Global Monk Fruit Sweetener Market - Forecast(2021 - 2026)

Report Code: FBR 35342 Report Format: PDF + Excel (Delivery in 48 Hrs)

Monk Fruit Sweetener Market Overview

Monk Fruit Sweetener Market size in 2019 is estimated to be $720 million, growing at a CAGR of 4.8% during the forecast period 2020-2025. Monk fruit sweetener are made from fruit extract and it is blended with dextrose or other ingredients to balance sweetness. It is multiple times sweeter than sugar and also has zero calories. It has functional properties such as anti-microbial, anti-inflammatory, and anti-carcinogenic properties. Increasing awareness about health and growing adoption of natural sweeteners are the major factors driving the growth of the market. Moreover, rising awareness about negative effect of sugar further enhance the overall market demand for Monk Fruit Sweetener during the forecast period 2020-2025.

Report Coverage

The report: “Monk Fruit Sweetener Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Monk Fruit Sweetener Market:
By Form : Liquid, Dry.
By Category : Organic, Conventional.
By Distribution Channel : Supermarkets/Hypermarkets, Convenience Stores, Online Channels, Others.
By Geography : North America, Europe, Asia-Pacific, and Rest of the World.

Key Takeaways

  • In 2019, North America dominates the Monk Fruit Sweetener Market owing to increasing prevalence of obesity and diabetes in this region.
  • Increasing Prevalence of obesity and diabetes is driving the market growth of Monk Fruit Sweetener.
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Monk Fruit Sweetener Market report.
  • High cost of product and availability of alternative product such as artificial sweetener are challenging the growth of the market.

Monk Fruit Sweetener Market Segment Analysis - By Form

Based on the Product Type, Monk Fruit Sweetener Market is segmented into Liquid, Dry. Dry Segment dominated the market with highest share in 2019. This is owing to its usage in various application and increasing preference of consumers. The Liquid segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 3.9% during the forecast period 2020-2025. This is mainly owing to growing demand for ready to drink beverages. 

Monk Fruit Sweetener Market Segment Analysis - By Category

Based on the Functionality, Monk Fruit Sweetener Market is segmented into Organic, Conventional. In 2019, Organic segment held the largest share in the Monk Fruit Sweetener market. Organic Segment is also set to be the fastest growing segment during the forecast period 2020-2025. This is owing to high demand for naturally derived sweeteners. Moreover, rising purchasing power of people is also contributing to the growth of this segment.

Monk Fruit Sweetener Market Segment Analysis - Geography

North America dominated the Monk Fruit Sweetener market share accounting for 43% of the market in 2019. This is mainly owing to increasing prevalence of obesity in this region. According to U.S. Department of Health and Human service, about 78 million U.S. adults and about 12.5 million children and adolescents suffer from obesity.

However, the Asia-Pacific region is projected to be the fastest-growing during the forecast period 2020-2025. This is owing to increasing awareness among people about health and changing food habits.

Monk Fruit Sweetener Market Drivers

Increasing Prevalence of Diabetes

Increasing awareness about negative health effect of sugar and growing prevalence of diabetes across the globe are some factors driving the growth of Monk Fruit Sweetener market as an alternative to traditional sugars and sweeteners. According to World Health Organization (WHO), around 422 million people in worldwide living with diabetes and 1.6 million death are directly attributed to diabetes each year.

Changing preference of consumer

Shift in consumer preference for low calorie and zero calorie food products is driving the growth of the market. Moreover fast-paced life and busy lifestyle coupled with rising purchasing power of consumer are further contributing to the growth of Instant Beverage Premix market.

Monk Fruit Sweetener Market Challenges

High cost of monk fruit sweetener are challenging the growth of the market. Moreover, availability of alternative sweeteners are also further restraining the market growth during the forecast period 2020-2025.

Monk Fruit Sweetener Industry Outlook

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Monk Fruit Sweetener Market. Monk Fruit Sweetener top 10 companies are The ADM company, Tate & Lyle Plc., GLG Life Tech Corp., Monk Fruit Corp., Steviva Brands, Inc., Layn Corp., Firmenich SA., NOW Health Group, Inc., Apura Ingredients, Whole Earth Sweetener Co.

