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Arhat Fruit Extract Market Analysis By Volume (imports, Exports), By Distribution Channel (retail Stores, Supermarkets, Hypermarkets) And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis, Size, Share, Growth, Trends, and Competitive Analysis Forecasts Report 2023-2028

Published: March, 2023
ID: 4701
Pages: 185
Formats: report pdf report excel report power bi report ppt

Arhat Fruit Extract Market Size, Share, Growth (2023-2028)

Protein Supplements Market size is expected to be USD 24.36 billion in 2023 to USD 38 billion at a CAGR of 9.30%.

Arhat Fruit Extract Market Overview:

Arhat fruit is a Cucurbitaceae family herbaceous perennial vine native to Northern Thailand and China. This plant is grown for its fruit, which contains an extract that is roughly 300 times sweeter than sugar. It's a low-calorie sweetener that's also utilized in traditional Chinese medicine. The arhat fruit has a carbohydrate content of 25 to 38 percent, mostly glucose and fructose. Adding MoGro sides, a group of triterpene saponins boosts the sweetness even further. The vine grows to a length of 3 to 5 meters, creeping over other plants with tendrils that entangle around whatever they come into contact with. The leaves are 10–20 cm long and narrowly heart-shaped. The fruit is spherical, 5–7 cm in diameter, smooth, yellow-brownish or green-brownish in colour, with striations extending from the fruit stem end of the furrows, and a firm but thin skin coated in tiny hairs. The fruit's insides include an edible pulp that dries to produce a thin, light brown, brittle shell around 1 mm thick. The seeds are almost spherical and elongated.Arhat fruit is collected as a spherical, green fruit that becomes brown after drying. It is rarely used in its fresh state since it is difficult to keep. As a result, the fruits are normally dried before usage and sold at Chinese herbal shops in this state. The fruits are carefully dried in ovens, which preserves them while also eliminating the majority of the undesirable smells. This method, however, results in the development of various bitter and astringent tastes. This restricts the usage of dried fruits and extracts to diluted tea, soup, and as a sweetener for goods that would normally be sweetened with sugar or honey.

Arhat Fruit Extract Market Drivers & Restraints:

The market for arhat fruit extracts is being driven by the usage of arhat fruit extracts as a sweetener. Aside from that, the extracted powder contains 80% MoGro sides and is recommended for its practicality. This, in turn, fuels market expansion. Arhat fruit extracts are predicted to see an increase in demand in the near future due to the medical advantages they provide.The market for arhat fruit extracts is hampered by the scarcity of arhat fruit. As they only grow in only China and the Northern Thailand region. And the artificial synchesis of the Arhat fruits are the expensive and extraction of the Artificially synthesized fruits are harmful for health and causes side effects.

Recent Developments in Global Arhat Fruit Extract Market:

  • KPS Capital Partners (KPS) has agreed to buy a controlling position in Tate & Lyle PLC's Primary Products division in North America and Latin America, as well as its holdings in Mexicans SA de CV and DuPont Tate & Lyle Bio-Products Company, LLC from Tate & Lyle PLC.

  • EPC Natural Products Company, which offers comprehensive experience optimization through its range of taste and flavour modulators, has established a cooperation with Apura Ingredients, a provider of low and no-calorie sweeteners.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

 9.30%

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Guilin Layn Natural Ingredients Corporation, Guilin Sanleng Biotech Co. Ltd., Hunan Huacheng Biotech Inc., Lakanto Company, Organic Herb Inc., Saraya, Shaanxi Undersun Biotech Co. Ltd., Xi'an Jmlai Bio-Tech Co. Ltd., Xi'an Nate Biological Technology Co. Ltd., Xi'an Rui Zelin Bio Tech Inc.

Arhat Fruit Extract Market Segmentation:

By Volume:

  • Imports.

  • Exports.

Exports are expected to have the dominant share in the Global Arhat Fruit Extract Market during the forecast period. As the fruits are present only in the region of China and Northern Thailand which helps the export segment to hold the dominant share in the Global Arhat Fruit Extract Market all over the Forecast Period.

By Type:

  • Solid.

  • Liquid.

The Solid category is expected to holds the largest market share and is predicted to increase significantly and continue to dominate the worldwide market over the forecast period. Each type of production, as well as the revenue, market share, and growth rate, are displayed in this part.

By Distribution Type:

  • Supermarket.

  • Retail Store.

  • Online Sales.

Online Sales is expected to have the Dominant share in the Global Arhat Fruit Extract Market during the Forecast Period. As the hit of the covid-19 has made the maximum number of business online around the globe.

By Application:

  • Beverages.

  • Confectionary.

  • Diary.

  • Baked Goods.

In the Global market, the Beverages segment is expected to have the biggest market share and is expected to increase at a rapid rate over the projected period because arhat fruits extracts are being widely utilized in the beverages sector.

Arhat Fruit Extract Market Regional Analysis:

  • Asia-Pacific is expected to have the dominant share in the Global Ardent Market during Forecast Period. As they only in the region of China and Northern Thailand which helps the export segment to hold the dominant share in the Global Arhat Fruit Extract Market all over the Forecast Period.

  • North America is expected to have a significant share and growth in the Global Arhat Fruit Extract Market during the Forecast Period. As the need of the Arhat Fruit Extract in the Medical Applications is the reason to import them which in turn increases the market share of the North-America over the Forecast Period.

  • Europe.

  • Latin-America.

  • Middle-East and Africa.

Impact of COVID-19 On Global Arhat Fruit Extract Market:

This is due to the fact that people are becoming more health-conscious and seeking items that are less harmful. Arhat Fruit Extraction's antioxidant capabilities function as an immune booster for users. However, the reality that economies were shut down during the spread of COVID-19 over the globe, resulting in the closure of numerous businesses, factories, and locations, resulting in reduced production, cannot be overlooked. In 2020, global lockdowns interrupted the supply chain, causing hurdles for manufacturers in the Arhat Fruit Extraction Market.

Arhat Fruit Extract Market Key Players:

  1. Guilin Layn Natural Ingredients Corporation

  2. Guilin Sanleng Biotech Co. Ltd.

  3. Hunan Huacheng Biotech Inc.

  4. Lakanto Company

  5. Organic Herb Inc.

  6. Saraya

  7. Shaanxi Undersun Biotech Co. Ltd.

  8. Xi'an Jmlai Bio-Tech Co. Ltd.

  9. Xi'an Nate Biological Technology Co. Ltd.

  10. Xi'an Rui Zelin Bio Tech Inc.

 

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FAQ's

What is the driving factor of the Global Arhat Fruit Extract Market?

For arhat fruit extracts is being driven by the usage of arhat fruit extracts as a sweetener is one of the major driving factors of the Global Arhat Fruit Extract Market

Which country has the more market dynamic/share in Global Arhat Fruit Extract Market?

Asia-Pacific Countries are expected to have the largest market dynamic/shar in the Global Arhat Fruit Extract Market

What is the major contributing segment of the Global Arhat Fruit Extract Market?

The Applications segment in which Beverages play the major role, is expected to be the major contributing segment of the Global Arhat Fruit Extract Market

What is the most that is hampering the Global Arhat Fruit Extract Market?

The market for arhat fruit extracts is hampered by the scarcity of arhat fruit is the major restrain in the Global Arhat Fruit Extract Market

What is the role of Asia-Pacific Countries in the Global Arhat Fruit Extract Market?

Asia-Pacific Countries are China and Thailand are the large producers of the Arhat Fruits for the Extraction in the Global Arhat Fruit Extract Market

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