Global Luo Han Guo Extract Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Luo Han Guo Extract Market Research Report 2024
The Luo Han Guo Extract industry can be broken down into several segments, 30%-50% Mogroside-V, ≥50% Mogroside-V, etc.
Across the world, the major players cover Monk Fruit Corp, Layn, Hunan Huacheng Biotech, etc.
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 includemogroside 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.
According to Mr Accuracy reports’s new survey, global Luo Han Guo Extract market is projected to reach US$ 587.7 million in 2034, increasing from US$ 137.4 million in 2022, with the CAGR of 22.8% during the period of 2024 to 2034. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Luo Han Guo Extract market research.
The classification of Luo Han Guo Extract includes 30%-50% Mogroside-V, Above 50% Mogroside-V and Others. Above 50% Mogroside-V accounted for a share of 64% in the global Luo Han Guo Extract market.
Luo Han Guo Extract is widely used in Food and Beverage, Medicines and Health Products and Other. In Luo Han Guo 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 44%. Following Asia-Pacific, Asia-Pacific is the second largest consumption place with the consumption market share of 33%.
Market competition is intense. Monk Fruit Corp, Layn and 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 Luo Han Guo Extract revenue.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Luo Han Guo Extract market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Monk Fruit Corp
Layn
Hunan Huacheng Biotech
GLG Life Tech
Guilin Sanleng Biotech
Guilin Saraya Biotech
Hunan Nutramax
Segment by Type
30%-50% Mogroside-V
Above 50% Mogroside-V
Others
Food and Beverage
Medicines and Health Products
Others
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Luo Han Guo Extract report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
Across the world, the major players cover Monk Fruit Corp, Layn, Hunan Huacheng Biotech, etc.
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 includemogroside 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.
According to Mr Accuracy reports’s new survey, global Luo Han Guo Extract market is projected to reach US$ 587.7 million in 2034, increasing from US$ 137.4 million in 2022, with the CAGR of 22.8% during the period of 2024 to 2034. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Luo Han Guo Extract market research.
The classification of Luo Han Guo Extract includes 30%-50% Mogroside-V, Above 50% Mogroside-V and Others. Above 50% Mogroside-V accounted for a share of 64% in the global Luo Han Guo Extract market.
Luo Han Guo Extract is widely used in Food and Beverage, Medicines and Health Products and Other. In Luo Han Guo 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 44%. Following Asia-Pacific, Asia-Pacific is the second largest consumption place with the consumption market share of 33%.
Market competition is intense. Monk Fruit Corp, Layn and 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 Luo Han Guo Extract revenue.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Luo Han Guo Extract market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Monk Fruit Corp
Layn
Hunan Huacheng Biotech
GLG Life Tech
Guilin Sanleng Biotech
Guilin Saraya Biotech
Hunan Nutramax
Segment by Type
30%-50% Mogroside-V
Above 50% Mogroside-V
Others
Segment by Application
Food and Beverage
Medicines and Health Products
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Luo Han Guo Extract report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source