The monk fruit sugar market is set for a rapid growth over the forecast period. In terms of revenue, the global monk fruit sugar market accounted for USD 396.34 Million in 2019 and is expected to Reach USD 532.17 Million by 2026, growing at a CAGR of around 4.3%.
The monk fruit sugar market is set for a rapid growth over the forecast period. In terms of revenue, the global monk fruit sugar market accounted for USD 396.34 Million in 2019 and is expected to Reach USD 532.17 Million by 2026, growing at a CAGR of around 4.3%.
With massive health benefits associated with the intake of the product, the market will probably gain traction over the years to come. Currently, the product is abundantly available for food processing activities. Furthermore, innovations in the packaging forms for retail usage are likely to result in massive sales of the product across the households over the foreseeable future.
With the product finding a spectrum of applications in the treatment of hypertension, whooping cough, breathing, chronic tonsillitis, diabetes, constipation, and asthma, the market is predicted to experience a profitable surge in the coming decade. Additionally, humungous consciousness among the customers about the low-calorie diet such as the monk fruit sugar will extend the scope of monk fruit sugar market over the years to come. The product has high antioxidant levels accompanied by elongated shelf life.
Nevertheless, the high per capita expenditure of the consumers on the processed and on-the-go diets & beverages will further escalate the growth trajectory of monk fruit sugar market.
The monk fruit sugar market can be classified depending upon nature, end user, form, sales/distribution channel, and packaging type. Nature wise, the monk fruit sugar market is divided into natural and organic. Based on the end-user, the market is sectored into industrial, retail, and commercial sectors. Packaging typewise, the monk fruit sugar market is segmented into bags & sacs, folding cartons, pouches, and jars. Depending on the sales/distribution channel, the monk fruit sugar market is segregated into business to business and business to consumer.
Based on the region, the monk fruit sugar market can be divided into five main regions: Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. North America will make remarkable contributions towards the overall monk fruit sugar market over the assessment timeframe. The regional market expansion can be accredited to a massive preference for the product across the food & beverage and healthcare industries. Issues such as hypertension and diabetes are propping up in countries such as Canada and the U.S., thereby steering the regional revenue.
The European market is projected to be one of the most lucrative business destinations for the players over the next few years with the market growth in the region solely attributed to the huge intake of zero calorie sweeteners by the consumers.
Asia Pacific, Latin America, and the Middle East & Africa are projected to be the prospective business destinations for the players. These are considered to be the key regions by the players not only from the point of business expansion perspective but also in terms of untapped market potential.
Few of the main participants in monk fruit sugar market are Whole Earth Sweetener Co., LLC, MatakanaSuperfoods Limited, Bulk Barn Food LimitedMonk Fruit Corporation, Apura Ingredients, Archer Daniels Midland Company, Tate & Lyle Co., BioVittoria Co., Imperial Sugar Company, GroupKrisda Stevia Canada Inc, Health Garden USA, and Lakanto.
