Aloe Vera Extract Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product, By Distribution Channel By Nature, By Application, By Region Forecast 2019 - 2030.

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Aloe Vera Extract Market Size, Share, Growth, Trends, and Global Industry Analysis: Size, Share, Growth, Trends, and Global Industry Analysis By Product (Gels, Powders, Capsules, Liquid, Tablets), By Distribution Channel (Offline, Online & Others) By Nature (Organic, Conventional), By Application (Dietary Supplements, Cosmetics, Food & Beverage, Pharmaceutical, Hair Care, Baby Care & Others), By Region Forecast 2019 - 2030.

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Aloe Vera Extract Market size was valued at US$ 2,698.3 million in 2023 and is projected to grow at CAGR 6.8% from 2024 – 2030. Aloe vera extract is a product derived from the aloe vera plant, which is a cactus-like plant that has been used for thousands of years for its medicinal properties. Aloe vera extract has many potential health benefits, including wound healing, anti-inflammatory effects etc.

The key market drivers of aloe vera extract market are growing adoption of a healthy lifestyle across all age groups, the growing need for medical products derived from aloe vera extract, increasing popularity of aloe vera extract as a natural and herbal ingredient in skincare and cosmetics, increasing use of aloe vera extracts in aloe-based drinks, and grow in adoption of aloe vera extract in pharmaceutical applications such as anti-inflammatory, anti-bacterial, and antioxidant qualities. However, some restraints of aloe vera extract market are adverse clinical effects of aloe vera extract, limited awareness about aloe vera extract health benefits in underdeveloped countries, and adoption of alternative products for aloe vera extract.

Moreover, some key opportunities in aloe vera extract market are expanding demand for natural and organic products, increasing use of aloe vera extract in pharmaceuticals, technological advancements in processing of aloe vera extract through which it improves the quality and shelf life of aloe vera gel extract, and collaboration with wellness and spa industries to expand the aloe vera based treatments. The key trends of aloe vera extract market are adoption of aloe vera extract in food & beverage industry to offer colourless and coloured health drinks, and the incorporation of aloe vera extract in topical gels & freeze-dried organic powder form in pharmaceutical sectors.

Aloe Vera Extract Market Key Developments:

  • In September 2023, The Asian food and beverage company Kelly Loves launched a brand-new aloe vera drink with pineapple flavour. The 500ml drink, which contained actual aloe gel, went well with their other offerings, which included Yuzu Iced Green Tea, Ramune Soda, and Aloe Vera Drink (without added sugar).
  • In September 2021, The FDA approved Desert Harvest, a manufacturer of nutritional supplements containing a high concentration of aloe vera, to use their superior medicine, aloe vera capsules, to treat Interstitial Cystitis (IC), a chronic bladder health condition.

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Aloe Vera Extract Market Summary

Study Period

2024 - 2030

Base Year

2023

CAGR

6.8%

Largest Market

Asia Pacific

Fastest Growing Market

Europe

Aloe Vera Extract Market Dynamics

The growing need for medical products derived from aloe vera extract is important driver of the market's expansion. There are several treatments for skin, hair, and diabetes disorders that aloe vera provides like bioactive compounds such as aloins, polysaccharides, and lectins, which may help regulate blood sugar levels. In particular, a large portion of the population with diabetes is currently treated with natural, organic, and herbal extracts. Furthermore, the aloe vera extract decreases dental plaque, aids in the healing of canker sores, eases constipation, eases gum inflammation, and lowers blood sugar. Rising prevalence of these health problems as a result of altered lifestyles and rising pollution has aided in the aloe vera extract market expansion.

Aloe Vera Extract Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024 - 2030

Market Size in 2023

US$ 2,698.3 million

Market CAGR

6.8%

By Product

  • Gels
  • Powders
  • Capsules
  • Liquid
  • Tablets

By Distribution Channel

  • Offline
  • Online
  • Others

By Nature

  • Organic
  • Conventional

By Application

  • Dietary supplements
  • Cosmetics
  • Food & beverage
  • Pharmaceutical
  • Hair care
  • Baby care
  • Others

Key Features of the Report

  • The aloe vera extract market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.

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Frequently Asked Questions

The global aloe vera extract market was valued at US$ 2,698.3 million in 2023 and is projected to grow at 6.8% CAGR over the forecast years 2024 – 2030.

Asia pacific region is expected to have the highest market share in aloe vera extract market.

