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Report overview
Swingle Fruit is a herbaceous perennial vine of the gourd family, Cucurbitaceae. It is native to southern China and northern Thailand. 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.
This report contains market size and forecasts of Swingle Fruit Extracts in global, including the following market information:
The global Swingle Fruit Extracts market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
30%-50% Mogroside-V Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Swingle Fruit Extracts include Monk Fruit Corp, Layn, Hunan Huacheng Biotech, GLG Life Tech, Guilin Sanleng Biotech, Guilin Saraya Biotech and Hunan Nutramax, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Swingle Fruit Extracts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Swingle Fruit Extracts Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Swingle Fruit Extracts Market Segment Percentages, by Type, 2022 (%)
Global Swingle Fruit Extracts Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Swingle Fruit Extracts Market Segment Percentages, by Application, 2022 (%)
Global Swingle Fruit Extracts Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Swingle Fruit Extracts Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: