Middle East And Africa Arhat Fruit Extract Market Research Report - Segmented Based on Product, Application Distribution Channel, and Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2032

Updated On: June, 2024
ID: 4706
Pages: 140

Middle East and Africa Arhat Fruit Extract Market Size (2024 to 2032)

The Middle East and Africa Arhat Fruit Extract Market is predicted to grow at a CAGR of 8.51% from 2024 to 2032 and the market size is expected to be valued at USD 2.66 billion by 2032 from USD 1.39 billion in 2024.

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 from 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 Middle East and Africa Arhat Fruit Extract market is 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.

This research report on the Middle East and Africa Arhat Fruit Extract market has been segmented and sub-segmented into the following categories.

Middle East and Africa Arhat Fruit Extract Market By Product

  • 80-99% Extract  
  • 25-55% Extract       

Middle East and Africa Arhat Fruit Extract Market By Application

  •  Food Industry  
  •  Beverage Industry   

Middle East and Africa Arhat Fruit Extract Market Distribution Channel

  • retail stores

  • supermarkets

  • hypermarkets

  • e-retailers

Middle East and Africa Arhat Fruit Extract Market By Country

  • UAE

  • Israel

  • KSA

  • South Africa

  • Egypt

The market has been geographically segmented into the Middle East and Africa. The market is growing slowly because of many problems the region faces, in terms of battles and also, the unstable economy. However, rising demand among the populace with dispensable incomes and the anticipated growth of demand, are set to help the growth of the market.

KEY MARKET PLAYERS

  • Apura Ingredients
  • Van Wankun Ingredients
  • MonkFruit Corp
  • Viachem
  • Lakanto
  • Archer Daniels Midland
  • Tate & Lyle

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