North America Arhat Fruit Extract Market

North America Arhat Fruit Extract Market SIze (2024 to 2029)

North America Arhat Fruit Extract Market size is expected to be worth USD 9.75 billion in 2024  to grow at a CAGR of 8.7%, to achieve USD 14.80 billion by 2029.

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 North America Arhat Fruit Extract market is driven by factors including the increasing use of the arhat fruit extract a sweetener owing to its overwhelming sweet taste 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 North American Arhat Fruit Extract Market is segmented and sub-segmented into the following categories:

North America Arhat Fruit Extract Market – By Volume:

• Imports
• exports

On the basis of volume, the market is distributed among imports and exports.

North America Arhat Fruit Extract Market - By Distribution Channel:

• Retail Stores
• Supermarkets
• Hypermarkets

On the basis of distribution channels, the market is segmented into retail stores, supermarkets, hypermarkets, and e-retailers.

North America Arhat Fruit Extract Market – By Region:

• U.S
• Canada
• Rest of North America

The North American market has been geographically segmented into the US and Canada. The North American region held a major stake in the aggregate income of the Global Arhat Fruit Extract market in 2016 because of noteworthy growth in consumption brought about by established distribution channels.

KEY MARKET PLAYERS:

The major players operating in the North America Arhat Fruit Extract industry include Apura Ingredients, Van Wankun Ingredients, MonkFruit Corp, Viachem, Lakanto, Archer Daniels Midland and Tate & Lyle.