Market Overview:
The global monk fruit sugar market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural and healthy alternatives to artificial sweeteners. Additionally, rising awareness about the health benefits of monk fruit sugar is also contributing to its growth. The global monk fruit sugar market can be segmented on the basis of type into powder and liquid. The powder segment is expected to account for a larger share of the market than the liquid segment during the forecast period. On the basis of application, food & beverages accounted for a major share ofthe global monk fruit sugar market in 2017 and this trend is likelyto continue duringthe forecast period as well. However, with rising awareness aboutthe health benefitsofmonk fruit sugars, thereis an increasing demand for it in other applications such as pharmaceuticals and others segments as well.
Product Definition:
Monk fruit sugar is a sweetener that is extracted from monk fruit, a small, green and spiny fruit that is native to Southeast Asia. Monk fruit sugar contains zero calories and has a glycemic index of zero, making it an ideal sweetener for people who are watching their weight or have diabetes.
Powder:
Powder is a natural sweetener derived from fruit pectin. It has been used as an alternative to conventional granular sugar for many years and is now emerging as one of the most popular natural ingredients in the food & beverage industry. The growing demand for low-calorie, natural, and healthy products across the globe has led to high growth of powder in recent years.
Liquid:
Monk fruit is a small, elongated fruit with a green skin and white pulp. It has an acidic taste similar to that of unripe grapes. The seeds are edible and contain high levels of antioxidants, vitamins, minerals such as calcium & iron & fiber which helps in weight loss & lowering blood sugar levels.
Application Insights:
Food & beverages was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The product has a high demand as an ingredient for making various products including cakes, cookies, pastries, chocolates and ice creams. Food & beverage manufacturers are investing heavily in Monk Fruit sugar research programs to develop innovative products that can replace conventional ingredients with natural flavors.
The growing popularity of ¢â‚¬Ëœnatural¢â‚¬â„¢ food products among consumers especially in developed countries like U.S., Canada and UK is expected to be a major factor driving industry growth over the next eight years.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high demand from U.S., coupled with FDA approval formonk fruit-based products in food and beverages, pharmaceuticals, and other applications. The region is expected to maintain its dominance over the forecast period as well due to increasing health consciousness among consumers coupled with rising obesity problems in countries such as U.S.
Growth Factors:
- Increasing demand for natural and low-calorie sweeteners: The global monk fruit sugar market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for natural and low-calorie sweeteners across the globe.
- Rising awareness about the health benefits of monk fruit sugar: There is a growing awareness among consumers about the health benefits of monk fruit sugar, which is expected to drive its demand in the coming years.
- Growing popularity of functional foods and beverages: The popularity of functional foods and beverages is another key factor that is expected to fuel growth in the global monk fruit sugar market during the forecast period.
- Rising disposable income levels in developing countries: A rise in disposable income levels in developing countries is anticipated to boost consumption of processed foods, thereby propelling growth in the global monk fruit sugar market overthe next few years. 5) Technological advancements leading to new product launches: Technological advancements are resultinginnew product launches intheglobalmonk fruitsugarmarket, whichisexpectedtogrowatacagrofover7%duringtheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Monk Fruit Sugar Market Research Report
By Type
Powder, Liquid
By Application
Food & Beverages, Pharmaceuticals, Others
By Companies
Archer Daniels Midland, Biovittoria (Guilin GFS Monk Fruit Corp), Apura Ingredients, Louis Dreyfus (Imperial Sugar), Health Garden, Matakana SuperFoods, Group Krisda Stevia Canada, Guilin Layn Natural Ingredients
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Monk Fruit Sugar Market Report Segments:
The global Monk Fruit Sugar market is segmented on the basis of:
Types
Powder, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Archer Daniels Midland
- Biovittoria (Guilin GFS Monk Fruit Corp)
- Apura Ingredients
- Louis Dreyfus (Imperial Sugar)
- Health Garden
- Matakana SuperFoods
- Group Krisda Stevia Canada
- Guilin Layn Natural Ingredients
Highlights of The Monk Fruit Sugar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Liquid
- By Application:
- Food & Beverages
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Monk Fruit Sugar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Monk fruit sugar is a type of natural sweetener made from the pulp and juice of the monk fruit tree. It has a slightly sweet taste and is used in foods and drinks as an alternative to sugar.
Some of the major companies in the monk fruit sugar market are Archer Daniels Midland, Biovittoria (Guilin GFS Monk Fruit Corp), Apura Ingredients, Louis Dreyfus (Imperial Sugar), Health Garden, Matakana SuperFoods, Group Krisda Stevia Canada, Guilin Layn Natural Ingredients.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Monk Fruit Sugar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Monk Fruit Sugar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Monk Fruit Sugar Market - Supply Chain
4.5. Global Monk Fruit Sugar Market Forecast
4.5.1. Monk Fruit Sugar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Monk Fruit Sugar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Monk Fruit Sugar Market Absolute $ Opportunity
5. Global Monk Fruit Sugar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Monk Fruit Sugar Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Liquid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Monk Fruit Sugar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Monk Fruit Sugar Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Pharmaceuticals
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Monk Fruit Sugar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Monk Fruit Sugar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Monk Fruit Sugar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Monk Fruit Sugar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Monk Fruit Sugar Demand Share Forecast, 2019-2026
9. North America Monk Fruit Sugar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Monk Fruit Sugar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Monk Fruit Sugar Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Pharmaceuticals
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Monk Fruit Sugar Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Liquid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Monk Fruit Sugar Demand Share Forecast, 2019-2026
10. Latin America Monk Fruit Sugar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Monk Fruit Sugar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Monk Fruit Sugar Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Pharmaceuticals
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Monk Fruit Sugar Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Liquid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Monk Fruit Sugar Demand Share Forecast, 2019-2026
11. Europe Monk Fruit Sugar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Monk Fruit Sugar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Monk Fruit Sugar Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Pharmaceuticals
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Monk Fruit Sugar Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Liquid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Monk Fruit Sugar Demand Share, 2019-2026
12. Asia Pacific Monk Fruit Sugar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Monk Fruit Sugar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Monk Fruit Sugar Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Pharmaceuticals
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Monk Fruit Sugar Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Liquid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Monk Fruit Sugar Demand Share, 2019-2026
13. Middle East & Africa Monk Fruit Sugar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Monk Fruit Sugar Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Monk Fruit Sugar Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Pharmaceuticals
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Monk Fruit Sugar Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Liquid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Monk Fruit Sugar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Monk Fruit Sugar Market: Market Share Analysis
14.2. Monk Fruit Sugar Distributors and Customers
14.3. Monk Fruit Sugar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Archer Daniels Midland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Biovittoria (Guilin GFS Monk Fruit Corp)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Apura Ingredients
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Louis Dreyfus (Imperial Sugar)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Health Garden
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Matakana SuperFoods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Group Krisda Stevia Canada
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guilin Layn Natural Ingredients
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
