Press release
Monk Fruit Sweetener Market Size, Share And Growth Analysis For 2024-2031 | Archer Daniels Midland Company, Tate & Lyle Plc., GLG Life Tech Corp.
The Global Monk Fruit Sweetener Market reached US$ 593.8 million in 2023 and is expected to reach US$ 870.7 million by 2031, growing with a CAGR of 4.9% during the forecast period 2024-2031.A comprehensive examination of statistical data concerning current and emerging trends provides insight into the dynamics of the monk fruit sweetener market 2024-2031. The report employs Porter's Five Forces framework to assess the significance of different aspects, including supplier and customer understanding, risks from various stakeholders, competitive intensity, and potential newcomers.
Additionally, it encompasses research findings on various companies, including their benefits, gross margins, strategic choices in the global market, and more, presented through tables, charts, and info graphics, thus serving as a valuable resource.
The Monk Fruit Sweetener Market is experiencing significant growth as a natural, low-calorie alternative to traditional sugars and artificial sweeteners. Derived from the monk fruit (Siraitia grosvenorii), this sweetener is gaining popularity due to its health benefits and versatility in food and beverage applications.
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Key Players:
Archer Daniels Midland Company, Tate & Lyle Plc., GLG Life Tech Corp., Monk Fruit Corp., Steviva Brands, Inc., Guilin LAYN Natural Ingredients Corp, NOW Foods, NuNaturals, Whole Earth Sweetener Co. and Firmenich.
Our expert team consistently collects and analyzes updated data on the business processes of key market players. This information is essential for developing future strategies and forecasting market trends.
Key Developments:
• In July 2022, Swerve, a brand owned by Whole Earth Brands, announced the expansion of its zero-sugar and zero-calorie offerings by adding a monk fruit and allulose sweetener to its product lineup.
• Earlier, in November 2021, Ecoideas, a prominent manufacturer and distributor of natural health products, broadened its range of monk fruit sweeteners by introducing an organic monk fruit sweetener blended with erythritol. This product serves as a healthier alternative to traditional sweeteners.
• Additionally, in July 2020, Tate & Lyle Plc, a leader in ingredient solutions for healthier food and beverages, launched the SWEETENER-VANTAG Expert Systems. This innovative suite of design tools aids in the development of low-calorie sweeteners for food and beverage products, further supporting the trend toward healthier options in the industry.
**Note: The full version of the report includes an in-depth analysis of emerging players and startups, providing valuable insights into the evolving market landscape and key strategies being adopted.**
Market Segments:
The monk fruit sweetener market is segmented
By Form: Liquid, Powder.
By Category: Organic, Conventional.
By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, E-commerce.
By Application: Food and Beverages, Pharmaceuticals.
Regional Analysis for monk fruit sweetener Market:
The market undergoes regional analysis across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, France, Spain, and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, Australia, Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Rest of South America)
⇥ Middle East & Africa
**If you have any specific business requirements, please let us know. We can tailor the report to meet the client's unique needs**
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Frequently Asked Questions:
⇥ What are the global sales value, production value, consumption value, and import and export figures for the monk fruit sweetener market?
⇥ Who are the key global manufacturers in the monk fruit sweetener industry, and what is their current operational status in terms of capacity, production, sales, pricing, costs, gross profit, and revenue?
⇥ What opportunities and threats do vendors in the global monk fruit sweetener industry face?
⇥ Which product types or applications are likely to experience incremental growth opportunities? What is the market share for each type and application?
⇥ What factors are driving and constraining the monk fruit sweetener market's growth?
⇥ What are the various sales, marketing, and distribution channels utilized within the global industry?
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Related Reports:
Freeze Dried Food Market: https://www.datamintelligence.com/research-report/freeze-dried-food-market
Functional Beverages Market: https://www.datamintelligence.com/research-report/functional-beverages-market
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