Global Aloe Vera Extract Market Research Report: Forecast (2023-2028)

By Application (Pharmaceuticals and Supplements, Personal Care & Cosmetics, Food, Beverages), By Distribution Channel (Offline, Online), By Form (Gel, Liquid, Oil, Powder, Capsul......e and Tablets), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (Aloe King, Aloe Laboratories, Aloe Vera Australia, Aloe Vera Farm Mallorca S.L., Aloevera Fertilizer, Alpspure Lifesciences Pvt. Ltd., Ashland, Botanica Healthcare, Finca Canarias, Forever Lifestyle Products, Nature’s Essence Pvt. Ltd., PIJ Holdings Sdn Bhd, Terry Laboratories, Taishan AGHG Aloe Products Co., Ltd., Verdeaurora, Yunnan Evergreen Biological Corporation) Read more

  • FMCG
  • Jul 2023
  • 187
  • PDF, Excel, PPT

Market Definition

Aloe Vera, also known as “the plant of immortality,” is a short-stemmed shrub that contains more than 500 species of flowering-succulent plants and has been used for centuries owing to its medicinal benefits. Originating from the Arabian Peninsula, this genus is grown commercially in warm tropical areas and finds varied applications in industries like personal care & cosmetics, food & beverage, and healthcare, among others.

Market Insights & Analysis: Global Aloe Vera Extract Market (2023-28)

The Global Aloe Vera Extract Market is poised to grow at a CAGR of around 8.8% during the forecast period, i.e., 2023-28. The growth of the market is projected to be propelled mainly by the ever-increasing consumer interest in natural & organic products and the growing awareness among people about the medicinal properties of aloe vera that help treat various illnesses, especially skin conditions like acne & pimples. The rising pollution levels, hectic lifestyles, and poor eating habits are stimulating several health issues worldwide. As a result, more & more people are adopting healthy lifestyles and consuming naturally-derived products, including aloe vera.

Globally, aloe vera gel or leaves are being used extensively for quick relief from fire burns, chemical injuries, & sun exposure. Massive investments by companies in R&D to introduce innovative products in order to gain an edge over their competitors and expand their global presence are also being observed worldwide, especially in India, China, & the US, i.e., contributing to the market growth. Among the emerging trends in the industry is the mounting use of aloe vera extracts in sugar-free beverages and their penetration in pharmaceuticals & supplements, which is creating new directions for the market to increase the  market size in the globe in recent coming years.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2022-2027) 8.8%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Argentina, Rest of South America
Europe: The UK, Germany, France, Spain, Italy, Russia, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
Middle East & Africa: Saudi Arabia, The UAE, South Africa, Turkey, Egypt, Rest of Middle East & Africa
Key Companies Profiled Aloe King, Aloe Laboratories, Aloe Vera Australia, Aloe Vera Farm Mallorca S.L., Aloevera Fertilizer, Alpspure Lifesciences Pvt. Ltd., Ashland, Botanica Healthcare, Finca Canarias, Forever Lifestyle Products, Nature’s Essence Pvt. Ltd., PIJ Holdings Sdn Bhd, Terry Laboratories, Taishan AGHG Aloe Products Co., Ltd., Verdeaurora, Yunnan Evergreen Biological Corporation
Unit Denominations USD Million/Billion

 

In addition, the increasing use of aloe vera-based cosmetic & personal care products like lipsticks, stretch mark creams, lotions, soaps, shampoos, etc., is another propellant for the industry. Moreover, the healthcare, cosmetic, and food & beverage sectors are excessively launching aloe-based products owing to the benefits of essential nutrients like vitamins, amino acids, enzymes, & sugars present in them, i.e., another notable aspect projected to drive the aloe vera extract market through 2028.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Preface
  4. Executive Summary
  5. Impact of Covid-19 on Global Aloe Vera Extract Market
  6. Global Aloe Vera Extract Market Trends & Insights
  7. Global Aloe Vera Extract Market Dynamics
    1. Drivers
    2. Challenges
  8. Global Aloe Vera Extract Market Regulations & Policies
  9. Global Aloe Vera Extract Market Supply Chain Analysis
  10. Global Aloe Vera Extract Market Hotspots & Opportunities
  11. Global Aloe Vera Extract Market Outlook, 2017-2027FF
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
        1. Pharmaceuticals and Supplements
        2. Personal Care & Cosmetics
        3. Food & Beverages
      2. By Distribution Channel
        1. Offline
        2. Online
      3. By Form
        1. Gel
        2. Liquid
        3. Oil
        4. Powder
        5. Capsules & Tablets
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies, By Revenues
  12. North America Aloe Vera Extract Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Distribution Channel
      3. By Form
      4. By Country
        1. The US
        2. Canada
        3. Mexico
      5. The US Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      6. Canada Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      7. Mexico Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
  13. South America Aloe Vera Extract Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Distribution Channel
      3. By Form
      4. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
      5. Brazil Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      6. Argentina Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
  14. Europe Aloe Vera Extract Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Distribution Channel
      3. By Form
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Russia
        7. Rest of the Europe
      5. Germany Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      6. The UK Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      7. France Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      8. Italy Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      9. Spain Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      10. Russia Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
  15. Middle East & Africa Aloe Vera Extract Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Distribution Channel
      3. By Form
      4. By Country
        1. Saudi Arabia
        2. The UAE
        3. South Africa
        4. Turkey
        5. Egypt
        6. Rest of the Middle East & Africa
      5. Saudi Arabia Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      6. The UAE Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      7. South Africa Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      8. Turkey Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      9. Egypt Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
  16. Asia-Pacific Aloe Vera Extract Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Distribution Channel
      3. By Form
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia
        6. Rest of Asia-Pacific
      5. China Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      6. Japan Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      7. India Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      8. South Korea Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
      9. Australia Aloe Vera Extract Market Outlook, 2017-2027F
        1. Market Size & Analysis
          1. By Revenues (USD Billion)
        2. Market Share & Analysis
          1. By Application
          2. By Distribution Channel
          3. By Form
  17. Global Aloe Vera Extract Market Key Strategic Imperatives for Growth & Success
  18. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Aloe King
      2. Aloe Laboratories
      3. Aloe Vera Australia
      4. Aloe Vera Farm Mallorca S.L.
      5. Aloevera Fertilizer
      6. Alpspure Lifesciences Pvt. Ltd.
      7. Ashland
      8. Botanica Healthcare
      9. Finca Canarias
      10. Forever Lifestyle Products
      11. Nature’s Essence Pvt. Ltd.
      12. PIJ Holdings Sdn Bhd
      13. Terry Laboratories
      14. Taishan AGHG Aloe Products Co., Ltd.
      15. Verdeaurora
      16. Yunnan Evergreen Biological Corporation
  19. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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