Scope of the Study
Monk fruit extract comes from monk fruit, its extract can taste up to 250 times sweeter than standard table sugar. Monk fruit sugar is broadly recognized as an advanced means for sweetening food products free of any side-effect of conventional sugar and sugar substitutes. It bears a zero-glycemic index, zero calorie content and essential antioxidants. It does not cause dental cavities, consumable by diabetic patients and also bears significant healing attributes. The aforementioned factors are likely to increase the acceptance for the product among the consumers in the near future. It is primarily environment-friendly and produced without the use of any synthetic substances.
The market study is being classified, by Application (Health Drinks, Desserts, Jams, Sauces, Jellies, Dairy Products, Bakery Products, Diabetics Treatment, Cancer Treatment and Others) and major geographies with country level break-up.
Archer Daniels Midland Company (United States), Monk Fruit Corp (New Zealand), Apura Ingredients (United States), Guilin Layn Natural Ingredients Corp (China), Imperial Sugar Company (United States), Whole Earth Sweetener Co. LLC (United States), Health Garden (United States), Matakana Superfoods Limited (New Zealand), Group Krisda Stevia Canada Inc. (Canada) and Bulk Barn Food Limited (Canada) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Monk Fruit Sugar market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Monk Fruit Sugar market by Type, Application and Region.
On the basis of geography, the market of Monk Fruit Sugar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Monk Fruit Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Sacs will boost the Monk Fruit Sugar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Consumers Are Spending More On Processed
- Consumers Are Preferring Low Calorie or Zero Calorie Food Products
- Increasing Awareness Regarding the Benefits of Monk Fruits
- Rising Demand of Natural and Organic Products
- Monk Fruit Is Difficult To Harvest
- Growing Use of Artificial Sweeteners in Food and Beverage Industry
- Expensive To Import Monk Fruit
Market Leaders and their expansionary development strategies
On May 2, 2019 Archer Daniels Midland Company has announced that it had completed its acquisition of the Ziegler Group, a European industry leader in natural citrus solutions. Citrus is a key ingredient in any nutrition portfolio, which provides great taste with the natural, clean-label and reduced sugar attributes.
On March 28, 2019 Whole Earth Sweetener Company, maker of the natural sweetener brand Whole Earth has introduced three new, keto-friendly products to their portfolio available in grocery retailers and e-commerce, including a line of Stevia & Monk Fruit Liquid Sweeteners, Stevia Leaf & Monk Fruit Cubes.
Key Target AudienceManufacturers of Monk Fruit, Suppliers of Monk Fruit, Wholesalers, Distributors and Retailers of Monk Fruit, Food and Beverage Industry, Research Organization and Governmental Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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