Asia Pacific Arhat Fruit Extract Market

Asia Pacific Arhat Fruit Extract Market  Size and Growth Analysis:

Asia Pacific Arhat Fruit Extract Market was worth USD XX million in 2021 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2027.

Asia Pacific Arhat Fruit Extract Market Overview:

Arhat Fruit is an herbaceous perennial vine of the Cucurbitaceae (gourd) family, intrinsic to southern China and northern Thailand. The plant is cultivated for its fruit, whose extract is nearly 300 times sweeter than sugar and has been used in China as a low-calorie sweetener for cooling drinks and in traditional Chinese medicine. Vital Arhat Fruit is notable for its sweetness, which can be concentrated in its juice. The fruit contains 25 to 38% of various carbohydrates, mainly fructose and glucose. The sweetness of the fruit is increased by the mogrosides, a group of triterpene glycosides (saponins)The growth of the Asia-Pacific Arhat Fruit Extract Market is mainly driven by the increasing use of the arhat fruit extract a sweetener owing to its overwhelming sweet tast which comes mainly from mogrosides. Furthermore, the extraction of powder containing almost 80 percent mogrosides acts as a major driver for market growth because of its higher utility. Medicinal benefits offered by the fruit in the treatment of cough and sore throat also act as drivers for market growth coupled with no incidences of side effects of their use.

Asia Pacific Arhat Fruit Extract Market Segmentation:

Asia-Pacific Arhat Fruit Extract market is segmented on the basis of

• volume

• distribution channels

On the basis of volume

• imports

• exports

On the basis of distribution channels

• retail stores

• supermarkets

• hypermarkets

• e-retailers

Asia Pacific Arhat Fruit Extract Market geographical Analysis

• China

• India

• Japan

• South Korea

• Australia

Asia-Pacific is predicted to grow with the highest CAGR during the forecast period. Factors such as growing consumption coupled with the rapid growth in distribution channels are anticipated to lead the growth of the market in this region.

Asia Pacific Arhat Fruit Extract Market Key players:

1. Apura Ingredients

2. Van Wankun Ingredients

3. MonkFruit Corp

4. Viachem

5. Lakanto

6. Archer Daniels Midland

7. Tate & Lyle