Global and United States Luo Han Guo Extract Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Luo Han Guo Extract Market
This report focuses on global and United States Luo Han Guo Extract market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Luo Han Guo Extract market size is estimated to be worth US$ 171.4 million in 2022 and is forecast to a readjusted size of US$ 587.7 million by 2028 with a CAGR of 22.8% during the review period. Fully considering the economic change by this health crisis, by Type, 30%-50% Mogroside-V accounting for % of the Luo Han Guo Extract global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Food and Beverage was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Luo Han Guo Extract Scope and Market Size
Luo Han Guo Extract market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Luo Han Guo Extract market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Luo Han Guo Extract market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
30%-50% Mogroside-V
Above 50% Mogroside-V
Others
Segment by Application
Food and Beverage
Medicines and Health Products
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Monk Fruit Corp
Layn
Hunan Huacheng Biotech
GLG Life Tech
Guilin Sanleng Biotech
Guilin Saraya Biotech
Hunan Nutramax

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