Monk Fruit Sugar Market: Regional Segment Analysis
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Monk Fruit Sugar Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Monk Fruit Sugar Market
FIG. 6 Global Monk Fruit Sugar Market Attractiveness, By Nature
FIG. 7 Global Monk Fruit Sugar Market Attractiveness, By Packaging Type
FIG. 8 Global Monk Fruit Sugar Market Attractiveness, By End-User
FIG. 9 Global Monk Fruit Sugar Market Attractiveness, By Distribution Channel
FIG. 10 Global Monk Fruit Sugar Market Attractiveness, By Region
FIG. 11 Company Share Analysis, 2019
FIG. 12 Global Monk Fruit Sugar Market Revenue Share, by Nature, 2019 & 2026
FIG. 13 Global Monk Fruit Sugar Market for Natural, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Monk Fruit Sugar Market for Organic, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Monk Fruit Sugar Market Revenue Share, by Packaging Type, 2019 & 2026
FIG. 16 Global Monk Fruit Sugar Market for Bags & Sacs, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Monk Fruit Sugar Market for Folding Cartons, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Monk Fruit Sugar Market for Pouches, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Monk Fruit Sugar Market for Jars, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Monk Fruit Sugar Market Revenue Share, by End-User, 2019 & 2026
FIG. 21 Global Monk Fruit Sugar Market for Industrial, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Monk Fruit Sugar Market for Retail, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Monk Fruit Sugar Market for Commercial, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Monk Fruit Sugar Market Revenue Share, by Distribution Channel, 2019 & 2026
FIG. 25 Global Monk Fruit Sugar Market for Business to Business, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Monk Fruit Sugar Market for Business to Consumer, Revenue (USD Million) 2016 - 2026
FIG. 27 Global Monk Fruit Sugar Market Revenue Share, by Region, 2019 & 2026
FIG. 28 North America Monk Fruit Sugar Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Europe Monk Fruit Sugar Market Revenue, 2016 - 2026 (USD Million)
FIG. 30 Asia Pacific Monk Fruit Sugar Market Revenue, 2016 - 2026 (USD Million)
FIG. 31 Latin America Monk Fruit Sugar Market Revenue, 2016 - 2026 (USD Million)
FIG. 32 The Middle-East and Africa Monk Fruit Sugar Market Revenue, 2016 - 2026 (USD Million)
FIG. 33 Whole Earth Sweetener Co. Business Segment Revenue Share, 2018 (%)
FIG. 34 Whole Earth Sweetener Co. Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Monk Fruit Sugar Market: Snapshot
TABLE 2 Drivers of the Monk Fruit Sugar Market: Impact Analysis
TABLE 3 Restraints for the Monk Fruit Sugar Market: Impact Analysis
TABLE 4 Global Monk Fruit Sugar Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Monk Fruit Sugar Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Monk Fruit Sugar Market Revenue, by Nature, 2016 – 2026 (USD Million)
TABLE 7 North America Monk Fruit Sugar Market Revenue, by Packaging Type, 2016 – 2026 (USD Million)
TABLE 8 North America Monk Fruit Sugar Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 9 North America Monk Fruit Sugar Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 10 Europe Monk Fruit Sugar Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 11 Europe Monk Fruit Sugar Market Revenue, by Nature, 2016 – 2026 (USD Million)
TABLE 12 Europe Monk Fruit Sugar Market Revenue, by Packaging Type, 2016 – 2026 (USD Million)
TABLE 13 Europe Monk Fruit Sugar Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 14 Europe Monk Fruit Sugar Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Monk Fruit Sugar Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Monk Fruit Sugar Market Revenue, by Nature, 2016 – 2026 (USD Million)
TABLE 17 Asia Pacific Monk Fruit Sugar Market Revenue, by Packaging Type, 2016 – 2026 (USD Million)
TABLE 18 Asia Pacific Monk Fruit Sugar Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 19 Asia Pacific Monk Fruit Sugar Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 20 Latin America Monk Fruit Sugar Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 21 Latin America Monk Fruit Sugar Market Revenue, by Nature, 2016 – 2026 (USD Million)
TABLE 22 Latin America Monk Fruit Sugar Market Revenue, by Packaging Type, 2016 – 2026 (USD Million)
TABLE 23 Latin America Monk Fruit Sugar Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 24 Latin America Monk Fruit Sugar Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
TABLE 25 The Middle-East and Africa Monk Fruit Sugar Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 26 The Middle-East and Africa Monk Fruit Sugar Market Revenue, by Nature, 2016 – 2026 (USD Million)
TABLE 27 The Middle-East and Africa Monk Fruit Sugar Market Revenue, by Packaging Type, 2016 – 2026 (USD Million)
TABLE 28 The Middle-East and Africa Monk Fruit Sugar Market Revenue, by End-User, 2016 – 2026 (USD Million)
TABLE 29 The Middle-East and Africa Monk Fruit Sugar Market Revenue, by Distribution Channel, 2016 – 2026 (USD Million)
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