Acquisitions/Product Launches:

  • In June 2020, Lakanto has launched a certified organic monk fruit sweetener. Lakanto’s monk fruit is grown in the remote mountains of Guilin, China.
  • In March 2017, ADM Company has launched brand for Monk fruit sweetener called as VerySweet monk fruit. The sweeteners are sourced through ADM’s partnership with GLG Life Tech Corp., Richmond, B.C.

For more Food and Beverages Market reports - Please click here
1. Monk Fruit Sweetener Market Overview
    1.1 Definitions and Scope
2. Monk Fruit Sweetener Market - Executive Summary
    2.1 Market Size and Key Trends 
    2.2 Key trends by Form
    2.3 Key trends by Category
    2.4 Key trends by Distribution Channel
    2.5 Key trends by Geography
3. Monk Fruit Sweetener Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Monk Fruit Sweetener Market - Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Monk Fruit Sweetener Market - Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Monk Fruit Sweetener Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes 
7. Monk Fruit Sweetener Market - Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Monk Fruit Sweetener Market – By Form (Market Size -$Million/$Billion)
    8.1 Liquid
    8.2 Dry
9. Monk Fruit Sweetener Market – By Category (Market Size -$Million/$Billion)
    9.1 Natural 
    9.2 Conventional
10. Monk Fruit Sweetener Market – By Distribution Channel (Market Size -$Million/$Billion)
    10.1 Supermarkets/Hypermarkets
    10.2 Convenience Stores
    10.3 Online Channels
    10.6 Others
11. Monk Fruit Sweetener Market- By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Monk Fruit Sweetener Market – Entropy
13. Monk Fruit Sweetener Market - Industry / Segment Competition landscape Premium Premium
    13.1 Market Share Analysis
        13.1.1 Market Share by Country- Key companies
        13.1.2 Market Share by Region- Key companies
        13.1.3 Market Share at Global Level- Key companies
        13.1.4 Best Practices for Companies
14. Monk Fruit Sweetener Market- Key Company List by Country Premium Premium
15. Monk Fruit Sweetener Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Ingredient Market 2019-2024 ($M) - Global Industry Research
1.1.1 Binders Market 2019-2024 ($M)
1.1.2 Extenders Market 2019-2024 ($M)
1.1.3 Fillers Market 2019-2024 ($M)
1.1.4 Coloring Agents Market 2019-2024 ($M)
1.1.5 Flavoring Agents Market 2019-2024 ($M)
1.1.6 Preservatives Market 2019-2024 ($M)
1.1.7 Texturing Agents Market 2019-2024 ($M)
1.1.8 Salts Market 2019-2024 ($M)
1.2 By Meat Type Market 2019-2024 ($M) - Global Industry Research
1.2.1 Mutton Market 2019-2024 ($M)
1.2.2 Chicken Market 2019-2024 ($M)
1.2.3 Beef Market 2019-2024 ($M)
1.2.4 Pork Market 2019-2024 ($M)
2.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
2.1 By Ingredient Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Binders Market 2019-2024 (Volume/Units)
2.1.2 Extenders Market 2019-2024 (Volume/Units)
2.1.3 Fillers Market 2019-2024 (Volume/Units)
2.1.4 Coloring Agents Market 2019-2024 (Volume/Units)
2.1.5 Flavoring Agents Market 2019-2024 (Volume/Units)
2.1.6 Preservatives Market 2019-2024 (Volume/Units)
2.1.7 Texturing Agents Market 2019-2024 (Volume/Units)
2.1.8 Salts Market 2019-2024 (Volume/Units)
2.2 By Meat Type Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Mutton Market 2019-2024 (Volume/Units)
2.2.2 Chicken Market 2019-2024 (Volume/Units)
2.2.3 Beef Market 2019-2024 (Volume/Units)
2.2.4 Pork Market 2019-2024 (Volume/Units)
3.North America MARKET SEGMENTATION Market 2019-2024 ($M)
3.1 By Ingredient Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Binders Market 2019-2024 ($M)
3.1.2 Extenders Market 2019-2024 ($M)
3.1.3 Fillers Market 2019-2024 ($M)
3.1.4 Coloring Agents Market 2019-2024 ($M)
3.1.5 Flavoring Agents Market 2019-2024 ($M)
3.1.6 Preservatives Market 2019-2024 ($M)
3.1.7 Texturing Agents Market 2019-2024 ($M)
3.1.8 Salts Market 2019-2024 ($M)
3.2 By Meat Type Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Mutton Market 2019-2024 ($M)
3.2.2 Chicken Market 2019-2024 ($M)
3.2.3 Beef Market 2019-2024 ($M)
3.2.4 Pork Market 2019-2024 ($M)
4.South America MARKET SEGMENTATION Market 2019-2024 ($M)
4.1 By Ingredient Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Binders Market 2019-2024 ($M)
4.1.2 Extenders Market 2019-2024 ($M)
4.1.3 Fillers Market 2019-2024 ($M)
4.1.4 Coloring Agents Market 2019-2024 ($M)
