Global Aloe Vera Market, By Type (Aloe Vera Gel Extracts, Aloe Vera Whole Leaf Extracts and Others, Form (Gels, Powders, Capsules, Drinks and Concentrates), End-Use Industry (Pharmaceutical, Food, Cosmetics), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Aloe Vera Market
Aloe Vera market is expected to reach USD 553.10 million by 2027 growing at a growth rate of 8.90% in the forecast period of 2020 to 2027. Increasing demand of herbal products and decreasing demand of chemical products are the factor driving the aloe vera market in the forecast period of 2020- 2027.
Aloe vera is a stem less plant. It is cultivated worldwide during tropical, semi-tropical and arid climates and is used in cosmetics, soap, shampoos, wax, face wash and moisturizers which cure many ailments, besides this the aloe vera gel is also used in food ingredients and juices.
Increasing disposable income of consumers will accelerate the demand for the market growth. Consumers are getting concerned about their health due to growing diseases this will also increase the demand of the aloe vera market in the forecast period of 2020-2027. On the other hand, rising demand for aloe vera products will further create new opportunities for the aloe vera market in the forecast period of 2020- 2027.
Consumption of aloe latex for a longer period may cause heart disturbances, muscle weakness, weight loss, kidney problems, low potassium, diarrhoea and blood in the urine which may hamper the demand for aloe vera market.
This aloe vera market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aloe vera market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aloe Vera Market Scope and Market Size
Aloe vera market is segmented on the basis of type, form and end-use industry. The growth among segments helps you analyse the growth of the market and also the changes in the target market.
- On the basis of type, the aloe vera market is segmented into aloe vera gel extracts, aloe vera whole leaf extracts and others. Others segment further segmented into decolorized whole leaf extract, and dried Aloe latex.
- On the basis of form, the aloe vera market is segmented into gels, powders, capsules, and drinks and concentrates.
- On the basis of end–use industry, the aloe vera market is segmented into pharmaceutical, food, and cosmetics.
Aloe Vera Market Country Level Analysis
Aloe vera market is analysed and market size, volume information is provided by country, type, form and end-use industry as referenced above.
The countries covered in the aloe vera market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the aloe vera market in the forecast period of 2020 to 2027 due to increasing demand of organic products in the region and also high investments in the sector along with increasing demand for skincare and cosmetics products and rising disposable income of the people in the region.
The country section of the aloe vera market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aloe Vera Market Share Analysis
Aloe vera market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aloe vera market.
The major players covered in the aloe vera market are Aloe Laboratories Inc., Terry Laboratories Inc., Pokonobe Inc., Foodchem International Corporation, Lily of the Desert Organic Aloeceuticals, Aloe Farms Inc., Aloecorp Inc., Natural Aloe Costa Rica S.A., Houssy Global and Pharmachem Laboratories Inc., and Cady products LLC. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Aloe Vera Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Facebook) or can assist you in creating presentations from the data sets available in the report.