Global Luo Han Guo Extract Market Growth 2023-2029

Global Luo Han Guo Extract Market Growth 2023-2029

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 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.
LPI (LP Information)' newest research report, the “Luo Han Guo Extract Industry Forecast” looks at past sales and reviews total world Luo Han Guo Extract sales in 2022, providing a comprehensive analysis by region and market sector of projected Luo Han Guo Extract sales for 2023 through 2029. With Luo Han Guo Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luo Han Guo Extract industry.
This Insight Report provides a comprehensive analysis of the global Luo Han Guo Extract landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luo Han Guo Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Luo Han Guo Extract market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luo Han Guo Extract and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luo Han Guo Extract.
The global Luo Han Guo Extract market size is projected to grow from US$ 134.4 million in 2022 to US$ 594.1 million in 2029; it is expected to grow at a CAGR of 594.1 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Luo Han Guo Extract market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
30%-50% Mogroside-V
Above 50% Mogroside-V
Others
Segmentation by application
Food and Beverage
Medicines and Health Products
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Monk Fruit Corp
Layn
Hunan Huacheng Biotech
GLG Life Tech
Guilin Sanleng Biotech
Guilin Saraya Biotech
Hunan Nutramax
Key Questions Addressed in this Report
What is the 10-year outlook for the global Luo Han Guo Extract market?
What factors are driving Luo Han Guo Extract market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Luo Han Guo Extract market opportunities vary by end market size?
How does Luo Han Guo Extract break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.