4.1.5 Flavoring Agents Market 2019-2024 ($M)
4.1.6 Preservatives Market 2019-2024 ($M)
4.1.7 Texturing Agents Market 2019-2024 ($M)
4.1.8 Salts Market 2019-2024 ($M)
4.2 By Meat Type Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Mutton Market 2019-2024 ($M)
4.2.2 Chicken Market 2019-2024 ($M)
4.2.3 Beef Market 2019-2024 ($M)
4.2.4 Pork Market 2019-2024 ($M)
5.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Ingredient Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Binders Market 2019-2024 ($M)
5.1.2 Extenders Market 2019-2024 ($M)
5.1.3 Fillers Market 2019-2024 ($M)
5.1.4 Coloring Agents Market 2019-2024 ($M)
5.1.5 Flavoring Agents Market 2019-2024 ($M)
5.1.6 Preservatives Market 2019-2024 ($M)
5.1.7 Texturing Agents Market 2019-2024 ($M)
5.1.8 Salts Market 2019-2024 ($M)
5.2 By Meat Type Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Mutton Market 2019-2024 ($M)
5.2.2 Chicken Market 2019-2024 ($M)
5.2.3 Beef Market 2019-2024 ($M)
5.2.4 Pork Market 2019-2024 ($M)
6.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
6.1 By Ingredient Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Binders Market 2019-2024 ($M)
6.1.2 Extenders Market 2019-2024 ($M)
6.1.3 Fillers Market 2019-2024 ($M)
6.1.4 Coloring Agents Market 2019-2024 ($M)
6.1.5 Flavoring Agents Market 2019-2024 ($M)
6.1.6 Preservatives Market 2019-2024 ($M)
6.1.7 Texturing Agents Market 2019-2024 ($M)
6.1.8 Salts Market 2019-2024 ($M)
6.2 By Meat Type Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Mutton Market 2019-2024 ($M)
6.2.2 Chicken Market 2019-2024 ($M)
6.2.3 Beef Market 2019-2024 ($M)
6.2.4 Pork Market 2019-2024 ($M)
7.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Ingredient Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Binders Market 2019-2024 ($M)
7.1.2 Extenders Market 2019-2024 ($M)
7.1.3 Fillers Market 2019-2024 ($M)
7.1.4 Coloring Agents Market 2019-2024 ($M)
7.1.5 Flavoring Agents Market 2019-2024 ($M)
7.1.6 Preservatives Market 2019-2024 ($M)
7.1.7 Texturing Agents Market 2019-2024 ($M)
7.1.8 Salts Market 2019-2024 ($M)
7.2 By Meat Type Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Mutton Market 2019-2024 ($M)
7.2.2 Chicken Market 2019-2024 ($M)
7.2.3 Beef Market 2019-2024 ($M)
7.2.4 Pork Market 2019-2024 ($M)

LIST OF FIGURES

1.US Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
2.Canada Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
3.Mexico Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
4.Brazil Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
5.Argentina Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
6.Peru Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
7.Colombia Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
8.Chile Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
10.UK Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
11.Germany Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
12.France Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
13.Italy Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
14.Spain Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
16.China Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
17.India Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
18.Japan Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
19.South Korea Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
20.South Africa Global Monk Fruit Sweetener Market Revenue, 2019-2024 ($M)
21.North America Global Monk Fruit Sweetener By Application
22.South America Global Monk Fruit Sweetener By Application
23.Europe Global Monk Fruit Sweetener By Application
24.APAC Global Monk Fruit Sweetener By Application
25.MENA Global Monk Fruit Sweetener By Application
26.E. I. Du Pont De Nemours and Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Kerry Group PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Associated British Foods PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Wiberg GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Proliant Non-Meat Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Firmenich, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Wenda Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Advanced Food Systems, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Redbrook Ingredient Services Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.International Flavors Fragrances Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.DSM, Sales /Revenue, 2015-2018 ($Mn/$Bn)