Global Aloe Vera extracts are widely used for treating various diseases such as teeth and gum-related diseases, protection against skin damage, diabetes, among others. Moreover, factors such as relief from burns due to chemical injuries, sunburns, among others are expected to boost the growth of the global aloe vera extracts market.
Market Dynamics
The globa laloe vera extracts market is segmented based on the form including gels, drinks, powders, capsules, and concentrates. Aloe vera extract-based drinks are expected to gain traction during the forecast period owing to their easy availability and low sugar content as compared to other drinks with artificial ingredients. For instance, in July 2022, the organic beauty and Personal Care Company Organic Harvest introduced a brand-new assortment of organic aloe vera gel. There are four different versions of the products are available.
Among End Use industry, the cosmetics segment is expected to hold a significant market revenue share over the forecast period. This is owing to increasing demand and increasing awareness regarding harmful effects related to the use of chemical-based cosmetic products. For instance, chemical-based cosmetics such as skin allergies, acne, premature aging, and cancer, among others.
However, high doses of aloe vera extracts can lead to stomach pain, cramps, diarrhea, and kidney problems, among others. These factors can further hamper the growth of the global aloe vera extracts market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of Global Aloe Vera Extract Market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the Global Aloe Vera Extract Market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Lily of the Desert Organic Aloeceuticals, Aloe Farms Inc., Terry Laboratories Inc., Foodchem International Cooperation, Natural Aloe Costa Rica S.A., Pharmachem Laboratories Inc., Aloecorp Inc., and Aloe Laboratories Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- Global Aloe Vera Extract Market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aloe vera extract market
Detailed Segmentation:
- Global Aloe Vera Extracts Market, By Product Type:
- Aloe Vera Gel Extract
- Aloe Vera Whole Leaf Extract
- Others
- Global Aloe Vera Extracts Market, By Form:
- Gel
- Drinks
- Powders
- Capsules
- Concentrates
- Others
- Global Aloe Vera Extracts Market, By End Use Industry:
- Food
- Cosmetics
- Pharmaceuticals
- Others
- Global Aloe Vera Extracts Market, By Region:
- North America
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Europe
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- Company Profiles
- Lily of the Desert Organic Aloeceuticals *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Aloe Farms Inc.
- Terry Laboratories Inc.
- Foodchem International Cooperation
- Natural Aloe Costa Rica S.A.
- Pharmachem Laboratories Inc.
- Aloecorp Inc.
- Aloe Laboratories Inc.
“*” marked represents similar segmentation in other categories in the respective section.
