North America Monk Fruit Sweetener Market Size & Outlook
North America monk fruit sweetener market highlights
- The North America monk fruit sweetener market generated a revenue of USD 36.9 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, organic was the largest revenue generating product in 2023.
- Organic is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 36.9 million |
| Market revenue in 2030 | USD 57.7 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic |
| Key market players worldwide | Informa PLC, Archer Daniels Midland Company, Tate & Lyle PLC, GLG Life Tech Corp, Cargill, Stevia Corp, NOW Foods, DSM Firmenich AG, SweetLeaf, Lakanto |
Other key industry trends
- In terms of revenue, North America region accounted for 10.4% of the global monk fruit sweetener market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 83.9 million by 2030.
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Monk Fruit Sweetener Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lakanto | View profile | 1-10 | Lindon, Utah, United States, North America | https://www.lakanto.com/ |
| SweetLeaf | View profile | - | Gilbert, Arizona, United States, North America | https://www.sweetleaf.com/ |
| Stevia Corp | View profile | 1 | 72 Adelhaide Lane, East Islip, NY, United States, 11730 | https://www.realhemp.com |
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| GLG Life Tech Corp | View profile | 86 | 10271 Shellbridge Way, Suite 100, Richmond, BC, Canada, V6X 2W8 | https://www.glglifetech.com |
| Informa PLC | View profile | 12295 | 5 Howick Place, London, United Kingdom, SW1P 1WG | https://www.informa.com |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | https://www.nowfoods.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| DSM Firmenich AG | View profile | 30000 | Wurmisweg 576, Kaiseraugst, Switzerland, 4303 | https://www.dsm-firmenich.com/corporate/home.html |
North America monk fruit sweetener market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to monk fruit sweetener market will help companies and investors design strategic landscapes.
Organic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America monk fruit sweetener market based on organic covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America monk fruit sweetener market , including forecasts for subscribers. This continent databook contains high-level insights into North America monk fruit sweetener market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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