company Information
10.2.2 Layn Introduction and Business Overview
10.2.3 Layn Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Layn Monk Fruit Extract Products Offered
10.2.5 Layn Recent Development
10.3 Hunan Huacheng Biotech
10.3.1 Hunan Huacheng Biotech Company Information
10.3.2 Hunan Huacheng Biotech Introduction and Business Overview
10.3.3 Hunan Huacheng Biotech Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hunan Huacheng Biotech Monk Fruit Extract Products Offered
10.3.5 Hunan Huacheng Biotech Recent Development
10.4 GLG Life Tech
10.4.1 GLG Life Tech Company Information
10.4.2 GLG Life Tech Introduction and Business Overview
10.4.3 GLG Life Tech Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GLG Life Tech Monk Fruit Extract Products Offered
10.4.5 GLG Life Tech Recent Development
10.5 Guilin Sanleng Biotech
10.5.1 Guilin Sanleng Biotech Company Information
10.5.2 Guilin Sanleng Biotech Introduction and Business Overview
10.5.3 Guilin Sanleng Biotech Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Guilin Sanleng Biotech Monk Fruit Extract Products Offered
10.5.5 Guilin Sanleng Biotech Recent Development
10.6 Guilin Saraya Biotech
10.6.1 Guilin Saraya Biotech Company Information
10.6.2 Guilin Saraya Biotech Introduction and Business Overview
10.6.3 Guilin Saraya Biotech Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Guilin Saraya Biotech Monk Fruit Extract Products Offered
10.6.5 Guilin Saraya Biotech Recent Development
10.7 Hunan Nutramax
10.7.1 Hunan Nutramax Company Information
10.7.2 Hunan Nutramax Introduction and Business Overview
10.7.3 Hunan Nutramax Monk Fruit Extract Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hunan Nutramax Monk Fruit Extract Products Offered
10.7.5 Hunan Nutramax Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Monk Fruit Extract Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Monk Fruit Extract Industrial Chain Analysis
11.4 Monk Fruit Extract Market Dynamics
11.4.1 Monk Fruit Extract Industry Trends
11.4.2 Monk Fruit Extract Market Drivers
11.4.3 Monk Fruit Extract Market Challenges
11.4.4 Monk Fruit Extract Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Monk Fruit Extract Distributors
12.3 Monk Fruit Extract Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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