The key market players of aloe vera extract market are Aloe Laboratories, Aloe Queen Inc., Aloecorp, Forever Living Products International, Inc, Patanjali Ayurved Ltd.

The gel type of product is most widely used in aloe vera extract market.

The key market drivers of ale vera extract market are growing adoption of a healthy lifestyle across all age groups, the growing need for medical products derived from aloe vera extract.

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Aloe Vera Extract Market Introduction 
2.1.Global Aloe Vera Extract Market  - Taxonomy
2.2.Global Aloe Vera Extract Market  - Definitions
2.2.1.Product
2.2.2.Distribution Channel
2.2.3.Nature
2.2.4.Application
2.2.5.Region
3. Global Aloe Vera Extract Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Aloe Vera Extract Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Aloe Vera Extract Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Gels
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Powders
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Capsules
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Liquid
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Tablets
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6. Global Aloe Vera Extract Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Offline
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Online
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Others
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Aloe Vera Extract Market  By Nature, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Organic
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Conventional
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8. Global Aloe Vera Extract Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Dietary supplements
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Cosmetics
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Food & beverage
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Pharmaceutical
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Hair care
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
8.6. Baby care
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
8.7. Others
8.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.7.3. Market Opportunity Analysis 
9. Global Aloe Vera Extract Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Aloe Vera Extract Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Gels
10.1.2.Powders
10.1.3.Capsules
10.1.4.Liquid
10.1.5.Tablets
10.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Offline
10.2.2.Online
10.2.3.Others
10.3.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Organic
10.3.2.Conventional
10.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Dietary supplements
10.4.2.Cosmetics
10.4.3.Food & beverage
10.4.4.Pharmaceutical
10.4.5.Hair care
10.4.6.Baby care
10.4.7.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Aloe Vera Extract Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Gels
11.1.2.Powders
11.1.3.Capsules
11.1.4.Liquid
11.1.5.Tablets
11.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Offline
11.2.2.Online
11.2.3.Others
11.3.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Organic
11.3.2.Conventional
11.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Dietary supplements
11.4.2.Cosmetics
11.4.3.Food & beverage
11.4.4.Pharmaceutical
11.4.5.Hair care
11.4.6.Baby care
11.4.7.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Aloe Vera Extract Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Gels
12.1.2.Powders
12.1.3.Capsules
12.1.4.Liquid
12.1.5.Tablets
12.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Offline
12.2.2.Online
12.2.3.Others
12.3.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Organic
12.3.2.Conventional
12.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Dietary supplements
12.4.2.Cosmetics
12.4.3.Food & beverage
12.4.4.Pharmaceutical
12.4.5.Hair care
12.4.6.Baby care
12.4.7.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Aloe Vera Extract Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Gels
13.1.2.Powders
13.1.3.Capsules
13.1.4.Liquid
13.1.5.Tablets
13.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Offline
13.2.2.Online
13.2.3.Others
13.3.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Organic
13.3.2.Conventional
13.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Dietary supplements
13.4.2.Cosmetics
13.4.3.Food & beverage
13.4.4.Pharmaceutical
13.4.5.Hair care
13.4.6.Baby care
13.4.7.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Aloe Vera Extract Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Gels
14.1.2.Powders
14.1.3.Capsules
14.1.4.Liquid
14.1.5.Tablets
14.2.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Offline
14.2.2.Online
14.2.3.Others
14.3.  Nature Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Organic
14.3.2.Conventional
14.4.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Dietary supplements
14.4.2.Cosmetics
14.4.3.Food & beverage
14.4.4.Pharmaceutical
14.4.5.Hair care
14.4.6.Baby care
14.4.7.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Patanjali Ayurved Ltd.
15.2.2.Aloe Laboratories
15.2.3.Aloe Queen Inc.
15.2.4.Aloecorp
15.2.5.Terry Laboratories, L.L.C.
15.2.6.Ashland LLC.
15.2.7.Calmino Group AB
15.2.8.Lily of the Desert
15.2.9.Aloe Farms, Inc
15.2.10.Forever Living Products International, Inc
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Patanjali Ayurved Ltd.
  • Aloe Laboratories
  • Aloe Queen Inc.
  • Aloecorp
  • Terry Laboratories, L.L.C.
  • Ashland LLC.
  • Calmino Group AB
  • Lily of the Desert
  • Aloe Farms, Inc
  • Forever Living Products International, Inc

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